Nvidia, Affirm Holdings, CrowdStrike, Iris Energy, Tesla: Why These 5 Stocks Are On Investors' Radars Today

Benzinga Neuro

August 28, 2024

On Wednesday, major U.S. stock indices closed lower, with the Dow Jones Industrial Average dropping 0.4% to 41,091.42, and the S&P 500 falling 0.6% to 5,592.18. The Nasdaq saw a bigger decline, falling 1.1% to 17,556.03.

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

Nvidia Corp. (NASDAQ:NVDA)

The tech giant saw its shares drop by 2.10% to close at $125.61, with an intraday high and low of $128.33 and $122.64 respectively. Notably, the shares fell 6.9% in the after-hours trading to $116.95. Despite the dip, Nvidia reported a strong second-quarter performance, with earnings and revenue more than doubling from a year ago. The company’s data center revenue played a significant role in boosting its topline, although the gross margin contracted from the first quarter.

Affirm Holdings Inc. (NASDAQ:AFRM)

Affirm’s stock fell by 2.86% to close at $31.58. The company reported strong fourth-quarter earnings and upbeat first-quarter guidance, with quarterly revenue coming in at $659 million, a 47.82% increase over the same period last year.

See Also: While Elon Musk Is Busy Taking A Dig At Boeing After Starliner Fails To Bring Astronauts Back From ISS, A New SpaceX Competitor Emerges With A Larger Rocket That Could Challenge Billionaire’s Space Dominance

CrowdStrike Holdings Inc. (NASDAQ:CRWD)

CrowdStrike’s shares dipped by 2.09% to close at $264.2. The cybersecurity company reported second-quarter revenue of $963.9 million, beating the consensus estimate.

Iris Energy Limited (NASDAQ:IREN)

Iris Energy’s stock fell by 5.60% to close at $7.42. Despite the dip, the company reported record fiscal-year Bitcoin (CRYPTO: BTC) mining revenue of $184.1 million.

Tesla Inc. (NASDAQ:TSLA)

Tesla’s shares also dipped, falling by 1.65% to $205.75. Longtime Tesla investor and Gerber Kawasaki Wealth CEO Ross Gerber sold approximately $60 million worth of Tesla shares, citing a lack of interest in the company's cars and robots.

Image via Shutterstock

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

Read Next:

Mark Cuban Asks Elon Musk To Share Source Code Of Algorithm That Decides Reputation, Relevancy, And Similarity Criteria Of Posts On X

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

Recommended

A 10,000% Dividend?!? - Ad

New "Living Missile" to Replace Nuclear Missiles - Ad

Forget AI, Imperium Is Expected to Grow 320,000% In 3 Years - Ad

Movies about Kamala Harris and Donald Trump hit theaters in October. Find out the differences between the movie and why one candidate wants a ban.

Elon Musk Laughs At The Idea Of Dick Cheney Supporting Kamala Harris For President

Elon Musk humorously commented on the recent endorsement of Kamala Harris by George Bush Jr.-era former Vice President Dick Cheney.

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...

Americans Split On Election Result Acceptance Between Harris And Trump, Here Is The Candidate They Think More Likely To Accept Voters' Verdict

A survey conducted by ABC News/Ipsos has shed light on the American public's confidence in the acceptance of the upcoming November presidential election results by Vice President Kamala Harris and former President Donald Trump.

More Hong Kongers tune out the news as they adapt to Beijing's tightening grip

HONG KONG (AP) — Hannah Wong cried when the Hong Kong government effectively forced and out of business three years ago. Among the last news outlets in the city willing to criticize the government openly, many saw their end as a sign that the old Hong Kong was gone for good.

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."

Ukraine counts on new long-range weapon to bypass Western restrictions and hit deep into Russia

KYIV, Ukraine (AP) — Ukraine says it has a new homegrown long-range weapon that will allow it to strike deep into Russia without asking permission from allies.

Federal Reserve's favored inflation gauge shows price pressures easing as rate cuts near

WASHINGTON (AP) — An inflation measure closely tracked by the Federal Reserve remained low last month, extending a trend of cooling price increases that clears the way for the Fed to start cutting its key interest rate for the first time in 4 1/2 years.

