Momentum Movers
- $QUBT up 55% after the company announced it is collaborating with Sanders Tri-Institutional Therapeutics discovery institute to support research using Dirac-3 systems.
- $FTAI down 24% after Muddy Waters Research issued a short report on the company.
- $TSLA up 8% after Kelly Blue Book stated the company was ranked first in the US as the most sold EV brand in 2024.
- $ISRG up 7% after the company reported strong preliminary Q4 results.
- $C up 6% after the company reported better-than-expected financial results and announced a $20B buyback.
- $COIN up 7% after $BTC crossed back over $100K following CPI data.
- $WOLF up 38% after the company announced it completed a $200M ATM equity offering.
- $LAZR up 25% on no specific news, although short-covering may have been a driver of the move.
- $LULU down 3% despite receiving several price target increases.
- $NVDA up 3% as tech stocks were generally strong after an in-line CPI print.
Sector Performance
Market News
- US consumer prices rose by 2.9% year-on-year in December, which was in-line with estimates. The 10-year treasury yields fell to 4.65% on the news.
- Trump is considering putting a stop to the TikTok ban.
Upcoming Events 1/16/25
- Initial / Continuing Jobless Claims
- Retail Sales
- Earnings: $TSM, $UNH, $BAC, $MS, $USB, $INFY, $JBHT, $OZK, $RFIL, $PNC
Thanks, Chris for each day adding “Daily Breakdown”. It is so helpful for part-time traders like me to review trades/charts/sector moves.