See Why Market Patterns Can Be Misleading

Crashes always give early warning - just not on CNBC. Our free Bellwether Signal report exposes the 7 indicators that preceded every collapse since 1929. All are red today. Protecting retirement may mean shifting to gold & silver, not more stocks.

Palantir, Boeing, Lucid Group, Hims & Hers, Tesla: Why These 5 Stocks Are On Investors' Radars Today

Benzinga Neuro
May 06, 2024

On Monday, major U.S. stock indexes experienced gains, with the S&P500 closing nearly 1% higher at 5,180.74, the Dow Jones Industrial Average up almost 0.5% at 38,852.27, and the Nasdaq finishing the day with a 1.19% increase at 16,349.25.

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

Palantir Technologies Inc (NYSE:PLTR)

Palantir’s stock rose by 8.06% to close at $25.21. The intraday high and low were $25.36 and $24.03, respectively, with a 52-week range of $7.59 to $27.5. The company reported a 21% year-over-year increase in first-quarter revenue to $634 million, beating the consensus estimate.

Boeing Company (NYSE:BA)

Boeing’s shares fell by 0.80% to close at $178.35. The intraday high and low were $183.98 and $174.71, respectively, with a 52-week range of $159.7 to $267.54. The company is under a new FAA investigation related to the inspections of its 787 Dreamliner.

See Also: Tesla’s Dogecoin Adoption Sends Crypto Market Into Frenzy, Meme Coin Surges By Over 21%

Lucid Group, Inc. (NASDAQ:LCID)

Lucid’s stock surged by 9.52% to close at $3.05. The intraday high and low were $3.09 and $2.81, respectively, with a 52-week range of $2.29 to $8.37. The electric vehicle company reported first-quarter revenue of $172.7 million, beating the Street consensus estimate. Find out more here.

Hims & Hers Health Inc (NYSE:HIMS)

Hims & Hers Health’s stock increased by 3.46% to close at $11.65. The intraday high and low were $11.9 and $11.45, respectively, with a 52-week range of $5.65 to $17.16. The company reported better-than-expected first-quarter results and strong guidance. Quarterly sales came in at $278.17 million beating the analyst consensus estimate of $270.38 million.

Tesla Inc (NASDAQ:TSLA)

Tesla’s shares rose by 1.97% to close at $184.76. The intraday high and low were $187.56 and $182.2, respectively, with a 52-week range of $138.8 to $299.29. The company has reportedly laid off more employees over the weekend.

Photo by WHYFRAME on Shutterstock

Prepare for the day’s trading with top premarket movers and news by Benzinga.

Read Next: How To Earn $500 A Month From Nvidia Stock Ahead Of Q1 Earnings Report


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.


Continue Reading...

Popular

Dave Ramsey Doesn't Mess Around With Bitcoin Or Gold, Says 'I Have Three Investments' — Here's What They Are

Personal finance expert Dave Ramsey has long dismissed crypto, gold and single-stock investing, calling them risky distractions — but new research shows that his disciplined mutual fund approach may have cost him market-beating returns.

Gold's Rally Is Rewriting America's Financial Story - Ad

As inflation lingers and governments wobble, gold keeps breaking records - and U.S. supply is suddenly back in focus. One domestic gold play is riding this trend on multiple fronts.

USA Rare Earth (USAR) Stock Is Rising Today: Here's Why

Shares of USA Rare Earth, Inc. (NASDAQ: USAR) are trading higher Monday amid a wave of optimism for rare earth materials companies.

Mark Cuban Shares His Top Strategies for Protecting Wealth After Hitting Millionaire Status

Mark Cuban once disclosed his strategies for preserving wealth after becoming a millionaire. These insights could be beneficial for anyone aiming to secure their financial future.

The 7 Red Flags Wall Street Won't Talk About - Ad

All 7 historic crash signals are flashing red. Once the public notices, it's too late. Our free Bellwether Signal explains how to protect wealth - and why gold and silver have been the refuge in every crisis. Don't let your retirement go over a cliff.

Trump Ally Laura Loomer Turns on Him Over Qatar Military Base Plan, Calls It a 'Betrayal'

Laura Loomer, a staunch supporter of President Donald Trump, has voiced her dissatisfaction with the president's decision to permit a Qatari air force facility in Idaho.

Trump administration puts on hold $18 billion in funding for New York City infrastructure projects

WASHINGTON (AP) — President Donald Trump's administration said Wednesday it was putting a hold on roughly $18 billion to fund beneath the Hudson River between New York City and New Jersey and the city's expanded project because of .

On October 16, a powerful new law signed by President Trump will trigger a radical shift in America's money system... - Ad

When a small group of private companies - not the Fed - will perform a major mint of a new kind of money. And those who act before this new system fully kicks in could see gains as high as 40X by 2032. But those who fail to prepare will be blindsided by this sea change to the U.S. dollar.

LendingTree CEO and founder Doug Lebda dies in ATV accident

NEW YORK (AP) — LendingTree CEO and founder Doug Lebda died in an an all-terrain vehicle accident over the weekend, the online loaning platform said Monday.

SoundHound AI Stock Is Surging: What's Going On?

SoundHound AI Inc (NASDAQ:SOUN) shares are trading sharply higher Thursday. The stock may be benefiting from renewed investor attention to the company's recent industry recognition and strong revenue momentum.

VanEck and Kinross Both Have Their Eyes on This U.S. Gold Play - Ad

When a global fund manager and a $12B miner target the same domestic project, investors notice. Strategic deals and breakthrough drill results are fueling a surge of interest in this U.S. name.

Tesla Stock Is 'Mooning'—Thank Elon? (CORRECTED)

Tesla stock has risen approximately 152% since Musk announced he was leaving D.C., rising from $182 on May 24 to close at $459 on Oct. 1.

