Shares of major technology companies saw significant gains on May 12 and May 13, 2025. Amazon.com Inc. led the surge with an increase of 8.1%, followed by Meta Platforms Inc. at 7.7%, Tesla Inc. at 7%, Apple Inc. at 6.2%, and Nvidia Corp. at 5.2%. Other notable performers included Microsoft Corp., which rose by 3%, and Broadcom Inc., which gained 4.7%. Palantir Technologies Inc. emerged as a standout, reaching a new all-time high and surpassing a $300 billion market capitalization. The stock closed the day up nearly 10%, marking a historic milestone for the company. This performance was driven by strong market sentiment and a significant price target increase from Bank of America, which raised its forecast from $125 to $150 per share. Supermicro Computer Inc. also experienced substantial growth, with its stock rising by 10% during the day and an additional 7% in after-hours trading, culminating in a total increase of 27% for the session. This surge reflects the ongoing momentum in the technology sector, particularly in AI and related fields.
What an amazing market this has been, & we are only ~ midpoint in May Mid Feb - Mid Apr --> Lower Volatility names + (Tobacco, Insurance, Exchange Stocks, Utes..) Mid Apr- present --> High Beta names + (Software, Cyber, Industrials, FinTech, Crytpo, Semis..) $SPHB vs $SPLV: https://t.co/wIGGsFKMez https://t.co/xUDKZjt9ly
positive catalyst higher or clearing event before stock goes lower? $smci https://t.co/kO6TrGgmht
Palantir $PLTR 😂😂 https://t.co/ngOnsR1Cfy