This Is How the AI Bull Market Ends

The AI bull market as we know it right now will end...And all the big popular AI stocks investors are piling into right now will NOT be the where the biggest returns will come from. And for investors who don't know how the market is changing and where it's going...They could end up left behind.

Tesla, GameStop, Super Micro Computer, Adobe, Disney: Why These 5 Stocks Are On Investors' Radars Today

Benzinga Neuro
June 13, 2024

On Thursday, major U.S. stock indices showed varied results as the Dow Jones Industrial Average closed nearly 0.2% lower at 38,647.10, while the S&P 500 rose 0.2% to 5,433.74. The Nasdaq finished the day up almost 0.3% at 17,667.56.

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

Tesla Inc. (NASDAQ:TSLA)

Tesla’s stock increased by 2.92% to close at $182.47, with an intraday high and low of $191.08 and $181.23 respectively. The 52-week range for the stock is between $138.8 and $299.29. The annual shareholders meeting was the highlight of the day, where 12 items were voted on by shareholders. Key events included approval of all company proposals, relocation of corporate headquarters to Texas, and a standing ovation for CEO Elon Musk’s pay compensation package, originally approved in 2018.

GameStop Corp. (NYSE:GME)

GameStop’s stock surged by 14.38% to close at $29.12. The stock hit an intraday high and low of $29.58 and $25.56, with a 52-week range of $9.95 to $64.83. The annual shareholder meeting was rescheduled due to a server crash caused by high interest.

See Also: ‘Pop The Champagne Moment’ For Tesla? Analyst Says Shareholders Spoke Out Loud For Elon Musk: Here’s What

Super Micro Computer Inc. (NASDAQ:SMCI)

Super Micro Computer’s stock rose by 12.44% to close at $871.1. The intraday high and low were $883.17 and $784, with a 52-week range of $213.08 to $1,229. The stock’s surge is potentially driven by the company’s strategic initiatives and growth in the AI sector.

Adobe Inc. (NASDAQ:ADBE)

Adobe’s stock fell slightly by 0.25% to close at $458.74. The intraday high and low were $462.39 and $453.5, with a 52-week range of $433.97 to $638.25. The company reported financial results for the second quarter, beating the consensus estimate.

The Walt Disney Company (NYSE:DIS)

Disney’s stock fell by 0.70% to close at $100.09. The intraday high and low were $101.07 and $99.61, with a 52-week range of $78.73 to $123.74. The company settled a dispute with Florida Governor Ron DeSantis, clearing the path for a 15-year expansion plan.

Photo by Jirapong Manustrong on Shutterstock

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

Read Next: Elon Musk’s Pay Package And Corporate HQ Move Gain Strong Backing From Shareholders: Passing By ‘Wide Mar

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

Continue Reading...

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