By Check out the companies making headlines in midday trading. Boeing — The aircraft stock shed 2% after South Korea ordered an inspection of all 737-800 planes operated by domestic carriers following the deadly Jeju Air crash over the weekend, which involved a plane of that model. All but two of the 181 people on board perished in the crash, which became the deadliest air accident in South Korea’s history. MicroStrategy — The crypto stock slid 8% after the company disclosed in a regulatory filing a sale of more than 592,000 shares that took place between Dec. 23 and Dec. 29. MicroStrategy said it raised around $209 million from the sale. During this period, the company also said it purchased more than 2,100 bitcoins. Technology stocks — Tech stocks struggled Monday, with the S & P 500 sector losing 1%. “Magnificent Seven” giants Tesla and Amazon fell 3% and 1%, respectively. Apple and Microsoft were also down more than 1%. EQT — The energy stock gained 5%, moving higher along with natural gas prices. Natural gas futures are headed for their best year since 2016, up more than 57%. Super Micro Computer — The technology stock shed 4% after Super Micro terminated its financing and securities agreement with the Taiwan affiliate of HSBC Bank. Shares have been under pressure over the past six months, losing more than 61% in that time. Crypto stocks — Stocks tied to bitcoin moved lower with the cryptocurrency Monday. Shares of Coinbase and Mara Holdings shed 4% and 6%, respectively, while Block slipped close to 2%. Bitcoin shed more than 1%. Earlier this month, however, the digital currency topped $100,000 for the first time. Nvidia — The leading AI chipmaking stock added less than 1%, bucking the broader market downtrend and tech sell-off. Shares have surged 178% since the start of 2024. — CNBC’s Sean Conlon, Alex Harring and Samantha Subin contributed reporting.
- Trump could declare national economic emergency to justify universal tariffs, CNN reports
- Private sector companies added 122,000 jobs in December, less than expected, ADP says
- Services index shows big jump in prices for December as companies fear tariffs
- Euro zone inflation, December 2024
- UK business confidence at lowest level since ‘mini-budget’: BCC
- Biden to deliver eulogy at Jimmy Carter’s state funeral
- Lebanon’s army chief elected president, showing regional shifts
- Musk is courting Germany’s far right. European leaders can’t do much about it
- Biden cancels Italy trip due to California wildfires
- Man arrested trying to enter U.S. Capitol with machete as Carter lies in state
