On May 29, 2025, the US stock market opened with mixed gains. The NASDAQ 100 index rose by 1.30%.
In the sector performance, the electric vehicle sector showed significant gains. Tesla Motors increased by 2.17%, XPeng Inc. rose by 5.02%, and NIO Inc. was up by 2.45%. The semiconductor sector also performed well, with NVIDIA rising by 5.39%, Advanced Micro Devices up by 2.01%, and Micron Technology increasing by 3.23%.
NVIDIA saw a significant rise of 5.39%. The company's strong performance is attributed to its recent advancements in AI technology, which have garnered positive market sentiment.
CoreWeave, Inc. experienced a notable increase of 5.81%. The company's recent announcement of a major partnership with a leading cloud service provider has boosted investor confidence.
JD.com rose by 4.28%. The company's latest quarterly earnings report exceeded market expectations, leading to a positive reaction from investors.
XPeng Inc. saw a rise of 5.02%. The company's recent unveiling of a new electric vehicle model has generated significant market interest.
Quantum Computing Inc. experienced a substantial increase of 10.01%. The company's breakthrough in quantum computing technology has attracted significant investor attention.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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