Biggest S&P 500 Movers on Thursday

Decliners

• Tesla (TSLA) shares tumbled 6.1%, after the carmaker reported 澳洲幸运5官方开奖📖结果体彩网:lower-than-expected vehicle🐟 deliveries for the fourth quarter, logging a year-over-year drop in delivery figures. The annual slump suggests that demand and the economic environment could be weighing on the company. At the same time, Tesla also faces stiff competition in the electric vehicle (EV) market from China's BYD (BYDDY) and a number of other players.
• Boeing (BA) stock sank 2.9% on Thursday. The tragic crash in South Korea last weekend involving one of a 737-800 aircraft was the latest in a string of safety incidents involving Boeing planes. However, analysts at Deutsche Bank noted the outlook could brighten for Boeing stock in 2025, pointing to expected production improvements and robust demand trends in the aerospace and defense sector.
  
• Apple (AAPL) announced discounts on its current iPhone models in China as it aims to keep pace with domestic rivals in the key smartphone market. Apple shares dropped 2.6%.

Advancers

• Nuclear energy stocks powered higher to start the new year after Maryland-based utility Constellation Energy (CEG) announced that it 澳洲幸运5官方开奖结果体彩网:secured a 10-year contract worth $840 million with the U.S. General Services Administration. Under the deal, Constellation will provide electricity to power a wide range of government agencies. CEG shares jumped 8.4%, while shares of fellow nuclear-focused power generator Vistra Corp. (VST) surged 8.6% to notch Thursday's top performance in the S&P 500.
• Shares of Texas Pacific Land Corp. (TPL), an owner of significant acreage in the oil-rich Permian Basin, gained 6.7%. The stock saw significant volatility in the final months of 2024 surrounding its late-November addition to the S&P 500 and as the century-old land trust explores alternative revenue sources, including bitcoin mining, data centers, and alternative energy.
  
• Following a difficult year in 2024, solar power stocks were another bright spot in the markets as 2025 trading began. The strong day for the solar industry followed a report from Tesla showing a record high in energy storage deployments. Shares of solar equipment providers First Solar (FSLR) and Enphase Energy (ENPH) surged 5.8% and 3.9%, respectively.

-澳洲幸运5官方开奖结果体彩网:Michael Bromberg

Hopes for Santa Clause Rally Fade

Santa may not be visiting Wall Street this year after all. 

The S&P 500 fell 0.2% on Thursday and has lost ground in 澳洲幸运5官方开奖结果体彩网:five straight sessions, giving investors little hope of getting a 澳洲幸运5官方开奖结果体彩网:Santa Claus rally, which is the tendency for stocks to rise during the last five sessions of a year and the first two o🀅f the new year. The index would have 🍨to rise 1.8% on Friday to get back into positive territory for the seven-day period this year.

Granted, 2024 was 澳洲幸运5官方开奖结果体彩网:an exceptional year for stocks, even without an end-of-year boost. The 澳洲幸运5官方开奖结果体彩网:S&P 500 rose more than 20% for a second straight year, its firsꦫt such stretch this millennium. 💫;

But a Santa Claus rally is more than just a cherry on top of a year; it’s sometimes also seen as an omen. The 澳洲幸运5官方开奖结果体彩网:Santa Claus rally is historically c♈orrelated with stocks’𝐆 January and full-year performance.

Since 1950, the S&P 500 has, on a🌞verage, returned 1.4% in January and 10.4% in the calendar year after a Santa Claus rally, according to a recent analysis by LPL Financial.

 (The 澳洲幸运5官方开奖结果体彩网:S&P 500 was l🌳aunched in 1957; stock performance before this year is based on its predecessor index, the S&P 90.) In years without a Santa Claus rally, the index’s average January return has been slightly negative and its full-year return has averaged just 5%.

Read the 澳洲幸运5官方开奖结果体彩网:full article here.

-澳洲幸运5官方开奖结果体彩网:Colin Laidley

Constellation Energy Surges on Government Contracts

Shares of Constellation Energy (CEG) surged Thursday after tဣhe comp💖any announced a pair of contracts with the federal government worth over $1 billion.

One of the contracts between Constellation and the General Services Administration (GSA) is a 10-year, $840 million deal for Constellation to supply over a dozen government departments across five states with nuclear power. The power will come from Constellation's existing facilities, along with investments the company plans to make to increase its production capacity.

Additionally, Constellation was has been awarded a $172 million deal to perform "energy savings and conservation measures" at five buildings in Washington, D.C. and Maryland. The measures will include energy conservation projects like new lighting, HVAC systems, and more.

The deals mean the federal government is joining the push into investing in nuclear energy that has also reached the tech industry in recent months. Constellation has 澳洲幸运5官方开奖结果体彩网:agreed to restart one of the Three Mile Island reactors in Pennsylvania to 澳洲幸运5官方开奖结果体彩网:provide power to Microsoft (MSFT), 澳洲幸运5官方开奖结果体彩网:while Amazon (AMZN) and Google parent Alphabet (GOOGL) have 澳洲幸运5官方开奖结果体彩网:also recently reached deals to buy nuclear energy.

