Apple, Coinbase, Block, Amgen, Tesla: Why These 5 Stocks Are On Investors' Radars Today

Thursday saw major U.S. indices closing on a positive note, with the Dow Jones Industrial Average climbing 0.85% to reach 38,225.66, while the S&P also showed gains, up 0.9% to 5,064.20. Additionally, the Nasdaq surged 1.5% to finish the day at 15,840.96.

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

Apple Inc. AAPL

Apple’s stock closed the day with a 2.20% increase at $173.03. The stock’s intraday high and low were $173.42 and $170.89 respectively, with a 52-week range of $164.08 to $199.62. Apple outperformed muted expectations in its second-quarter results, announcing a massive $110-billion stock buyback program and a slight increase in its quarterly dividend. The earnings announcement saw the shares rise by about 3.5%.

Coinbase Global Inc. COIN

Coinbase’s stock soared by 8.93% to close at $228.85. The intraday high and low were $232.71 and $210.76 respectively, with a 52-week range of $46.43 to $283.48. The cryptocurrency trading platform reported first-quarter financial results that beat the Street consensus estimate, with total revenue of $1.64 billion and GAAP EPS of $4.40. The results highlighted an all-time high in institutional trading volume.

See Also: Why Gold Prices Are At Record Highs And What It Means For Miners

Block Inc. SQ

Block’s stock rose by 5.18% to close at $70.30. The intraday high and low were $70.55 and $67.17 respectively, with a 52-week range of $38.85 to $87.52. The company reported first-quarter financial results that beat the analyst consensus estimate, with quarterly sales of $5.957 billion and adjusted earnings of 85 cents per share. The earnings report saw the shares rise.

Amgen Inc. AMGN

Amgen’s stock increased by 0.37% to close at $278.39. The intraday high and low were $278.63 and $274.9 respectively, with a 52-week range of $211.71 to $329.72. The company reported first-quarter financial results that beat the analyst consensus estimate, with quarterly earnings of $3.96 per share and sales of $7.45 billion. The results represent a 21.98% increase in sales from the same period last year.

Tesla Inc. TSLA

Tesla’s stock saw a slight increase of 0.06% to close at $180.1. The intraday high and low were $184.60 and $176.02 respectively, with a 52-week range of $138.8 to $299.29. The EV giant reportedly abandoned its pioneering manufacturing process, indicating a shift in strategy amid falling sales and increasing competition. The report suggests a step back from its ambitious gigacasting plan.

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

Read Next: Bitcoin’s Historical Data Suggests A Potential 99% Surge, Says Crypto Analyst: ‘Time To Buy The Dip!’

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Posted In: EquitiesNewsMarketsAmgen Inc.AppleBitcoinBlock IncCoinbaseCoinbase Global Incelectric vehiclesElon MuskEVsShivdeep DhaliwalSquareTeslaTim Cook
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