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Nvidia, TSMC, ASML Holding, Netflix, Tesla: Why These 5 Stocks Are On Investors' Radars Today

Author: Benzinga Neuro | July 17, 2024 10:39pm

On Wednesday, major U.S. indices showed mixed results. The tech-heavy Nasdaq experienced its worst day since 2022, dropping 2.77% to 17,996.92. The S&P 500 declined by 1.4% to 5,588.27. In contrast, the Dow Jones Industrial Average gained nearly 0.6%, closing at 41,198.08.

These are the top stocks that gained the attention of retail traders and investors throughout the day:

Nvidia Corporation (NASDAQ:NVDA)
Nvidia’s stock closed the day with a 6.64% decrease, ending at $117.97. The stock hit an intraday high of $121.85 and a low of $116.72. The semiconductor company’s stock was impacted by increased U.S. sanctions against China and comments made by Presidential candidate Donald Trump.

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)
TSM’s shares fell by 7.98%, closing at $171.20. The stock’s intraday high was $176.58, and it reached a low of $170.51. The drop followed comments made by Trump suggesting that Taiwan should compensate the U.S. for its defense.

See Also: Jim Cramer Says Don’t Sell Match Group: ‘You’ve Just Got A Very, Very Smart Investor In There’

ASML Holding N.V. (NASDAQ:ASML)
ASML’s stock fell by 12.74%, ending the day at $932.06. The stock hit an intraday high of $979.99 and a low of $928.7. Despite the drop, the company exceeded second-quarter earnings forecasts, driven by robust sales in China and a surge in new bookings.

Netflix, Inc. (NASDAQ:NFLX)
Netflix’s stock decreased by 1.35%, closing at $647.46. The stock’s intraday high was $650.45, and it reached a low of $639.47. The company is preparing to report its second-quarter earnings after market hours on Thursday.

Tesla, Inc. (NASDAQ:TSLA)
Tesla’s shares fell by 3.14%, closing at $248.5. The stock hit an intraday high of $258.47 and a low of $246.18. Despite the drop, analysts are painting a rosy picture for the electric vehicle maker’s future.

Photo by Phongphan on Shutterstock

Prepare for the day’s trading with top premarket movers and news by Benzinga.

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This story was generated using Benzinga Neuro and edited by Shivdeep Dhaliwal

Posted In: ASML NFLX NVDA TSLA TSM

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