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Tesla, Snowflake among market cap stock movers on Thursday

Major Wall Street equities demonstrated notable volatility on Thursday, driven by corporate news flow and broader market sentiment. Among mega-cap technology and growth companies, Tesla recorded strong gains, advancing over 7% during the session to trade near $382.23 per share with significant trading volume exceeding 47 million shares. Snowflake emerged as one of the session's top percentage gainers, surging over 20% to reach approximately $367.74. Other notable mega-cap and large-cap advancers included SpaceX, Oracle, Dell Technologies, and CrowdStrike, each posting gains between 4% and 8%, while Coinbase Global climbed more than 10%. Conversely, select technology and consumer names encountered selling pressure; Broadcom retreated nearly 4% despite initiating buy ratings, and packaged food names such as Campbell Soup experienced declines. The widespread rally across high-beta technology and growth equities coincided with gains across the broader indices, as major benchmarks like the S&P 500 and Nasdaq advanced over 1% amid a moderate pullback in U.S. Treasury yields.

Category

Tesla

Sentiment

Bullish

Event

Price movement

Reading time

1 min