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As of 9:53 AM EST today, major tech stocks displayed mixed trends in early trading. Even after reporting more-than-expected revenue growth in the fourth-quarter, NVIDIA Corporation traded at 128.74 USD, dropping 1.93%, with a market capitalization of 3.15 trillion USD.
Tesla, Inc. saw a slight decline, trading at 288.97 USD, down 0.63%, with a market cap of 929.48 billion USD, this extends Tesla’s losing streak to five trading sessions. However, Apple Inc. edged up 0.13%, reaching 240.68 USD, while maintaining a 3.62 trillion USD market cap.
Palantir Technologies Inc. gained 0.42%, trading at 89.70 USD, with a market cap of 210.38 billion USD. On the other hand, Meta Platforms, Inc. slipped 0.62%, trading at 669.51 USD, with a market cap of 1.7 trillion USD.
Amazon.com, Inc. saw a slight dip of 0.11%, trading at 214.11 USD, with a market cap of 2.27 trillion USD. Whereas, Microsoft Corporation gained 0.54%, rising to 401.88 USD, with a market cap of 2.99 trillion USD.
Snowflake Inc. surged 8.40%, trading at 180.15 USD, with a market cap of 59.47 billion USD, the cloud software provider company’s stock rose after its earnings beat investor estimates. On the negative side, Super Micro Computer, Inc. tumbled 8.51%, trading at 46.76 USD, with a market cap of 27.75 billion USD.
Finally, Salesforce, Inc. dropped 4.00%, trading at 295.05 USD, with a market cap of 282.36 billion USD, the stock dropped after its earnings report came below investor expectations.
Disclaimer: This article is for informational purposes only and does not constitute any financial advice.