Momentum Movers
- $TSLA up 7% on news that its supercharger network will open up for Hyundai EV owners in Q1 2025.
- $MSTR up 7% as Bitcoin rallied back to $98K.
- $SMCI up 6% with other AI-related stocks after Musk’s xAI raised $6B from several companies including $NVDA and $AMD.
- $ACHR up 15% as drone / eVTOL (electric vehicle take-off and landing) stocks gained momentum.
- $LAES up 11% after recently announcing it is advancing the field of post-quantum cryptography.
- $NNE up 4% after announcing it agreed to acquire Ultra Safe Nuclear Corp.’s micro modular reactor for $8.5M.
- $QUBT down 6% on no specific news, although it is retracing its recent parabolic move.
- $IONQ up 7% as some quantum computing-related stocks held their momentum into the holiday week.
- $POET up 18% associated with high call option volume.
- $JOBY up 8% as momentum continued after recently announcing it conducted its first FAA testing under TIA.
Sector Performance
Market News
- The stock market will be closed tomorrow, 12/25/24, for the Christmas Holiday.
- The $VIX fell 15% as market tensions eased amid an equity rally.
- The Biden administration announced new probes on Chinese-made chips, resulting in non-Chinese semiconductor stocks rallying.
Upcoming Events 12/26/24
- Initial / Continuing Jobless Claims
- 7-Year Note Auction
- Earnings: N/A
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