Daily Stock Spotlight

Good evening. US stocks surged today as high optimism from big banks profit reports & a crucial consumer inflation update showed key prices increased less than expected in December.

⬆ 8.04% Tesla (NASDAQ: TSLA)

Tesla’s updated Model Y received 50,000 orders in China within 24 hours, according to reports from local salespeople, highlighting strong demand for the redesigned EV.

⬆ 6.69% Wells Fargo (NYSE: WFC)
⬆ 6.49% Citigroup (NYSE: C)
⬆ 6.02% Goldman Sachs (NYSE: GS)
⬆ 2.00% JP Morgan Chase (NYSE: JPM)

Big banks are among the first big U.S. companies to report their results for the end of 2024 with strong earnings. The combination of falling rates & a loosening regulatory outlook with the Trump administration shows positive signs ahead.

⬆ 3.10% Alphabet (NASDAQ: GOOG)

Google introduced new reporting tools for Chrome in Workspace, allowing IT managers to monitor browser profiles, versions, and extensions with the aim of improving data security.

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⬇ 24.27% FTAI Aviation (NASDAQ: FTAI)

A short seller accused the aerospace company of inflating revenue by misclassifying engine sales as maintenance revenue. FTAI Aviation said that it will be responding shortly to the allegations. To be continued.

⬇⬆ 1-day change
Market data: today’s market close