Snowflake, GeoVax, Zoom, Target, Tesla: Why These 5 Stocks Are On Investors' Radars Today

Benzinga Neuro

August 21, 2024

U.S. stocks showed signs of resilience as traders eagerly awaited Federal Reserve Chair Jerome Powell’s address at Jackson Hole on Friday. The minutes from the July FOMC meeting revealed that policymakers were considering a potential interest rate cut in September due to progress in curbing inflation, though they agreed to maintain the current rate in July

On Wednesday, major U.S. indices were positive, with the Dow Jones Industrial Average rising 0.1% to 40,890.49, the S&P 500 gaining 0.4% to 5,620.85, and the Nasdaq climbing 0.6% to 17,918.99.

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

Snowflake Inc. (NYSE:SNOW) closed the day with a 2.38% increase at $135.06. The stock hit an intraday high of $135.72 and a low of $130.66. Snowflake’s 52-week range is $107.93 to $237.72. The data cloud company reported better-than-expected second-quarter earnings and announced an additional $2.5B buyback.

GeoVax Labs Inc. (NASDAQ:GOVX) surged by a massive 47.01% to close at $8.35. The stock’s intraday high was $8.35, and the low was $5.41. GeoVax’s 52-week range is $1.09 to $11.18. The company’s shares popped following a report of the first case of Mpox in Michigan’s Wayne County since 2022.

See Also: Shiba Inu Lead Developer Shytoshi Kusama Opens Up On Revealing True Identity — Here’s What Was Said

Zoom Video Communications, Inc. (NASDAQ:ZM) ended the day 1.86% higher at $60.23. The stock’s intraday high and low were $60.26 and $59.35, respectively. Zoom’s 52-week range is $55.06 to $75.91. The company posted strong second-quarter results and provided robust forward guidance.

Target Corporation (NYSE:TGT) saw an impressive 11.20% rise to close at $159.25. The stock’s intraday high was $167.4, and the low was $158.97. Target’s 52-week range is $102.93 to $181.86. The retail giant reported strong second-quarter performance and raised its outlook, impressing analysts.

Tesla Inc. (NASDAQ:TSLA) closed the day with a 0.98% gain at $223.27. The stock’s intraday high was $224.66, and the low was $218.86. Tesla’s 52-week range is $138.8 to $278.97. The European Union has decided to slash tariffs on Tesla’s China-made electric cars, potentially reshaping the electric car market in the region.

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

Photo by WHYFRAME on Shutterstock

Read Next:

What’s Going On With Lucid Group Stock On Tuesday?

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

Recommended

Analysts Are Projecting "Safe-Haven" Stock Will Nearly Double - Ad

Seven Unknown AI Stocks That Could Dominate the Next Six Years - Ad

Oil Surge Predicted...But Are You Ready? - Ad

Earlier on Wednesday, Taiwan's defense ministry reported spotting the same Chinese aircraft carrier group sailing through waters off its east coast towards Yonaguni.

Anthony Scaramucci Calls For Bipartisan Crypto Regulation, 'Applauds' Donald Trump For Coming Towards The Industry

Scaramucci urges bipartisan regulation of cryptocurrency in the U.S., noting Trump's shift towards a positive view and Harris's team's careful consideration. With a growing consensus, upcoming event will discuss the evolving regulatory landscape.

The "Amazon Coin" -- To Be Bigger Than Bitcoin?

The "Amazon Coin" -- To Be Bigger Than Bitcoin? - Ad

Starting September 23rd, this tiny 3-cent crypto could partner with one of the biggest companies in the world... Amazon. Declassified video reveals "Amazon Coin" ahead of $27 trillion crypto revolution. One team of crypto experts have identified it as the most promising crypto of 2024.

Sri Lanka's plantation workers live on the margins. But politicians still want their votes

SPRING VALLEY, Sri Lanka (AP) — Whoever Sri Lanka's is, Muthuthevarkittan Manohari isn't expecting much to change in her daily struggle to feed the four children and elderly mother with whom she lives in a dilapidated room in a tea plantation.

Michael Saylor: Bitcoin To Hit $13M By 2045, 'WIll Get Us To A Different Place'

In a candid interview, MicroStrategy (NASDAQ:MSTR) Executive Chairman Michael Saylor shared insights on his company’s Bitcoin (CRYPTO: BTC) strategy and his outlook for the

4 Steps to Survive the Coming Market Crash

4 Steps to Survive the Coming Market Crash - Ad

There are massive cracks forming right below the surface of our "shining city." These cracks are a symptom of a much bigger problem that threatens the very foundation of our country. Things are starting to unravel at a fast pace, as America sees worst economic hell our country has ever been in.

Trump Praises Joe Biden And Kamala Harris For Calling Him After Latest Assassination Attempt: 'I Sort Of Wish The Call Wasn't Made I Do Feel A Little...'

