Intel Corporation’s INTC shares surged by 6.7% as chip stocks rallied on the first business day of the year. Meanwhile, The Boeing Company’s BA shares rose by 4.9% following reports of a new $2.7 billion Pentagon Apache support contract. Exxon Mobil Corporation’s XOM shares also saw a 1.9% increase as energy emerged as one of the biggest winning sectors of the day. However, Tesla, Inc.’s TSLA shares slumped by 2.6% after reporting weaker-than-expected vehicle deliveries and slowing EV sales.
Zacks’ Research Chief has identified a top stock pick with the potential to double in value, surpassing previous recommendations. While not all picks are guaranteed winners, this stock could outperform previous recommendations like Hims & Hers Health, which saw a significant increase of +209%. Explore the top stock picks and download the latest recommendations from Zacks Investment Research for free.
Read more at Nasdaq: Company News for Jan 5, 2026
