Nvidia, Rumble, United States Steel, Tesla, Berkshire Hathaway: Top 5 Trending Stocks Today
U.S. stocks ended in the green on Monday. The Nasdaq Composite emerged as the day’s winner, registering a gain of around 143 points. The Dow slightly rose by 0.07% to 35,307.63. The S&P 500 also experienced an uptick, rising by almost 0.6% to 4,489.72.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Nvidia Corp (NASDAQ:NVDA)
Nvidia Corp saw a rise of 7.09%, closing at $437.53. The stock reached an intraday high of $438, a low of $403.11, and has a 52-week range between $480.88 and $108.13. Reports suggest that Amazon.Com, Inc is designing custom microchips to bypass Nvidia GPUs for large language model training. Other tech giants like Microsoft Corp, Alphabet Inc, and Meta Platforms Inc are also focusing on in-house chip building.
Rumble Inc (NASDAQ:RUM)
Rumble Inc’s stock experienced a slight increase of 0.24%, closing at $8.24. The stock’s intraday high was $8.27 with a low of $7.95, and it has a 52-week range of $17.23 to $5.81. The company’s Q2 earnings highlighted a revenue of $24.97 million, up 468% year-over-year. Rumble CEO Chris Pavlovski emphasized the company’s capability to monetize its user base.
United States Steel Corporation (NYSE:X)
United States Steel Corporation witnessed a significant surge of 36.80%, closing at $31.08. The stock peaked at an intraday high of $32.52, with a low of $28.05, and its 52-week range is between $32.52 and $17.89. The company’s stock rose following an all-cash public offer from Esmark Inc.
Tesla Inc (NASDAQ:TSLA)
Tesla Inc’s stock dipped by 1.19%, closing at $239.76. The stock’s intraday high and low were $240.66 and $233.75, respectively, with a 52-week range of $314.67 to $101.81. The electric vehicle maker announced a price cut for some Model Y versions in China by about $1,934.
Berkshire Hathaway Inc’s Class B (NYSE:BRK)
Berkshire Hathaway’s stock saw a marginal rise of 0.04%, closing at $358.48. The stock reached an intraday high of $358.95, a low of $356.81, and its 52-week range is between $364.63 and $259.85. The stock’s recent surge can be attributed to its Q2 earnings report, where it exceeded expectations.
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