financetom
Market
financetom
/
Market
/
Super Micro Computer, Upstart, Lyft, Doordash, 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
Super Micro Computer, Upstart, Lyft, Doordash, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Feb 11, 2025 7:13 PM

U.S. stock markets were mixed on Tuesday as Federal Reserve Chair Jerome Powell indicated no immediate plans to reduce interest rates. The S&P 500 ended the day marginally higher by 0.03% at 6,068.50, while the Nasdaq 100 saw a 0.4% decline to 19,643.86. The Dow Jones Industrial Index managed to rise 0.3% for the day and closed at 44,593.65.

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

Super Micro Computer Inc ( SMCI ).

Super Micro Computer ( SMCI ) shares fell by 9.47%, closing at $38.61. The stock reached an intraday high of $42.39 and a low of $38.42, with a 52-week range between $122.9 and $17.25. The company recently released preliminary second-quarter earnings, projecting revenue between $5.6 billion and $5.7 billion. Adjusted earnings per share are expected to be between 58 and 60 cents.

Upstart Holdings, Inc. ( UPST )

Upstart Holdings ( UPST ) saw a decline of 5.07%, closing at $67.34. The stock’s intraday high was $70.5, and the low was $66.76, with a 52-week range of $88.94 to $20.6. The company reported strong fourth-quarter earnings, with a profit of 26 cents per share, surpassing expectations of a 4-cent loss. Revenue reached $218.96 million, exceeding the $182.18 million estimate.

Lyft Inc. ( LYFT )

Lyft ( LYFT ) shares decreased by 4.83%, ending the day at $14.39. The stock’s high and low were $15.35 and $14.2, respectively, with a 52-week range of $20.82 to $8.93. The company reported fourth-quarter revenue of $1.6 billion, surpassing analyst expectations of $1.56 billion. Net income reached $61.7 million, a significant improvement from the previous year’s loss.

DoorDash, Inc. ( DASH )

DoorDash ( DASH ) experienced a slight increase of 0.24%, closing at $193.09. The stock’s intraday high was $194, and the low was $189.5, with a 52-week range of $199.17 to $99.32. The company reported fourth-quarter earnings of 33 cents per share, matching analyst estimates. Revenue came in at $2.87 billion, slightly above the $2.84 billion estimate.

Tesla Inc. ( TSLA )

Tesla shares dropped by 6.34%, closing at $328.5. The stock’s intraday high and low were $349.37 and $325.1, respectively, with a 52-week range of $488.54 to $138.8. The decline followed news that competitor BYD Co. plans to incorporate self-driving technology in its vehicles.

Image via Shutterstock

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

Read Next:

Cathie Wood’s Massive Tuesday Overhaul: Unloads $28.4M In Palantir, Dumps Robinhood, Swoops Up Tech Giants Shopify, AMD, TSMC And Amazon

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 >
South African rand stable after Powell's cautious comments; US inflation in focus
South African rand stable after Powell's cautious comments; US inflation in focus
Feb 11, 2025
JOHANNESBURG, Feb 12 (Reuters) - South Africa's rand was steady in early trade on Wednesday, as markets processed U.S. Federal Reserve Chair Jerome Powell's comments on interest rate cuts and braced for an inflation reading from the world's biggest economy later in the day. At 0653 GMT, the rand traded at 18.5125 against the U.S. dollar, near its Tuesday closing...
Nasdaq short interest down 1.7% at end of January
Nasdaq short interest down 1.7% at end of January
Feb 11, 2025
NEW YORK, Feb 11 (Reuters) - Short interest on the Nasdaq eased 1.7% at the end of January, the exchange said on Tuesday. As of January 31, short interest dipped to about 14.581 billion shares, compared with 14.827 billion shares as of January 15. Investors who sell securities short borrow shares and then sell them, expecting the stock to fall...
JGB yields hit multi-year highs on uncertainty over BOJ's rate hike pace, higher US yields
JGB yields hit multi-year highs on uncertainty over BOJ's rate hike pace, higher US yields
Feb 11, 2025
TOKYO, Feb 12 (Reuters) - Japanese government bond (JGB) yields hit new multi-year highs on Wednesday amid uncertainties about the Bank of Japan's rate hike pace, while higher U.S. Treasury yields also weighed on sentiment. The 10-year JGB yield rose 3 basis points (bps) to 1.34%, its highest level since February 2011. The five-year yield rose 1.5 bps to 1%,...
Super Micro Computer, Upstart, Lyft, Doordash, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Super Micro Computer, Upstart, Lyft, Doordash, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Feb 11, 2025
U.S. stock markets were mixed on Tuesday as Federal Reserve Chair Jerome Powell indicated no immediate plans to reduce interest rates. The S&P 500 ended the day marginally higher by 0.03% at 6,068.50, while the Nasdaq 100 saw a 0.4% decline to 19,643.86. The Dow Jones Industrial Index managed to rise 0.3% for the day and closed at 44,593.65. These are the top stocks that gained...
Copyright 2023-2026 - www.financetom.com All Rights Reserved