Stock Market Movers: Tesla Slips, Nvidia Rallies and Palantir Surges Over 6%

The stock market witnessed mixed movements as major tech giants and pharmaceutical leaders saw both gains and declines. Tesla (TSLA) experienced a 1.99% drop, continuing its losing streak after Director Robyn Denholm sold shares worth $43.16 million. Meanwhile, Nvidia (NVDA), Palantir (PLTR), and Eli Lilly (LLY) surged, with Palantir leading the rally at +6.60%.

Tesla (TSLA) Slips for Second Day After Insider Selling

Tesla shares dropped 1.99% to $370.65, bringing its market cap to $1.19 trillion. This decline follows Director Robyn Denholm’s planned sale of $43.16 million worth of Tesla stock, with transactions occurring between $375.06 and $389.08—close to the stock’s current trading level of $378.17.

Nvidia (NVDA) Continues Strong Momentum, Up +2.38%

Nvidia stock climbed 2.38% to $127.80, pushing its market capitalization to a staggering $3.13 trillion. The AI chipmaker continues to ride the AI boom, solidifying its dominance in the semiconductor industry and fueling investor optimism.

Palantir (PLTR) Surges +6.60%, Stock Hits $108.05

Palantir Technologies soared 6.60%, closing at $108.05 with a market cap of $246.13 billion. The data analytics and AI firm continues to impress Wall Street, benefiting from rising demand for AI-driven intelligence and government contracts.

Meta (META) and Amazon (AMZN) Post Modest Gains

  • Meta Platforms (META) gained +0.94%, closing at $711.52 with a market cap of $1.8 trillion.
  • Amazon (AMZN) ticked up +0.58% to $237.54, reaching a $2.5 trillion market valuation.

Eli Lilly (LLY) Jumps +3.03% After Earnings Beat

Pharmaceutical giant Eli Lilly posted a 3.03% gain, trading at $867.69 with a market cap of $823.71 billion. The stock surged after the company exceeded Wall Street’s Q4 earnings expectations, further reinforcing its stronghold in the healthcare sector.

Apple (AAPL) and AMD (AMD) Slip Amid Market Fluctuations

  • Apple (AAPL) saw a slight dip of −0.57%, closing at $231.14, with a $3.47 trillion market cap.
  • Advanced Micro Devices (AMD) declined −1.60%, trading at $110.22, with a market cap of $178.86 billion.

The stock market remains volatile as investor sentiment shifts across tech, AI, and pharmaceutical sectors. Stay updated with the latest stock trends to navigate market opportunities. 🚀

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