Significant U.S. indices closed lower on Wednesday, with the Dow Jones Industrial Average down 0.7% at 46,590.41, the S&P 500 decreasing 0.5% to 6,699.40, and the Nasdaq shedding 0.9% to end up at 22,740.39.
These are the leading stocks that acquired the attention of retail traders and financiers through the day.
Tesla Inc. ( NASDAQ: TSLA)
Tesla’s stock fell by 0.82%, closing at $438.97. The stock reached an intraday high of $445.54 and a low of $429, with a 52-week variety in between $212.11 and $488.54. In the after-hours trading, the shares fell 3.8% to $422.27.
The electrical automobile giant reported a 12% year-over-year earnings boost to $28.095 billion in its third-quarter revenues, exceeding the agreement quote of $26.239 billion. Tesla’s record EV shipments and AI aspirations were highlighted, in spite of a drop in revenues.
International Organization Machines Corp. ( NYSE: IBM)
IBM shares increased by 1.94%, closing at $287.51. The stock’s intraday high was $289.17, with a low of $281.35, and a 52-week variety from $203.51 to $301.04. In the after-hours trading, the shares slipped 6.45% to $268.97.
IBM reported a 9% boost in third-quarter earnings to $16.33 billion, beating price quotes of $16.09 billion. In spite of this, the stock slipped somewhat even as the tech giant reported strong AI-related need and raised assistance.
QuantumScape Corp. ( NYSE: QS)
QuantumScape’s stock plunged by 12.50%, closing at $13.58. The stock struck an intraday high of $15.40 and a low of $13.09, with a 52-week series of $3.40 to $19.07. The shares increased 10.3% to $14.98 in the after-hours trading.
The business reported a third-quarter loss of 18 cents per share, beating expectations of a 21-cent loss. In spite of the loss, QuantumScape’s liquidity stays strong, with a money runway extending through the years.
Lam Research Study Corp. ( NASDAQ: LRCX)
Lam Research study saw its stock decrease by 2.61%, closing at $141.25. The stock’s intraday high was $145.75, with a low of $136.86, and a 52-week variety from $56.32 to $153.70.
The business reported quarterly revenues of $1.26 per share, exceeding the $1.22 quote. Lam Research study’s revenues beat expectations, yet the stock dealt with down pressure. Lam’s developments are assisting our clients resolve significant AI-driven semiconductor production inflections,” stated Tim Archer, CEO of Lam Research Study.
Nuburu, Inc. ( NYSE: BURU)
Nuburu’s stock rose by 24.34%, closing at $0.36. The stock reached an intraday high of $0.42 and a low of $0.30, with a 52-week variety in between $0.12 and $0.99. The stock saw an uptick of 4.14% to $0.38 in the after-hours session.
The commercial blue laser designer revealed a tactical structure arrangement with Nuburu Defense LLC and Maddox Defense Incorporated, driving the stock greater.
Benzinga’s Edge Stock Rankings reveal Tesla stock has a Worth in the fourth percentile. Here is how the stock ranks versus other EV gamers.
Get ready for the day’s trading with leading premarket movers and news by Benzinga.
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This story was produced utilizing Benzinga Neuro and modified by Shivdeep Dhaliwal