Amazon workers strike at seven US facilities ahead of Christmas rush

December 19, 2024

Image source: Photo by Super Straho on Unsplash

Breaking News

Image source: Photo by Super Straho on Unsplash

Amazon.com workers at seven U.S. facilities walked off the job early on Thursday 📦, during the holiday shopping rush, aiming to pressure the retailer into contract talks with their union. Yahoo Finance reports.

EdgeUp

🤖 SuperStack: Microsoft bought more than twice as many Nvidia Hopper chips this year than any of its biggest rivals. Yahoo Finance reports.

⚔️ AppBattle:
Apple slams Meta's numerous interoperability requests. Yahoo Finance reports.

🏃 StepUp: New Nike CEO Hill gets his chance to lay out turnaround plan. Reuters reports.

⛔ ByteBan:
The U.S. Supreme Court decided on Wednesday to hear a bid by TikTok and its China-based parent company, ByteDance, to block a law intended to force the sale of the short-video app by January 19 or face a ban on national security grounds. Reuters reports.

🛻 RamPause:
Stellantis further delays electric Ram pickup to prioritize plug-in ‘EREV’ model. CNBC reports.

🔄 TeslaTumble: Tesla shares sank more than 8% on Wednesday, notching their steepest drop since before Donald Trump’s election victory last month, which sparked a sharp rally in the stock. CNBC reports.

Top 5 Movers in Early Pre-Market

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

1. $CURR: Currenc Group

Total gain: +213%

2. $APCX: AppTech Payments
Total gain: +172.96%

3. $PRFX: PainReform
Total gain: +144.23%

4. $XHG: XChange Tec
Total gain: +141.37%

5. $ABP: Abpro Holdings
Total gain: +107.27%

Tech Thursday

ChatGPT: How Search And Chat Combined Are Changing The Way We Explore

ChatGPT has rolled out its search function to all users, offering real-time web browsing, interactive maps, and even video playback—all within a single conversation. On devices like the iPhone 16 or 15 Pro, users can now combine voice chats with this new search capability. Whether you’re looking for holiday events, restaurant suggestions, or tips on how to say “Happy New Year” in French, German, or Korean, ChatGPT delivers information in a fluid, back-and-forth exchange.

This marks a notable shift in how we interact with the internet. Since 2000s, search engines have defined the way we access information—isolated queries, links, and lists of results.

📰 Read more

Yesterday’s Biggest Movers

The closing price of the top three market percent gainers trading near or above $3 on December 18.

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

1. $NUKK: Nukkleus

Total gain: +413.30%
The company announced the pricing of a private placement with a single New York-based family office investor. The transaction is expected to generate aggregate gross cash proceeds of $10.0 million, before deducting placement agent fees and other offering-related expenses to be paid by the company. Benzinga reports.

2. $PLRZ: Polyrizon
Total gain: +195.21%
The company announced that it has entered into a manufacturing agreement with Eurofins CDMO Amatsiaquitaine S.A.S. Benzinga reports.

3. $QMCO: Quantum

Total gain: +147.51%
The company announced the development of a new highly parallel file system client for the Quantum Myriad all-flash file system. This client is designed to fully leverage NVIDIA GPUDirect Storage capabilities while enabling seamless on-the-fly client node deployments. It also offers cross-platform compatibility, including support for NVIDIA Grace Hopper systems with Grace ARM-based architectures. Benzinga reports.

Today’s Notable Earnings

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

NKE: Nike

Q2 2025
After Market Close
Estimate: 0.640
Actual: N/A

FDX: FedEx
Q2 2025
After Market Close
Estimate: 3.910
Actual: N/A

BB: BlackBerry
Q3 2025
After Market Close
Estimate: -0.010
Actual: N/A

Today’s Key Economic Dates

Time (ET) / Report / Period

8:30 am - Initial jobless claims - December 14
8:30 am - GDP (second revision) - Q3
8:30 amPhiladelphia Fed manufacturing survey - December
10:00 am - Existing home sales - November

Parting Thoughts

“Be fearful when others are greedy and greedy when others are fearful.”

― Warren Buffett

Sourced in:
Buffett, Warren. Berkshire Hathaway Shareholder Letter, 1986.