Elon's $25 Trillion Confession

Elon Musk: "Tesla will become a $25 trillion company." That would make Tesla 8x bigger than Apple today. How is that possible? He admits it's all thanks to this one AI breakthrough that will take AI out of our computer screens and manifest a 250x boom here in the real world.

Beyond Meat, Viking Therapeutics, Novavax, Baidu, Tesla: Why These 5 Stocks Are On Investors' Radars Today

Benzinga Neuro
February 27, 2024

On Tuesday, the U.S. indices exhibited a varied performance, as the S&P 500 rose by nearly 0.2% to reach 5,078.18, while the Dow Jones Industrial Average dipped by 0.25% to settle at 38,972.41. Concurrently, the Nasdaq experienced a nearly 0.4% increase, reaching 16,035.30.

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

Beyond Meat Inc (NASDAQ:BYND) saw a significant uptick, closing up 0.94% at $7.52. The company reported fourth-quarter revenues of $73.7 million, beating consensus estimates despite a year-over-year decrease. The earnings miss and business reset were key topics of discussion.

Viking Therapeutics Inc (NASDAQ:VKTX) surged 121.02% to close at $85.05 after releasing promising Phase 2 data for its weight-loss drug VK2735. The study results showed significant reductions in body weight, marking a major milestone for the company.

Novavax Inc (NASDAQ:NVAX) increased by 9.45%, closing at $6.02. Investors are keenly awaiting the company’s quarterly earnings report, with expectations set for an EPS of $-0.50. The outlook and past performance are closely watched by market participants.

Baidu Inc (NASDAQ:BIDU) rose 1.60% to end at $112.36. The company is expected to report an EPS of $2.48 in its upcoming quarterly earnings. Analysts and investors are looking forward to positive guidance and growth forecasts.

Tesla Inc (NASDAQ:TSLA) saw a modest increase of 0.17%, closing at $199.73. Speculation about a mystery buyer supporting the stock price and comments from Jim Cramer have made headlines. The company’s performance and future prospects remain a hot topic among investors.

Photo by Jirapong Manustrong on Shutterstock

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