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As of 9:51 AM EST, major technology and consumer stocks experienced varied performances. NVIDIA Corporation traded at 130.03 USD, gaining 1.05%, with a market capitalization of 3.18 trillion USD.
Tesla, Inc. rose 1.48% to 379.86 USD, bringing its market cap to 1.22 trillion USD. Meanwhile, Amazon.com, Inc. saw a decline of 2.15%, trading at 233.71 USD, with a market valuation of 2.46 trillion USD. The company’s stock was declining on Friday after it reported fourth-quarter results which fulfilled estimates but its outlook overwhelmed.
Palantir Technologies Inc. climbed 2.11% to 113.63 USD, reaching a market cap of 258.85 billion USD. However, Meta Platforms, Inc. advanced 1.63%, with shares priced at 723.57 USD, giving it a market cap of 1.83 trillion USD.
International Paper Company increased 1.23% to 56.43 USD, holding a market value of 29.75 billion USD. Similarly, MicroStrategy Incorporated surged 4.29% to 339.43 USD, with a market capitalization of 85.29 billion USD.
Microsoft Corporation edged up 0.49% to 417.86 USD, valuing the company at 3.11 trillion USD. On the other hand, Apple Inc. showed marginal gains of 0.06%, trading at 233.36 USD, with a market cap of 3.51 trillion USD.
Lastly, Pinterest, Inc. saw the most significant jump, soaring 19.20% to 40.04 USD, bringing its market capitalization to 27.06 billion USD. The social media service company reported a positive growth in its revenue and monthly users resulting in the stock’s surge on Friday.
Disclaimer: This article is for informational purposes only and does not constitute any financial advice.