financetom
Market
financetom
/
Market
/
Circle, Lululemon, Palantir, Broadcom, Tesla: Why These 5 Stocks Are On Investors' Radars Today
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Circle, Lululemon, Palantir, Broadcom, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Jun 5, 2025 9:37 PM

Major U.S. indexes closed lower on Thursday, with the Dow Jones slipping 0.25% to 42,319.74, the S&P 500 falling 0.5% to 5,939.30, and the Nasdaq dropping 0.8% to 19,298.45.

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

Circle Internet Group ( CRCL ) soared by 168.48% to close at $83.23, hitting an intraday high of $103.75 and a low of $66.60. In the after-hours trading, Circle shares shot up 5.4% to $87.71. The fintech firm made a striking debut on the NYSE, raising $1.1 billion as investors placed significant bets on the mainstream adoption of stablecoins. Circle's surge was fueled by optimism around digital assets, with market watchers highlighting the firm's potential to bridge traditional finance and blockchain technology.

Lululemon Athletica Inc. ( LULU ) slipped 1.32% to finish at $330.78, after trading between $329.60 and $338.49. The athletic apparel maker's shares remain well off their 52-week high of $423.32, though above the low of $226.19. The company reported first-quarter earnings and revenue that topped analyst expectations, but shares tumbled on a weaker forward earnings forecast. For the first quarter, Lululemon reported revenue of 2.37 billion, greater than the estimate of $2.36 billion.

Palantir Technologies Inc. ( PLTR ) dropped 7.77% to close at $119.91, with an intraday range of $118.93 to $132.85. The data analytics firm's stock remains near its 52-week high of $135.28, far above the low of $21.23. Shares fell sharply after CEO Alex Karp publicly refuted recent surveillance allegations, calling them "ridiculous" and emphasizing the company's competitive momentum. The controversy added volatility, even as management reiterated confidence in its business outlook.

Broadcom Inc. ( AVGO ) edged down 0.44% to $259.93, after reaching a high of $264.89 and a low of $259.06. The semiconductor giant's shares are just shy of their 52-week peak of $265.43, with a low of $128.50 over the past year. The company posted second-quarter results that beat estimates across the board, driven by robust demand for AI networking solutions. Revenue was reported at $15 billion, higher than analyst estimates of $14.99 billion. Management highlighted accelerating AI revenue, signaling strong momentum in a key growth area.

Tesla Inc. ( TSLA ) fell 3.55% to close at $332.05, with shares fluctuating between $327.33 and $345.60. The electric vehicle leader's stock remains well below its 52-week high of $488.54, though still above the low of $167.42. Tesla shares tumbled as Elon Musk publicly clashed with Donald Trump, slamming the former president's bill to eliminate the EV tax credit—a move Musk warned could hurt the U.S. economy and Tesla’s future.

Benzinga’s Edge Stock Rankings indicate Palantir’s checks out on Price Trend in the Short, Medium and Long horizons. Here’s how it ranks on other metrics.

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

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

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Top Midday Stories: US Targets August 1 Start Date for China Tariff Hikes; CFPB Says BNPL Requires Credit Card-Level Oversight; Target Shares Fall on Earnings Miss; Third BHP Bid Rejected by Anglo Ame
Top Midday Stories: US Targets August 1 Start Date for China Tariff Hikes; CFPB Says BNPL Requires Credit Card-Level Oversight; Target Shares Fall on Earnings Miss; Third BHP Bid Rejected by Anglo Ame
May 22, 2024
12:24 PM EDT, 05/22/2024 (MT Newswires) -- The major US indexes were mixed on Wednesday morning, as investors eagerly awaited Nvidia's ( NVDA ) earnings report as well as the minutes from the most recent Federal Open Market Committee meeting. In policy news, the US Trade Representative proposed that tariff hikes on certain Chinese products, including electric vehicles and their...
US Benchmark Stock Indexes, Treasury Yields Mixed Ahead of Fed Minutes, Nvidia Earnings
US Benchmark Stock Indexes, Treasury Yields Mixed Ahead of Fed Minutes, Nvidia Earnings
May 22, 2024
12:39 PM EDT, 05/22/2024 (MT Newswires) -- US benchmark stock indexes and government bond yields traded mixed ahead of monetary policy minutes and Nvidia's ( NVDA ) quarterly earnings. The Dow Jones Industrial Average fell 0.1% to 39,828.9 after midday on Wednesday. The S&P 500 was down less than 0.1% to 5,319.6. The Nasdaq Composite rose less than 0.1% to...
Wall Street moves in a tight range of trading
Wall Street moves in a tight range of trading
May 22, 2024
US stock indices were mixed on Wednesday but still moved within a tight range of trading ahead of the release of Feds minutes. Later today, the Federal Reserve will release its minutes of its last meeting, which could include clues on the future of monetary policy. Fed Chair Jerome Powell said last week that he expects US inflation to slow...
US STOCKS-Wall Street listless in countdown to Nvidia results, Fed minutes
US STOCKS-Wall Street listless in countdown to Nvidia results, Fed minutes
May 22, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Nvidia ( NVDA ) shares fall ahead of results, due after market close * Minutes of Fed meeting expected at 2 pm ET * Target's ( TGT ) weak results weigh on shares * TJX lifts annual profit...
Copyright 2023-2025 - www.financetom.com All Rights Reserved