Trump's Crypto Buy Just Triggered a Surprise Stock Play

Trump just announced a U.S. crypto buying spree. But we're not touching crypto directly. We found a stock that's essential to the entire crypto ecosystem - Without the crypto risk. It could be the safest way to cash in on the craze.

Palantir, Amazon, Meta, Spirit Airlines, Tesla: Why These 5 Stocks Are On Investors' Radars Today

Benzinga Neuro
October 03, 2024

On Thursday, U.S. markets saw losses, with the Dow Jones Industrial Average falling 0.4% to 42,011.59, the S&P 500 closing down almost 0.2% at 5,699.94, and the NASDAQ slipping 0.04% to end at 17,918.48.

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

Palantir Technologies Inc. (NYSE:PLTR)

Palantir’s shares rose 4.67% to close at $39.24, with an intraday high and low of $39.29 and $37.37 respectively. The stock’s 52-week high and low stand at $39.29 and $14.48. The company’s co-founder, Peter Thiel, recently completed selling the maximum number of shares under a trading plan he initiated in May. Additionally, Palantir announced a strategic partnership with Edgescale AI to enhance AI operations in various industrial sectors.

Amazon.com Inc. (NASDAQ:AMZN)

Amazon’s stock fell 1.52% to close at $181.96. The shares hit an intraday high of $183.44 and a low of $180.88. The 52-week high and low are $201.2 and $118.35 respectively. The company is reportedly set to increase the number of advertisements on its Prime Video platform starting next year as part of its broader strategy to enhance its ad-supported streaming services.

Meta Platforms Inc. (NASDAQ:META)

Meta’s shares increased 1.74% to close at $582.77, with an intraday high and low of $583.36 and $568.73 respectively. The stock’s 52-week high and low are $583.36 and $279.4. The social media company has paid out over $2 billion to content creators this year as it works to boost monetization efforts for users of the platform.

Spirit Airlines Inc. (NYSE:SAVE)

Spirit Airlines’ stock dipped 3.45% to close at $2.24. The shares hit an intraday high of $2.43 and a low of $2.22. The 52-week high and low are $17.49 and $2.22 respectively. The budget airline is reportedly in discussions with bondholders regarding the terms of a potential bankruptcy filing following a failed merger with JetBlue Airways Corporation (NASDAQ:JBLU).

Tesla Inc. (NASDAQ:TSLA)

Tesla’s shares fell 3.35% to close at $240.67. The shares hit an intraday high of $249.79 and a low of $237.81. The 52-week high and low are $271 and $138.8 respectively. The electric vehicle maker returned to growth with third-quarter delivery figures showing a year-over-year increase from the prior year.

Photo by WHYFRAME on Shutterstock

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

Read Next:

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

Continue Reading...

Popular

Donald Trump Downplays Allies' Roles in World Wars, Credits US for Victories: 'We Won Both Wars, Nobody Was Close To Us'

In a recent post on Truth Social, President Trump claimed that the United States played a significantly larger role in winning both World Wars than its allies.

This Coin Could Surge Like Bitcoin Did Back in 2013... - Ad

A new coin is emerging in the crypto world. And investing in it now could end up like Bitcoin or Ethereum during their first bull runs.

Tesla Has Over 10,000 Units Of Unsold Cybertrucks In Its US Inventory Amid Poor Sales: Report

Tesla has over 10,000 unsold Cybertrucks in its U.S. inventory as Elon Musk's EV giant facing declining sales and profits.

Elon's Greatest Invention... Hidden in South Memphis? - Ad

Tech legend Jeff Brown recently traveled to the industrial zone of South Memphis to investigate what he believes will be Elon's greatest invention ever... Yes, even bigger than Tesla or SpaceX.

Trump Says 'I Run The Country And The World,' Yet Polls Plummet

The Atlantic published an in-depth interview with President Donald Trump on Monday, marking the first 100 days of his second term in the White House. 

The Cross-Chain Giant Set for 1,000%+ Gains - Ad

This multi-chain protocol's volume is exploding while its price is still under the radar. Institutions are moving in fast-get our urgent report before retail wakes up.

