The Daily Breakdown: January 21, 2025

by | Jan 21, 2025

Momentum Movers

  • $ORCL up 7% after President Trump announced a joint venture called “Stargate” with OpenAI, Oracle, and Softbank to invest $500B in AI infrastructure in the US. 
  • $RGTI up 42% as strength in the quantum computing stocks returned following positive comments from several tech leaders. 
  • $AAPL down 3% after data showed slumping iPhone sales in China and the company received several downgrades. 
  • $SOUN up 21% after $REKR announced it would be working with SoundHound to transform emergency vehicle technology. 
  • $RKLB up 30% and other space-related stocks rallied following recent comments from President Trump about wanting to send spacecraft to Mars. 
  • $WBA down 9% after the Justice Department filed a nationwide suit against the company for improper issuance of prescription drugs, contributing to the opioid crisis. 
  • $VST up 8% after officials lifted evacuation orders after one of the company’s battery facilities recently caught fire. 
  • $TEM up 35% after launching an AI-enabled personal health concierge app for patients. 
  • $FTAI down 25% after the company said it couldn’t rule out the possibility of delayed filings following a recent short report. 
  • $NFLX up 14% in after-hours trading following a positive quarterly earnings report and announcing it will raise prices. 

Sector Performance


Market News 

  • Reports that the National Space Council will likely be discontinued under the Trump Administration circulated, potentially opening up innovation initiatives for space exploration. 
  • A multi-billion dollar AI infrastructure investment from private companies was announced Tuesday. 

Upcoming Events 1/22/25 

  • 20-Year Bond Auction
  • Earnings: $PG, $KMI, $ABT, $AA, $JNJ, $DFS, $HAL, $EQBK, $GEV, $RLI, $ALLY, $STLD, $APH, $SLG, $TRV

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