Stock Market Movers: Tesla, Alibaba Surge While Zillow, Exxon and Oracle Struggle
The stock market experienced significant fluctuations on Wednesday, with major shifts in mega-cap, large-cap, mid-cap, and small-cap stocks. Tesla (NASDAQ:TSLA) and Alibaba (BABA) emerged as standout performers, while Zillow Group (NASDAQ:ZG), Exxon Mobil (NYSE:XOM), and Oracle (NYSE:ORCL) faced declines.
Mega-Cap Stock Movers ($200B+ Market Cap)
🔼 Alibaba (BABA) +5.28% – Alibaba saw a notable increase in trading volume, driving a strong rally.
🔼 Tesla (TSLA) +4.49% – The EV giant continued its volatile run with a significant gain today.
🔼 Palantir (NASDAQ:PLTR) +3.7% – The AI-focused company posted strong year-to-date (YTD) performance.
🔽 Exxon Mobil (XOM) -2.45% – Oil giant Exxon fell, reflecting weakness in energy stocks.
🔽 Oracle (ORCL) -2.71% – The tech company saw a pullback from its recent highs.
🔽 Home Depot (HD) -2.48% – The home improvement retailer declined amid market pressures.
Large-Cap Stock Movers ($10B-$200B Market Cap)
🔼 CVS Health (CVS) +15.42% – Reported strong Q4 and full-year 2024 results, leading the day’s large-cap gainers.
🔼 Futu Holdings (FUTU) +9.67% – Experienced an upward surge in today’s trading.
🔽 Zillow Group (ZG) -9.82% – Despite a partnership with Redfin (RDFN) for improved apartment listings, the stock declined.
🔽 Tenet Healthcare (THC) -8.51% – Despite beating Q4 estimates, shares dropped.
🔽 Westinghouse Air Brake Tech (WAB) -8.28% – Earnings miss and weak guidance weighed on the stock.
Mid-Cap Stock Movers ($2B-$10B Market Cap)
🚀 Biggest Gainers:
✅ Upstart Holdings (UPST) +31.65% – Soared on strong Q4 revenue and an upbeat 2025 outlook.
✅ Confluent (CFLT) +22.98% – Jumped on AI-driven data integrations with Databricks.
✅ Pony AI (PONY) +13.7% – Despite a negative YTD return, the stock surged today.
📉 Biggest Decliners:
🔽 OneStream (OS) -20.38% – Dropped after reporting Q4 and full-year 2024 financials.
🔽 Teradata (TDC) -18.61% – Revenue miss and weak guidance led to a steep decline.
🔽 Blackline (BL) -17.15% – Weakened after disappointing earnings and guidance.
Small-Cap Stock Movers ($300M-$2B Market Cap)
🔼 Top Performers:
🚀 Ehang Holdings (EH) +22.02% – A major small-cap gainer in today’s market.
🚀 AnaptysBio (ANAB) +22.75% – Surged as the company announced Phase 2b clinical trial results.
🚀 Redwire (RDW) +16.72% – Rallied on a contract win for the European Space Agency.
🔽 Biggest Losers:
📉 NuStar GP Holdings (SPIR) -52.29% – The worst-performing small-cap stock today.
📉 SimilarWeb (SMWB) -28.49% – Plummeted after weak Q1 guidance and an earnings miss.
📉 STAAR Surgical (STAA) -24.43% – Disappointed investors with missed Q4 earnings and weak outlook.
Final Thoughts
While Tesla, Alibaba, and Upstart Holdings led gains, stocks like Zillow, Exxon, and Oracle saw declines. With ongoing earnings reports and economic data shaping investor sentiment, market volatility remains high. Stay tuned for further updates on earnings, interest rate decisions, and economic indicators driving stock movements.
