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As of 9:54 AM EST, several high volume stocks have exhibited varied performance early on Thursday. Tesla, Inc. continued with its upward rally from yesterday after it saw an upward move of +3.20%, trading at 347.27 USD with a market cap of 1.12 T USD.
NVIDIA Corporation gained +1.30% to reach 132.84 USD, boasting a market cap of 3.25 T USD, the stock is rising after ending Wednesday on a negative signal. However, Applovin Corporation recorded a significant rise of +34.05%, with shares priced at 509.82 USD and a market cap of 171.09 B USD. Applovin has reported revenue and income reports in the Q4 which were better than investor expectations.
Robinhood Markets, Inc. followed with an increase of +11.72%, trading at 62.46 USD and holding a market cap of 55.21 B USD, the stock was rising on Thursday after reporting higher Q4 earnings and revenue. Meanwhile, Microsoft Corporation dipped slightly by −0.37% to 407.53 USD, holding a market cap of 3.03 T USD.
Apple Inc. edged up by +0.12% to 237.15 USD with a market cap of 3.56 T USD. On the other hand, Meta Platforms, Inc. slipped by −0.32%, trading at 723.09 USD and carrying a market cap of 1.83 T USD.
Reddit, Inc. experienced a larger decline of −4.60% at 206.51 USD, with a market cap of 36.26 B USD. Reddit’s stock was plunging on Thursday after the number of active daily users fall below expectation. Additionally, Palantir Technologies Inc. dropped −0.92%, trading at 116.32 USD and holding a market cap of 264.97 B USD.
Lastly, Intel Corporation surged by +7.16%, trading at 24.09 USD with a market cap of 104.31 B USD. The stock boosted this week after Vice President JD Vance made statements at the AI Action Summit in Paris about the administration’s plans to relax regulations to enable rapid innovation of AI chips in the United States.
Disclaimer: This article is for informational purposes only and does not constitute any financial advice.