Which stocks led the market last week? Below is a list of the top 25 performers among U.S. stocks with a market cap over $5 billion as of October 25:

As the final countdown to the 2024 U.S. election begins, market sentiment appears to be shifting in favor of a Trump victory, as indicated by a 32% rise in Trump Media & Technology Group’s stock.

Data Source: uSMART SG

Last week, Trump's media stock soared 32% due to market expectations of his potential victory in the 2024 presidential race. As of September 23, Trump trailed by 3 points on PolyMarket and 11 points on PredictIt. However, he now leads by 31 points on PolyMarket and by 15 points on PredictIt.

ZEEKR Launches New Mix Models, Entering New Market Segments

ZEEKR, the high-end electric vehicle brand under Geely Holdings, saw a nearly 30% stock surge last week following the launch of its new model, ZEEKR Mix. This release includes two configurations, the ZEEKR MIX Intelligent Driving Version and the ZEEKR MIX Long-Range Intelligent Driving Version, offering more choices to consumers. With a minimalist “Hidden Energy” design, closed front-end, and star-ring headlights, the car showcases a futuristic look. The side design features a globally first double-B pillar hidden electric door, making entry and exit easier.

Data Source: uSMART SG

On October 23, ZEEKR launched the Mix model, marking its expansion beyond the ZEEKR 001 sport crossover and opening new areas of exploration in the high-end EV market.

Tesla Soars as Musk Predicts Rebound in Sales

Tesla’s stock rose 22% for the week, with CEO Elon Musk’s net worth surging by $33.5 billion, bolstering his lead on Bloomberg’s Billionaires Index. Tesla reported its largest quarterly profit since summer 2023, resulting in positive returns for the year. During a webcast following the earnings announcement, Musk forecast a potential 30% increase in vehicle sales next year and announced that the Cybertruck achieved its first profitable quarter.

Data Source: uSMART SG

Li Auto and Mercedes-Benz Team Up with Qualcomm

Li Auto’s stock rose 14% last week, fueled by news of collaboration with Qualcomm for the Snapdragon Digital Chassis platform in future models with both Li Auto and Mercedes-Benz. This alliance underscores Qualcomm’s leadership in intelligent vehicle technology, promising advancements in autonomous driving, vehicle connectivity, and augmented reality. Meanwhile, the search for an alternative to proposed EU tariffs on Chinese EVs supported Li Auto’s stock price.

Data Source: uSMART SG

How to trade investments on uSMART:

After logging into uSMART SG APP, click "Search" from the upper right corner of the page, enter the target code, such as "TSLA", and enter the details page to learn about transaction details and historical trends. Click "Trade" in the lower right corner and select "Buy/Sell" "Send" function, finally fill in the transaction conditions and send the order; the image operation instructions are as follows:

Source: uSMART SG

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