Marathon Petroleum Refining Margins Fall Drags Q1 Profit

Marathon Petroleum Corp. (NYSE:MPC) reports higher Q1 results with revenue of $31.85B, adjusted EBITDA of $2B, and EPS loss of $(0.24) compared to $(2.58) last year. Refining segment impacted by lower market crack spreads, but Midstream business continues to grow. Company also declares quarterly dividend.

Immigrants working legally in the Texas Panhandle live in limbo under Trump's crackdown

PANHANDLE, Texas (AP) — The truck driver is cutting his lawn on a windy afternoon, in a town so quiet you can take afternoon walks down the middle of Main Street.

He Called Bitcoin to $100k... Now He Says This Coin Is Next - Ad

Juan Villaverde may be America's top crypto expert. According to Juan's timing model, we are entering what could be the biggest bull market in crypto's history. With America's first crypto president in office, it could be the biggest gains the market has ever seen. And one special coin could skyrocket.

Waldencast Q1 Preview: Beauty Brand Glow Dims On Soft Margins, Flat Sales

WALD is reporting Q1 results on May 13, Telsey Advisory Group expects margin and earnings miss. Analyst Dana Telsey maintains outperform rating.

Alexandria Ocasio-Cortez Asks,'How Much Did Majorie Taylor Greene Make When She Bought The Dip?'

"Just how much did Marjorie Taylor Greene make when she bought the dip?" Alexandria Ocasio-Cortez asks in the caption of a YouTube video calling for a ban on Congressional trading.

Trump's Crypto Blueprint Unveils This Infrastructure Powerhouse - Ad

One blockchain token sits at the heart of Washington's pro-crypto agenda. Institutions are loading up while it still trades at a discount. Here's how to get in for $3.

Tens of thousands of Los Angeles County workers begin 2-day strike

LOS ANGELES (AP) — More than 50,000 Los Angeles county workers began a two-day strike Monday evening, closing libraries and disrupting administrative operations across the nation's most populous county.

Trump marks his first 100 days in office with a rally in Michigan, a state rocked by his tariffs

WARREN, Mich. (AP) — President is holding on Tuesday to mark of his second term, staging his largest public event since returning to the White House in a state that has been especially rocked by his and .

No.1 Opportunity for 2025 [Take Action Now!] - Ad

Starlink's potential IPO Could Be the Biggest in History--Silicon Valley insider James Altucher has uncovered a way to profit BEFORE the IPO--with as little as $50. Musk's $180B giant is set to launch--will you miss out? Claim your spot before it's too late.

Terra Chips Maker Hain Celestial Seeks Strategic Options For Business, Announces CEO Transition, Stock Tanks

Hain Celestial (NASDAQ:HAIN) posted a disappointing Q3 FY25, with revenue down 11% YoY to $390.35M and EPS missing at $0.07 vs. $0.13 expected. North American organic sales dropped 10%, hitting snacks and baby categories.

Strange Picture Predicts the Market's Next Move? - Ad

This photo was taken just after the 1929 crash. Weeks earlier, a strange investment secret predicted it all. Even more shocking-it's accurately forecasted every major market event since. And now, it's flashing again.

Arizona communities bank on Trump's push for coal to ensure they're not forgotten

JOSEPH CITY, Ariz. (AP) — Brantley Baird never misses a chance to talk history, from how his great-grandmother helped settle the town of Snowflake long before Arizona was granted statehood to tales of riding to school bareback and tethering his horse outside the one-room schoolhouse.

Jensen Huang, Magic Johnson, Patrick Dempsey, Linda Yaccarino And More Bigwigs Headline Milken Global Conference 2025: What You Need To Know

The Milken Institute's 28th annual Global Conference, featuring prominent figures like Jensen Huang, Magic Johnson, and Linda Yaccarino, is focusing on key global issues such as AI, healthcare, and climate resilience.

Our 2 Best Stocks to Play Trump's "Stargate" - Ad

The first is a little-known company that already got a takeover offer from Nvidia. The second is a firm that's trading at just $20 a share and has a 7% yield.

