Amazon, Netflix jump up to 7%, Nasdaq ends higher; check top gainers and losers

Share Market Today In The US

US stocks closed higher with the Dow Jones index gaining 0.15% on Wednesday. S&P 500 edged higher 0.59% while the tech-heavy Nasdaq index witnessed a 1.58% gain. There has been a sharp rally in tech, crypto and other risk assets over the past few days on the back of better-than-expected earnings.

Top Gainers and Losers in US Stock Market Today

Amazon jumped 4%: Amazon share price extended gains ahead of earnings release, anticipation of strong sales growth boosted sentiments.

ARK Genomic Revolution ETF jumped 3%: ARK Genomic Revolution ETF jumped tracking the gains in underlying pharma stocks of Beam, Intellia, Twist etc.

ARK Innovation ETF jumped 5%: ARK Innovation ETF jumped tracking the gains in underlying growth stocks of Zoom, Beam, Block, and Intellia etc.

Atlassian shot up 11%: Atlassian share price rallied sharply after Investment bank Bernstein recommended a 'Buy' rating with a 20% upside potential on share price.

Coinbase shot up 14%: Coinbase share price extended gains tracking the jump in the prices of cryptocurrencies including Bitcoin, Ethereum, and dogecoin etc.

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF shot up 6%: Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF shot up tracking the gains in oil and gas stocks amid the volatility in oil prices.

Direxion Daily Semiconductor Bull 3X ETF jumped 7%: Direxion Daily Semiconductor Bull 3X ETF extended gains tracking the jump in semiconductor stock prices such as Nvidia, AMD, and Qualcomm.

Direxion Daily Technology Bull 3X Shares shot up 5%: Direxion Daily Technology Bull 3X ETF jumped tracking the gains in Big Tech stocks amid positivity in broad market post strong results by banking and tech firms.

Facebook (Meta) jumped 5%: Facebook (Meta) share price extended gains ahead of earnings release in coming quarter, news of increase in investment by a large hedge fund.

IBM sank 1%: IBM share price extended fall post a warnings of $3.5 billion loss in 2022 due to US dollar (forex) volatility.

Invesco NASDAQ 100 ETF rose 2%: Invesco NASDAQ 100 ETF jumped tracking the gains in Big Tech stocks amid positivity in broad market post strong results by banking and tech firms.

Invesco QQQ Trust Series 1 jumped 2%: Invesco QQQ Trust Series 1 ETF jumped tracking the gains in Big Tech stocks amid positivity in broad market post strong results by banking and tech firms.

Netflix gained 7%: Netflix jumped post earnings release, lesser loss of subscriber, plans of early launch of Ad-supported subscription plans boosted investor sentiments.

Nu shot up 14%: Nu share price jumped sharply post New Street Research upgraded the stock to 'Buy' rating and gave a share price target of $7, indicating a 50% upside potential.

ProShares Bitcoin Strategy ETF rose 1%: ProShares Bitcoin Strategy ETF extended gains tracking the gains in Bitcoin prices and trading volumes.

ProShares Ultra Semiconductors shot up 6%: ProShares Ultra Semiconductors extended gains tracking the jump in semiconductor stock prices such as Nvidia, AMD, and Qualcomm.

ProShares UltraPro S&P 500 ETF shot up 2%: ProShares UltraPro S&P 500 ETF jumped tracking the gains in S&P 500 index's Tech and energy stocks.

Shopify shot up 12%: Shopify share price extended rally after declaring partnership with YouTube for enabling sales of Shopify-listed products on YouTube videos.

Snapchat shot up 10%: Snap’s stock price rose ahead of second-quarter earnings, expectations of strong growth in daily active users.

UiPath shot up 10%: UiPath share price jumped on the back of a technical bounceback, positive momentum in tech & growth stocks at wall-street.

Unity shot up 14%: Unity share price extended gains on the back of technical bounceback, positive momentum in tech & growth stocks.

Vanguard S&P 500 Growth ETF jumped 1%: Vanguard S&P 500 Growth ETF jumped tracking the gains in growth stocks from Tech and energy sectors on wall-street.

Workhorse shot up 16%: Workhorse share price jumped sharply over the anticipation of being a possible contender for United States Postal Service's additional electric delivery vehicles purchase contract.