1 day Ago By Benzinga Neuro
Major U.S. indices closed mixed on Tuesday, as the Dow Jones Industrial Average slipped 0.
3% to 43,268.94, while the S&P 500 added 0.4% to reach 5,916.
98. The Nasdaq rose nearly 1%, finishing at 18,987.47.
Nvidia Corporation NVDA closed the day with a 4.89% gain at $147.01, after reaching an intraday high of $147.
13 and a low of $140.99. The stock’s 52-week high and low are $149.
76 and $45.01, respectively. According to Wedbush analyst Dan Ives , Nvidia is set to dominate as major tech players ramp up their capital expenditures on artificial intelligence.
MicroStrategy Inc. MSTR saw its shares rise by 11.89% to close at $430.
54. The stock hit an intraday high of $449 and a low of $381, with a 52-week range of $449 to $43.89.
The surge came after Benchmark raised its price target following the company’s announcement of plans to buy more Bitcoin BTC/USD . See Also: Cathie Wood Draws Reagan-Era Parallels As Elon Musk Takes DOGE Helm: ‘This Bull Market Has Just Begun To Broaden Out’ Archer Aviation Inc . ACHR surged 16.
33% to close at $5.13, with an intraday high of $5.15 and a low of $4.
33. The stock’s 52-week high and low are $7.02 and $2.
82, respectively. Needham’s Chris Pierce initiated coverage on Archer Aviation with a Buy rating and a price target of $11 Joby Aviation Inc. JOBY ended the day with a 12.
83% gain at $6.33. The stock reached an intraday high of $6.
33 and a low of $5.58. Its 52-week high and low are $7.
69 and $4.5, respectively. According to Needham analyst Pierce, the company is well-positioned to capture early air taxi market share, thanks to its partnership with Uber and focus on software.
Tesla Inc. TSLA closed the day with a 2.14% gain at $346.
The stock hit an intraday high of $347.38 and a low of $332.75.
The 52-week high and low are $358.64 and $138.8, respectively.
Tesla’s sales in China are gaining momentum , despite trailing behind Chinese EV maker BYD Co Ltd. Prepare for the day’s trading with top premarket movers and news by Benzinga. Read Next: Peter Schiff Pokes Fun Of MicroStrategy’s Bitcoin Purchase: ‘Michael Saylor Is Gonna Need A Bigger Plan’ This story was generated using Benzinga Neuro and edited by Shivdeep Dhaliwal © 2024 Benzinga.
com. Benzinga does not provide investment advice. All rights reserved.
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