AI Warning: A Strange Force Overtakes U.S. Stocks

As AI stocks stumble/swing, Whitney Tilson just went on camera once again with his latest crash warning. If you have money in a single stock right now -- especially a tech stock -- you need to see what he's calling for today.

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

Facebook and Instagram users in Europe can opt for less personalized ads

LONDON (AP) — Facebook and Instagram users in Europe will get the option to see less personalized ads if they don't want to pay for an , social media company Meta said Tuesday, bowing to pressure from Brussels over digital competition concerns.

Boeing says it will take several weeks to resume production of planes after the strike

Boeing says it will be several weeks before it fully resumes building passenger planes, as factory workers return that lasted nearly two months.

Elon Musk: "AI Will Run Out of Electricity ... in 2025" - Ad

This AI boom is going to push America's power grid to the brink... Elon Musk even recently said that AI could run out of electricity by 2025. This crisis may just reveal one of the greatest investment ideas we are ever going to find. My research has recently uncovered two companies that could make a massive difference today.

Elon Musk Want His 11 Kids, Their Mothers To Live In Secret Compound He Bought, New Report Says

Elon Musk could be building a new family compound made up of several mansions to house his children and their mothers, according to a new report.

Bill Gates' Mysterious New AI Project Revealed - Ad

Tech expert Jeff Brown uncovers Bill Gates' latest AI project, Stargate, which Forbes claims could reshape everything we think we know about our world.

Michael Wolff On Donald Trump-Jeffrey Epstein Relationship

Michael Wolff has brought to light a series of claims about the relationship between Donald Trump and Jeffrey Epstein.

One Tech Tip: How to prepare your online accounts in case you die

LONDON (AP) — Most people have accumulated a pile of data — selfies, emails, videos and more — on their social media and digital accounts over their lifetimes. What happens to it when we die?

Why Trump's Victory Could Fuel the Next AI Surge - Ad

Louis Navellier, tech investor and market veteran, believes Trump's return will drive a second AI boom. Get the top six stocks he recommends before they skyrocket.

Court approves Tupperware's sale to lenders, paving way for brand's exit from bankruptcy

NEW YORK (AP) — A U.S. bankruptcy judge approved a sale of on Tuesday, paving the way for the iconic food-shortage company to soon exit and continue offering its products while undergoing a hoped-for revitalization.

Trump's Billionaire Ally Plans To Join Elon Musk's DOGE If Named Treasury Secretary, Recommends Elimination Of These Subsidies

John Paulson, a billionaire investor and a close ally of former President Donald Trump, has revealed his plans to work with Elon Musk on substantial federal spending cuts if he were to be appointed

Proof Gold Could Hit $3K in 2025 - Ad

Stansberry Research just released a brand-new warning for what they believe will happen to gold in 2025. Even the most prepared Americans - including many retirees - could be blindsided by what's about to happen.

Researchers say an AI-powered transcription tool used in hospitals invents things no one ever said

SAN FRANCISCO (AP) — Tech behemoth OpenAI has touted its artificial intelligence-powered transcription tool Whisper as having near “human level robustness and accuracy.”

Which Industries Have The Highest Cannabis Consumption At Work? New Data Has Answers

Explore the latest CDC analysis on workplace cannabis use across industries. Discover which sectors are driving this trend!

What Trump 2025 Means for Military Stocks - Ad

A recently tested new superweapon could defeat China and restore our nation's global dominance... And I predict it could send 5 military stocks soaring. But it gets much bigger... This one controversial move by President Trump could make this wealth-building opportunity bigger. You will not want to miss out this time.

Drugmaker Eli Lilly walks back 2024 forecast after 3Q earnings miss

AP Health Writer (AP) — Eli Lilly is dialing back its 2024 forecast after underwhelming Wall Street with third-quarter earnings and sales from two key drugs that missed expectations.

Iranian Hackers Leak Stolen Emails From Trump's 2024 Campaign Ahead Of Nov. 5 Election: Report

The hacking group, identified as Mint Sandstorm or APT42, was previously indicted by the U.S. Justice Department for alleged election interference.

The Only Defense Stock You Should Be Watching - Ad

In multiple wargames, U.S. forces were overwhelmed and unable to stop Chinese amphibious assaults from seizing the island. With tensions at a boiling point, the economic fallout could be devastating. Get the details on the weapons makers set to boom if war breaks out.

Sumitomo Rubber closing western New York tire plant and cutting 1,550 jobs

TONAWANDA, N.Y. (AP) — Sumitomo Rubber announced Thursday it will close its western New York tire manufacturing plant and eliminate all 1,550 union and salaried jobs.

Ardelyx Beats Q3 Sales Estimates, Shares Climb

Ardelyx reported its third-quarter results after Thursday's closing bell. Here's a look at the details from the report:

The 20 Year Bull Market Is Here - And This Tiny Company Holds the Keys - Ad

Without vast amounts of energy, AI will NEVER scale. Microsoft, Tesla and Google are all begging for more. Even signing multi-decade deals to secure private sources of this powerful energy to fuel their data centers.. Best of all, a company with quite possibly the most potential in this sector trades for less than $1...

