NFLX, TSM, AXP, MRNA, TSLA: Top 5 Trending Stocks Today - American Express (NYSE:AXP), Moderna (NASDAQ:MR

U.S. markets ended Thursday with mixed performance: the Dow Jones Industrial Average climbed 0.4% to 43,239.05, the S&P 500 held steady at 5,841.47, and the Nasdaq inched up by 0.04% to close at 18,373.61.

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

Netflix Inc. (NASDAQ:NFLX)

Netflix shares fell by 2.04% to close at $687.65. The streaming giant reported third-quarter revenue of $9.825 billion, a 15% increase year-over-year, beating the Street consensus estimate. The streamer added 5.07 million paid subscribers, bringing its total to 282.72 million. Earnings per share also exceeded estimates, while ad-supported plans represented over 50% of new sign-ups. The company is projecting further revenue growth and strong content releases in the fourth quarter.

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM)

TSMC shares soared by 9.79% to close at $205.84. The company reported consolidated third-quarter revenue of NT$759.69 billion ($23.50 billion), up 39% year-over-year, beating consensus estimates. The strong demand for advanced processor node technologies used in AI applications contributed to the impressive results.

American Express Co. (NYSE:AXP)

American Express shares rose by 1.46% to close at $285.78. The company is set to report its third-quarter earnings on Oct. 18, with Wall Street expecting $3.80 in earnings per share and $16.67 billion in revenues. The stock is up 84.29% over the past year, and 51.1% year-to-date.

Moderna Inc. (NASDAQ:MRNA)

Moderna shares dropped by 4.59% to close at $54.82. The company is facing a patent infringement lawsuit from Northwestern University, alleging that Moderna used the university's lipid nanoparticle (LNP) technology without permission to develop its COVID-19 vaccines. The lawsuit claims that the development of Moderna's COVID-19 vaccine, Spikevax, depended on key technological advancements made at Northwestern.

Tesla Inc. (NASDAQ:TSLA)

Tesla shares slipped by 0.20% to close at $220.89. The company has promoted several executives, including Wes Morrill, Milan Kovac, and Ashok Elluswamy, over the past few weeks. Omead Afshar is now a vice president in charge of sales and manufacturing, with senior executives in North America and Europe reporting to him.

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