US Market today: Why did Twitter stock gain? Check out gainers and losers in US stocks today
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What happened in the US stock market today?
- US market ended higher with Nasdaq up 0.41%, Dow rose 0.2% and SP 500 ended 0.3% higher.
- Nvidia stock slid more than 4% in post market trading on June quarterly report missing Wall Street’s expectations.
- Salesforce share price fell more than 6% in post market trading after it provided a disappointing forecast for fiscal 2023.
- Snowflake stock surged 18% in post market trading after its quarterly revenue beat analyst estimates.
- Autodesk share price climbed 6% in post market trading after its June quarter results beat analyst expectations.
US Most Active Stocks Today
| Stock price action | Reason behind the move |
|---|---|
| Arcimoto rose 2% | Arcimoto share price jumped over reports of opening up its first experience center in Hawaii. |
| ARK Genomic Revolution ETF rose 3% | ARK Genomic Revolution ETF price rose driven by gains in underlying stocks of Pacific Biosciences, Twist Bioscience and CRISPR Therapeutics. |
| ARK Innovation ETF jumped 3% | ARK Innovation ETF price rose driven by gains in underlying stocks of Zoom, Teladoc Health and Shopify. |
| Cloudflare rose 1% | Cloudflare share price rose over reports of large institutional investors Mirae Asset Global, Aaron Wealth. |
| Coinbase ended flat | Coinbase share price ended flat amid reports of increased focus on subscription business, cost minimisation. |
| Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares ETF gained 4% | Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares ETF price rose tracking the gains in the energy stocks of Devon Energy, Antero Resources and ConocoPhillips. |
| Direxion Daily Semiconductor Bull 3X ETF ended flat | Direxion Daily Semiconductor Bull 3X ETF price ended flat tracking the trend in chip stocks ahead of Nvidia earnings. |
| Direxion Daily Technology Bull 3X ETF ended flat | Direxion Daily Technology Bull 3X ETF price ended flat following the trend in Tech stocks ahead of the announcement of US central bank's inflation control plan at Jackson hole meeting on Friday. |
| Ford rose 1% | Ford share price rose over reports of fast paced business restructuring along with job cuts, full focus towards electric vehicles. |
| Netflix rose 2% | Netflix share price witnessed buying over reports of WWE shows coming to Netflix, launch of new mobile games. |
| Nu skyrocketed 9% | Nu share price jumped post analysts' upgrades, shuffling of key executive to drive growth in Latin American markets. |
| ProShares Bitcoin Strategy ETF rose 1% | ProShares Bitcoin Strategy ETF price rose tracking the gains in Bitcoin prices and trading volumes. |
| ProShares Ultra Semiconductors ended flat | ProShares Ultra Semiconductors ETF price ended flat tracking the trend in chip stocks ahead of Nvidia earnings. |
| ProShares UltraPro S&P 500 ETF gained 1% | ProShares UltraPro S&P 500 ETF price rose tracking the gains in S&P 500 index ahead of the announcement of US central bank's inflation control plan at Jackson hole meeting on Friday. |
| Rivian gained 1% | Rivian share price witnessed short covering after the 11% fall last week, reports of US government's attempt to bolster investments in the EV sector boosted the sentiments. |
| Robinhood rose 2% | Robinhood share price extended gains over bargain hunting at lower levels, share down 81% in last 1-year. |
| Roblox ended flat | Roblox share price ended flat amid Citigroup's positive reports, share price target of $55, stock still down 58% since the start of year 2022. |
| Shopify jumped 3% | Shopify share price gained over reports of launching an easy funding program in Australia for merchants. |
| Snapchat gained 2% | Snapchat share price rose over reports of Mercer Global Advisors buying a stake. |
| Tesla ended flat | Tesla share price ended flat ahead of its 3-for-1 stock split. |
| Twitter rose 2% | Twitter share price rose over reports of company denying the weak cybersecurity policies, whistle-blower complaint. |
Why did Twitter share price rise?
Twitter share price rose over reports of company denying the weak cybersecurity policies, whistle-blower complaint.
Why is Nvidia stock trading lower?
Nvidia stock slid more than 4% in post market trading on June quarterly report missing Wall Street’s expectations.
Why did Shopify stock jump?
Shopify share price gained over reports of launching an easy funding program in Australia for merchants.
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