Wednesday’s trading session saw the S&P 500 and Dow Jones Industrial Average hitting record highs, driven by investor optimism following the election of Donald Trump as the 47th U.S. president. The S&P 500 index climbed 2.5% to 5,929.04, while the Dow soared over 3.6% to 43,729.93, marking its biggest single-day gain since November 2022. The tech-heavy Nasdaq rose nearly 3% to end Wednesday’s session at 18,983.47.

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

Arm Holdings Plc ( ARM ) – ADR

Arm Holdings ( ARM ) closed the day up by 2.87% at $144.68, with an intraday high of $146.06 and a low of $141.01. The company’s 52-week high and low are $188.75 and $49.82 respectively. Arm reported second-quarter revenue of $844 million, beating analyst estimates, driven by record levels of royalty revenue. The chip designer also reported adjusted earnings of 30 cents per share, surpassing analyst estimates.

Coinbase Global Inc. ( COIN )

Coinbase shares surged 31.11% to close at $254.31, with an intraday high of $257.68 and a low of $221.11. The company’s 52-week high and low are $283.48 and $84.3 respectively. The cryptocurrency exchange is expecting to see a leadership change in the SEC as early as April or May 2025, following historical patterns.

See Also: Jim Cramer Blasts Super Micro Computer’s Earnings: ‘Better At Exonerating Itself Than Selling’ Nvidia GPU

Lyft Inc. ( LYFT )

Lyft ( LYFT ) shares rose 4.35% to close at $14.40, with an intraday high of $14.53 and a low of $13.78. The company’s 52-week high and low are $20.82 and $8.93 respectively. Lyft ( LYFT ) announced new autonomous vehicle partnerships to offer future autonomous vehicle rides through the Lyft ( LYFT ) app, in a strategic alliance with Mobileye Global Inc.

IonQ Inc. ( IONQ )

IonQ ( IONQ ) shares increased 7.2% to close at $16.45, with an intraday high of $16.83 and a low of $15.85. The company’s 52-week high and low are $18.20 and $6.22 respectively. IonQ ( IONQ ) reported third-quarter financial results with total revenue up 102% on a year-over-year basis, achieving $63.5 million worth of new bookings in the third quarter.

Tesla Inc. ( TSLA )

Tesla shares jumped 14.75% to close at $288.53, with an intraday high of $289.59 and a low of $275.62. The Elon Musk-led company’s 52-week high and low are $289.59 and $138.8 respectively. Analyst Dan Ives is optimistic about the impact of a potential Trump win on the Tesla stock.

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