Skip to main content

Market Overview

Microsoft, Amazon, Alphabet, Tesla, Snap: Top 5 Trending Stocks Today

Share:
Microsoft, Amazon, Alphabet, Tesla, Snap: Top 5 Trending Stocks Today

U.S. stocks ended in the green on Tuesday, with the Nasdaq Composite rising more than 80 points. The Dow traded up 0.08% to 35,438.07 while the NASDAQ rose 0.61% to 14,144.56. The S&P 500 also rose, gaining 0.28% to 4,567.46.

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

Microsoft Corporation (NASDAQ:MSFT)
Microsoft closed the day with a 1.70% increase at $350.98, with an intraday high of $351.89 and a low of $345.07. The 52-week high and low are $366.78 and $213.43 respectively. The technology giant reported fourth-quarter revenue of $56.2 billion, up 8% year-over-year, beating the Street consensus estimate. The company also reported earnings per share of $2.69, ahead of a Street estimate of $2.55. Microsoft Cloud quarterly revenue hit $30.3 billion, up 21% year-over-year.

Amazon.com, Inc. (NASDAQ:AMZN)
Amazon saw a slight increase of 0.26% to close at $129.13. The stock reached an intraday high of $129.58 and a low of $128.53. The 52-week high and low are $146.57 and $81.43 respectively. Amazon recently reduced the purchase consideration for the Roomba maker’s takeover by 15%.

Alphabet Inc. (NASDAQ:GOOG)
Alphabet’s Class A Stock (NASDAQ:GOOGL) closed 0.56% higher at $122.21 on Tuesday. The company’s Class C stock (GOOG) rose by 0.75% to close at $122.79. The intraday high was $123.69 and the low was $121.53. The 52-week high and low are $129.55 and $83.45 respectively. Alphabet reported second-quarter revenue of $74.604 billion, a 7% increase year-over-year, beating the consensus estimate. The company also reported quarterly earnings of $1.44 per share, beating analyst estimates. Alphabet also announced a CFO transition, with Ruth Porat assuming the newly created role of president and CIO, effective Sept. 1.

Tesla, Inc. (NASDAQ:TSLA)
Tesla’s stock fell by 1.40% to close at $265.28. The intraday high was $272.9 and the low was $265. The 52-week high and low are $314.67 and $101.81 respectively. Tesla CEO Elon Musk announced that the company is in preliminary talks with a major automaker to license its Full Self-Driving (FSD) technology. Tesla enthusiasts are speculating that Ford Motor Company might be the “major OEM” Musk mentioned.

Snap Inc. (NYSE:SNAP)
Snap’s stock decreased by 1.42% to close at $12.51. The intraday high was $12.67 and the low was $12.35. The 52-week high and low are $13.89 and $7.33 respectively. Snap reported second-quarter revenue of $1.07 billion, down 4% year-over-year, but ahead of a Street consensus estimate. The company also reported a loss of two cents per share, beating a Street estimate of a loss of four cents per share. Snap ended the second quarter with 397 million daily active users, up 14%

Photo Courtesy: Shutterstock.com


Engineered by Benzinga Neuro, Edited by
Shivdeep Dhaliwal


The GPT-4-based Benzinga Neuro content generation system exploits the extensive Benzinga Ecosystem, including native data, APIs, and more to create comprehensive and timely stories for you.
Learn more.


 

Related Articles (AMZN + TSLA)

View Comments and Join the Discussion!

Posted-In: Alphabet Inc Amazon Amazon.com Inc. cloud computingEquities News Markets Media

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com