Why Is This "Hidden" Stock So Important to the US Government?

After blocking a $40B buyout from NVIDIA, the U.S. quietly let this chip firm IPO. Why? Because it's now seen as a national security asset - and a critical AI supplier. As tensions with China rise, its value to the West is skyrocketing.

Nvidia, Zoom, C3.ai, Palantir, Tesla: Why These 5 Stocks Are On Investors' Radars Today

Benzinga Neuro
November 20, 2023

U.S. stocks showed a positive trend on Monday. The Dow Jones index rose 0.6% to 35,151.04, while the Nasdaq gained 1.13% to 14,284.53. The S&P 500 ended the day higher by 0.74% at 4,547.38.

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

Nvidia Corporation (NASDAQ:NVDA)

Nvidia’s stock closed at a 2.28% increase, reaching $504.2 with an intraday high of $505.48 and a low of $491.81. The 52-week range for NVDA is between $138.84 and $505.48. The company’s collaboration with L&T Technology Services and SandboxAQ, along with the Gates Foundation’s investment, has bolstered its market position.

Zoom Video Communications, Inc. (NASDAQ:ZM)

Zoom’s shares rose by 2.93%, closing at $66. The stock hit a high of $66.08 and a low of $64.48, with a 52-week range of $58.87 to $85.13. The company’s third-quarter earnings beat and an upbeat outlook have driven positive investor sentiment.

C3.ai, Inc. (NYSE:AI)

C3.ai experienced a 4.33% decline, closing at $28.04. The stock fluctuated between $27.34 and $31.7, with its 52-week range being $10.16 to $48.87. C3.ai’s anticipation of its second-quarter financial results and the recent shake-ups in AI-related companies have kept it in the spotlight.

Palantir Technologies Inc. (NYSE:PLTR)

Palantir’s stock saw a 4.15% increase, ending the day at $21.34. It reached a high of $21.6 and a low of $20.56, with a 52-week range of $5.92 to $21.6. The company’s new 52-week high and the growing interest in AI-related stocks have contributed to its performance.

Tesla, Inc. (NASDAQ:TSLA)

Tesla’s shares slightly rose by 0.55%, closing at $235.6. The stock’s intraday high was $237.1, and the low was $231.02, with a 52-week range of $101.81 to $299.29. The anticipation surrounding the Cybertruck’s showroom appearances has kept Tesla in the news.

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