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NVIDIA Corporation (NVDA) saw a strong rally in its stock price, climbing by 2.09%, or $3.03, to reach $148.29 as of 9:26 AM EST. The company’s market capitalization now stands at an impressive $3.638 trillion. NVIDIA’s continued growth in areas like AI and gaming technologies has driven its remarkable 203.33% increase over the past year.
Tesla, Inc. (TSLA) experienced a sharp decline, falling by 6.15%, or $21.51, to $328.49. Despite this drop, Tesla’s market cap remains strong at $1.054 trillion. The stock’s P/E ratio of 90.00 reflects investor optimism, but this morning’s dip marks a setback after the company’s previous growth.
Lucid Group, Inc. (LCID) saw a significant drop of 8.55%, falling $0.20 to $2.14. With a market cap of $6.445 billion, Lucid has faced challenges in the electric vehicle space, as evidenced by the -49.29% drop in its stock price over the past year.
NIO Inc. (NIO) also struggled this morning, falling 9.49%, or $0.48, to $4.58. The Chinese electric vehicle maker’s market cap stands at $10.216 billion, and it has faced similar challenges to its competitors in the EV space, with a -42.32% decline over the past year.
MARA Holdings, Inc. (MARA), known for its focus on cryptocurrency mining, saw a modest gain of 0.88%, rising $0.22 to $25.23. The company’s market cap is $7.43 billion, and it has experienced a 146.39% increase in its stock price, boosted by the broader cryptocurrency market’s rise.
Shopify Inc. (SHOP) had an outstanding performance, jumping 21.04%, or $18.93, to $108.92. The Canadian e-commerce company’s market cap is now $141.303 billion, marking a 60.53% increase over the past year. Shopify’s strong growth reflects continued optimism in the e-commerce and digital retail sectors.
Palantir Technologies Inc. (PLTR) saw a minor decline of 0.65%, falling by $0.39 to $59.85. Despite this dip, the data analytics company maintains a robust market cap of $136.339 billion, reflecting a 200% increase in its stock price over the last year.
Disclaimer: The information provided is based solely on market data available at the time and should not be interpreted as financial advice.