stock market update us steel drops tesla edges higher amid mixed trading

U.S. stock futures are showing signs of recovery after a challenging week of declines.

Nasdaq futures have risen by 0.4%, while the S&P 500 and Dow Jones Industrial Average futures are up approximately 0.2%.

In the bond market, yields on the 10-year Treasury note are slightly decreasing, and the prices of bitcoin, oil, and gold remain stable.

U.S. Steel shares drop due to potential merger block

U.S. Steel shares have dropped by 8% in premarket trading due to reports that President Biden may block the merger with Nippon Steel.

This potential intervention reflects a broader trend of prioritizing national security in economic decisions.

Tesla shares attempt to rebound after disappointing deliveries

Tesla shares are attempting to rebound after a five-session losing streak caused by disappointing fourth-quarter deliveries.

The company delivered 495,570 vehicles, falling short of market expectations.

The ability to meet delivery targets will be crucial for Tesla's stock performance.

Carvana's stock price declines amid scrutiny

Carvana's stock price has declined due to scrutiny from short-selling firm Hindenburg Research.

The company disputes the allegations and aims to regain investor trust.

Constellation Energy and Vistra gain traction in the market

Shares of Constellation Energy and Vistra are gaining traction due to optimism surrounding nuclear power deals and the increasing demand for electricity driven by AI services.

Constellation Energy secured two federal government contracts worth over $1 billion, positioning them as a key player in the nuclear energy sector.

Vistra is well-positioned to capitalize on the growing energy demand, particularly from industries utilizing AI technologies.

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