PLTR, NVDA, PYPL, COST, TSLA: Top 5 Trending Stocks Today

U.S. stock markets faced a decline today, with the Dow Jones index falling about 120 points, settling at 44,421.91. The NASDAQ dropped by 1.2% to 19,391.96, and the S&P 500 decreased by 0.8%, finishing at 5,994.57.

Here are the top stocks that drew attention from retail traders and investors throughout the day:

Palantir Technologies Inc.

Palantir Technologies saw a modest gain of 1.52%, closing at $83.74. The stock had an intraday high of $84.25 and a low of $78.47, with a 52-week high of $84.25 and a low of $15.67. After hours, it surged by 22.75% to $102.79, exceeding Jim Cramer’s $100 prediction, with him reiterating his confidence in the stock. Analyst Dan Ives from Wedbush referred to this earnings report as a "massive AIP growth" moment, comparing Palantir to "the next Oracle" and noting its potential in the AI market. On Monday, Palantir reported fourth-quarter revenues of $827.5 million, surpassing the consensus estimate of $775.91 million.

NVIDIA Corporation

NVIDIA experienced a decline of 2.84%, closing at $116.66. The stock recorded a high of $118.57 and a low of $113.01 during the day, with a 52-week range between $153.13 and $66.25. This drop followed new tariffs imposed on imports from China, Mexico, and Canada, which affected multiple tech stocks.

PayPal Holdings Inc.

PayPal saw a slight increase of 1.05%, closing at $89.51. Its intraday high was $89.71, and its low was $86.00. The stock has a 52-week range of $93.64 to $55.77. Investors are eagerly awaiting the company’s fourth-quarter earnings report scheduled for Tuesday, with expectations of a $1.12 EPS and $8.26 billion in revenue.

Costco Wholesale Corporation

Costco’s shares rose by 2.65%, closing at $1005.83. The stock reached an intraday high of $1009.61 and a low of $968.94, with a 52-week high of $1009.61 and a low of $697.27. Analysts have varied opinions on Costco, with recent ratings showing mixed sentiments regarding its stock future. The 12-month price target has been raised to an average of $1,041.75, reflecting a 7.35% increase from the previous $970.38, with estimates ranging between $900 and $1,175.

Tesla, Inc.

Tesla witnessed a substantial drop of 5.17%, closing at $383.68. The intraday high was $389.17, and the low was $374.36, with a 52-week range of $488.54 to $138.80. This decline followed the announcement of new tariffs related to imports from Canada, Mexico, and China, affecting the company’s stock performance.

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