Toyota shares gain for second day after report on ROE target

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Toyota shares gain for second day after report on ROE target. 🚗 The company's shares climbed for their biggest two-day advance since August on expectations of a higher return-on-equity following a report the Japanese automaker is planning to double its target. Yahoo Finance reports.

📉 PostCovidCare: Digital health companies got pummeled by Wall Street in 2024 as industry adapts to post-Covid slowdown. CNBC reports.

🚀 ChipHigh: Taiwan Semiconductor Manufacturing shares touched a record high, as the world’s largest contract chipmaker is poised to cap its best annual stock performance in 25 years. Yahoo Finance reports.

🔗 SteelStandoff: Nippon Steel's $15 billion bid for U.S. Steel has been referred to U.S. President Joe Biden, a White House spokesman said, giving the president 15 days to decide on a tie up he has previously said he opposes. Reuters reports.

🛫 AirGlitch: American Airlines said on Tuesday its flights had resumed after a technical glitch forced the carrier to issue an hour-long ground stop, disrupting travel for thousands on Christmas Eve, one of the busiest periods of the year. Reuters reports.

✅ ZepClear: The Food and Drug Administration announced that branded tirzepatide, the active ingredient in Eli Lilly's weight loss drug Zepbound, is no longer in short supply. CNBC reports.

💊 PharmaSwitch: Salesforce says it’s taking multiple large customers from former partner Veeva Systems in a mounting rivalry to sell software to the pharmaceutical industry. Yahoo Finance reports.

(All pricing and percent gains are based on Early Pre-Market from 4:00 AM to 7:00 AM Eastern Time)
Benzinga reports.

1. $CRVL: CorVel
Total gain: +199.99%

2. $SPRC: SciSparc
Total gain: +153.57%

3. $MGIH: Millennium Group
Total gain: +146.4%

4. $ADD: Color Star Tech
Total gain: +135.64%

5. $ZCAR: Zoomcar Holdings
Total gain: +95.8%

Nvidia dominated 2024 big-time. Next year? Plenty of challenges.

Nvidia has had the kind of year most companies can only dream of. Its revenue and stock price soared thanks to prescient investments in artificial intelligence technologies that are paying off handsomely on the back of the generative AI wave.

That’s not all. It’s repeatedly swapped places with Apple as the largest publicly traded company in the world by market cap, topping the $3 trillion mark. CEO Jensen Huang has become one of the most in-demand executives in Silicon Valley, meeting with everyone from fellow tech luminaries to world leaders and then some.

📰 Read more

The closing price of the top three market percent gainers trading near or above $3 on December 24.

*All pricing and percent gains are based on regular market trading hours from 9:30am to 4:00pm Eastern Time

1. $BAOS: Baosheng Media Group Holdings
Total gain: +310.40%
The stock appeared to be moving on no notable news.

2. $HOUR: Hour Loop
Total gain: +208.39%
The stock appeared to be moving on no notable news.

3. $CREV: Carbon Revolution
Total gain: +124.94%
The company has announced an agreement with Orion Infrastructure Capital for an additional US$25 million in financing. The funds will be disbursed in five equal tranches of US$5 million each, contingent upon meeting specified release conditions. Benzinga reports.

*Estimate and Actual numbers represent Earnings Per Share in US Dollars

IH: iHuman
Q3 2024
Before Market Open
Estimate: N/A
Actual: 0.070

Time (ET) / Report / Period

8:30 am - Initial jobless claims - December 21

“Over the long term, following a sound investment strategy works much better than relying on luck.”

― Joel Greenblatt

Sourced in:
“The Little Book That Still Beats the Market”, by Joel Greenblatt, published in
2010.