TSLA - Apple Adobe Pfizer Alibaba Tesla: Why These 5 Stocks Are On Investors' Radars Today | Benzinga
Major U.S. indices were in the green on Wednesday with the Dow Jones rising 1.4% to 37,090.24, the S&P 500 gaining 1.37% to 4,707.09 and the tech-heavy Nasdaq appreciating 1.38% to 14,733.96. On the same day, Federal Reserve Chair Jerome Powell signaled a peak in interest rates and foresaw cuts in the coming year.
Transitioning to individual stocks, these are the top stocks that gained the attention of retail traders and investors throughout the day:
Apple Inc. (NASDAQ:AAPL)
Apple closed with a 1.67% increase at $197.96, fluctuating between $194.85 and $198.23, and compared to its 52-week range of $124.17 to $198.23. The tech giant faces an EU antitrust lawsuit over its App Store practices, a move that reflects the EU’s ongoing efforts to regulate big tech. Despite this, Apple’s stock neared its all-time highs, showing resilience in the face of regulatory challenges.
Adobe Inc. (NASDAQ:ADBE)
Adobe’s stock dipped by 1.48%, closing at $624.26, with an intraday range of $618.03 to $633.89. The company’s Q4 earnings beat expectations, but its weak first-quarter FY24 ...