Stocks surge as Boeing and Palantir lead premarket gains

On December 31, 2024, continuing developments in premarket trading highlighted significant stock movements involving various companies. In the United States, companies related to cryptocurrency saw gains as Bitcoin prices increased. MicroStrategy, known for its connection to Bitcoin, saw its stock rise nearly 5%, while Coinbase and mining companies Mara Holdings and Riot Platforms also reported upward movements. VeriSign's stock experienced a notable boost of over 3% following a regulatory filing indicating that Warren Buffett's Berkshire Hathaway purchased an additional 76,487 shares, valued at approximately $15.6 million. This acquisition comes in the wake of Berkshire Hathaway's earlier purchase of more than 140,000 shares, demonstrating a growing confidence in the domain registry service company. Other notable stocks included Tesla, which rebounded by 1.7%, rising after experiencing three consecutive days of losses. Despite recent volatility, Tesla's shares have surged by almost 21% during December, contributing to an impressive annual gain of around 68%. Meanwhile, shares of EQT gained slightly after announcing a significant joint venture closure, designed to mitigate debt burdens amid rising natural gas prices. Conversely, Boeing's shares fell over 3% after South Korea mandated inspections of its 737-800 planes following a tragic crash that resulted in significant fatalities. This incident has sparked concerns regarding the safety of the aircraft model. In contrast, V2X, a defense contractor, saw its stock increase significantly following the announcement of a $170 million contract with the Drug Enforcement Administration, illustrating the mixed landscape of stock performance in the market.