Momentum Movers

• $OKLO $SMR $NNE up nearly 15% as the new AI infrastructure investment announced in the US brought attention to potential data center power providers. 
• $EA down 16% after reporting preliminary financial results that showed a slowdown in its Global Football franchise. The stock also received multiple price target cuts. 
• $MRNA up 10% after Larry Ellison recently discussed AI’s potential in cancer vaccines.
• $UAL down 4% after the company released weak forward guidance. 
• $ARM down 7%, retracing part of its recent surge higher on Softbank’s announcement of a major AI investment in the US. 
• $GE up 6% after the company reported better-than-expected Q4 adjusted EPS and revenue.
• $ENPH up 5% after announcing its US-produced IQ8 Microinverter complies with the “Build America, Buy America” act. 
• $KMX up 4% on no specific news catalyst. 
• $TXN down 4% in after-hours trading following its Q4 financial report and lackluster guidance. 
• $BA down 2% in after-hours trading following a larger-than-expected loss on its preliminary financial results. 

Sector Performance

Market News 

• Oil dropped on Trump’s comments during a Davos speech today while highlighting the US wants to lower the price of oil by increasing production.
• Initial jobless claims data rose slightly Thursday. 

Upcoming Events 1/24/25 

• S&P Global PMI
• Michigan Inflation Expectations
• Earnings: $VZ, $AXP, $NEE, $ERIC, $HCA, $FCNCA, $LKFN, $SPFI, $NWBI