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Momentum Movers

• $PDYN up 61% on an apparent short squeeze after recently announcing its AI technology achieved a milestone by completing a small drone autonomous tracking flight. 
• $RGTI up 10% on high volume as momentum in most quantum computing-related equities persisted.
• $LAES up 3% after the company received formal confirmation from Nasdaq that it has regained compliance with the minimum bid price requirement. 
• $TSLA down 5% amid broad tech-stock weakness, and a GLJ Research report suggested that Tesla’s Q4 deliveries may be lower than other estimates. 
• $SMCI down 5% on no particular news, however, several AI-related stocks were trading lower Friday amid market weakness. 
• $MSTR down 3% as Bitcoin settled at $94K to end the week.
• $QUBT down 4% as the stock disconnected from the momentum of quantum computing stocks.
• $PLTR down 3% as end-of-the-year selling pressure mounted on one of the best-performing stocks of 2024. 
• $AAPL down 1% despite teasing its streaming event called “See For Yourself”.
• $NVDA down 2% amid weakness in technology-related stocks as market volatility accelerated Friday. 

Sector Performance

Market News 

• The $VIX spiked 8% as end-of-year selling and rising bond yields contributed to volatility in the equities market. 
• The 10-year treasury note yield touched 4.63% Friday. 

Upcoming Events 12/30/24 

• Chicago PMI
• Dallas Fed Manufacturing Index
• Pending Home Sales
• Earnings: N/A