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Palantir, Nvidia, Paypal, Costco, Tesla: Why These 5 Stocks Are On Investors' Radars Today
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Palantir, Nvidia, Paypal, Costco, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Feb 3, 2025 6:37 PM

U.S. stock markets experienced a downturn today, with the Dow Jones index dropping approximately 120 points to 44,421.91. The NASDAQ fell 1.2% to 19,391.96, while the S&P 500 dropped by 0.8% to 5,994.57.

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

Palantir Technologies Inc. ( PLTR )

Palantir Technologies ( PLTR ) saw a modest increase of 1.52%, closing at $83.74. The stock reached an intraday high of $84.25 and a low of $78.47, with a 52-week high of $84.25 and a low of $15.67. Palantir ( PLTR ) surged 22.75% after hours to $102.79, surpassing Jim Cramer's $100 prediction, with him reaffirming his confidence in the stock. Wedbush's Dan Ives called the earnings a "massive AIP growth" moment, likening Palantir ( PLTR ) to "the next Oracle" with trillion-dollar potential in the AI revolution. On Monday, Palantir ( PLTR ) reported fourth-quarter revenue of $827.5 million beating the consensus estimate of $775.91 million.

NVIDIA Corporation ( NVDA )

NVIDIA’s stock fell by 2.84%, closing at $116.66. It hit a high of $118.57 and a low of $113.01 during the day, with a 52-week range between $153.13 and $66.25. The decline follows the imposition of tariffs on imports from China, Mexico, and Canada, impacting tech stocks.

PayPal Holdings Inc. ( PYPL )

PayPal’s stock rose by 1.05%, closing at $89.51. The stock’s intraday high was $89.71, with a low of $86.00, and a 52-week range of $93.64 to $55.77. Investors are keenly awaiting the company’s fourth-quarter earnings on Tuesday, with expectations set for $1.12 EPS and $8.26 billion in revenue.

Costco Wholesale Corporation ( COST )

Costco’s shares increased by 2.65%, closing at $1005.83. The stock hit an intraday high of $1009.61 and a low of $968.94, with a 52-week high of $1009.61 and a low of $697.27. Analysts have shown a mix of opinions, with recent ratings reflecting varied sentiments on the stock’s future. They raised the 12-month price target to an average of $1,041.75, up 7.35% from $970.38, with estimates ranging from $900 to $1,175.

Tesla, Inc. ( TSLA )

Tesla’s stock dropped by 5.17%, closing at $383.68. The stock’s high for the day was $389.17, with a low of $374.36, and a 52-week range of $488.54 to $138.80. The decline follows the announcement of new tariffs on imports from Canada, Mexico, and China, affecting the company’s shares.

Image via Shutterstock

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

Read Next:

Nvidia ( NVDA ), TSMC Stocks Fell As Trump Hit Mexico, Canada, And China With Tariffs—But Top Analyst Sees Only ‘Limited’ Supply Chain Impact On Chips

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

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