AMD Making 'Great Progress' With AI Giants: Jim Cramer Says AI Chip Story Is 'Not Just Jensen Huang'

Although Nvidia has dominated the AI chip market to date, Advanced Micro Devices CEO Lisa Su believes AMD will continue to see significant growth in the AI space — and she's not alone.

The Best Post-Election Meme Coins? Not Dogecoin, Not Shiba Inu, But Cats And AI, Traders Say

Pseudonymous crypto trader Nachi has voiced strong confidence in Donald Trump winning the presidential election, resulting in a bullish outlook for AI-driven meme coins, particularly Goatseus Maximus (CRYPTO: GOAT).

Wall Street Insider Issues Crash Prediction - Ad

As AI stocks stumble/swing, Whitney Tilson just went on camera once again with his latest crash warning. If you have money in a single stock right now -- especially a tech stock -- you need to see what he's calling for today.

A Republican Sweep Might Be The Most Inflationary Election Outcome, Economists Warn

Economists warn of high inflation if Republicans win, due to tariffs, budget deficit and immigration policies.

Astera Labs Stock Is Ripping Higher Today: What's Going On?

Astera Labs Inc. (NASDAQ: ALAB) shares are trading higher Tuesday after the company posted strong third-quarter financial results. Here's what you need to know.

Tesla Execs Are Freaking Out - Ad

You might not believe what you're about to see is real, but I assure you the video has been left unedited. It's so revolutionary that tech giants like Microsoft, Amazon, and NVIDIA are all lining up to get their hands on it. And Elon Musk has completely restructured Tesla to chase this opportunity.

US Steel Reports Better-Than-Expected Q3 Results, Aims To Close Nippon Steel Deal By Year End

U.S. Steel reported its third-quarter results after Thursday's closing bell. Here's a look at the details from the report.

Shytoshi Kusama Touts Shiba Inu Lifetime Gains Of 33774726%: 'We Still Have Far To Go And Much Work To Be Done'

Shytoshi Kusama, the mysterious lead of the Shiba Inu (CRYPTO: SHIB) ecosystem, highlighted the coin’s impressive growth since its launch and the work ahead to gain further recognition.

November 18th - The Biggest Crypto Event in History - Ad

According to the man who called every major market top and bottom for the last 29 years... A single event triggering on November 18th will send the crypto market soaring. But what's more exciting... is that this event could send a small sector of the crypto market soaring 5X, 25X, and even 100X higher in just days.

Apple, Microsoft And 3 Stocks To Watch Heading Into Thursday

With U.S. stock futures trading lower this morning on Thursday, some of the stocks that may grab investor focus today are as follows:

Jim Cramer Warns Apple Stock Should Have 'Never Been Up That Much' After Q3 Earnings Even As This Analyst Defends iPhone 16 Launch

Jim Cramer argued that Apple's stock was overhyped prior to its forecast cut, suggesting the market is now more "reasonable," while Wedbush analyst Dan Ives praised Apple's strong iPhone 16 launch.

The Mysterious VC Firm Behind Nvidia's Secret Weapon - Ad

In 1999, Sutter Hill Ventures made a bold bet on Nvidia before anyone had heard of it. Now, they're going all-in on Nvidia's hush-hush partner that's powering their new Blackwell chip. Discover the little-known company that's attracting massive investments from the visionaries behind Nvidia's 100,000% rise.

Nuclear Stocks Are Tumbling Monday: What's Going On?

Nuclear stocks are trading lower across the board on Monday after regulators rejected Talen Energy Corp's (NASDAQ:TLN) plans to increase power for an Amazon.com Inc (NASDAQ:AMZN) data center.

UK Drug Deaths Reach Historic Highs As Advocates Urge Reform, Harm Reduction Policies

UK drug-related deaths hit record highs in 2023, sparking urgent calls for policy reform and harm reduction to combat this escalating crisis.

The Centerpiece of Trump's Crypto's Masterplan... - Ad

Donald Trump wants to be America's first crypto president. He even made Bitcoin a key plank in the Republican party platform. But there's a special coin that neither Trump nor Vance had mentioned on the campaign trail. I believe it could be the centerpiece of Trump's "Project Crypto."

What's Going On With Oklo Stock Tuesday?

Oklo Inc. (NYSE:OKLO) shares are moving lower on Tuesday, pulling back from a recent surge in which several nuclear stocks rallied for multiple trading sessions. Despite the pullback, Oklo shares are still up approximately 175% over the past month. Here's what you need to know.

Jim Cramer Says Mark Zuckerberg Has 'Your Brain' As Meta Pours Billions Into Global Domination Strategy

Jim Cramer highlighted Meta CEO Mark Zuckerberg's unique marketing abilities, suggesting Zuckerberg's focus on dominance and precision targeting can create global impact, as Meta's strong Q3 earnings exceeded expectations despite some stock volatility.

$2 Trillion Disappears Because of Fed's Secretive New Move - Ad

$2 trillion has disappeared from the US government's books. The reason why is a new, secretive move being carried out by the Fed that has nothing to do with lowering or raising interest rates. According to Dan Ferris, you should consider moving money to a unique "escape" investment right away.

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