Stock Market 13 December 2025

Infleqtion shares rose about 5% to $14.21 after the announcement of a new quantum-space initiative, supported by a White House policy order that boosts quantum sensing, networking, and space applications. Risks include ongoing losses, contract timing, and unproven quantum hardware. Nexentis Technologies surged over 100% following an AI drug-discovery update, closing at $13.00 after heavy trading, though it pulled back after hours. Grab fell 2.24% to $3.49, extending a roughly 30% decline this year despite higher first-quarter revenue and profit, as investors weigh its buyback and AI efforts against concerns about competition and spending. Tesla gained 1.14% to $405.05, outperforming a falling Nasdaq, with attention on its robotaxi strategy and the potential closer integration of Elon Musk’s companies. Marvell Technology dropped 0.9% to $307.86 in its S&P 500 debut but remains up over 260% this year, driven by AI infrastructure demand, while investors weigh index-fund buying against high valuations. Apple slipped 0.3% to $297.01 but outperformed the Nasdaq and other large tech stocks, remaining up 2% over the past week. Nvidia fell 0.97% to $208.65, drawing attention as large tech names weighed on the Nasdaq, which dropped 1.3%. SpaceX shares fell 16.43% to $154.60, still above their $135 IPO price, as the company launched its first bond sale aiming to raise at least $20 billion, with the deal bringing in $85.7 billion. Chipotle dropped 6% to $30.54, outpacing the broader restaurant sector on higher-than-average volume. Snap closed at $4.63, about 19% below its June 15 level, with investor focus on capital discipline and remaining buyback capacity. Joby Aviation fell 1.4% to $9.86 amid renewed attention on lawsuits and the lack of FAA certification for U.S. air-taxi makers.