TSLA - Broadcom Marvell Technology Costco MongoDB Tesla: Why These 5 Stocks Are On Investors' Radars Today | Benzinga
The S&P 500 index soared past the 5,150-point mark, reclaiming its record-high territory, driven by comments from Fed Chair Jerome Powell hinting at potential interest rate cuts. The tech-heavy Nasdaq 100 also climbed, rising 1.5% for the day to 16,273.38. The S&P 500 ended the session 1.03% higher at 5,157.36.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Broadcom Inc. (NASDAQ:AVGO)
Broadcom closed the day with a 4.22% increase at $1407.01. The company reported first-quarter earnings of $10.99 per share, beating the analyst consensus estimate. Quarterly sales came in at $11.96 billion, surpassing the analyst consensus estimate.
Marvell Technology Inc. (NASDAQ:MRVL)
Marvell Technology ended the day with a 4.57% increase at $85.09. The company reported fourth-quarter revenue of $1.427 billion, beating the consensus estimate. Earnings per share were in line with analyst estimates.
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