Market News Roundup: Tesla’s Stock Decline, Intel’s Stock Surge, and GameStop’s Bitcoin Strategy

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Market News Roundup: Tesla’s Stock Decline, Intel’s Stock Surge, and GameStop’s Bitcoin Strategy

Photo: Kenny Holston-Pool (Getty Images), Thomas Fuller/SOPA Images/LightRocket (Getty Images), Image: Charles O’Rear (Getty Images), seksan Mongkhonkhamsao (Getty Images), Illustration: Thomas Fuller/SOPA Images/LightRocket (Getty Images), George (Getty Images), ojogabonitoo (Getty Images), Screenshot: Ryan Cohen’s X account (Other)
Elon Musk at the inauguration of U.S. President-elect Donald Trump in the U.S. Capitol Rotunda on January 20, 2025 in Washington, D.C. - Photo: Kenny Holston-Pool (Getty Images)

Elon Musk at the inauguration of U.S. President-elect Donald Trump in the U.S. Capitol Rotunda on January 20, 2025 in Washington, D.C. – Photo: Kenny Holston-Pool (Getty Images)

Despite surpassing $486 billion at one point, Elon Musk’s net worth has decreased by nearly $90 billion due to Tesla’s underwhelming stock performance this year.

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Photo: Thomas Fuller/SOPA Images/LightRocket (Getty Images)

Photo: Thomas Fuller/SOPA Images/LightRocket (Getty Images)

Intel (INTC) stock continued its upward trend on Thursday, climbing 7.3% to close at $24.13 per share. The traditional chip manufacturer has gained approximately 23% this year, in contrast to Nvidia’s (NVDA) mere 0.7% increase to begin 2025.

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Image of gold bars. - Image: Charles O’Rear (Getty Images)

Image of gold bars. – Image: Charles O’Rear (Getty Images)

U.S. President Donald Trump’s tariffs are already leading to some unexpected economic effects, including major banks moving billions in gold from London to New York City using commercial flights.

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Illustration: Thomas Fuller/SOPA Images/LightRocket (Getty Images)

Illustration: Thomas Fuller/SOPA Images/LightRocket (Getty Images)

Palantir Technologies (PLTR) is currently the top stock performer in the S&P 500 for 2025, surging 50% year-to-date. However, some analysts warn that despite promising earnings prospects, investors might face short-term challenges as share prices normalize.

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Screenshot: Ryan Cohen’s X account (<a class="link " href="https://x.com/ryancohen/status/1888098643732811864/photo/1" rel="nofollow noopener" target="_blank" data-ylk="slk:Other;elm:context_link;itc:0;sec:content-canvas">Other</a>)

Screenshot: Ryan Cohen’s X account (Other)

GameStop (GME) shares surged over 8% on Monday afternoon amid speculation that the retail company might dive into Bitcoin investments.

Over the weekend, GameStop’s CEO, Ryan Cohen, posted a picture with Michael Saylor, co-founder of Strategy (MSTR) and the largest corporate Bitcoin holder. On Monday, GameStop’s shares traded at $26.

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Illustration: ojogabonitoo (Getty Images)

Illustration: ojogabonitoo (Getty Images)

Losing access to a cryptocurrency wallet can be an alarming experience. Consider the individual from the U.K. who has embarked on a 12-year quest to find his lost hardware wallet in a landfill, now planning to purchase the entire dump.

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Image: seksan Mongkhonkhamsao (Getty Images)

Image: seksan Mongkhonkhamsao (Getty Images)

Market instability caused by DeepSeek has disturbed U.S. tech stocks, leading investors to explore more stable options. Many are now prioritizing undervalued stocks with greater potential for growth.

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Deepak Puri, CIO Americas of Deutsche Bank, analyzes the implications of the car manufacturer’s statements for investors

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