"This agreement is another powerful example of how things have changed," Constellation CEO Joe Dominguez said. "Under this agreement, the United States government joins Microsoft and other entities to support continued investment in reliable nuclear energy that will allow Constellation to relicense and extend the lives of these critical assets."

Constellation shares were up more than 6% in late trading Thursday, 澳洲幸运5官方开奖结果体彩网:just over double where they were a year ago.

-澳洲幸运5官方开奖结果体彩网:Aaron McDade

Synaptics Stock Surges on Google AI Tech Partnership

Shares of Synaptics (SYNA) jumped Thursday after the developer of technology for the 澳洲幸运5官方开奖结果体彩网:Internet of Things (IoT) announced an 澳洲幸运5官方开奖结果体彩网:artificial intelligence (AI) collaboration with Alphabet's (GOOGL) Google.

The company said that it would be teaming with Google on Edge AI "for the IoT to define the optimal implementation of multimodal processing for context-aware computing."

Synaptics explained that the agreement will integrate Google's 澳洲幸运5官方开奖结果体彩网:machine learning core with its Synaptics Astra hardware. It noted that the combination wi🧸ll speed up de🃏velopment of AI devices for the IoT "that support the processing of vision, image, voice, sound, and other modalities" used in a range of applications.

Chief Product Officer Vikram Gupta said the world is "on the brink of a transformative era in Edge AI devices," and that working with Google "reflects a shared vision to leverage open frameworks as a catalyst for disruption in the Edge IoT space."

Synaptics shares were up nearly 7% in mid-afternoon trading Thursday. Even with today's advance, Synaptics shares have lost about a third of their value in the past year.

﷽Shares of Alphabet, were down about 0.5% today after rising 34% last year.

-澳洲幸运5官方开奖结果体彩网:Bill McColl

S&P 500 Levels to Watch as Investors Assess Outlook for 2025

The S&P 500 (SPX) entered 2025🌠 on its best two-year 𒈔run since the late 1990s.

The 澳洲幸运5官方开奖结果体彩网:large-cap index rose 23% gain last year after surging 24% in 2023, as the 澳洲幸运5官方开奖结果体彩网:artificial intelligence (AI) boom and first interest rate cuts since 2020 helped drive stocks higher. While the AI narrative and 澳洲幸运5官方开奖结果体彩网:expected rate cuts will likely continue to support large-cap stocks over the next 12 months, 澳洲幸运5官方开🅰奖结果体彩网:inve🃏stors will also be closely watching the impact of the incoming Trump administration’s policies.

The index has carved out a head and shoulders pattern, a classic chart formati🎀on t💖hat indicates a potential market top.

Investors should watch major support levels on the S&P 500's chart around 5,875, 5,670, and 5,445 while also monitoring key overhead areas near 6,090 and 6,290.

The S&P 500, which is riding a four-🅺session losing streak,🧔 was down 0.7% at around 5,840 in mid-afternoon trading Thursday.

Read the full 澳洲幸运5官方开奖结果体彩网:technical analysis piece here.

-澳洲幸运5官方开奖结果体彩网:Timothy Smith

Unity Software Jumps Following 'Roaring Kitty' Post

Unity Software (U) shares jumped 8% Thursday, a day after a social media post by the 澳洲幸运5官方开奖结果体彩网:meme stock hero known as "澳洲幸运5官方开奖结果体彩网:Roaring Kitty" referencing a clip of th𒁏e late musician Rick James, who had a song called🌟 "Unity."

After makinꦍg his mark during the meme stock craze of late 2020 and early 2021, Gill resurfaced last year, sending shares of several stocks jumping w🅠ith his posts.

Gill's foray back into the limelight began in June, when he 澳洲幸运5官方开奖结果体彩网:indicated a large position in video game retailer GameStop (GME) in a post on Reddit (RDDT), where he goes by the username "DeepF---ingValue." That was followed with a cryptic photo of a cartoon dog on X that drove up shares of Chewy (CHWY) and Petco Health + Wellness (WOOF).

Later, a 澳洲幸运5官方开奖结果体彩🔜网:Sec🥀urities and Exchange Commission (SEC) filing revealed Gill had taken a position in Chewy. Gill later posted another cryptic photo from the movie "Toy Story 2," 澳洲幸运5官方开奖结果体彩网:suggesting that he had dropped the stock. He did sell it later in the year.

Despite Thursday's rise, Unity Software's stock has lost more than a third of its value over the past 12 months.

-澳洲幸运5官方开奖结果体彩网:Bill McColl

What's in Store for the Magnificent Seven in 2025?

The S&P 500 had another banner year in 2024, rising more than 20% for the second straight year, a feat last accomplished in the 1990s⛦. And just like the year before, a small group of stocks accounted for an outsized share of that gain.

