Stock Markets March 24, 2026

Tech Names Weaken as Select Industrials and Energy Stocks Advance in Tuesday Trading

Oracle and Palantir among notable decliners while Applied Materials and Exxon Mobil post gains across market-cap tiers

By Derek Hwang ORCL PLTR MU IBM GOOGL
Tech Names Weaken as Select Industrials and Energy Stocks Advance in Tuesday Trading
ORCL PLTR MU IBM GOOGL

Tuesday’s trading session produced pronounced movements across market capitalizations, with several large technology names sliding and pockets of strength emerging in semiconductors, energy and select small-cap issues. The report catalogs major winners and losers from mega-caps through small-caps, including company-specific notes where provided.

Key Points

  • Large-cap technology and semiconductor names recorded notable declines during the session, while select energy and industrial stocks advanced.
  • Mid- and small-cap segments produced both dramatic gains and steep drops, with several companies showing double-digit percentage swings.
  • Company-specific items were highlighted for a subset of movers, including M&A coverage, contract awards, order announcements and guidance-related commentary.

Tuesdays trading showed sharp moves for a range of equities as market participants reacted to company headlines and other drivers. Several widely held technology and semiconductor names moved lower, while energy, financials and particular small- and mid-cap issues recorded sizable advances.


Mega-Cap Movers ($200 billion USD and higher)

  • Oracle (ORCL); -4.35%
  • Palantir Technologies (PLTR); -3.89%
  • Micron Technology (MU); -3.18%
  • IBM (IBM); -2.87%
  • Google (GOOGL); -2.95%
  • Microsoft (MSFT); -2.52%
  • Exxon Mobil (XOM); +2.78%
  • Wells Fargo (WFC); +2.34%
  • Applied Materials (AMAT); +3.84%

Large-Cap Stock Movers ($10-$200 billion USD)

  • Circle Internet Group (CRCL); Circle Internet Group (CRCL) falls to low, down 14%; -20.74%
  • Coinbase Global (COIN); Circle Internet Group (CRCL) falls to low, down 14%; -10.95%
  • Estee Lauder (EL); Estee Lauder (EL) Nears Deal To Combine With Puig - FT; -10.39%
  • Taser International (AXON); -9.57%
  • Celsius Holdings (CELH); -9.08%
  • HubSpot (HUBS); -8.73%
  • Atlassian Corp (TEAM); -8.24%
  • Kratos Defense (KTOS); Kratos wins contract for SKY Perfect JSAT 5G satellite network; -7.97%
  • Venture Global (VG); +8.77%
  • Corning (GLW); +9.57%

Mid-Cap Stock Movers ($2-$10 billion USD)

  • Fundrise Innovation Fund (VCX); +62.97%
  • NantKwest (IBRX); -23.09%
  • Concentrix (CNXC); -22.29%
  • Freshpet (FRPT); -14.39%
  • Hesai ADR (HSAI); Hesai Group stock falls over 4% on weak guidance; -10.81%
  • Inflection Point Acquisition (LUNR); -10.86%
  • Shift4 Payments (FOUR); +15.46%
  • Applied Optoelectronics (AAOI); Applied Optoelectronics secures $53M order for 800G transceivers; +18.6%
  • Axcelis Technologies (ACLS); +10.25%
  • Peabody Energy (BTU); +10.17%

Small-Cap Stock Movers ($300 million - $2 billion USD)

  • CONL (CONL); -22.11%
  • Graphite Bio (LENZ); -17.59%
  • Broadstone Acquisition (EVTL); Vertical Aerospace reports flight test progress, battery production; -17.33%
  • Bioage Labs (BIOA); -13.9%
  • Breeze Holdings Acquisition (YDES); +20.88%
  • NETGEAR (NTGR); +16.59%
  • LITX (LITX); +17.79%
  • Marlin Business Services (MRLN); +25.61%
  • Roma Green Finance (ROMA); +30.31%
  • Swarmer (SWMR); +31.64%

The list above highlights the largest percentage movers by market-cap grouping and includes company-specific notes reported alongside some names. The session underscored continued volatility: major technology names and semiconductors saw downward pressure, while specific energy, industrial and small-cap issues posted double-digit gains. Market participants should note the company-level annotations shown with several tickers, which reflect reported events or commentary tied to individual stocks.

This compilation focuses on headline percentage moves and accompanying notes provided for some entries rather than exhaustive drivers behind each change.

Risks

  • Price volatility across market caps - pronounced percentage moves signal elevated short-term risk for equity holders, affecting technology, semiconductors, energy and small-cap sectors.
  • Company-level uncertainty - items such as weak guidance for Hesai Group and an indicated near-deal for Estee Lauder introduce event-driven risks in affected consumer and tech-related names.
  • Concentration risk in mid- and small-cap winners - outsized gains in a small number of issues suggest potential liquidity and reversion risk for those positions.

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