Tesla Stock Leads Magnificent Seven Shares Higher

Investopedia
24 Dec 2024

Tesla's (TSLA) shares were among the S&P 500's top gainers Tuesday morning as the Magnificent Seven big tech stocks rose on Christmas Eve. 

Shares of the EV maker were recently up more than 4%, making them the second-best performer in the benchmark index—second only to Super Micro Computer (SMCI).

Other "Mag 7" stocks also rose this morning, a holiday-shortened session that comes ahead of a day off tomorrow and kicks off the Santa Claus Rally period. The major indexes were rising this morning, led by the Nasdaq Composite. 

Amazon.com (AMZN) added 1.3%, the largest gain of the rest of the Magnificent Seven. Nvidia (NVDA) and Meta Platforms (META) were recently up 0.9%. Apple (AAPL), Microsoft (MSFT) and Alphabet (GOOGL) were also in the green. 

Most of the S&P 500's 11 sectors were in the green this morning, though a few were closer to flat.

Do you have a news tip for Investopedia reporters? Please email us at
tips@investopedia.com

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.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10