The Daily Breakdown takes a closer look at market-movers like Tesla and Palantir, as well as gold’s nine-day losing streak.
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What’s Happening?
At one point, the S&P 500 was up 2.3% on Monday before closing with a gain of 1.15%. Bitcoin, meanwhile, rallied more than 4% and finished near session highs, as investors continue to weigh optimism against reality amid ongoing geopolitical tensions. Gold also remained under pressure, with the GLD ETF down more than 15% during its nine-session losing streak.
Overall, markets are searching for some stability this morning, with major cryptocurrencies and US stock indices mostly flat.
👀 S&P 500 Spotlight
Monday’s top performers in the S&P 500 included FMC, Albemarle, and Palantir. Cruise operators like Norwegian Cruise Line and Royal Caribbean also led the way on hopes that lower oil prices could ease cost pressures. On the downside, Estee Lauder and Enphase were among the biggest decliners, each falling more than 7.5%.
⚡ Crypto Corner
After falling more than 60% from its summer highs, Ethereum is still trying to find its footing. The recent rally toward $2,400 lost momentum, but one encouraging sign is that ETH managed to hold the $2,000 level during the latest pullback. That $2,000 level translates to $16 for the ETHA ETF.
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The Setup — Meta
Meta stock staged a massive rally from its April 2025 lows to a record high in the summer, but it has struggled to regain momentum since then. Following the latest pullback, shares are now hovering near the Q4 low around $580. Bulls are hoping that level holds as support and helps spark a rebound, while a break below it could invite additional selling pressure.
Options
Investors who believe shares will move higher over time may consider participating with calls or call spreads. If speculating on a long-term rise, investors might consider using adequate time until expiration.
For investors who would rather speculate on the stock decline or wish to hedge a long position, they could use puts or put spreads.
To learn more about options, consider visiting the eToro Academy.
What Wall Street’s Watching
TSLA
After sliding nearly 8% over the prior three sessions, Tesla shares bounced 3.5% on Monday. Over the weekend, Elon Musk said plans are underway for a “Terafab” chip-making facility, a joint venture between Tesla, SpaceX, and xAI. Tesla is also in focus after its European sales rose 11.8% year over year, standing out against a 27% decline in overall EV sales across the region in 2025.Dig into the fundamentals for TSLA.
GME
GameStop shares are in focus today, with the company set to report earnings after the close. The stock is up more than 15% from the 52-week lows it hit in Q4, but remains down more than 10% from its February highs as investors wait for a clearer sense of direction. Analysts expect earnings of 31 cents a share on revenue of $1.47 billion. Check out the chart for GME.
Disclaimer:
Please note that due to market volatility, some of the prices may have already been reached and scenarios played out.
