Uber, Unity Software, Tesla, and more

• US stocks rose on the first trading day of the new year as optimism about future corporate growth was somewhat dampened by concerns about the technology sector.

• Uber Technologies and Danish Cruise Line Holdings have been added to Goldman Sachs’ US indictment list.

• Apple has cut prices for its iPhones in China as competition intensifies in the mobile phone market there.

US stocks started 2025 trading higher at midday, with positive analyst comments somewhat offset by technology concerns. the Dow Jones Industrial Average The index gave up big early gains to trade 0.2% higher, while the… Standard & Poor’s 500 and Nasdaq They rose by 0.4% and 0.5%, respectively.

Shares of Uber Technologies (Uber(Norwegian Cruise Lines Holdings)NCLH) advanced when Goldman Sachs added both to its list of US convictions, arguing that both had promising future growth potential.

Unity Software shares (Sh) after “Roaring Kitty” posted a clip on X of the late singer Rick James, who had a song called “Unity,” which some took as a sign of… Meme stock The hero was promoting the stock.

Newmont shares (no) Competitive gold mining companies rose as the price of the precious metal began the year 1% higher after hitting a record in 2024.

Tesla (TSLA) was the worst-performing stock in the S&P 500 after the electric vehicle (EV) maker reported disappointing fourth-quarter delivery numbers.

Newmura Therapeutics shares (NMRA) reached all-time lows when the biopharmaceutical company’s experimental depression drug failed to meet targets in a Phase 3 trial.

apple (Apple) Shares fell as the tech giant cut prices for its iPhone in China as it faced increasing competition.

Oil futures rose. The yield on the 10-year Treasury note was little changed. The US dollar rose against the euro, pound and yen. Most major cryptocurrencies were trading higher.

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