CNBC·2025-12-19 17:31Market Overview - Stocks experienced an upward trend, primarily driven by a rebound in Big Tech, with Nvidia's stock rising nearly 3% as it trades at 25 times forward earnings, placing it in the eleventh percentile of valuation over the past decade, indicating a favorable valuation for the AI chip leader [1] - The semiconductor sector saw a broad rally, with companies like Broadcom, AMD, and Micron also experiencing significant gains [1] Company Highlights - Nike's shares fell by 9.5% following the release of solid earnings results but disappointing guidance [1] - Wells Fargo, under CEO Charlie Scharf, improved its position in the U.S. M&A league table, moving from No. 14 to No. 7, advising on notable deals such as Netflix's bid for Warner Brothers and Union Pacific's bid for Norfolk Southern [1] - Capital One's price target was raised from $250 to $270, while its rating was downgraded to a 2, and Goldman Sachs' price target increased from $850 to $925, along with Wells Fargo's price target rising from $90 to $96 [1] Aerospace Sector - Boeing's shares increased by 2.6% after JPMorgan reiterated it as a top pick, raising its price target from $240 to $245, suggesting a 15% upside from its current price of $213 per share [1] - Analysts believe Boeing's growth strategy is straightforward: to build and deliver more planes, with expectations of cash flow reaching at least $10 billion by the end of the decade [1] - Boeing is viewed as a "long-term idea" due to the strength in travel [1] Additional Stocks - Other stocks mentioned in the rapid-fire segment included FedEx, Conagra Brands, KB Home, Oracle, and CoreWeave [1]