Tesla, Amazon, Apple, Alphabet, Gaucho Group: Why These Five Stocks Are Drawing Investors' Attention Today?
U.S. markets surged on Thursday led by upbeat earnings posted by Meta Platforms Inc (NASDAQ:META). Part of the rally could also be attributed to lower bond yields. The Nasdaq Composite Index closed 3.25% lower while the S&P 500 ended Thursday’s session 1.47% higher. The Dow Jones closed marginally in the red. Following are the five stocks that are drawing investors’ attention:
1. Tesla Inc (NASDAQ:TSLA): Shares of Tesla closed 3.78% higher but lost 1.9% in extended trading. The company is soon expected to announce an investment in Mexico, reported Bloomberg. The EV-maker is planning to set up an assembly plant near a new Mexico City airport, which would function as an export hub for the company, Mexican presidential spokesman Jesus Ramirez had said earlier this week.
Also Read: Everything You Need To Know About Tesla Stock
2. Amazon.com, Inc. (NASDAQ:AMZN): Shares of Amazon closed 7.38% higher on Thursday but lost 4.7% in extended trading. The retail giant reported fourth-quarter net sales of $149.2 billion, up 9% year-over-year. However, it said its first-quarter operating income could be between zero and $4 billion, compared to $3.7 billion in the prior year.
3. Apple Inc (NASDAQ:AAPL): Shares of Apple ended 3.71% higher on Thursday but lost 3.36% in extended trading. Apple’s top line fell 5% year-over-year to $117.2 billion, missing the consensus estimate of $121.1 billion. The company forecast that revenue would decline for a second quarter in a row but iPhone sales were likely to improve as production had returned to normal in China following COVID-related shutdowns, reported Reuters.
4. Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL): Shares of Alphabet gained over 7% but declined over 4% in extended trading. The Google parent company reported quarterly earnings of $1.05 per share, which missed average estimates of $1.18 per share. Fourth-quarter revenue increased 1% year-over-year to $76.05 billion, which beat average analyst estimates of $75.69 billion.
5. Gaucho Group Holdings, Inc. (NASDAQ:VINO): Shares of the company closed 339.02% higher on Thursday after it announced a $44 million funding. With an approved $44 million equity line of credit, the company said it now has a funding mechanism for its growth plans in 2023 and beyond.