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Nvidia, AMD, TSMC, Snowflake, Tesla: Why These 5 Stocks Are On Investors' Radars Today
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Nvidia, AMD, TSMC, Snowflake, Tesla: Why These 5 Stocks Are On Investors' Radars Today
May 22, 2024 7:33 PM

Major U.S. stock indices closed in negative territory on Wednesday, with the Dow Jones Industrial Average falling 0.5% to 39,671.04, the S&P 500 dropping nearly 0.3% to 5,307.01, and the Nasdaq decreasing by almost 0.2% to 16,801.54.

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

Nvidia Corporation ( NVDA )

Despite a slight dip of 0.46%, Nvidia ( NVDA ) closed at $949.5, with an intraday high and low of $960.20 and $932.49 respectively. The stock’s 52-week range is $298.06 to $974. Nvidia ( NVDA ) recently reported a beat-and-raise first quarter and announced a 150% dividend hike along with a 10-for-1 stock split. Read more here.

Advanced Micro Devices, Inc. ( AMD )

AMD saw a 0.52% rise, closing at $165.52. The stock’s intraday high and low were $169.81 and $163.86, with a 52-week range of $93.12 to $227.3. The company’s stock rose after the bell on Wednesday, sparking interest among investors. AMD shares rose in after-hours trading on Wednesday, influenced by Nvidia’s better-than-expected first-quarter earnings and positive future revenue guidance.

See Also: Palantir Technologies Unusual Options Activity

Taiwan Semiconductor Manufacturing Company Limited ( TSM )

TSMC rose by 1.61%, closing at $156.15. The intraday high and low were $157.23 and $154.54, with a 52-week range of $84.02 to $158.4. Amid threats from China, Taiwan’s new Tech Minister expressed confidence in TSMC’s ability to protect its proprietary technology.

Snowflake Inc. ( SNOW )

Snowflake’s stock increased by 0.39%, closing at $163.34. The intraday high and low were $164.84 and $162.13, with a 52-week range of $138.4 to $237.72. The company reported a revenue beat, EPS miss, and strong customer interest for AI products in its first-quarter earnings.

Tesla Inc. ( TSLA )

Tesla’s stock fell by 3.48%, closing at $180.11. The intraday high and low were $183.8 and $178.12, with a 52-week range of $138.8 to $299.29. According to a Morgan Stanley analyst, Tesla’s AI investments and an upcoming shareholder vote could determine its future growth.

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

Read Next: How The Stage Is Being Set For America’s Next Financial Crisis–Why One Economist Warns It Could Lead To A 27% Reduction In Americans’ Living Standards

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

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