Shares in electric carmaker Tesla hit an all-time high on Friday, rising 5% in the session to close at $389.22 (£304.60) per share.
The stock has been rising as CEO Elon Musk prepares to assume an advisory role in president-elect Donald Trump's incoming administration, having been appointed to co-lead the proposed extra-governmental Department of Government Efficiency (DOGE) alongside Vivek Ramaswamy.
In terms of company news, analysts have remained bullish on Tesla, with Bank of America (BAC) reiterating a "buy" rating on the stock last week and raising its price target from $350 to $400.
Investment bank Stifel (SF) also said it maintained a "buy" rating on the stock last week and raised its price target from $287 to $411.
Server maker Super Micro Computer said on Friday that it had secured an extension to file its delayed annual and quarterly reports, according to a Reuters report.
Shares in Super Micro surged nearly 7% on Friday and were up nearly 9% in pre-market trading on Monday, after the company said it had been granted an extension by the Nasdaq (^IXIC) until 25 February to file its delayed reports.
Super Micro's stock has been on a bumpy ride since an August report by short seller Hindenburg Research claimed, among other things, "accounting manipulation" at the company.
The server maker then said it would delay the release of its annual report and in October its accounting firm Ernst & Young (EY) resigned.
Shares in data analytics software maker Palantir closed Friday's session more than 6% higher, after the company signed a new AI partnership with defence contractor Booz Allen Hamilton (BAH).
Palantir also announced last week that it had been granted a higher government cloud security rating.
Palantir said that it had been granted a FedRAMP (Federal risk and authorisation management program) high baseline authorisation. This US government compliance program offers a standardised security authorisation for cloud service offerings.
This latest rise in shares on Friday propelled the stock to a record-high closing price of $76.34 per share.
Palantir shares have rallied on the back of its recent earnings and last month's US election. Investors are betting that the company could benefit from greater defence spending, given some of its products are used in this space.
Enterprise-computing company Oracle is set to release its second-quarter earnings on Monday, with investors hoping to see a boost from the company's partnerships with other tech firms.
Oracle is another stock that has recently hit a record high, with shares up 82% year-to-date, giving the company a market valuation of $531.2bn.
This has helped drive the net worth of its co-founder and chief technology officer Larry Ellison higher. He has a more than 40% stake in the company, according to Business Insider. The Forbes real-time billionaires list shows that Ellison is currently the third-richest person in the world, with an estimated net worth of $236.1bn.
The public row between UK fast-fashion retailer Boohoo and Mike Ashley's Frasers Group (FRAS.L) has continued to escalate.
Ashley reportedly said in a letter to shareholders, published on Sunday, that Boohoo's management had created a "catastrophic mess", according to the Telegraph.
Frasers Group has been seeking to gain more control at Boohoo, most recently with a letter calling for the retailer's co-founder Mahmud Kamani to be removed as its executive chairman and appoint Ashley as a director, along with restructuring expert Mike Lennon. The same day, Boohoo announced it had appointed Tim Morris as the company's independent chair and instead made Kamani executive vice-chair.
A Boohoo Group spokesperson said: "Mike Ashley is seeking a board seat for his own interests, not those of Boohoo's shareholders. Frasers' track record of leveraging investments in companies for its own commercial advantage is plain for all to see. Boohoo's independent board, on the other hand, is focussed on maximising value for all its shareholders."
In October, Frasers called for Boohoo to appoint Ashley as CEO, but this request was shunned by the fast-fashion retailer, who opted to appoint Dan Finley as boss instead.
On Monday, Boohoo also said its independent advisor, Institutional Shareholder Services Inc, had recommended that shareholders in the company should vote against the resolutions that seek board representation for Frasers.
A spokesperson for Frasers Group had not responded to Yahoo Finance UK's request for comment at the time of writing.
Shares in Boohoo were up 1% on Monday morning, while Frasers Group was trading 2% in the red.
