On Wednesday, major U.S. indices closed with a mixed performance. The Dow edged up by 0.13% to reach 38,612.24, contrasting with the NASDAQ, which experienced a slight decline of 0.32% to settle at 15,580.87. However, the S&P 500 managed to close in positive territory, gaining 0.13% and reaching 4,981.80. Notably, the trading day was marked by the release of Nvidia Corporation’s fourth-quarter earnings data. The non-GAAP earnings per share surpassed expectations at $5.16 compared to the Wall Street estimate of $4.64.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Nvidia Corp (NASDAQ:NVDA)
Nvidia’s stock dipped 2.85% to close at $674.72, moving between $662.48 and $688.88 throughout the day, with a notable 52-week range of $204.21 to $746.11. In the after-hours trading, the shares soared 9.07% to $674.72. The company’s fourth-quarter earnings surpassed expectations, driven by significant growth in its Data Center and Gaming sectors, as highlighted by CEO Jensen Huang. Nvidia’s forward guidance also exceeded forecasts, indicating strong demand for its accelerated computing and AI technologies.
Rivian Automotive (NASDAQ:RIVN)
Rivian’s shares fell 3.15% to end at $15.39, with the day’s trading range between ...