Nvidia, Affirm Holdings, CrowdStrike, Iris Energy, Tesla: Why These 5 Stocks Are On Investors' Radars Today

On Wednesday, major U.S. stock indices closed lower, with the Dow Jones Industrial Average dropping 0.4% to 41,091.42, and the S&P 500 falling 0.6% to 5,592.18. The Nasdaq saw a bigger decline, falling 1.1% to 17,556.03.

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

Nvidia Corp. NVDA

The tech giant saw its shares drop by 2.10% to close at $125.61, with an intraday high and low of $128.33 and $122.64 respectively. Notably, the shares fell 6.9% in the after-hours trading to $116.95. Despite the dip, Nvidia reported a strong second-quarter performance, with earnings and revenue more than doubling from a year ago. The company’s data center revenue played a significant role in boosting its topline, although the gross margin contracted from the first quarter.

Affirm Holdings Inc. AFRM

Affirm’s stock fell by 2.86% to close at $31.58. The company reported strong fourth-quarter earnings and upbeat first-quarter guidance, with quarterly revenue coming in at $659 million, a 47.82% increase over the same period last year.

See Also: While Elon Musk Is Busy Taking A Dig At Boeing After Starliner Fails To Bring Astronauts Back From ISS, A New SpaceX Competitor Emerges With A Larger Rocket That Could Challenge Billionaire’s Space Dominance

CrowdStrike Holdings Inc. CRWD

CrowdStrike’s shares dipped by 2.09% to close at $264.2. The cybersecurity company reported second-quarter revenue of $963.9 million, beating the consensus estimate.

Iris Energy Limited IREN

Iris Energy’s stock fell by 5.60% to close at $7.42. Despite the dip, the company reported record fiscal-year Bitcoin BTC/USD mining revenue of $184.1 million.

Tesla Inc. TSLA

Tesla’s shares also dipped, falling by 1.65% to $205.75. Longtime Tesla investor and Gerber Kawasaki Wealth CEO Ross Gerber sold approximately $60 million worth of Tesla shares, citing a lack of interest in the company's cars and robots.

Image via Shutterstock

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

Read Next:

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

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: EquitiesNewsMarketsAffirm HoldingsAIartificial ingelligenceBitcoinCrowdStrike Holdingselectric vehiclesEVsIris EnergyNVIDIANvidia Artificial IntelligenceRoss GerberShivdeep DhaliwalTesla
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!