U.S. markets ended mixed on Monday with the Nasdaq Composite closing the session in the red as investors and traders await earnings from big names this week.
What Happened: While Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) and Microsoft Corp (NASDAQ:MSFT) are scheduled to announce their quarterly results on Tuesday, Amazon.com Inc (NASDAQ:AMZN) and Meta Platforms Inc (NASDAQ:META) will be reporting their figures later during the week.
Meanwhile, following are the five stocks that are drawing investors' attention:
1. Tesla Inc (NASDAQ:TSLA): Shares of Tesla closed 1.53% lower on Monday. The EV-maker has raised its capital expenditure forecast for 2023 on Monday and said it expects to spend between $7 billion and $9 billion this year, higher than its previous outlook of $6 billion to $8 billion, according to a Reuters report.
Also Read: Everything You Need to Know About Tesla Stock
2. First Republic Bank (NYSE:FRC): Shares of First Republic ended 12.2% higher on Monday but lost 22.19% in extended trading. The bank said its first-quarter revenue fell 13.4% year-over-year to $1.2 billion, which beat a consensus estimate of $1.15 billion, according to Benzinga Pro. Net interest income stood at $923 million, down 19.4% year-over-year.
3.Cleveland-Cliffs Inc (NYSE:CLF): Shares of the company closed 2.08% higher on Monday but lost 1.06% in extended trading. Cleveland-Cliffs reported 11.08% drop in its first quarter revenue at $5.295 billion compared to the same period a year ago.
4. Getty Images Holdings Inc (NYSE:GETY): Shares of the company closed 31.03% higher on Monday after Trillium Capital proposed to acquire the firm for $10 per share in cash. The proposal represented a premium of 98% to Getty Images' Friday closing price of $5.06.
5. Fox Corp (NASDAQ:FOX): Shares of the company closed 2.95% lower on Monday after Fox News announced prime-time host Tucker Carlson is leaving the cable network.
Read Next: 5 Most Shorted US Large Cap Stocks In April 2023: 2 Of Them Are Up More Than 50% This Year
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