Brag, Burn, Learn: ZJK Industrial's Costly Nvidia Lesson

After briefly flirting with global fame and the volatility that accompanied it, this firm seems to have learned its lesson.

Stocks Surge On China Tariff Hopes, Tesla Jumps, Gold Loses Shine: What's Driving Markets Wednesday?

Risk-on sentiment dominated Wall Street on Wednesday, as upbeat earnings reports and conciliatory messages from the Trump administration helped lift investor confidence.

Elon Musk Drops Stunning Bombshell? - Ad

Behind closed doors, Musk revealed a game-changing breakthrough technology that could shake the tech world & crush major companies. Why is no one talking about it? Luckily, we had a man on the inside - watch now to see the details & how to profit!

Most Americans Say Their Finances Are Getting Worse, Survey Finds

More than half of respondents now expect the stock market to decline, a reversal from earlier this year when optimism was stronger.

Tim Cook Tells Commerce Secretary Lutnick How Apple 'Could' Bring iPhone Manufacturing To US

Apple Inc.'s (NASDAQ: AAPL) CEO Tim Cook has reportedly identified a crucial factor that could see iPhone manufacturing shift to the United States.

World Economic Forum: "Arguably the Most Exciting Human Discovery Since Fire" - Ad

Sam Altman, Bill Gates, and Mark Zuckerberg are all investing vast sums of money into a radical technology. According to Bloomberg, this could become 10 times bigger than AI, quantum computing, electric vehicles, cryptocurrencies, and robotics combined. And one stock is at the center of it all.

Crypto Wallet Fragmentation Grows: 62% Of Users Manage Multiple Wallets, Report Says

A new report has revealed that 62% of crypto users now manage two or more wallets, highlighting deep fragmentation in the on-chain user experience.

Activists to rally worldwide on May Day, with US protests targeting Trump policies

CHICAGO (AP) — From worker rights rallies to marches for social justice, activists around the globe will kick off demonstrations on Thursday.

Brace Yourself for Jeff Bezos' "Amazon Helios" - Ad

Amazon delivers 20 million packages a day... powers some of the most popular websites... delivers medication to half of the U.S. population... and even produces award-winning films and TV shows. But a Wall Street legend -- twice featured on 60 Minutes -- predicts that "Amazon Helios" will be bigger than all of those... COMBINED.

Trump Says He May Deserve A Nobel Peace Prize For This Reason

U.S. President Donald Trump hinted that his contribution to the Abraham Accords could potentially make him a worthy contender for the Nobel Peace Prize.

Pony.ai Shares Volatile Amid Strategic Tencent Partnership And Hesai Lidar Integration: What's Going On?

Pony AI Inc. (NASDAQ: PONY) shares are trading lower Friday despite the company announcing two significant developments aimed at boosting its autonomous driving capabilities and commercialization efforts.

Nvidia Is About to Shock the World: July 23rd - Ad

Jeff Brown, the tech legend who picked shares of Nvidia in 2016 before they jumped by more than 22,000%, is warning everyone to... Mark this date on your calendar: July 23rd! That's when Nvidia could help send shares of this Elon Musk supplier skyrocketing higher.

Did Donald Trump — or ABC News —choose who would interview the president? Why does it matter?

NEW YORK (AP) — During a contentious in his interview with ABC News' Terry Moran this week, President brought up — from his perspective — how Moran had gotten into the White House in the first place.

Nintendo Stock Hits All-Time High Amid Switch 2 Preorder Frenzy: What You Need To Know

Nintendo stock is soaring on Thursday amid outsized demand for its latest video game console. The company said it received 2.2 million applications in the lottery for its Switch 2 device in Japan, far exceeding expectations.

Trump's Crypto Buy Just Triggered a Surprise Stock Play - Ad

Trump just announced a U.S. crypto buying spree. But we're not touching crypto directly. We found a stock that's essential to the entire crypto ecosystem - Without the crypto risk. It could be the safest way to cash in on the craze.

Tesla Stock Falls On European Sales Decline, Rising Competition: What's Going On?

Tesla Inc. (NASDAQ:TSLA) shares are trading lower Monday after industry data showed a drop in new car sales in Spain, which appears to be adding to concerns over European performance.

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