The U.S. stock market saw a positive day with the Nasdaq gaining around 1.2%, closing at 21,169.42. The S&P 500 also rose by 0.7% to 6,345.06, while the Dow Jones Industrial Average increased by 0.2% to 44,193.12.
These are the top stocks that gained the attention of retail traders and investors throughout the day.
Trending Investment Opportunities
Apple Inc. AAPL
Apple’s shares climbed 5.10%, closing at $213.28. The stock hit an intraday high of $215.38 and a low of $205.59, with a 52-week range of $169.21 to $260.09. The shares rose 2.8% to $219.26 in the after-hours trading. The rise followed reports of a significant investment commitment announcement at the White House. Tim Cook announced a $100 billion commitment to U.S. investments on Wednesday. President Donald Trump said companies like Apple would not be subject to the 100% tariffs he is considering on semiconductor imports.
Airbnb Inc. ABNB
Airbnb’s stock edged up 0.42% to close at $130.50, reaching an intraday high of $131.29 and a low of $128.30. The 52-week range stands at $99.89 to $163.93. In the after-hours trading, Airbnb stocks declined 5.9% to $122.74. The decrease came after Airbnb reported a 13% rise in second-quarter revenue to $3.1 billion, surpassing analyst estimates. Earnings per share also beat expectations, coming in at $1.03 compared to the anticipated 93 cents. The company said it was “mindful” of a tougher year-over-year comparison toward the end of the quarter.
Taiwan Semiconductor Manufacturing Co. TSM
TSMC shares fell 0.47%, closing at $231.37, with an intraday high of $232.20 and a low of $228.82. The 52-week range is $134.25 to $248.28. The stock rose 2.65% to $237.50 in after-hours trading. The decline during the regular trading followed President Trump’s announcement of a $300 billion investment by TSMC in Arizona, aimed at boosting U.S. chip production. Trump hinted at new tariffs to further encourage domestic manufacturing.
AppLovin Corp. APP
AppLovin’s stock rose 3.34% to $390.57, with an intraday high of $393.45 and a low of $378.36. The 52-week range is $66.16 to $525.04. The stock fell sharply by 5.2% to $370.25 in the after-hours trading. Despite a miss on revenue, AppLovin reported better-than-expected earnings per share for the second quarter. Revenue came in at $1.26 billion for the period, which beat analyst estimates of $1.31 billion.
DraftKings Inc. DKNG
DraftKings shares increased by 0.93%, closing at $45.36. The stock reached an intraday high of $45.92 and a low of $44.70, with a 52-week range of $29.29 to $53.61. The shares rose 6.2% in the after-hours trading to $48.18. The rise followed the company’s announcement of record revenue and net income for the second quarter, along with hints at a new prediction market.
Benzinga’s Edge Stock Rankings indicate Apple stock fares poorly on Short, Medium and Long Price Trends. How does rival Microsoft compare?
Prepare for the day’s trading with top premarket movers and news by Benzinga.
Photo Courtesy: Supawat Bursuk on Shutterstock.com
Read Next:
This story was generated using Benzinga Neuro and edited by Shivdeep Dhaliwal
Great Job Shivdeep Dhaliwal & the Team @ Benzinga – Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals Source link for sharing this story.
