PASSIVE INCOME (by this evening)

Hey, I have an unique opportunity for those looking for additional ways to earn income right now. It can be done from home. You can do it in your spare time. And it only takes 6 clicks and as little as $50.

Arm Holdings, Robinhood, Airbnb, Shopify, Tesla: Why These 5 Stocks Are On Investors' Radars Today

Benzinga Neuro
May 08, 2024

Wednesday witnessed a varied performance across major U.S. indices. The S&P 500 closed the day steady at 5,187.67, while the Nasdaq experienced a slight decline of nearly 0.2%, settling at 16,302.76. On the other hand, the Dow Jones Industrial Average saw a positive movement, climbing 0.4% to reach 39,056.39.

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

ARM Holdings Plc (NASDAQ:ARM)

The chipmaker’s shares fell by 1.60% to close at $106.07. The stock’s intraday high was $109.94, and it hit a low of $104.65. The 52-week high stands at $164, and the 52-week low is $46.50. ARM Holdings reported better-than-expected fourth-quarter results, with earnings of 36 cents per share, beating the analyst consensus estimate of 30 cents by 20%.

Robinhood Markets Inc (NASDAQ:HOOD)

Robinhood’s stock dipped by 0.78% to close at $17.85. The stock’s intraday high was $17.94, and it hit a low of $17.37. The 52-week high stands at $20.55, and the 52-week low is $7.91. The trading platform reported record first-quarter revenue of $618 million, up 40% year-over-year, beating the Street consensus estimate.

Airbnb Inc (NASDAQ:ABNB)

Airbnb’s shares fell by 1.20% to close at $157.90. The stock’s intraday high was $158.62, and it hit a low of $155.84. The 52-week high stands at $170.1, and the 52-week low is $103.55. The company reported an 18% year-over-year increase in first-quarter revenue to $2.14 billion, beating the consensus estimate.

Shopify Inc (NYSE:SHOP)

Shopify’s stock plunged by 18.59% to close at $62.73. The stock’s intraday high was $64.20, and it hit a low of $60.64. The 52-week high stands at $91.57, and the 52-week low is $45.5. The company reported a 23% year-over-year growth in the first-quarter revenue to $1.86 billion, beating the consensus estimate.

Tesla Inc (NASDAQ:TSLA)

Tesla’s shares slid by 1.74% to close at $174.72. The stock’s intraday high was $176.06, and it hit a low of $170.15. The 52-week high stands at $299.29, and the 52-week low is $138.8. The company’s shares fell following reports that U.S. prosecutors are investigating whether Tesla misled investors and customers about its self-driving technology.

Photo by WHYFRAME on Shutterstock

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

Read Next: Xi Jinping Says He Would ‘Never Forget’ NATO’s Bombing Of Chinese Embassy 25 Years Ago: ‘Will Never Allow Such Tragic History To Repeat Itself’


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

Buy This Next Gen Crypto Before Its Big Upgrade - Ad

Experts predict this one crypto will soar 7,200% by the end of the decade... and grow 20X bigger than bitcoin. But you must get in before it's big.

2024 NFL Schedule Unpacked: Media Partners Win, Taylor Swift Tour Dates Considered, New Betting Odds And More

Media companies could continue to win big with NFL rights deals. A look at the key primetime 2024 NFL games and betting odds to win Super Bowl LIX.

Elon's New A.I. Device is About to Shock the World - Ad

Using this device you see... Elon Musk just tested a new type of A.I. that according to Wired Magazine will usher in... "The next step in human evolution."

Weed Potency Has Increased Dramatically Over Last Several Decades, How High Can THC Limits Go?

Explore how rising THC levels are reshaping cannabis potency worldwide and the regulatory measures in place to ensure safety.

One Tech Tip: Protecting your car from the growing risk of keyless vehicle thefts

LONDON (AP) — They appear like ghosts in the night, standing outside your house, one holding up an antenna while the other crouches next to the car parked on the driveway. Within seconds, your car is gone, yet another victim amid enabled by the technology designed to make it easier to unlock and start vehicles.

Crypto Millionaires Names His Favorite AI Coin - Ad

According to Bitcoin pioneer and crypto millionaire Charlie Shrem, a tiny $11 project could be the biggest winner of not just the next year, but the next decade. It combines AI and crypto, in one investment.

Closing prices for crude oil, gold and other commodities

Benchmark U.S. crude oil for June delivery rose 83 cents to $80.06 per barrel Friday. Brent crude for July delivery rose 71 cents to $83.98 per barrel.

Shhh! This Is One Great Coin... - Ad

Shhh! I truly believe this crypto could be one of the top earning cryptos of all time... In fact, in the coming bull run... this one coin could have the potential to bank 10x... 50x... and even 100x.

Warren Buffett's Favorite Stock, Occidental Petroleum Reports Mixed Q1 Results

Occidental Petroleum (NYSE:OXY) reported mixed Q1 results with earnings beating estimates and sales missing. Operational excellence drove cash flow and production met guidance.

Trump's Niece Weighs In On Ex-President's Legal Troubles, Chuck Schumer Urges FTC To Reconsider Chevron-Hess Merger And More: Top Political Updates This Week

The week was a whirlwind of political and corporate news. From Chuck Schumer calling on the FTC to reconsider a major oil merger, to Donald Trump's niece sharing her thoughts on her uncle's legal woes, the news cycle was anything but dull. Let's dive into the top stories.

