Stock Market Movement: UnitedHealth, Nvidia, Tesla, First Solar, Coinbase, Palantir, Super Micro, Boeing, Rigetti, and More
Stocks traded mostly higher following the release of new data on U.S. inflation. UnitedHealth fell 16% as it named a new CEO and suspended its 2025 outlook. Nvidia's market cap rose to over $3 trillion, driven by optimism about sales in Saudi Arabia. Tesla rose 4.6% and surpassed a $1 trillion market cap. Palantir reached a record high market cap. Coinbase surged 22% after being added to the S&P 500. First Solar rallied 20% on positive analyst upgrades. Boeing rose 2.8% after China lifted a ban on its planes.