Despite the slower-than-expected economic growth in the US for the final quarter of 2024, the stock market ended in the green on Thursday. The S&P 500 and Nasdaq indices witnessed a rise of 0.5% and 0.4% respectively, as the GDP growth rate fell short of the forecasted 2.6% expansion. The tech-heavy Nasdaq ended the day 0.25% higher at 19,681.75.

Apple’s stock dipped by 0.74%, closing at $237.59. However, the shares were seen trading nearly 3% higher in the after-hours session. The intraday high and low were $240.79 and $237.21, respectively, with a 52-week range of $260.09 to $164.08. The tech giant reported a successful first quarter, with revenue of $124.3 billion and adjusted earnings of $2.40 per share, both surpassing analyst estimates. 

Intel’s shares rose by 1.32%, closing at $20.01. The intraday high and low were $20.10 and $19.43, respectively, with a 52-week range of $46.63 to $18.51. Investors were closely watching the company’s CEO search and potential segment spin-offs following its fourth-quarter financial report. The company reported earnings per share of 13 cents which beat the consensus estimate of 12 cents.

Tesla’s stock rose by 2.87%, closing at $400.28. The intraday high and low were $412.50 and $384.41, respectively, with a 52-week range of $488.54 to $138.80. CEO Elon Musk announced that the production of the new Model Y vehicle would result in several weeks of lost production in the first quarter.