Yesterday’s hit stocks have cooled off a bit today, but are still working a lot higher.

Shares of EV maker Tesla (TSLA) rose nearly 3% in early trading Friday to about $268, outperforming the benchmark S&P 500. (Read today’s market coverage here.) That’s less dramatic than the numbers who listed the stock on Thursday as the company saw. shares are up 22%, the biggest percentage gain in more than a decade, thanks to an earnings report and outlook that investors are cheering.

Today’s move puts the stock on track for a weekly gain of about 21% from last Friday’s close of $220.70. According to data from Visible Alpha, the company has a market capitalization of approximately $840 billion. Analysts tracked by Visible Alpha have yet to catch up to Tesla’s latest increase, with their average price target at around $232.

It also comes as the other six of the so-called Magnificent Seven mega-cap tech stocks – Alphabet (GOOGL), Amazon (AMZN), Apple (AAPL), Meta Platforms (META), Microsoft (MSFT) and Nvidia (NVDA) – rose. , with all but Apple up more than 1% in recent trading.

That would indicate general optimism ahead of the quarterly financial results of Apple, Alphabet, Microsoft and Meta, expected next week.