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As of 9:51 AM EST, several major companies have displayed varying trends in the stock market as Wall Street gauges the White House’s proposals regarding further tariffs. Tesla, Inc. recorded a 2.78% increase, with its stock price at 363.95 USD and a market capitalization of 1.17 T USD. The stock was on a rise after Tesla CEO Elon Musk and President Trump were seen together in an interview with Fox News’ Sean Hannity
Super Micro Computer, Inc. (SMCI) also posted gains, rising 1.81% to 56.81 USD, with a market cap of 33.27 B USD. The stock continues its winning rally as the company looks forward to achieve a revenue projection of $40M in FY 2026. Meanwhile, NVIDIA Corporation (NVDA) experienced a slight decline of 0.56%, with its stock price at 138.63 USD and market capitalization standing at 3.39 T USD.
Meta Platforms, Inc. (META) saw a drop of 2.19%, with shares priced at 700.67 USD and a total market cap of 1.78 T USD. The tech-giant company’s stock was falling on early Wednesday after its 20 days winning streak ended on Tuesday. However, Palantir Technologies Inc. (PLTR) also experienced a decline, falling 1.29% to 123.01 USD, with a market capitalization of 280.22 B USD.
Apple Inc. (AAPL) demonstrated modest growth, rising 0.07% to 244.64 USD, with its market cap reaching 3.68 T USD. Apple is expected to unveil a new low-cost iPhone with AI features. Conversely, Intel Corporation (INTC) experienced a sharp decline of 6.66%, with its stock priced at 25.57 USD and a market cap of 110.7 B USD.
Lastly, Amazon.com, Inc. (AMZN) recorded a decline of 0.80%, with shares priced at 224.84 USD and a market capitalization of 2.38 T USD.
Disclaimer: This article is for informational purposes only and does not constitute any financial advice.