Trump praised Joe Biden and Kamala Harris for calling him after latest assassination attempt.

JPMorgan CEO Jamie Dimon Thinks Social Media Platforms Like TikTok And Facebook Are 'A Total Stupid Waste Of Time'

JPMorgan CEO Jamie Dimon criticized social media platforms like TikTok and Facebook as "a total waste of time" and encouraged younger generations to focus on reading history books instead.

Silicon Valley Billionaires Are Quietly Buying Into What We Call the "Imperium" Boom

Silicon Valley Billionaires Are Quietly Buying Into What We Call the "Imperium" Boom - Ad

See why Bill Gates, Mark Zuckerberg and Peter Thiel are making huge bets on this breakthrough now.

Scaramucci Says Melania Trump Would Prefer Kamala Harris To Donald Trump As President

Anthony Scaramucci has claimed that Melania Trump would rather see Kamala Harris win the presidency than her own husband.

This Debate Rule Forces Kamala Harris' Team To Rethink Strategy: 'The Rule Will Serve To Shield Donald Trump'

Kamala Harris' debate strategy has been disrupted due to one of the rules.

The Last Time Gold Flashed This Warning Sign, the Market Dropped 80%

The Last Time Gold Flashed This Warning Sign, the Market Dropped 80% - Ad

Both President Trump and Elon Musk are warning about something that could send the market down 50%, real estate down 40% and savings accounts down 30%.

UK inflation is steady at 2.2% ahead of Bank of England's next rate decision

LONDON (AP) — Inflation in the U.K. held steady at an annual rate of 2.2% in August, with higher air fares offset by lower fuel costs and restaurant and hotel bills, official figures showed Wednesday.

Ciena Q3 Earnings: Revenue And EPS Beat, Operating Margin Decline, CFO Retirement And More

Ciena Corp (NYSE: CIEN) reported Q3 revenue of $942.3M, beating analyst estimates of $927.2M. Adjusted EPS was $0.35, above consensus of $0.26. Total Networking Platforms revenue declined by 17.4%, while Total Global Services increased by 3.5%. CFO plans to retire in 12 months.

My TOP Altcoin for Right Now Is...

My TOP Altcoin for Right Now Is... - Ad

Searching for the top investment opportunity in crypto? Look no further. Our $3 report gives you the full scoop. You'll get this exciting token's name, our recommended investment strategy, and growth projections. Time is of the essence with this one...

Palantir And Dell Are Set To Join S&P 500 Index: Here's What Peter Thiel And Michael Dell Have Said About Bitcoin

In a major development, tech behemoths Palantir Technologies Inc. (NYSE:PLTR) and Dell Technologies Inc. (NYSE:DELL) are all set to join the blue-chip S&P 500 index.

Here's How One Law Could Activate Trump's Universal Tariff Nationwide

Donald Trump has hinted at imposing a universal tariff on all goods imported into the U.S. should he be returned to the White House.

Why We Just Sold Half of Our Stocks

Why We Just Sold Half of Our Stocks - Ad

We've already sold all or part of 52 different stocks this year - more than any other period in our firms' history. That's because there are five cracks forming below this market that threaten us with a widespread collapse. We could see the market tumble by 50% and unemployment will triple.

Japanese 7-Eleven convenience store chain operator turns down Couche-Tard takeover offer

TOKYO (AP) — The parent company of the Japanese 7-Eleven convenience store chain said Friday that it’s turning down a takeover offer from Alimentation Couche-Tard Inc. of Canada.

California's 'Operation Sticky Fingers' Nails Two Dozen Dispensary Thieves After $1M In Weed Stolen

California cannabis dispensary theft ring busted in 'Sticky Fingers' raid. $1M in stolen products retrieved and two dozen suspects arrested.

Imminent FDA Decision Could End Obesity in America...

Imminent FDA Decision Could End Obesity in America... - Ad

...and spark a 224,000% sales surge for one tiny micro-cap stock. Channelnomics says it "Could have a greater impact on the world than artificial intelligence." BMO Capital calls it "A goldmine for investors." The Wall Street Journal says it's "A Gold rush."

Donald Trump's Billions On Hold As Insiders Sell Off Truth Social Shares

Insiders at Trump Media & Technology Group owned social media platform Truth Social have started offloading their shares.

Alphabet, Exxon Mobil, Palantir Technologies And More On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Shannon Saccocia of NB Private Wealth named iShares U.S. Financials ETF (NYSE:IYF) as her final trade.

America's Slow Decline into Hell

America's Slow Decline into Hell - Ad

As Kamala Harris rises to power, her 3-word agenda threatens every American's freedom and financial security. Get the inside scoop and

Yemen's Houthi rebel video shows they planted bombs on tanker now threatening Red Sea oil spill

DUBAI, United Arab Emirates (AP) — Yemen's Houthi rebels released footage Thursday showing that they boarded and intentionally set explosives aboard a Greek-flagged tanker that had been abandoned after they repeatedly attacked it, putting the Red Sea at risk of a major oil spill.

