{"id":59147,"date":"2024-11-11T12:22:51","date_gmt":"2024-11-11T17:22:51","guid":{"rendered":"https:\/\/www.businessupturn.com\/usa\/?p=59147"},"modified":"2024-11-11T12:22:51","modified_gmt":"2024-11-11T17:22:51","slug":"midday-market-update-tesla-rises-7-55-mara-surges-24-05-while-nvidia-drops-1-97","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/usa\/midday-market-update-tesla-rises-7-55-mara-surges-24-05-while-nvidia-drops-1-97\/59147\/","title":{"rendered":"Midday market update: Tesla rises 7.55%, Mara surges 24.05%, while NVIDIA drops 1.97%,"},"content":{"rendered":"<p>On Monday, 11 November 2024 at 12:19 PM , several stocks experienced significant movements, with <strong>Tesla, Inc.<\/strong> (TSLA) leading the charge, up 7.55%, or $24.24, to reach $345.46. Tesla\u2019s market capitalization has now reached $1.112 trillion, with a 24-hour trading volume of $82.602 million. Investors are continuing to show strong confidence in the electric vehicle giant, driven by its market position and ongoing growth.<\/p>\n<p><strong>SoFi Technologies, Inc.<\/strong> (SOFI) also posted a notable gain, rising 9.22%, or $1.20, bringing its stock price to $14.21. The company\u2019s market cap increased to $15.415 billion, with a trading volume of $47.899 million. SoFi continues to benefit from strong investor sentiment as it makes strides in the fintech sector.<\/p>\n<p>In the cryptocurrency space, <strong>MARA Holdings, Inc.<\/strong> (MARA) surged 24.05%, climbing by $4.63 to $23.88, pushing its market cap to $7.016 billion. With a trading volume of $37.874 million, Mara\u2019s impressive rise reflects growing interest in crypto-related stocks.<\/p>\n<p><strong>Trump Media & Technology Group Corp.<\/strong> (TMTG) also saw a solid gain of 4.45%, increasing by $1.42 to $33.33. The company\u2019s market capitalization now stands at $7.254 billion, with a 24-hour trading volume of $36.807 million.<\/p>\n<p>On the downside, <strong>NVIDIA Corporation<\/strong> (NVDA) saw a drop of 1.97%, down $2.90 to $144.73, with a market cap of $3.553 trillion. The semiconductor company continues to dominate the tech sector, but faced a slight pullback today. Similarly, <strong>Super Micro Computer, Inc.<\/strong> (SMCI) experienced a significant decline, falling by 8.28%, or $2.03, to $22.49, reflecting broader market pressures.<\/p>\n<p>Other notable movements include <strong>Lucid Group, Inc.<\/strong> (LCID), which gained 6.11%, and <strong>SoundHound AI, Inc.<\/strong> (SOUN), which saw a 5.76% rise. <strong>Palantir Technologies Inc.<\/strong> (PLTR) also posted a gain of 4.76%, while <strong>Riot Platforms, Inc.<\/strong> (RIOT) rose 19.88%, highlighting strong market interest in AI and crypto stocks.<\/p>\n<h3><strong>Disclaimer<\/strong><\/h3>\n<p>This story is for informational purposes only and should not be construed as investment advice. All figures presented are based on available data as of 12:19 PM, Monday, 11 November 2024.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Monday, 11 November 2024 at 12:19 PM , several stocks experienced significant movements, with Tesla, Inc. (TSLA) leading the\u2026<\/p>\n","protected":false},"author":434,"featured_media":58993,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73],"tags":[2658,3926,22334,22462,12697,22391,3934,15533,23238,22544,23239,1617,12763,2770,153,3555,11479],"class_list":["post-59147","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us-markets","tag-ai","tag-cryptocurrency","tag-financial-news","tag-lucid-group","tag-mara","tag-market-update","tag-nvidia","tag-palantir","tag-riot","tag-sofi","tag-soundhound","tag-stock-market","tag-super-micro-computer","tag-technology","tag-tesla","tag-trading","tag-trump-media"],"reading_time":"2 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/59147","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/users\/434"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/comments?post=59147"}],"version-history":[{"count":0,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/59147\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media\/58993"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media?parent=59147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/categories?post=59147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/tags?post=59147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}