During the recent trading session, the American stock market witnessed a remarkable variation in the performance of the most prominent companies, between technological shares witnessing a bullish impulse, and others witnessing slight declines that reflect divords or temporary profits in the investment mood.
Remarkable acceleration of the shares of major technology
The shares of the technology sector topped the trading scene, most of which witnessed strong heights led by Palantir Technologies (PLTR), whose shares jumped by +6.95% to $ 124.28, supported by increasing demand for artificial intelligence solutions and data analyzes.
Meta Platforms (Meta) increased by +4.34% to $ 597.02, in light of investors optimistic about the growth of virtual reality.
On the other hand, NVIDIA (NVDA) continued its positive performance, as its share rose by +2.59% to 114.50 dollars, taking advantage of the strong demand for artificial intelligence chips and data centers, followed by Microsoft (MSFT) that increased by +2.32% to $ 435.28, thanks to strong financial results and its continuous expansion in cloud services.
Tesla (TSLA) also regained some momentum, as its share increased by +2.38% to 287.21 dollars after positive statements about production and innovation plans in the field of electric vehicles and robots.
Pharmaceutical sector gains and digital transformation
ELI Lilly (LLY) has witnessed a strong increase of +3.72% to $ 823.62, supported by encouraging results for its new drug treatment, which enhances the company’s position as a pioneer in the biological pharmaceutical market.
Microstrategy (MSTR) jumped by +3.35% to 394.37 dollars, supported by the company towards expanding its investments in Bitcoin, which brought the momentum to its share as an indirect representative of the digital currency market.
Selective in the market and losing stocks
On the other hand, the Appl (AAPL) arrow witnessed a remarkable decline of -3.74% to close at $ 205.35, amid reports of iPhone sales declining in some major markets, as well as profit reaping after a long wave of rise.
Amazon (AMZN) also recorded a slight decrease of -0.12% to $ 189.98, despite a relatively good financial performance, which may reflect short -term speculative moves.
As for UNITEDHELTH GROUP (UNH), it decreased by -0.19% to $ 399.92, affected by some concerns about the reforms of the health insurance sector.
Performance analysis
It appears from the movement of the market that investors are heading to a selective purchase of growth shares related to technology and innovation, while the consumer and health care sector is witnessing a state of anticipation and waiting, and it is noteworthy that the largest momentum is concentrated in artificial intelligence companies and digital infrastructure, which reflects a gradual shift in the investment portfolio composition towards the future of the digital economy.
Despite some slight declines, the general indicators suggest that confidence is still present in the market, especially in light of the issuance of strong financial statements from the technology giants, and a relative improvement in American inflation indicators, which may enhance expectations to install interest rates.