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as October 23rd.

GM Unveils Chevrolet Bolt EV Priced At $29K After Tesla's Budget Model Reveal

GM reveals $29k Chevrolet Bolt EV with faster charging, longer range, and new CATL batteries as company backtracks EV incentives.

A Worldwide Gold Lockdown Is Now Underway - Ad

Gold is being stockpiled worldwide - banks, nations, billionaires. This isn't "just gold." A detailed plan could impact savings, investments and even mortgages. The free broadcast breaks it down and shows what to do before it's too late.

Praxis Precision Medicines Stock Doubles - Here's Why

Praxis stock jumps after Phase 3 trials show ulixacaltamide significantly improves essential tremor symptoms and meets key efficacy endpoints.

Is This Elon's Worst Nightmare? - Ad

Elon's empire looks doomed - crashing sales, lost tax credits, and media backlash. But behind the scenes, Tesla is about to unleash a breakthrough Forbes calls a "multi-trillion-dollar opportunity." It's not the end - it's the start of a 25,000% AI comeback.

Arrest Made In Threat Against Benny Johnson; Bondi Vows Crackdown On Political Violence

Arrest made over death threat to Benny Johnson as AG Pam Bondi vows a broader crackdown on political violence amid tensions over Antifa and partisan rhetoric.

ChatGPT Says Solana's $240 Test Could Decide Its Entire Bull Run

Solana (CRYPTO: SOL) is up over 2% on Monday, with an AI-based forecast highlighting a decisive breakout test around the $240 resistance zone.

Ex-CIA Officer: New White House Plan Could Unleash Est. $2.2 TRILLION In American Wealth - Ad

Buck Sexton reveals what he believes is the president's plan to unleash an estimated $2.2 TRILLION in new wealth into an advanced form of AI over the next 10 years. As a deeply connected insider, Buck has access to literally everyone inside the president's inner circle and he says it's about to happen again right now.

Putin Stands up for Trump's Nobel Peace Prize Bid: 'Credibility Has Largely Been Lost'

Russian President Vladimir Putin has come forward in support of President Donald Trump's candidacy for the Nobel Peace Prize.

Apple iPhone 17 Pro, Pro Max Ship Times Stay Stable Globally: Analyst

Apple's iPhone 17 Pro and Pro Max maintain stable lead times globally, while the iPhone Air is widely available. Analyst maintains Buy rating with $270 price target.

America's Next Gold Rush Is Gaining Speed - Ad

Record gold prices. Major partners in Nevada and Arizona. Billions in potential resources. The next chapter in America's gold story may already be unfolding - and one U.S. company is at the center of it.

Broadcom's Big AI Move In Japan Could Slash Data Center Power Use By Half

Broadcom and NTT collaborate to develop advanced optical chips by 2026 to reduce energy demands of AI data centers.

Jensen Huang Says Nvidia Went From 95% Market Share To 0% In China: 'I Think It's A Mistake For US Not To...'

Nvidia CEO Jensen Huang said the company's China market share has plunged from 95% to zero due to U.S. export restrictions, calling it a policy mistake that risks ceding one of the world's largest AI markets to domestic Chinese rivals.

See Why Market Patterns Can Be Misleading - Ad

Crashes always give early warning - just not on CNBC. Our free Bellwether Signal report exposes the 7 indicators that preceded every collapse since 1929. All are red today. Protecting retirement may mean shifting to gold & silver, not more stocks.

From Spice Girl to fashion mogul, Victoria Beckham grabs the chance to tell her own tale

NEW YORK (AP) — Now here’s something you might not quite believe glam Spice Girl turned high-profile fashion designer: At theater school, they purposely put her in the back row. Because she was too heavy.

Gold's Rally Is Rewriting America's Financial Story - Ad

As inflation lingers and governments wobble, gold keeps breaking records - and U.S. supply is suddenly back in focus. One domestic gold play is riding this trend on multiple fronts.

Critical Metals (CRML) Stock Pulls Back After White House Denies Investment

Shares of Critical Metals Corp (NASDAQ: CRML) are off their session highs Monday after a Bloomberg report, citing a White House official, stated the Trump administration is not currently considering a deal to take an equity stake in the company. Here's what investors need to know.

Tesla offers cheaper version of its best-selling EV in bid to win back market share in a tough year

NEW YORK (AP) — Tesla announced the rollout of a new, cheaper version of its best-selling electric car on Tuesday in hopes the offering will help revive flagging sales.

The 7 Red Flags Wall Street Won't Talk About - Ad

All 7 historic crash signals are flashing red. Once the public notices, it's too late. Our free Bellwether Signal explains how to protect wealth - and why gold and silver have been the refuge in every crisis. Don't let your retirement go over a cliff.

Trump's Tariffs Could Spark US Factory Boom, Says 'The Big Short' Investor Steve Eisman: 'It's A Big Positive' In The Long Run

Investor and podcast host Steve Eisman said that while the tariffs imposed by President Donald Trump could weigh on the economy in the near term, they could set the stage for a U.S. industrial resurgence.

On October 16, a powerful new law signed by President Trump will trigger a radical shift in America's money system... - Ad

When a small group of private companies - not the Fed - will perform a major mint of a new kind of money. And those who act before this new system fully kicks in could see gains as high as 40X by 2032. But those who fail to prepare will be blindsided by this sea change to the U.S. dollar.

Patrick Zalupski's group closes on its purchase of the Tampa Bay Rays

NEW YORK (AP) — A group led by Florida-based real estate developer Patrick Zalupski closed on its purchase of the Tampa Bay Rays on Tuesday, finalizing the sale of the team from former owner Stuart Sternberg.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service