Benzinga's Daily Brief On Trending Tickers For April 5, 2022: Twitter, Alibaba, Aterian And More


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Benzinga’s “Daily Brief On Trending Tickers” highlights top-searched tickers from around the web and uses the Benzinga Pro platform to highlight recent news items possibly impacting those stocks.

The data on the trending tickers is compiled from a list of most-discussed tickers on the popular Reddit forum WallStreetBets.

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Twitter Inc (NYSE:TWTR) Elon Musk will accept a role on Twitter’s board of directors as investor interest remains high on the social media platform. Musk disclosed a 9.2% stake in the company, making him the largest individual shareholder.

GameStop Corp. (NYSE:GME): Meme stocks rallied last week on the news of a proposed GameStop 3-to-1 stock split. The video game retailer is expected to release earnings on June 15. In the last year, the company has posted an average loss of $5.23 per share.

Advanced Micro Devices, Inc. (NASDAQ:AMD): The chip-making giant recently completed a $1.9-billion acquisition of software firm Pensanado Systems in an effort to expand its data center capacities.

Tesla Inc (NASDAQ:TSLA): While the Shanghai Giga factory remains closed due to a COVID-19 outbreak, Tesla is set to have its grand opening of Giga Texas on April 7.

AMC Entertainment Holdings Inc (NYSE:AMC) CEO Adam Aron looks to deliver maximum shareholder value by making a series of “distressed investments” similar to the Hycroft Mining (NASDAQ:HYMC) deal. A tweet last week from Charles Gasparino of Fox Business said Aron is considering up to six new deals valued at around $500 million.

Aterian Inc (NASDAQ:ATER) stock rose 35.70% over Monday’s trading session with no news released on the company, suggesting a potential short squeeze.

Alibaba Group Holding Ltd - ADR (NYSE:BABA) shares are trading 1.45% lower in Tuesday’s premarket session as news of a potential rule change would allow Chinese companies to comply with U.S. regulators, lowering the risk of delisting.

Ford Motor Company (NYSE:F) will deliver its first-quarter earnings report on April 27. Analysts expect earnings of 43 cents per share for a decline of 51.69% year-over-year. Revenue estimates are $30.56 billion, 8.93% lower than the same period last year.


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: Penny StocksSmall CapCrowdsourcingTrading IdeasGeneral