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- Stock gainers & losers on January 8, 2025
Stock gainers & losers on January 8, 2025
Quantum computing stocks tumble & Roku dominates
Daily Stock Spotlight
Good evening. Nothing out of the ordinary happened today as the stock market struggles to recover from the previous session's steep losses.
⬆ 9.86% eBay (NASDAQ: EBAY)
Shares of the online marketplace jumped to three-year highs thanks to an unlikely collaboration. As Meta faces regulatory pressure in Europe regarding its marketplace monopoly, it's testing eBay ads directly on its marketplace to make life easier.
⬆ 6.42% Roku (NASDAQ: ROKU)
Doubling down on its mission to make streaming not just convenient for viewers but also indispensable for advertisers, Roku reached 90 million streaming households, a clear sign the platform is dominating the U.S. streaming market.
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⬇ 10.18% Edison International (NYSE: EIX)
Fear and uncertainty surrounding the wildfires in California appear to be weighing on shares of the utility company, whose Southern California Edison is the power utility for the areas directly surrounding the city of Los Angeles.
⬇ 36.13% D-Wave Quantum (NYSE: QBTS)
⬇ 39.00% IonQ (NYSE: IONQ)
⬇ 43.34% Quantum Computing (NASDAQ: QUBT)
⬇ 45.41% Rigetti Computing (NASDAQ: RGTI)
During a Q&A session at CES in Las Vegas Tuesday evening, Nvidia’s CEO Huang mentioned that he thinks it will be quite some time before quantum computers make a significant impact. This simple comment took the air out of the sector, and quantum computing stocks all tumbled sharply.
⬇⬆ 1-day change
Market data: today’s market close