Why did Nvidia, Amazon gain? Check top gainers and losers in US stock market today
Last updated:
What happened in the US stock market today?
- US Stocks ended higher on Thursday. Dow Jones up 0.98%, SP 500 ended 1.41% higher while Nasdaq ended 1.67% higher.
- US markets ended higher aided by gains in tech stocks. Nvidia, Amazon led Nasdaq higher as investors focused on Fed Chair Jerome Powell’s Jackson Hole speech for cues on monetary policy.
- Declining treasury yields lifted tech stocks, with Amazon and Google ending more than 2% higher.
- Tesla share price ended flat post its 3-for-1 stock split.
US Most Active Stocks Today
| AMD jumped 5% | AMD share price rallied along with other chip stocks after Nvidia's strong June quarter earning release, solid growth outlook. |
| Arcimoto fell 3% | Arcimoto share price fell post a downgrade and target price cut by analysts. |
| ARK Genomic Revolution ETF rose 2% | ARK Genomic Revolution ETF price rose driven by gains in underlying stocks of Exact Sciences, Twist Bioscience, Pacific Biosciences, and Teladoc Health. |
| ARK Innovation ETF jumped 3% | ARK Innovation ETF price rose driven by gains in underlying stocks of Unity Software, Roku and Teladoc Health. |
| Cloudflare rose 3% | Cloudflare share price rose over reports of large institutional investors Mirae Asset Global, Aaron Wealth buying a stake. |
| 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 rose 1% | Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares ETF price rose tracking the gains in the energy stocks of Devon Energy, ConocoPhillips and Marathon Petroleum. |
| Direxion Daily Semiconductor Bull 3X ETF skyrocketed 11% | Direxion Daily Semiconductor Bull 3X ETF price jumped sharply tracking the positive trend in chip stocks after solid earnings release by Nvidia. |
| Direxion Daily Technology Bull 3X ETF jumped 5% | Direxion Daily Technology Bull 3X ETF price jumped higher on the back of sharp rally in Nvidia, PayPal and Visa shares. |
| Facebook (Meta) jumped 3% | Facebook (Meta) share price jumped sharply over reports of firm planning to debut new VR headset in October 2022. |
| Ford rose 3% | Ford share price rose over reports of reopening order book for higher priced 2023 Mustang Mach-E, solid demand witnessed. |
| Netflix rose 2% | Netflix share price witnessed buying post business outlook, reports of WWE shows coming to Netflix, launch of new mobile games. |
| Nio jumped 6% | Nio share price rallied sharply over anticipation of a policy stimulus in China for growth, easy capital expenditure growth. |
| Nu ended 1% higher | Nu share price rose post analysts' upgrades, shuffling of key executive to drive growth in Latin American markets. |
| NVIDIA jumped 4% | NVIDIA share price jumped sharply post earnings release, strong business growth outlook boosted investor sentiments. |
| ProShares Bitcoin Strategy ETF fell 1% | ProShares Bitcoin Strategy ETF price fell tracking the losses in Bitcoin prices and trading volumes. |
| ProShares Ultra Semiconductors jumped 7% | ProShares Ultra Semiconductors ETF price jumped sharply tracking the positive trend in chip stocks after solid earnings release by Nvidia. |
| ProShares UltraPro S&P 500 ETF gained 4% | 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 6% fall last week, reports of US government's attempt to bolster investments in the EV sector boosted the sentiments. |
| Robinhood rose 5% | Robinhood share price extended gains over reports of it bidding for partnership with CBOE for new exchange. |
| Roblox ended 1% higher | Roblox share price ended higher amid Citigroup's positive report, share price target of $55, stock still down 58% since the start of year 2022. |
| Salesforce fell 3% | Salesforce share price fell sharply over reports of firm slashing its revenue outlook amid $10 Billion share buyback. |
| Shopify jumped 3% | Shopify share price gained over reports of launching an easy funding program in Australia for merchants. |
| Snapchat gained 3% | Snapchat share price rose over reports of Mercer Global Advisors buying a stake, $35M settlement in Illinois privacy lawsuit. |
| Snowflake jumped 23% | Snowflake share price rallied after the cloud data leader reported blockbuster growth metrics during June quarter's earnings release, solid growth outlook. |
| Tesla ended flat | Tesla share price ended flat post its 3-for-1 stock split. |
| Twitter rose 1% | Twitter share price extended gains reports of company denying the weak cybersecurity policies, whistleblower complaint. |
| Udemy jumped 6% | Udemy share price rallied sharply over reports of expansion in Asia Pacific region through partnership with Vietnam's FUNiX platform. |
| Unity Software jumped 7% | Unity Software share price rose over reports of Mercer Global Advisors buying a stake. |
How did the US stock market close yesterday?
US Stocks ended higher on Thursday. Dow Jones up 0.98%, SP 500 ended 1.41% higher while Nasdaq ended 1.67% higher.
What led US stocks higher?
US markets ended higher aided by gains in tech stocks. Nvidia, Amazon led Nasdaq higher as investors focused on Fed Chair Jerome Powell’s Jackson Hole speech for cues on monetary policy.
What happened to Tesla post split?
Tesla share price ended flat post its 3-for-1 stock split.
Share: