Momentum Movers

• $INTC up 16% amid reports that $TSM and $AVGO are considering bids for portions of the company.
• $IONQ $RGTI each down 10% as the quantum sector faced pressure after $AMZN cut its position in $IONQ in a recent 13F filing. 
• $SMCI up 16% on continued momentum after reporting financial results recently.              
• $META down 3%, snapping a strong run higher as momentum slowed.
• $SERV down 14% as continued pressure from $NVDA disclosing it cut its position in the company weighed on the stock.
• $MRNA up 8% after RBC Capital reiterated a “Sector Perform” rating and maintained a $40 price target. 
• $MDT down 7% after reporting financial results and disclosed below-estimate guidance. 
• $UNH down 4% on merger concerns, as its deal with $AMED will be reviewed with existing FTC guidelines. 
• $COIN down 3% as Bitcoin slumped on Tuesday. 
• $MU up 7% after recent news that the company is set to begin mass production of its newest HBM chips. 

Sector Performance

Market News 

• $BTC fell to $94K while gold rallied to $2,950 per ounce.
• The FTC is said to maintain Biden-era merger rules and confirmed Chairman Ferguson.

Upcoming Events 2/19/25 

• Housing Starts
• 20-Year Bond Auction
• Earnings: $ETSY, $CVNA, $SEDG, $TOST, $GRMN, $ENVX, $WIX, $CAKE, $VALE, $TECK, $FVRR