Stop Paying Full Price for Houses

Stop Paying Full Price for Houses - Ad

Gain instant access to 1000's of houses you can potentially get for just the taxes owed. Why pay full price for properties when you can follow a few simple steps and pay just the taxes owed?

Mark Cuban Wonders If SEC Chair Gary Gensler Is Doing 'Everything In His Power' To End Elizabeth Warren's Senate Career

Billionaire investors and television celebrity Mark Cuban threw a jibe at SEC Chair Gary Gensler, questioning if he is deliberately trying to weaken Senator Elizabeth Warren (D-Mass.).

Elon Musk And Stephen King Engage In Mockery And Name Calling After SpaceX's Falcon 9 Booster Tips Over On Droneship

Renowned author Stephen King on Wednesday mocked billionaire entrepreneur Elon Musk for the latest mishap involving his rocket manufacturing company SpaceX's Falcon 9 launch vehicle.

4 Cryptos Set to Outperform Bitcoin in 2024

4 Cryptos Set to Outperform Bitcoin in 2024 - Ad

Chris Rowe, the man who spotted 44 different coins that have returned over 100%, is now making the biggest crypto call of his ENTIRE career.... Because a powerful crypto event will trigger on June 24th... Sending hundreds of tiny cryptos soaring 5X, 50X, even 100X -- in just days.

Johnson & Johnson-Spin Off Kenvue Wins Lawsuit Over Pain Killer Tylenol 'Rapid Release' Gelcaps

Kenvue defends against a consumer lawsuit alleging that its Tylenol "Rapid Release" gelcaps did not relieve pain faster than regular tablets. A federal judge ruled the claims were preempted by FDA regulations.

Ralph Lauren draws the fashion crowd to the horsey Hamptons for a diverse show of Americana

BRIDGEHAMPTON, N.Y. (AP) — took to Hamptons horse country for a rollout of his signature Americana featuring first lady Jill Biden, Usher and on his front row and Naomi Campbell, Christy Turlington and a bevy of adorable kids on his runway.

Kamala Harris May Seize This Cutting-Edge Tech -- Act Now

Kamala Harris May Seize This Cutting-Edge Tech -- Act Now - Ad

A new technology (not AI) is powerful enough to save America $1.7 TRILLION in healthcare costs each year. Trump is rumored to use it personally... And Kamala Harris has threatened to have key patents on it seized. Whoever wins the election - it could cause a massive surge in demand... And send a tiny firm with key patents on this technology soaring. It's currently trading for only $7. But it likely won't stay this cheap for long.

Struggling To Connect On Tinder, Grindr Or Bumble? Dating Apps Now Have An AI Wingman For You

Leading online dating platforms like Tinder, Hinge, Bumble, and Grindr are incorporating AI-powered tools to enhance user experience by generating conversation starters, building profiles, and providing interaction feedback.

GOP Congress Member Nancy Mace: 'They Haven't Done Anything,' Slams DNC Cannabis Inaction, Calls Out Republican Reluctance

Congresswoman Nancy Mace criticizes the DNC for failing to deliver on cannabis reform, stating "They haven't done anything."

Don't Tell ANYONE About This Altcoin (Until It Pops)...

Don't Tell ANYONE About This Altcoin (Until It Pops)... - Ad

Quiet now! This governance token could be the sleeping giant of the crypto world... In the next bull market, this "DeFi 2.0" powerhouse might soar 10x... 50x... perhaps even 100x.

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.

Governments Suing Pharmacy Benefit Managers Over Insulin Prices Have Long Benefited From Their Rebates

State and local governments suing PBMs and drug companies over insulin prices have long benefited from the same rebate system they now criticize, leaving patients burdened by high costs and limited access.

This Win Rate Puts Buffett to Shame

This Win Rate Puts Buffett to Shame - Ad

He's got a higher win rate than Warren Buffett, Carl Icahn, and Mark Cuban...but you've likely never heard his name. What's most amazing is that his unshakable strategy is working just as well today as it did during our long bull market. Even the Covid crash didn't shake it! He's been on a wild 6-year win streak ( with no signs of slowing down) How does he do it?

New US rules try to make it harder for criminals to launder money by paying cash for homes

REHOBOTH BEACH, Del. (AP) — The Treasury Department has aimed at making it harder for criminals to launder money by paying cash for residential real estate.

