MSTR, QCOM, ARM, F, TSLA: Top 5 Trending Stocks Today - ARM Holdings (NASDAQ:ARM)

U.S. markets showed positive movement on Wednesday, with the Nasdaq Composite climbing around 40 points to close at 19,692.33. The Dow Jones experienced a modest increase of 0.7%, finishing at 44,873.28, while the S&P 500 gained nearly 0.4% to close at 6,061.48.

This article highlights five stocks that gained significant attention from retail traders and investors during the day.

MicroStrategy Inc. (MSTR)

MicroStrategy’s stock decreased by 3.33%, with a closing price of $336.70. The shares hit a high of $352.36 and a low of $333.55 during the trading session, and they have a 52-week range of $46.75 to $542.99. Recently, the company rebranded itself as Strategy, signaling a renewed focus on Bitcoin (BTC/USD) and artificial intelligence. Their new logo features a stylized “B,” representing their prominent role as a major Bitcoin Treasury Company. Under the leadership of Michael Saylor, the firm reported fourth-quarter revenue of $120.7 million, which fell short of analysts’ expectations.

Qualcomm Inc. (QCOM)

Qualcomm’s shares rose by 1.63%, concluding the day at $175.86. The stock achieved an intraday high of $177 and a low of $169.90, with a 52-week high of $230.63 and a low of $142.43. The company reported impressive first-quarter revenue of $11.7 billion, which exceeded analysts’ forecasts, primarily due to ongoing diversification initiatives.

Arm Holdings Plc (ARM)

Arm Holdings saw its stock price increase by 6.82%, closing at $173.26. The shares reached an intraday high of $173.95 and a low of $162.50, with a 52-week range from $71.80 to $188.75. The company exceeded expectations in its third-quarter earnings report, achieving revenue of $983 million alongside adjusted earnings of 39 cents per share.

Ford Motor Co. (F)

Ford’s stock faced a decline of 1.48%, ending the day at $10.01. During the session, the stock hit a high of $10.32 and a low of $9.96, with a 52-week range from $9.49 to $14.85. The company reported fourth-quarter earnings of 39 cents per share, which exceeded the 33-cent estimate, supported by revenue of $48.2 billion.

Tesla Inc. (TSLA)

Tesla’s stock dropped by 3.58%, closing at $378.17. The shares reached an intraday high of $388.39 and a low of $375.53, with a 52-week range of $138.80 to $488.54. Reports indicate that Elon Musk may meet with Indian Prime Minister Narendra Modi later this month to discuss potential Tesla and Starlink launches in India.

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