On Thursday, major U.S. indices closed lower, with the Dow Jones Industrial Average falling 1.2% to 40,347.97, and the S&P 500 decreasing by 1.4% to 5,446.68. The Nasdaq experienced a notable drop of 2.3%, ending at 17,194.15.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Amazon.com Inc. AMZN
Amazon’s stock dipped by 1.56% to close at $184.07. The e-commerce giant reported a 10% year-over-year increase in second-quarter net sales, totaling $148 billion, but fell short of the Street consensus estimate of $148.56 billion.
Apple Inc. AAPL
Apple’s shares fell 1.68% to $218.36, despite reporting third-quarter earnings that exceeded expectations and revenue that grew year-over-year. The stock weakness is apparently due to Apple's China and Services performance as well as Mac revenue modestly trailing expectations.
Block Inc. SQ
Block’s shares dropped by 3.20% to $59.90 after the company reported its second-quarter financial results. The Bitcoin BTC/USD-centric company reported quarterly earnings of 31 cents per share, missing the analyst consensus estimate of 34 cents by 8.82%.
Intel Corp INTC
Intel’s shares plunged 5.50% to $29.05 after the company reported its second-quarter financial results. The company reported quarterly earnings of 2 cents per share, missing the analyst consensus estimate of 10 cents by 80%.
Tesla Inc. TSLA
Tesla’s shares fell 6.55% to $216.86. The company announced that it has produced its 10 millionth drive unit across all of its factories.
Photo by Jirapong Manustrong on Shutterstock
Prepare for the day’s trading with top premarket movers and news by Benzinga.
This story was generated using Benzinga Neuro and edited by Shivdeep Dhaliwal
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
