On December 6, 2024, the US stock market closed with mixed results. The Dow Jones Industrial Average fell by 0.28%, while the NASDAQ Composite rose by 0.81%, and the S&P 500 increased by 0.25%.

In terms of industry sectors, the Trump concept stocks saw a significant rise, with Trump Media & Technology up 2.96%, Phunware Inc. up 2.68%, and Rumble Inc. up 20.57%. The new energy vehicle sector also performed well, with Tesla Motors surging 5.34%, NIO Inc. up 3.75%, and Rivian Automotive Inc. up 5.35%. Meme stocks experienced notable gains, with GameStop up 1.50% and AMC Entertainment down 9.04%.

Apple saw a slight decline of 0.08%. The company is preparing to launch a series of in-house cellular modem chips over the next three years, aiming to replace components from Qualcomm. The new modem system will debut next spring as part of the iPhone SE, with future generations becoming more advanced. Apple hopes to surpass Qualcomm's technology by 2027, starting with lower-end products to mitigate risks.

Amazon.com rose by 2.94%, driven by gains in mega-cap stocks including Tesla and Meta. Meta Platforms Inc. also increased by 2.44%.

UnitedHealth dropped by 5.07% after Oppenheimer maintained its Outperform rating and raised the price target to $640.00 per share from $610.00 per share.

Palantir Technologies Inc. surged by 6.22%. The company has experienced a remarkable year with its stock surging by 1100% and joining the S&P 500. The accelerating sales growth driven by its AI offerings has contributed to this success. Despite concerns about the stock's valuation, Wall Street analyst Daniel Ives predicts unprecedented demand for Palantir's product suite and more AI use cases.

Adobe increased by 2.74% after BMO Capital raised the price target from $580.00 to $600.00 per share.

AppLovin Corporation rose by 5.92% as Macquarie maintained an Outperform rating and raised the price target from $270.00 per share to $450.00 per share.

Coinbase Global Inc. saw a significant increase of 7.19%, driven by the overall rise in cryptocurrency-related stocks.

Lululemon Athletica surged by 15.89% following better-than-expected earnings and revenue for the third quarter of the 2024 fiscal year.

AMC Entertainment fell by 9.04% after announcing an agreement to sell up to 50 million shares, erasing its previous gains. The decline is part of the ongoing meme stock frenzy driven by speculation and volatility.