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Nvidia, AMD, Microsoft, Meta, Tesla: Why These 5 Stocks Are On Investors' Radars Today

Author: Benzinga Neuro | July 30, 2024 10:24pm

On Tuesday, major U.S. indices showed mixed results. The Dow Jones Industrial Average rose by 0.5% to close at 40,743.33, while the S&P 500 fell by a similar margin to 5,436.44. The Nasdaq dropped nearly 1.3%, ending the day at 17,147.42.

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

NVIDIA Corporation (NASDAQ:NVDA)

NVIDIA shares experienced a surge in after-hours trading, closing the day with a 7.04% decrease at $103.73. In the after-hours trading, the stock spiked 5.1% to $109. The stock’s intraday high and low were $111.99 and $102.54 respectively, with a 52-week range of $195.95 to $39.23. This surge was in sympathy with AMD’s strong second-quarter earnings results.

Advanced Micro Devices, Inc. (NASDAQ:AMD)

AMD shares rebounded by 7.6% in the after-hours trading to $149.02 after the chipmaker posted second-quarter earnings and revenue that increased year-over-year. The stock closed down 0.94% at $138.44, with an intraday high and low of $141.7 and $134.05 respectively, and a 52-week range of $227.3 to $93.12. AMD’s strong performance was driven by strength in data center revenue and fairly positive performance in the client business, as detailed in the second-quarter earnings report.

See Also: Bill Gates’ Ex-Wife Reveals She Shares Jeff Bezos’ Ex-Wife MacKenzie Scott’s Parenting Style: ‘She Was Trying To Raise Her Kids, Literally Just Down The Street From Me, In Essentially The Same Way’

Microsoft Corporation (NASDAQ:MSFT)

Microsoft reported a 15% year-over-year increase in fourth-quarter revenue, beating Street consensus estimates. The stock closed down 0.89% at $422.92, with an intraday high and low of $429.05 and $417.36 respectively, and a 52-week range of $468.35 to $309.45. Microsoft’s cloud revenue was up 21% YoY at $36.8 billion, according to the company’s fourth-quarter report.

Meta Platforms, Inc. (NASDAQ:META)

Meta Platforms is set to report its second-quarter earnings with a focus on its AI capabilities. The stock closed down 0.54% at $463.19, with an intraday high and low of $472.73 and $456.70 respectively, and a 52-week range of $542.79 to $274.39. Advertisers are expected to increase their spending on the platform. The company will report its second-quarter earnings on Wednesday after market close.

Tesla Inc. (NASDAQ:TSLA)

Tesla is recalling over 1.8 million vehicles in the U.S. due to concerns that an unlatched hood can fully open while driving. The stock closed down 4.08% at $222.62, with an intraday high and low of $232.41 and $220 respectively, and a 52-week range of $278.97 to $138.8. The recall includes different model years of Model 3, Model S, Model X, and Model Y vehicles.

Photo by Jirapong Manustrong 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: AMD META MSFT NVDA TSLA

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