MARKET RECAP

Yesterday: Stocks closed higher on Wednesday as inflation data came in line with expectations. Tech, consumer discretionary, and communication services led the market gains. Bond yields rose slightly as investors began digesting further potential Fed rate cuts.

On Our Radar: After digesting the producer price index report, analysts will look to Friday’s import price index to further gauge economic health. On the earnings front, investors will zero in on chipmaker Broadcom, which is expected to post EPS of $1.39 (up 25.2% YOY).

TOP STORY

Magnificent Seven Tech Titans Hit $18.2 Trillion Market Cap: Alphabet, Amazon, Apple, Meta, Tesla Jointly Notch All-Time Highs

The tech titans are on a roll, with five of the Magnificent Seven hitting all-time highs. Tesla's recent surge, fueled by its software-driven growth, has been particularly impressive. As these tech giants continue to dominate the market, investors are closely watching their every move.

But Tesla isn’t even the biggest winner of the group this year. Here's what this means for your portfolio — and how to capitalize on the tech boom.

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FIVE ZINGERS

Quantum Leap: Alphabet wowed Bank of America analyst Justin Post with the unveiling of its Google unit’s Willow quantum computing technology. Read why the market expert is so captivated by the innovation.

Friendly Skies: According to Morgan Stanley, the U.S. airline industry may be gearing up for a blockbuster year in 2025. Learn all about the “premiumization” concept that has experts raving over legacy carriers.

Unusual Activity: An outspoken critic of President-elect Donald Trump, U.S. Rep. Morgan McGarvey recently reported an acquisition and subsequent sale of Trump Media & Technology Group. The representative claims to have been unaware of the odd transaction.

Crash Course: Ride-sharing giants Uber and Lyft saw their shares drop following General Motors’ announcement that it is winding down its Cruise Robotaxi division. See what has investors so concerned about the future of mobility.

Swept Under: Department store Macy’s recently uncovered a $151 million accounting error caused by a single employee. Here’s why the timing of the fallout couldn’t be more critical — and how management is planning to restore trust.

ONE FOR THE ROAD

Super Micro Computer Teeters On Edge Of Nasdaq 100: Can xAI, Nvidia Help Stabilize Trajectory?

The Nasdaq 100 index reshuffles its lineup every December, and this year, underperformers like Moderna, Biogen, and Super Micro Computer are potentially on the chopping block.

Once boasting a market cap of $67 billion, Super Micro’s value has plummeted to less than $20.4 billion after an auditing scandal and more.

Now, new connections with Elon Musk’s latest venture and with tech darling Nvidia may be the beginning of a turnaround for this stock.

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