Rivian Launches Referral Program To Reward Customers Who Refer Other Buyers, Similar To Tesla's Scheme

California-based EV company Rivian Automotive on Thursday introduced a new program aimed at rewarding U.S. customers who recommend others to buy their vehicles.

What Smart Investors Are Doing to Profit From the Election

What Smart Investors Are Doing to Profit From the Election - Ad

While millions of Americans are fighting over who they want to win the presidential election... A small group of folks are quietly positioning themselves to profit from it by following a simple election playbook.

Apple Prepping iPad Mini Refresh? Top Analyst Says Stock Shortages Hint At AI-Powered Update After Two-Year Hiatus

Apple Inc. stores are reportedly experiencing iPad mini stock shortages, fueling speculation about an imminent update to the device, possibly featuring AI enhancements.

'Beetlejuice Beetlejuice' To Break September Opening Weekend Box Office Record? Polymarket Lets Movie Fans, Crypto Holders Predict The Outcome

Fans of the cult-classic film "Beetlejuice" are eagerly awaiting the release of "Beetlejuice Beetlejuice" in theaters this weekend. A prediction market allows movie fans and crypto holders to wager on how much money the sequel from Warner Bros.

Man Who Called Nvidia at $1.10 Says Buy This Now...

Man Who Called Nvidia at $1.10 Says Buy This Now... - Ad

In 2004, a man predicted Nvidia's rise. Now, he says a new company, which IPO'd in 2023, could soar like Nvidia. It signed a major deal with Apple for its AI tech in iPhones and iMacs. Could it be the next trillion-dollar company? See why he believes it's among "The Next Magnificent Seven."

GameStop Shares Are Trading Higher: This Week In Review

GameStop Corporation (NYSE: GME) shares are up Friday. Here's what you need to know.

Flights returning to normal in Colombia as jet fuel shortage is resolved

BOGOTA, Colombia (AP) — The Colombian airlines Avianca and Latam Colombia said late Monday they will operate most of their flights Tuesday and resume full schedules Wednesday, after warning earlier they would have to cancel dozens of flights due to shortages of jet fuel.

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

Atlantic City's top casino underpaid its online gambling taxes by $1.1M, regulators say

ATLANTIC CITY, N.J. (AP) — New Jersey gambling regulators say Atlantic City's top-performing casino, the Borgata, underpaid some of its internet gambling taxes twice by taking almost $15 million more in credits than it was entitled to.

Nasdaq, S&P 500 Futures Flatline As Traders Await Earnings Report From AI Barometer Nvidia: Fund Manager Says Market Could Hold Up Until Presidential Election

Sentiment on Wall Street could be guarded until Nvidia Corp’s (NASDAQ:NVDA) earnings are in the rearview mirror.

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.

Bitcoin, Ethereum Drop, Dogecoin Flat As Weak Private Employment Report Spooks Investors: Top Trader Says 'Massive Thrust' Required To Get King Crypto's Bull Run Back On Track

Leading cryptocurrencies slid Thursday as lower-than-expected private sector job growth heightened concerns around the economy and dampened risk appetite.

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.

Exposed: Democrats' Secret Plan to Keep Trump Out of the White House

Exposed: Democrats' Secret Plan to Keep Trump Out of the White House - Ad

Former advisor to the CIA, the Pentagon and the White House Jim Rickards just released this shocking new video exposing Democrats' secret plan to keep Trump out of the White House... Even if he wins the election. See the details and learn how to prepare... Because this could trigger the biggest constitutional crisis in our nation's history.

Elon Musk Thinks Dogecoin Payments Could Potentially Help Starlink Get Around Brazil Freezing Its Bank Accounts: 'You Make A Good Point'

SpaceX CEO Elon Musk is seemingly considering allowing payments in meme cryptocurrency Dogecoin (CRYPTO: DOGE) for Starlink services in Brazil after the country’s

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.

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.

French judge extends police custody for Telegram CEO Pavel Durov

PARIS (AP) — A French investigative judge extended police custody for the , Pavel Durov, prosecutors said on Tuesday.

Trending Now

Trump Vs. Harris: Election Forecaster With 9 Out Of 10 Accurate Predictions Makes Final Call, Says This Person Will Be 'Next President Of The United States'