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As of 9:54 a.m. EST, several major technology stocks showed varied performance. Tesla, Inc. saw a gain of 2.43% with its stock priced at $336.49, while its market capitalization stood at $1.08 trillion. The stock is rising on Wednesday after sliding down for five days straight.
NVIDIA Corporation experienced a dip of 0.62%, bringing its stock price to $131.98, with a market cap of $3.23 trillion. However, Super Micro Computer, Inc. surged 8.57% to a stock price of $41.92, with a market cap of $24.55 billion. The AI server maker company on Tuesday reported a fiscal 2025 revenue of around $23.5 billion to $25 billion, while stepping into FY 2026 the company plans to achieve $40 billion revenue.
Palantir Technologies Inc. rose 2.36% to $115.28, with a valuation of $262.61 billion. Whereas, Apple Inc. showed a minor decline of 0.08% at $232.44, with a market cap of $3.49 trillion.
Microsoft Corporation dropped 0.66% to $408.72, holding a market capitalization of $3.04 trillion. On the other hand, Meta Platforms, Inc. was down 0.12%, trading at $718.95, with a market cap of $1.82 trillion.
Amazon.com, Inc. declined 1.15% to $230.08, with its market capitalization at $2.44 trillion. Intel Corporation also saw positive momentum as it rose by 3.24% to $21.65, valuing the company at $93.74 billion. Adding to the list Upstart Holdings, Inc. made significant gains of 29.86%, trading at $87.45, with a market cap of $7.98 billion. Upstart Holdings said it expects Q1 revenue of around $200M which is better than investor estimates of $184.6M, resulting in the stock’s surge on Wednesday.
Finally, Micron Technology, Inc. experienced a drop of 3.34%, trading at $90.94, with a market cap of $101.32 billion.
Disclaimer: This article is for informational purposes only and does not constitute any financial advice.