The Magnificent Seven group of large-cap technology companies—Apple (AAPL), Nvidia (NVDA), Microsoft (MSFT), Amazon (AMZN), Alphabet (GOOG)(GOOGL), Meta (META), and Tesla (TSLA)— gained 63% ꧅in 2024, after rising more than 75% the year before.ܫ

There were bumps in the road—the group had its 澳洲幸运5官方开奖结果体彩网:worst day on record in July—but, for the most part, the artificial intelligence (AI) ཧboom continued to boost the stocks of these tech giants. 

Without the Mag Seven, aggregate S&P 500 earnings per shaꦆre would have contracted in 2023 rather than grown. The group’s profits continued to lead the index in 2024, accounting for about 75% of S&P 500 earnings growth. In 2🔴025, however, growth is expected to broaden out as the Magnificent Seven slows and the rest of the index picks up the pace. 

As for their stocks,🦂 the Mag Seven is e💟xpected to continue to outperform in 2025, though by less than they have over the last two years.

澳洲幸运5官方开奖结果体彩网:Read more here about the outlook for the Mag 7 this year.

-澳洲幸运5官方开奖结果体彩网:Colin Laidley

Tesla Shares Tumble as Vehicle Delivery Numbers Disappoint

Tesla (TSLA) shares sank Thursday morning after the electric vehicle maker reported fewer deliveries than analysts had expected for the fo🦹urth quarter.

The EV giant delivered 495,570 vehicles in the quarter, up from 484,507 in the same period last year, but below the 512,250 consensus estimate compiled by Visible Alpha. Tesla produc༒ed 459,445 vehicles in the quarter, well below the 503,500 analysts had expected, and the nearly 500,000 the company produced last year.

Tesla also fell short of delivery and production estimates for the full fiscal year, with deliveries de♛clinin💧g year-over-year to roughly 1.79 million vehicles—just below the 1.8 million analysts had expected. The company produced 1.77 million vehicles, below the 1.82 million that analysts projected.

Shares of the EV maker rallied after Donald Trump's election win in November because of 澳洲幸运5官方开奖结果体彩网:CEO Elon Musk's proximity to the president-elect and the belief that a second Trump administration will benefit Tesla. However, the 澳洲幸运5官方开奖结果体彩网:stock has retreated in recent weeks from the 澳洲幸运5官方开奖结果体彩网:record levels it reached last month.

Tesla shares were down 6% Thursday morning, losing ground for the fi🗹fth straight session.

Tesla also said Thursday it will report its full financial results for the quarter and fiscal 2024 after the bell 🌜January 29.

-澳洲幸运5官方开奖结果体彩网:Aaron McDade

S&P 500 Starts 2025 on Best Two-Year Run Since Late '90s

Despite a sluggish perform🐲ance iᩚᩚᩚᩚᩚᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ𒀱ᩚᩚᩚn the final trading sessions of the year, the S&P 500 finished 2024 with a 23% gain. That came on the heals of a 24% rise in 2023 and marked the first time since the late-1990s that the benchmark stock index registered two consecutive years with gains of more than 20%.

The tech-heavy Nasdaq Composite closed the🐲 year up 29%, whilꩵe the Dow Jones Industrial Average added 13%.

Nvidia Levels to Watch After Two Years of Massive Gains

Shares in AI chipmaker Nvidia (NVDA) will be in the spotlight ahead of a 澳洲幸运5官方开奖结果体彩网:presentation by CEO Jensen Huang scheduled for 🎃next Monday at the Consumer Electronics Show in Las Vegas.

Investors will be watching for updates from Huang on sales projections for the company’s Blackwell chips and details about Rubin, Blackwell's successor, which Nvidia plans to release in 2026. Several leading Wall Street firms have named Nvidia as their 2025 “top pick,” pointing out that strong demand for its Blackwell platform positions the company for another year of explosive growt🎃h.

Nvidia shares closed out 2024 with a gain of 170% amid surging demand for its silicon as big tech customers—including Microsoft (MSFT), Meta (META) and Alphabet’s (GOOGL) Google—beefed up their AI datacenter and 澳洲幸运5官方开奖结果体彩网:cloud computing infrastructure. Last year💃's big gain came on the heels of a 240% increase in 2023.

Since hitting a record h🌃igh in late November, Nvidia shares have traded within a descending channel, with the price tagging the pattern’s upper and lower trendlines on several occasionsℱ since that time.

Investors should watch key support levels on Nvidia's chart around $130 and $115, while also monitoring important resistance levels near $140 and $150.

🔯Nvidia shares were up 1.6% at $136.50 in recent premarket tꦍrading.

Read the full 澳洲幸运5官方开奖结果体彩网:technical analysis piece here.

-澳洲幸运5官方开奖结果体彩网:Timothy Smith

Major Indexes Poised to Start New Year in Positive Territory

Futuresꦇ tied to the Dowౠ Jones Industrial Average were up 0.7%.

S&P 500 futures were up 0.8%.

Nasdaq 100 futures rose 1%.