Mystery of the Rich and Connected Revealed - Ad

Former Goldman VP reveals a mysterious "Gold Bank" with huge upside potential... Last time we shared this, some folks could have seen a 995% gain. Don't be surprised if you've never heard of this -- most haven't. But he's sharing all in this new video.

Marjorie Taylor Greene Accused Of Racist Behavior By Jasmine Crockett Over 'Fake Eyelashes' Comment

Crockett accuses Greene of racism over fake eyelashes taunt during a hearing. Crockett says Greene has not attacked other colleagues' appearances.

How to Profit From the New Boom in Gold - Ad

Gold just passed $2,000/oz and is set for a new bull run in 2024. Now a renowned precious metals expert is sharing his No. 1 way to play it for just $5.

Spending on home renovations slows, but high remodeling costs mean little relief in sight for buyers

LOS ANGELES (AP) — Homeowners have been spending more on home renovations in recent years, as high interest rates and stubbornly high inflation drove up costs for everything from flooring to refrigerators.

The No. 1 Crypto for 2024 - Ad

It's expected to soar 20X bigger than Bitcoin.

United Airlines says it has regained some privileges that were suspended after problem flights

CHICAGO (AP) — United Airlines says federal regulators are letting it resume adding new routes and planes after a series of incidents, including an engine fire and a tire falling off a plane after takeoff, led them to to make those moves.

Billionaires Are Now FLOODING Into Gold - Ad

Ray Dalio, John Paulson, and many others all recommend you own gold right now. But did you know there's another huge investor (worth more than all the world's billionaires COMBINED) buying gold by the ton? That's why the best move to make right now could be this little-known gold investment (which you can get started with for just $5).

Hope Hicks Testifies On Trump's Ex-Lawyer Michael Cohen's 'Mr. Fix It' Moniker: 'Only Because He Broke It First'

The criminal trial against Donald Trump saw former Trump aide Hope Hicks take the stand Friday and discuss Michael Cohen and the "Access Hollywood" tape.

Must-See: Elon's New Invention is Absolutely Insane - Ad

When you click here and see what Elon Musk's new invention does... And how it works... You will NOT believe it. You'll tell yourself this is just science fiction. But Elon just tested this in a real human... And the result was mind-blowing.

Ethereum's Bottom Against Bitcoin 'Still Likely A Few Months Away,' Predicts Crypto Analyst

Prominent cryptocurrency analyst Benjamin Cowen predicted further bearish momentum for Ethereum (CRYPTO: ETH) to Bitcoi

The Mysterious Tale of "America's No. 1 Retirement Stock" - Ad

This factory of 53,000 employees, in Burbank, CA, was camouflaged to look like a sleepy suburb (with the help of artists, set designers, and painters from nearby Hollywood movie studios). The mysterious company behind this disappearing act is now being called "America's No. 1 Retirement Stock".

Jim Cramer Advises Investors To Stick With Good Companies Despite Short-Term Losses: 'You Just Need To Figure Out Which Companies Deserve Your Confidence'

Cramer, a prominent figure in the finance world, suggested that investors should not emulate the trading habits of large hedge funds. Instead, he recommended a long-term investment strategy, emphasizing the need to anticipate and endure market declines.

What's the Big Thing Musk, Bezos and Tim Cook All Have in Common? - Ad

One of America's most controversial CEOs says, "A new form of money in America is making some people (including Elon Musk, Jeff Bezos, and 17 of America's 25 wealthiest individuals), rich. It has nothing to do with gold, bitcoin, or anything like that, but it's 100% legal. The problem? Few Americans have a real understanding of how it works.

Delaware judge refuses to fast-track certain claims in post-merger lawsuit against Trump Media

DOVER, Del. (AP) — A Delaware judge on Tuesday granted a request by attorneys for Donald Trump and Trump Media & Technology Group, parent company of his Truth Social platform, to slow down a lawsuit filed by two cofounders of the company.

South Sudan removes newly imposed taxes that had triggered suspension of UN food airdrops

JUNA, South Sudan (AP) — Following an appeal from the United Nations, removed recently imposed taxes and fees that had triggered suspension of U.N. food airdrops. Thousands of people in the country depend on aid from the outside.

Forget AI, Imperium Is Expected to Grow 320,000% In 3 Years - Ad

Three of the world's biggest AI companies -- Google, Nvidia and Intel -- have even partnered with my No. 1 Imperium company to get on this massive mega trend. The average investor hasn't caught on yet, but you can still invest in my No. 1 Imperium company for just $10 a share.

Benzinga Bulls And Bears: Apple, Tesla, AMC, Bitcoin And Shiba Inu's Chart Forms Powerful Technical Patterns

Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. Stock markets ended the week on a high note following reassuring comments from Federal Reserve Chair Jerome Powell.

Newly Listed Migraine-Focused AEON Biopharma Stock Plunges On Friday - Read Here Why

Preliminary results of AEON Biopharma's Phase 2 trial for chronic migraine treatment reveal no significant improvement over placebo. Despite anticipated reductions in monthly migraine days, statistical significance was not reached, prompting a review of development strategies and financial measures.

Nvidia CEO Says It Will Spark "the Next Revolution" Beyond AI - Ad

Declares this radical biotechnology "is going to be flat out one of the biggest [tech revolutions] ever." And this $10 stock is at the center of all.

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 smartmoneytrading.net
Privacy Policy | Terms of Service