Elon Musk Lashes Out At Judge After Brazil's Supreme Court Blocks Starlink's Bank Accounts: 'Criminal Wearing Judges Robes Like A Halloween Costume'

The Supreme Court of Brazil imposed a financial freeze on Elon Musk's Starlink, escalating a legal dispute that could lead to suspending his social media platform, X, in Brazil due to non-compliance with court orders.

What If Kamala Wins? The 3 Words That Will Change Everything

What If Kamala Wins? The 3 Words That Will Change Everything - Ad

The same team that predicted Biden's downfall ... now warns of a new threat. Learn how to safeguard your future.

Nvidia And Bitcoin: Overpriced Or Underpriced - Do Fundamentals Justify Their Trillions Of Dollars Worth Of Market Caps?

Cryptocurrencies and stocks are considered risky investments, and traders frequently employ metrics to determine how justified their market value could be. Assessing Nvidia’s Valuation One very popular valuation metric is the price-to-earnings ratio, or simply the P/E ratio.

Scaramucci: Trump Wins Billionaires' Support Despite Coming Off As 'Raging Lunatic,' Harris Backs A 'Ridiculously Stupid Idea'

Trump is someone who can't keep to his messaging and his rival Kamala Harris can gain an upper hand by going on offensive, says Scaramucci.

A New Drug Set to Outgrow Zoloft and Metformin--Invest Now

A New Drug Set to Outgrow Zoloft and Metformin--Invest Now - Ad

A new breakthrough drug is predicted to hit 250 million subscriptions in the next SIX YEARS, according to Morgan Stanley. Even better, a tiny company - trading for only $7 - holds key patents on this new drug. But it won't stay under the radar for much longer.

Brazil Supreme Court panel unanimously upholds judge's decision to block X nationwide

RIO DE JANEIRO (AP) — A Brazilian Supreme Court panel on Monday unanimously upheld the decision of one of its justices to nationwide, according to the court’s website.

Elon Musk And Trump's Federal Efficiency Plans Slammed By Paul Krugman, Economist Warns About Risks To Medicare, Social Security: 'Government Is An Insurance Company With An Army'

Nobel laureate Paul Krugman has expressed concerns over Republican presidential candidate Donald Trump and Tesla Inc CEO Elon Musk's proposed federal spending cuts. Krugman shared his thoughts on X on Thursday, ahead of the 2024 presidential election.

DO NOT Make Another Trade Without Seeing This First

DO NOT Make Another Trade Without Seeing This First - Ad

Starting September 23... a huge secret of the markets could help you consistently target gains like: 126%... 245%... even 463% or more... often in 30 days or less... No matter what the market does next.

US economic growth for last quarter is revised up to a solid 3% annual rate

WASHINGTON (AP) — The U.S. economy grew last quarter at a healthy 3% annual pace, fueled by strong consumer spending and business investment, the government said Thursday in an upgrade of its initial assessment.

Court orders South Korea to specify plans to cut carbon emissions through 2049

SEOUL, South Korea (AP) — South Korea’s Constitutional Court on Thursday ordered the government to back its climate goals with more concrete plans for action through 2049, handing a partial victory to climate campaigners who say the country’s failure to cut emissions faster amounts to a violation of their rights.

My No. 1 Oil Play for 2024

My No. 1 Oil Play for 2024 - Ad

Do you own oil and gas stocks? Or are you thinking about buying some? If so, you need to see my #1 oil play for 2024. But it's NOT oil stocks, futures, or anything you've likely heard about. Rather, it's an unusual way to potentially bank monthly income from the oil and gas markets.

Trump courts conservative male influencers to try to reach younger men

WASHINGTON (AP) — At first glance, there's little that a 78-year-old former president and a 23-year-old internet personality might have in common.

Australia proposes legal minimum age for children accessing social media

MELBOURNE, Australia (AP) — The Australian government on Tuesday promised to legislate this year to enforce a minimum age for children to access social media, but it has yet to announce how ages will be verified.

This $2 Stock Outshines Historic Gold Rally!

This $2 Stock Outshines Historic Gold Rally! - Ad

Gold has soared 25% in the last 6 months, but this young company has more than doubled that return. With a price target nearly double its current value, it's caught the eye of 40+ investment banks and funds. Discover the name of this standout company today and see why it's a potential gold mine for investors.

Stalled In Bureaucratic Limbo, This German City Struggles With Illegal Cannabis As Demand Surges

The slow response is largely due to complex bureaucratic requirements. Applicants must provide extensive documentation.

Trending Now