• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

Nvidia, Unity Software and Tesla rise premarket; Sofi Technologies fall

by January 2, 2025
written by January 2, 2025

Investing.com — US stock futures rose Thursday, starting the new year on a positive note ahead of the release of unemployment and manufacturing activity data.

Here are some of the biggest premarket US stock movers today:

Apple (NASDAQ:AAPL) stock rose 0.1% after the tech giant offered rare discounts on its latest iPhone models in China, as the US tech giant moves to defend its market share against rising competition.

Nvidia (NASDAQ:NVDA) stock rose 1.7% after Bank of America reiterated the chipmaker as its top pick ahead of the Consumer Electronics Show next week, with CEO Jensen Huang set to deliver his keynote during the event.

Unity Software (ETR:SOWGn) stock jumped 9.2% following a block trade of 1.32 million shares valued at $29.7 million, helped by social media activity surrounding the video game software company surging.

Tesla (NASDAQ:TSLA) stock rose 1.5% ahead of the release of its quarterly deliveries numbers, and after the EV manufacturer’s Cybertruck exploded in flames at the entrance of Trump Hotel Las Vegas on Wednesday.

SoFi Technologies (NASDAQ:SOFI) stock dropped 1% after brokerage KBW downgraded the personal finance company to “underperform” from “market perform”, on doubts over its long-term outlook.

Palantir (NASDAQ:PLTR) stock rose 1.3% and MicroStrategy (NASDAQ:MSTR) gained 4% after the software platform developer and the business intelligence firm were both added to the Nasdaq 100 index.

Uber (NYSE:UBER) stock rose 1.4% despite JMP Securities downgraded the ride-hailing company to “market perform” from “market outperform“, citing the growing influence of autonomous vehicles in the rideshare market.

Cloudflare (NYSE:NET) stock rose 6% after Goldman Sachs upgraded its stance on the cloud cybersecurity company to “buy” from “sell”, citing improving sales and marketing productivity.

Check Point Software (NASDAQ:CHKP) stock fell 0.7% after Goldman downgraded the IT security company to “neutral” from “buy”, reflecting concerns over earnings growth for 2025, despite the company’s ongoing investments.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
The Child Millionaire plan for building generational wealth, financial literacy
next post
Raymond James shuffles US government services stock ratings amid DOGE initiative

You may also like

BASF results down on impairments, restructuring

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Ryanair cuts 2026 traffic forecast amid ongoing Boeing...

January 27, 2025
Fill Out & Get More Relevant News








    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Procter & Gamble to cut 7,000 jobs as part of broader restructuring

      June 6, 2025
    • Shein and Temu see U.S. demand plunge as loophole for cheap goods closes

      June 6, 2025
    • Shein and Temu see U.S. demand plunge as loophole for cheap goods closes

      June 5, 2025
    • This California startup is cleaning water and removing CO₂ from the atmosphere — all at a reduced cost

      June 5, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (504)
    • Stock (6,426)

    Latest News

    • Procter & Gamble to cut 7,000 jobs as part of broader restructuring
    • Shein and Temu see U.S. demand plunge as loophole for cheap goods closes

    Popular News

    • Nissan-Honda merger would not bring quick fixes, S&P says
    • Morgan Stanley’s bonus payouts for star Asia bankers to jump by up to 50%, sources say

    About The Significant deals

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy