The AI Blind Spot in Banking

Banks thought AI would solve compliance. Instead, it's made the problem worse. One breakthrough platform is cutting costs in half while securing every flow.

Alibaba, Nvidia, Riot Platforms, Celsius Holdings, Tesla: Why These 5 Stocks Are On Investors' Radars Today

Benzinga Neuro
October 07, 2024

On Monday, major U.S. indices saw declines, with the Dow Jones Industrial Average slipping 0.9% to 41,954.24, while the S&P 500 dipped nearly 1% to 5,695.94. The Nasdaq dropped 1.2% to 17,923.90.

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

Alibaba Group Holding Limited (NYSE:BABA)

Alibaba’s stock rose by 2.61% to close at $117.52. The stock reached an intraday high of $117.82 and a low of $113.37. Its 52-week high and low are $117.82 and $66.63 respectively. Alibaba’s stock continued to rise as China announced its stimulus plans last week, which included a cut in banks' reserve requirement ratio and a decrease in the seven-day reverse repurchase rate.

Nvidia Corp (NASDAQ:NVDA)

Nvidia’s stock increased by 2.24% to close at $127.72. The stock hit an intraday high of $130.64 and a low of $124.95. Its 52-week high and low are $140.76 and $39.23 respectively. Nvidia’s GPU revenue could be at risk as China prioritizes domestic AI chips.

See Also: Len Sassaman Is Bitcoin Creator Satoshi Nakamoto In HBO Documentary? Polymarket Punters See High Probability

Riot Platforms Inc (NASDAQ:RIOT)

Riot Platforms’ stock surged by 3.95% to close at $8.16. The stock reached an intraday high of $8.52 and a low of $7.9. Its 52-week high and low are $18.75 and $6.36 respectively. The company’s CEO expressed interest in AI opportunities while maintaining a focus on Bitcoin (CRYPTO: BTC) mining.

Celsius Holdings Inc. (NASDAQ:CELH)

Celsius Holdings’ stock fell by 4.73% to close at $28.82. The stock hit an intraday high of $30.42 and a low of $28.79. Its 52-week high and low are $99.62 and $28.79 respectively. Celsius shares dropped to new 52-week lows on Monday as the company faces slowing growth trends and weaker consumer spending. Analysts have downgraded the stock, with PepsiCo scaling back orders, contributing to further declines. Despite the stock's downturn, Celsius announced the launch of two new flavors under its Essentials line, expected in early 2024.

Tesla, Inc. (NASDAQ:TSLA)

Tesla’s stock dropped by 3.70% to close at $240.83. The stock reached an intraday high of $249.83 and a low of $240.7. Its 52-week high and low are $271 and $138.8 respectively. Investors are eagerly awaiting Tesla’s “We, Robot” event scheduled for Thursday.

Photo by WHYFRAME on Shutterstock

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

Read Next:

  • Dow Jumps Over 300 Points As Tesla, Amazon And Netflix Record Gains: Investor Optimism Improves, Fear Index Remains In ‘Greed’ Zone

This story was generated using Benzinga Neuro and edited by Shivdeep Dhaliwal

Continue Reading...

Popular

US orders Delta and Aeromexico to dissolve their partnership over fairness concerns in Mexico

U.S. Transportation Secretary Sean Duffy is following through on to force Delta and Aeromexico to dissolve their longtime partnership because of his concerns that Mexico isn't being fair to U.S. airlines.

Donald Trump Calls For Soros To Be Imprisoned: 'He's A Bad Guy'

President Trump has advocated for the imprisonment of billionaire Democratic donor George Soros.

The $25M Contract Nobody Is Talking About - Ad

One deal alone covers the entire valuation of this overlooked stock. And more contracts are already stacking up in Europe and the US.

Ford to drop up to 1,000 jobs at German plant as demand for electric cars in Europe lags forecasts

FRANKFURT, Germany (AP) — Ford Motor Co. said Tuesday it would cut up to 1,000 jobs at its electric auto plant in Cologne, Germany due to lower than expected demand for battery-powered cars.

Nio, Rivian, Moderna, Meta And Bitmine Immersion: Why These 5 Stocks Are On Investors' Radars Today

On Tuesday, U.S. markets slipped, with the Dow Jones Industrial Average falling about 0.3% to 45,757.90, the S&P 500 retreating 0.1% to 6,606.76, and the Nasdaq edging down 0.07% to 22,333.96.These are the top stocks that gained the attention of retail traders and investors throughout the day.

The Next Palantir Moment Could Be Here - Ad

A $21M market cap company is landing multimillion-dollar contracts with banks and governments. With only 9.7M shares in the float, scarcity could spark explosive moves.

Cathie Wood, Dan Ives Align On These 11 AI Stock Picks — Some Might Surprise You

Cathie Wood and Dan Ives have 11 stocks in common across ETFs. A look at the AI stocks the two key figures are betting on.

Bill Ackman Promises $1 Million Fund To Support Charlie Kirk's Family And Matches Contribution To Help FBI Catch His Killer

Following the assassination of conservative political activist Charlie Kirk, billionaire investor Bill Ackman has pledged to create a $1 million endowment for Kirk's family alongside a contribution to FBI reward.

The Roadmap to $100M+ Revenue - Ad

Recurring deals, Tier-1 banks, and expansion into new markets put this company on track to triple revenue by 2026. Yet the market cap is still just $21M.

Frank's Founder Charlie Javice Accepts Responsibility For $175M Fraud Ahead Of Sentencing

Charlie Javice, the founder of the financial advisory startup Frank, has admitted to defrauding JPMorgan Chase to the tune of $175 million.

This Gold Miner Has the Map, the Metal, and the Momentum - Ad

JPMorgan is forecasting that gold will push past $4,000, and this Nevada operation is positioned to benefit. Historical estimates show its property could hold around 1.8 million ounces of measured and indicated gold, backed by infrastructure and billionaire investors. The company's already producing, refining gold onsite and looking to expand. That's not a dream-stage story-that's a head start.

Bill Ackman Has 70% Of His Portfolio Invested In These 5 Stocks: Here's What Q2 13F Filings Show

Discover how Bill Ackman invested ~70% of his $13.7M portfolio in 5 stocks like UBER & AMZN per Q2 2025 13F filings. Explore top holdings now!

Trump Trying To 'Take Over The Fed,' Says Elizabeth Warren: Turkey, Argentina And Nixon-Era Serve As Cautionary Tales, Warns Senator

Sen. Elizabeth Warren (D-Mass.) accused President Donald Trump of attempting to undermine the independence of the Federal Reserve, warning that such a move could spark inflation, driving up costs substantially for American families.

Analysts Project This Stock Could Jump to $14 a Share. You Can Still Invest for $3.50. - Ad

The AI company making heart disease easier to detect is offering investors $3.50 investment units that include one convertible preferred share and one warrant, providing investors with access to 2 common shares. Based on analyst 1- year projections, that amounts to a near-term 500% return potential.

Carney Cuts The Red Tape, Unveils Over $43 Billion In Flagship Projects

PM Mark Carney announces first projects to be reviewed by Canada's new Major Projects Office, aiming to cut red tape and attract investments.

NTSB describes the turbulence that threw passengers around the cabin on a Delta flight

Passengers who weren't buckled aboard a Delta Air Lines flight to Europe would have been violently thrown into the ceiling and back down to the floor in July in a thunderstorm over Wyoming, according to a new report on the incident.

Gold Alert: Extraordinary Upside in One Stock (Not a Miner) - Ad

Gold has hit all-time highs, breaking $3,600 an ounce - but history shows it could be on the verge of its biggest bull run in over half a century... triggered by a likely major event, eerily similar to what happened in the 1970s. (It's NOT inflation or anything you're likely expecting.) Now, a top analyst says you can capture ALL of the upside without touching a risky miner or a boring exchange-traded fund. He sees extraordinary potential gains long term with very little risk.

Qualcomm And Valeo Broaden Collaboration To Speed Hands Off Driving Features

Qualcomm and Valeo partner to launch ADAS and AD solutions, integrating Snapdragon Ride SoC and software stack with Valeo's sensors and systems.

Scarcity Meets Momentum - Ad

With insiders and institutions holding most of the float, just 9.7M shares are truly available. New contracts could ignite moves that Wall Street can't ignore.

South Korea president says Korean companies will hesitate to invest in US without better visa system

SEOUL, South Korea (AP) — South Korea’s president said Thursday that South Korean companies will likely hesitate to maintain or make direct investments in the United States if the U.S. fails to for Korean workers.

Bill Gates Backs Utah Geothermal Plant As Fervo Energy Targets 500 MW Capacity At Cape Station

Bill Gates and Breakthrough Energy support Fervo Energy's Cape Station project, aiming to generate 500 MW of geothermal power.

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.

Trump Administration Presses Appeals Court To Oust Fed Governor Lisa Cook Before Key FOMC Meeting

The Trump administration on Thursday urged the Federal Appeals Court to allow the firing of Federal Reserve Governor Lisa Cook to take effect before the central bank's interest rate-setting meeting next week.

BrilliA Inc Soars Over 87% After Hours Following Cash Dividend Announcement

BrilliA Inc. shares soared 86.73% in after-hours trading Wednesday after announcing a cash dividend.

[Revealed] Trump's Next AI Executive Orders? - Ad

A White House insider with direct ties to Trump's inner circle just revealed what he calls "Manhattan II" - a potential $2.2 trillion AI initiative set to launch as soon as Oct 15. He says this could mirror past U.S. projects that minted fortunes - with small firms soaring 5,000% to 10,000% over two decades. And now he's giving away his #1 stock pick for free before the deadline.

Redwire Expands With New Space Defense Facility In Albuquerque

Redwire Corp (RDW) shares rose after announcing the opening of a 15,000 sq ft facility in Albuquerque to accelerate development of space-based defense systems.

Nestlé dismisses CEO due to an inappropriate relationship with a subordinate

Swiss food giant Nestlé said Monday it dismissed its CEO Laurent Freixe due to an inappropriate relationship with a subordinate.

The AI Blind Spot in Banking - Ad

Banks thought AI would solve compliance. Instead, it's made the problem worse. One breakthrough platform is cutting costs in half while securing every flow.

Ukrainian drones strike one of Russia's top oil refineries, sparking fire

Ukrainian drones overnight struck one of Russia’s largest oil refineries, sparking a fire, according to Russian officials and Ukraine’s military.

The $25M Contract Nobody Is Talking About - Ad

One deal alone covers the entire valuation of this overlooked stock. And more contracts are already stacking up in Europe and the US.

Explosions heard in Lithuania's capital after railcars loaded with liquefied gas catch fire

VILNIUS, Lithuania (AP) — Powerful explosions were heard in the suburbs of Lithuania's capital Wednesday morning after several railcars loaded with liquefied gas caught fire, authorities said.

Koch family agrees to buy a 10% stake in the NFL's New York Giants, AP source says

The Koch family has agreed to purchase a 10% stake of the NFL's New York Giants, according to a person familiar with the deal.

The Next Palantir Moment Could Be Here - Ad

A $21M market cap company is landing multimillion-dollar contracts with banks and governments. With only 9.7M shares in the float, scarcity could spark explosive moves.

Elizabeth Warren Suppprts Bipartisan Bill To Ban Individual Stock Trading By Lawmakers: 'It's About Time'

Sen. Elizabeth Warren (D-Mass.) is lauding a new bipartisan effort to ban members of Congress from trading individual stocks, calling the move long overdue.

NextEra Energy Eyes A Nuclear Revival

NextEra Energy plans to bring the Duane Arnold nuclear plant back online as major tech companies seek more nuclear energy.

The Roadmap to $100M+ Revenue - Ad

Recurring deals, Tier-1 banks, and expansion into new markets put this company on track to triple revenue by 2026. Yet the market cap is still just $21M.

Jim Cramer: Sell Chime, Get This Buy Now Pay Later Stock Instead

Chime Financial, on Aug. 22, announced a strategic partnership with Workday to advance financial wellness in the workplace.

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