Momentum Movers
- $TSLA down 6% after competitor BYD reportedly announced plans to include self-driving technology in its cars.
- $FLNC down 46% after the company reported worse-than-expected financial results and issued guidance below estimates.
- $RGTI down 10% despite the company publishing joint research demonstrating the ability to readout superconducting qubits with optical transducers in natural physics.
- $BBAI down 8% on no specific news.
- $AAPL up 2% following a report that the company partnered with $BABA to develop AI features for iPhone users in China.
- $INTC up 6% after JD Vance said the US would safeguard American AI and chip technologies.
- $SMCI was mixed in after hours trading after reporting financial results for the quarter and lowering guidance.
- $FIS down 11% after the company reported financial results and lowered forward guidance.
- $SHOP was mixed after recently reporting financial results.
- $ALAB down 10% after reporting financial results for the quarter.
Sector Performance
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Market News
- Fed Chair Powell stressed the need for patience in policy amid trade uncertainties.
- Gold ended the day near $2,925 per ounce.
Upcoming Events 2/12/25
- CPI / Core CPI
- Fed Chair Powell Testifies
- 10-Year Note Auction
- Earnings: $VRT, $CVS, $RDDT, $APP, $GOLD, $BROS, $GNRC, $BIIB, $ALB, $TDD, $CSCO, $HOOD
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