{"id":63032,"date":"2025-02-13T12:52:01","date_gmt":"2025-02-13T17:52:01","guid":{"rendered":"https:\/\/www.businessupturn.com\/usa\/?p=63032"},"modified":"2025-02-13T12:52:01","modified_gmt":"2025-02-13T17:52:01","slug":"stock-market-news-tesla-posted-rise-of-3-73-while-palantir-dropped-by-0-52-during-midday-trading","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/usa\/stock-market-news-tesla-posted-rise-of-3-73-while-palantir-dropped-by-0-52-during-midday-trading\/63032\/","title":{"rendered":"Stock market news: Tesla posted rise of 3.73% while Palantir dropped by 0.52% during midday trading"},"content":{"rendered":"<p><span>As of 12:35 PM EST today, tech and consumer stocks showed varied movement with major rise in the tech sector. <\/span><b>Tesla, Inc.<\/b><span> continued with a positive rally after it saw a gain of <\/span><b>3.73%<\/b><span>, rising to <\/span><b>$349.06<\/b><span> with a market cap of <\/span><b>$1.12T<\/b><span>.<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u00a0<\/span><b>NVIDIA Corporation<\/b><span style=\"font-weight: 400\"> climbed <\/span><b>2.97%<\/b><span style=\"font-weight: 400\"> to <\/span><b>$135.04<\/b><span style=\"font-weight: 400\">, bringing its market cap to <\/span><b>$3.31T<\/b><span style=\"font-weight: 400\">. However, <\/span><b>Applovin Corporation<\/b><span style=\"font-weight: 400\"> led the gains with an impressive <\/span><b>23.26%<\/b><span style=\"font-weight: 400\"> surge, closing at <\/span><b>$468.78<\/b><span style=\"font-weight: 400\"> and a market cap of <\/span><b>$157.32B<\/b><span style=\"font-weight: 400\">. The company has reported higher-than-expected Q4 earnings, resulting in the stock\u2019s surge.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u00a0<\/span><b>Apple Inc.<\/b><span style=\"font-weight: 400\"> experienced a more modest increase of <\/span><b>1.50%<\/b><span style=\"font-weight: 400\">, trading at <\/span><b>$240.43<\/b><span style=\"font-weight: 400\"> with a market cap of <\/span><b>$3.61T<\/b><span style=\"font-weight: 400\">. Apple CEO has announced the arrival of a new member on Feb 19. On the downside, <\/span><b>Palantir Technologies Inc.<\/b><span style=\"font-weight: 400\"> dipped <\/span><b>0.52%<\/b><span style=\"font-weight: 400\"> to <\/span><b>$116.78<\/b><span style=\"font-weight: 400\">, maintaining a market cap of <\/span><b>$266.03B<\/b><span style=\"font-weight: 400\">.<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u00a0<\/span><b>Meta Platforms, Inc.<\/b><span style=\"font-weight: 400\"> fell by <\/span><b>0.71%<\/b><span style=\"font-weight: 400\"> to <\/span><b>$720.22<\/b><span style=\"font-weight: 400\">, with a market cap of <\/span><b>$1.82T<\/b><span style=\"font-weight: 400\">, this ends Meta\u2019s 18-day surge. However,\u00a0 <\/span><b>Microsoft Corporation<\/b><span style=\"font-weight: 400\"> slipped by <\/span><b>0.23%<\/b><span style=\"font-weight: 400\"> to <\/span><b>$408.09<\/b><span style=\"font-weight: 400\"> with a market cap of <\/span><b>$3.03T<\/b><span style=\"font-weight: 400\">.<\/span><\/p>\n<p><b>Intel Corporation<\/b><span style=\"font-weight: 400\"> recorded a strong gain of <\/span><b>9.01%<\/b><span style=\"font-weight: 400\">, reaching <\/span><b>$24.51<\/b><span style=\"font-weight: 400\"> with a market cap of <\/span><b>$106.11B<\/b><span style=\"font-weight: 400\">. However, <\/span><b>Robinhood Markets, Inc.<\/b><span style=\"font-weight: 400\"> also performed well, rising by <\/span><b>12.04%<\/b><span style=\"font-weight: 400\"> to <\/span><b>$62.64<\/b><span style=\"font-weight: 400\"> and achieving a market cap of <\/span><b>$55.37B<\/b><span style=\"font-weight: 400\">, after the company beat revenue expectations for Q4.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Lastly,<\/span><b> Reddit, Inc.<\/b><span style=\"font-weight: 400\"> saw a sharp decline of <\/span><b>7.70%<\/b><span style=\"font-weight: 400\">, falling to <\/span><b>$199.80<\/b><span style=\"font-weight: 400\"> with a market cap of <\/span><b>$35.08B<\/b><span style=\"font-weight: 400\">, the stock declined on Thursday due to a decreased number of active daily users for the app.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Disclaimer: This article is for informational purposes only and does not constitute any financial advice.\u00a0<\/span><\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tesla, Inc. continued with a positive rally after it saw a gain of 3.73%, rising to $349.06 with a market cap of $1.12T.<\/p>\n","protected":false},"author":433,"featured_media":58593,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73],"tags":[284,18595,6467,22414,23237,3934,18616,11422,24765,153],"class_list":["post-63032","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us-markets","tag-apple","tag-applovin","tag-intel","tag-meta-platforms","tag-microsoft-corporation","tag-nvidia","tag-palantir-technologies","tag-reddit","tag-robinhood-markets","tag-tesla"],"reading_time":"2 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/63032","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\/433"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/comments?post=63032"}],"version-history":[{"count":0,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/63032\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media\/58593"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media?parent=63032"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/categories?post=63032"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/tags?post=63032"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}