8/8/2025, 2:31:46 PM | Investing.com | news
Tesla and Palantir Lead Mega-Cap Stock Movers on Friday
On Friday, Tesla Motors and Palantir Technologies Inc experienced significant upward momentum in the stock market, with Tesla rising 2.96% and Palantir increasing by 2.77% due to its participation in the FedStart program for federal compliance. Google Inc also gained 2.34%. Other large-cap stocks saw notable movements, including Gilead Sciences rising 8.47% following a buy rating upgrade, Natera gaining 14.31% on revenue exceeding expectations, and Doximity rising 12.45%. Trade Desk and Twilio faced sharp declines due to downgrades and earnings misses. Mid-cap stocks showed mixed results, with SoundHound AI and Sotera Health rising on strong revenue performance, while several others, including Sezzle, Grindr, and Goodyear, declined due to earnings shortfalls. Small-cap stocks exhibited volatility, with LegalZoom, Dehaier Medical, and Apollo Medical posting strong gains, while Sweetgreen and VTEX saw significant drops due to weak sales and growth outlooks.