10 Top-Traded US Stocks for Wednesday (7/7)

The $S&P 500 Index (.SPX.US)$and $Dow Jones Industrial Average (.DJI.US)$rose 0.3% and the $Nasdaq Composite Index (.IXIC.US)$ended the session roughly flat.

$Oracle (ORCL.US)$posted a notable gain on Wednesday, pushing shares of the enterprise software giant to set a new record high. The advance came as the company got mentioned as one of the firms set to take advantage of a new major Department of Defense contract.

This was part strong day for big tech. $Apple (AAPL.US)$, $Microsoft (MSFT.US)$and $Amazon (AMZN.US)$set fresh peaks as well.

Some other tech big-shots received notice during Wednesday's session as well. $Meta Platforms (FB.US)$Mark Zuckerberg and $Twitter (Delisted) (TWTR.US)$Jack Dorsey are reportedly facing a lawsuit from former president Donald Trump.

$Tesla (TSLA.US)$will likely face increased scrutiny in China as a result of the country's recent crackdown on ride-sharing app, according to Morgan Stanley. Shares down 2.26% on Wednesday.

$Generac (GNRC.US)$jumped to record highs after several analysts were positive on their Chilicon acquisition to enter the microinverter market.

$Boston Beer (SAM.US)$jumped after Credit Suisse upgrades it to OP with 61% upside to its PT as the best positioned in hard seltzer.

$SMART Global (SGH.US)$surged more than 20% to record highs after its strong beat and raise quarterly earnings report.

$Occidental Petroleum (OXY.US)$energy stocks were broadly higher pre-market session Wednesday with oil rallying close to $75/barrel, but oil's retreat to its lowest price in 2.5 weeks on the UAE's reported push to boost production amid higher demand drags the sector.

$MarketAxess (MKTX.US)$sank as one of the S&P 500's worst performers after its Q2 trading volume missed estimates.

Read more:Wall Street Today: Oil, Gas stock ETFs are attracting most money in a decade


$Oracle (ORCL.US)$, $Nucor (NUE.US)$, $CarMax (KMX.US)$, $Biogen (BIIB.US)$, $Rockwell Automation (ROK.US)$, $Xilinx (XLNX.US)$, $MarketAxess (MKTX.US)$, $Penn Entertainment (PENN.US)$, $Advanced Micro Devices (AMD.US)$, $Carnival (CCL.US)$