The Daily Breakdown: January 14, 2024

by | Jan 14, 2025

Momentum Movers

  • $RGTI up 47% after a Microsoft Azure blog post stated that 2025 is the year to become quantum-ready. 
  • $LLY down 6% after the company issued revenue guidance below previous estimates. 
  • $APLD up 9% after the company announced financial results and disclosed it secured a $5B financing facility from Macquarie Asset Management. 
  • $MSTR up 4% after Benchmark reiterated a “Buy” rating on the company and maintained its $650 price target. 
  • $BA down 2% following Q4 delivery results. 
  • $HOOD up 5% after the company announced a $45M settlement with the SEC. 
  • $CRL down 6% after the company announced a year-over-year decrease in preliminary FY25 revenue. 
  • $PDYN up 24% after the company announced it secured a new contract from the Air Force Research Laboratory to migrate the Palladyne Pilot AI software platform to the next-generation AI computing chipsets. 
  • $AEHR down 27% after reporting disappointing financial results. 
  • $SIG down 21% after the company reported a drop in total same-store sales for the holiday season and lowered its Q4 guidance. 

Sector Performance 


Market News 

  • PPI data came in below expectations but remained at elevated levels. 
  • China is said to be mulling the sale of TikTok to Elon Musk. 

Upcoming Events 1/15/25 

  • CPI / Core CPI
  • Fed Speakers
  • Earnings: $JPM, $CNXC, $C, $SNV, $BLK, $FUL, $WFC, $GS, $HOMB, $BK

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *