Tesla, Nvidia, John Wiley & Sons And Other Big Stocks Moving Higher On Thursday

U.S. stocks were mixed, with the Dow Jones index falling around 200 points on Thursday.

Shares of Tesla Inc TSLA rose sharply during Thursday's session after CEO Elon Musk said the company’s shareholder resolutions are passing with significant margins.

Meanwhile, Tesla said on Tuesday that it deployed two of its humanoid bots called Optimus at its factory this year where they are performing tasks autonomously.

Tesla shares gained 6.7% to $189.30 on Thursday.

Here are some other big stocks recording gains in today’s session.

• NWTN Inc. NWTN shares rose 22.8% to $1.84.
• John Wiley & Sons, Inc. WLYB gained 19.3% to $42.62 as the company reported results for the fourth quarter and fiscal year ended April 30, 2024.
• Kyverna Therapeutics, Inc. KYTX climbed 17.3% to $16.10.
• American Superconductor Corporation AMSC rose 14.3% to $26.92. Roth MKM analyst Justin Clare maintained American Superconductor with a Buy and raised the price target from $20 to $27.
• Broadcom Inc. AVGO rose jumped 14.2% to $1,707.99 after the company posted stronger-than-expected results for its second quarter. The company declared a quarterly dividend of $5.25 per share and also announced a 10-for-1 forward stock split. Broadcom boosted its fiscal year 2024 revenue guidance to approximately $51 billion, up from approximately $50 billion.
• Bitfarms Ltd. BITF gained 12.3% to $2.73. The company on Thursday issued new guidance for 2025 after announcing an agreement to develop power capacity in Pennsylvania.
• United Homes Group, Inc. UHG rose 12.3% to $7.34.
• Verona Pharma PLC – ADR VRNA shares gained 12% to $16.52.
• Bilibili Inc – ADR BILI climbed 10.6% to $15.91.
• Vanda Pharmaceuticals Inc VNDA gained 10.1% to $6.52 after Future Pak increased the cash portion of its offer to $8.50-$9.00 per share.
• Cipher Mining Inc CIFR gained 8.4% to $4.96.
• Core Scientific, Inc. CORZ gained 8.3% to $10.36.
• Korn Ferry KFY climbed 7% to $67.87 following better-than-expected quarterly results.
• Axcelis Technologies Inc ACLS shares gained 5% to $143.40.
• Insmed Inc INSM rose 5% to $64.70.
• Arista Networks Inc ANET shares gained 5% to $326.78 after Morgan Stanley maintained an Overweight rating and raised its price target from $300 to $325.
• NVIDIA Corp NVDA gained 3.1% to $129.06 on continued momentum. The stock recently underwent a stock split.

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