Here’s a look at the companies making headlines in midday trading: Tesla — The electric car maker’s shares fell 5% after reporting its first annual decline in vehicle deliveries. Tesla delivered 1.79 million vehicles in 2024, down from 1.81 million vehicles in 2023. 7%. Unity Software — Video game stocks soared 9% after internet celebrity Keith Gill, aka Roaring Kitty, posted a gif of a “Chappelle’s Show” sketch featuring comedian Dave Chappelle playing late musician Rick James on social media site X. One of James’ songs is called “Unity.” Gill fueled the GameStop investment short squeeze in 2021. New ways to monetize its content. SoFi Technologies — The fintech stock fell 7% after KBW downgraded its rating to underperform. The investment firm cited high valuations as the reason for the correction. Synaptics — Shares of Synaptics rose 7.1% after the semiconductor company announced a partnership with Google for Edge AI. Through the agreement, Google’s machine learning core will be integrated into Synaptics’ Astra hardware. Shares of Google parent company Alphabet rose 0.5%. Nvidia – Shares of the chip maker and poster child for the artificial intelligence industry rose 3% after Loop Capital said Nvidia is in its “nirvana” moment and can sustain sustained gains. Crypto Stocks – Crypto stocks rose on Thursday as Bitcoin climbed back towards the $96,000 mark. Coinbase and MicroStrategy were both up about 5%, while miners Mara Holdings, Riot Platforms and Bitdeer were up 5%, 3% and 9% respectively. Uber, Norwegian Cruise Line — Shares of both companies moved higher after Goldman Sachs added both companies to its “order list” for January. Uber shares rose about 4%, while Norwegian Air shares rose more than 1%. Topgolf Callaway Brands — Shares of Topgolf Callaway Brands rose nearly 13% after Jefferies upgraded the stock to buy from hold. The company believes the golf company provides strong value as it prepares to divest its Topgolf business. Jefferies also raised its price target to $13 from $11, implying a 65% upside ahead. Cloudflare — Shares of the cloud-based cybersecurity stock rose 5.7% after Goldman Sachs upgraded its rating to “buy” from “sell.” The company also nearly doubled its price target, citing “several positive catalysts” for the stock in 2025, including Cloudflare’s sales and marketing productivity improvements and edge computing solutions. —CNBC’s Sean Conlon, Michelle Fox, Alex Harring and Pia Singh contributed reporting.
ABOUT US
Our news website delivers comprehensive coverage on US news, economy, politics, and world events, ensuring you stay informed on the latest developments. We provide timely and accurate news to keep you updated on the most important stories. Stay connected with us for in-depth analysis and breaking news from around the globe.
Contact us: contact@realtimeheadlines.com
© Real Times Headlines - 2024 | All Rights Reserved