11 Firms Under Tech, Energy, Aviation Lead Friday Rally

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Wall Street’s main indices finished in the green territory on Friday amid a series of catalysts buoying investor appetite.

The Dow Jones Industrial Average rose by 0.80 percent, while the S&P 500 and Nasdaq Composite rallied by 1.26 percent and 1.77 percent, respectively.

Eleven companies—predominantly in the technology, energy, and aviation sectors—posted notable gains. Here is why:

To come up with Friday’s top advancers, we considered only the stocks with at least $2 billion in market capitalization and $5 million in daily trading volume.

Stock market data. Photo by Photo by Alesia Kozik

11. Nvidia Corp. (NASDAQ:NVDA)

Shares of Nvidia Corp. rallied for a second day on Friday, up by 4.45 percent or 6.16 points to close at $144.47 apiece.

Analysts said investors snapped up shares of the company ahead of the Consumer Electronics Show (CES) 2025 from January 7 to 10 in Las Vegas.

Artificial intelligence is expected to be the key theme at the show, and Nvidia founder and chief executive officer Jensen Huang is expected to introduce AI chips, including desktop graphics processing units.

Nvidia has been the go-to provider of powerful server processors for AI applications since the current generative AI craze started in November 2022 with the release of the ChatGPT chatbot from OpenAI.

10. TeraWulf Inc. (NASDAQ:WULF)

Bitcoin miner TeraWulf Inc. saw its stock price by 13.92 percent or 0.76 points to close this week’s trading at $6.22 apiece after the price of Bitcoin broke past the $97,000 mark, as it tries to gun its way to the $100,000 resistance level.

According to analysts, investors bought up shares of TeraWulf (WULF) and other Bitcoin mining companies as traders await more updates and developments on the cryptocurrency under the incoming presidency of Donald Trump.

The Trump family, through son Eric, already signaled earlier that the incoming administration will embrace cryptocurrency, a business sector in which the Trump family is directly invested.

The statement warmly welcomed investors, sending share prices of Bitcoin miners —including TeraWulf—rallying over the past few months.

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