As of January 8, 2025, several stocks are making notable movements:

Nvidia Corporation (NVDA): After reaching a record high, Nvidia’s stock experienced a significant decline, falling over 6% following a brief breakout above the 152.89 entry point. This volatility highlights the importance of monitoring key moving averages, such as the 21-day and 50-day lines, to assess technical strength. 

Advanced Micro Devices Inc. (AMD): AMD’s stock declined by 2.8% after HSBC downgraded it to “Reduce.” This downgrade reflects concerns about the company’s future performance. 

Tesla Inc. (TSLA): Tesla’s stock fell by 1.4% amid an analyst downgrade and an investigation into its new “Actually Smart Summon” feature. These developments have raised questions about the company’s recent innovations and their impact on stock performance. 

Moderna Inc. (MRNA): Moderna’s stock decreased by 2.2% in premarket trading after previous gains from its H5N1 bird flu vaccine development. This decline suggests market skepticism regarding the vaccine’s potential. 

SolarEdge Technologies Inc. (SEDG): SolarEdge’s stock dropped 6.5% following a downgrade by Citi analysts. This downgrade reflects concerns about the company’s future prospects in the solar energy sector. 

Cal-Maine Foods Inc. (CALM): Cal-Maine’s stock rose 5.4% after reporting strong earnings, indicating robust performance in the egg production industry. 

Maplebear Inc. (MAPS): Maplebear’s stock increased 4.6% due to its inclusion in the S&P MidCap 400 index, reflecting growing investor confidence in the company’s growth prospects. 

# 💰 Stocks to watch today?(24 Jan)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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