The Daily Breakdown: January 3, 2025

by | Jan 3, 2025

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Momentum Movers

  • $CRNC up 143% after the company announced an expanded collaboration with $NVDA to advance its CaLLM family of language models. 
  • $CVNA down 11% following the recent short report from Hindenburg Research.
  • $TSLA up 8% after multiple analysts raised their price targets on the stock.
  • $RIVN up 24% following the release of its Q4 delivery numbers.
  • $ACHR up 20% after several EVTOL-themed stocks saw increased volume and range.
  • $NVDA up 4% after $MSFT said it would invest $80B to build out AI-enabled data centers in FY25.
  • $MSTR up 13% as Bitcoin rose to $98K.
  • $SMCI up 10% as multiple AI-related stocks reacted positively to Microsoft’s large data center investment news. 
  • $VST up 8% as AI-power generation stocks surged following recent government contracts in the sector and analysts raised price targets on Vistra. 
  • $SERV up 28% as the robotics sector saw increased volume and price action.

Sector Performance


Market News 

  • Mike Johnson retains the US House Speaker role. 
  • The Biden administration reportedly seeks to ease hydrogen production rules.

Upcoming Events 1/6/25 

  • Fed Speaker
  • S&P Global Services PMI
  • Earnings: $CMC

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