On Monday, major U.S. indices closed in positive territory. The Dow Jones Industrial Average rose 0.6% to finish at 40,896.53, while the S&P 500 gained nearly 1%, closing at 5,608.25. The Nasdaq saw the largest increase, ending the day up almost 1.4% at 17,876.77.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Nvidia Corporation ( NVDA )
Nvidia ( NVDA ) closed the day up 4.35% at $130, with an intraday high and low of $130 and $123.42 respectively. The 52-week high and low stand at $140.76 and $39.23. Goldman Sachs reaffirmed a bullish stance on Nvidia ( NVDA ) ahead of the company's earnings release, scheduled for Aug. 28, citing strong demand from cloud service providers and enterprises for artificial intelligence.
Advanced Micro Devices, Inc ( AMD )
AMD closed the day up 4.52% at $155.28, with an intraday high and low of $155.37 and $147.72 respectively. The 52-week high and low stand at $227.3 and $93.12. The stock traded higher after AMD agreed to acquire ZT Systems, a provider of AI infrastructure for hyperscale computing companies, in a cash and stock transaction valued at $4.9 billion.
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Alzamend Neuro, Inc ( ALZN )
Alzamend closed the day up 188.18% at $5.85, with an intraday high and low of $15.06 and $5.72 respectively. The 52-week high and low stand at $45 and $1.84. The company announced that it was partnering with Massachusetts General Hospital for contract research purposes to carry out the first-of-its-kind Phase II clinical study of AL001 for the treatment of patients suffering from PTSD.
Palo Alto Networks, Inc ( PANW )
Palo Alto Networks ( PANW ) closed the day up 2.77% at $343.36, with an intraday high and low of $344.48 and $335.11 respectively. The 52-week high and low stand at $380.84 and $224.64. The company reported fourth-quarter earnings of $1.51 per share, surpassing analyst expectations of $1.41. Revenue for the quarter reached $2.189 billion, beating the consensus estimate of $2.162 billion. The company has exceeded earnings and revenue estimates for four consecutive quarters.
Tesla Inc ( TSLA )
Tesla closed the day up 3.12% at $222.86, with an intraday high and low of $222.98 and $214.09 respectively. The 52-week high and low stand at $278.97 and $138.8. Tesla CEO Elon Musk denied "donating" a Cybertruck to Russian leader Ramzan Kadyrov.
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