financetom
Market
financetom
/
Market
/
Tesla, Google Parent Alphabet, Lockheed Martin, Visa, UPS: 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
Tesla, Google Parent Alphabet, Lockheed Martin, Visa, UPS: Why These 5 Stocks Are On Investors' Radars Today
Jul 23, 2024 8:35 PM

Major U.S. indices closed lower, influenced by earnings reports from Tesla, Alphabet, and other companies. The Dow Jones Industrial Average fell by 0.1% to 40,358.09, the S&P 500 dropped 0.2% to 5,555.74, and the Nasdaq edged down 0.06% to 17,997.35.

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

Tesla Inc. ( TSLA )

Tesla’s stock declined by 2.04%, closing at $246.38. The stock’s intraday high and low were $255.76 and $245.63 respectively, with a 52-week range of $138.8 to $278.98. Tesla reported second-quarter revenue of $25.5 billion, up 2% year-over-year, exceeding estimates. Despite this, earnings per share fell 43% to 52 cents, missing expectations, and vehicle deliveries and production dropped year-over-year.

Alphabet Inc. ( GOOG )

Alphabet’s Class A stock closed marginally higher at $181.79 in the regular session and fell 2.19% lower in the after-hours trading to $177.80. Meanwhile, the company’s Class C saw a slight increase of 0.14%, closing at $183.60 in the regular trading and declined 2.2% in the after-hours to $179.59. Alphabet reported second-quarter revenue of $84.742 billion, beating the consensus estimate. The tech giant also reported quarterly earnings of $1.89 per share, beating analyst estimates.

See Also: Elon Musk May Have Endorsed Trump, But Tesla Would Have Done ‘Even Worse’ Without Biden’s $7.5K EV Tax Credit, Says Fund Manager

Lockheed Martin Corp. ( LMT )

Lockheed Martin’s stock surged by 5.63%, closing at $501.29. The stock’s intraday high and low were $501.77 and $482.86 respectively, with a 52-week range of $393.77 to $501.77. The company reported second-quarter 2024 net sales growth of 9% year-over-year to $18.12 billion, above the consensus.

Visa Inc. ( V )

Visa’s stock dipped by 1.09%, closing at $264.79. The stock’s intraday high and low were $267.7 and $263.86 respectively, with a 52-week range of $227.68 to $290.96. Visa’s third-quarter earnings were $2.42 per share, matching estimates, while sales of $8.9 billion missed expectations slightly. Payments volume and processed transactions grew, but shares fell 2% after hours.

United Parcel Service Inc. ( UPS )

UPS’s stock plummeted by 12.05%, closing at $127.68. The stock’s intraday high and low were $132.26 and $124.98 respectively, with a 52-week range of $124.98 to $192.98. UPS shares are trading lower after it reported second-quarter 2024 results. Revenue declined 1.1% year-over-year to $21.82 billion, missing the consensus. Adjusted EPS was $1.79, down 29.5% YoY, missing the consensus.

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

Read Next:

Mohamed El-Erian On Biden’s Withdrawal From Presidential Race: ‘There Is Genuine Uncertainty On How Markets Will – And Should- React To The News’

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 >
TREASURIES-Yields gyrate lower investors mull weak GDP and stagflation scenario
TREASURIES-Yields gyrate lower investors mull weak GDP and stagflation scenario
May 25, 2025
NEW YORK, April 30 (Reuters) - U.S. Treasury yields seesawed lower after a weaker-than-expected read on first quarter U.S. growth underscored market reasoning that White House tariff uncertainty will both weaken growth and increase inflation in a dreaded stagflation scenario. Gross domestic product decreased at a 0.3% annualized rate last quarter, the Commerce Department said in its advance estimate, much...
Stagflationary Data Puts Pressure on Bitcoin, Stocks Early in U.S. Day
Stagflationary Data Puts Pressure on Bitcoin, Stocks Early in U.S. Day
May 25, 2025
What one hour ago was looking like another positive day in markets has turned decidedly negative as the latest economic data fueled growing stagflation fears. First up was ADP jobs numbers for April. Coming two days ahead of the government's own employment data for April, the ADP report showed just 62,000 private sector jobs created this month, well shy of...
Crude Oil Falls Over 3%; Regulus Therapeutics Shares Spike Higher
Crude Oil Falls Over 3%; Regulus Therapeutics Shares Spike Higher
May 25, 2025
U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling over 1% on Wednesday. The Dow traded down 0.47% to 40,335.51 while the NASDAQ dipped 1.22% to 17,248.37. The S&P 500 also fell, dropping, 0.83% to 5,514.48. Check This Out: Top 2 Materials Stocks That May Fall Off A Cliff This Quarter Leading and Lagging Sectors Consumer staples...
US STOCKS-Wall Street slides after economy contracts in first quarter
US STOCKS-Wall Street slides after economy contracts in first quarter
May 25, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Indexes down: Dow 1.73%, S&P 500 2.04%, Nasdaq 2.58% * Q1 GDP contracts, PCE slightly above estimates * SMCI plunges after Q3 forecast trim * ADP April figures miss expectations (Updates after inflation data) By Lisa Pauline Mattackal and...
Copyright 2023-2026 - www.financetom.com All Rights Reserved