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Alibaba, Costco, BlackBerry, JD.Com, Tesla: Why These 5 Stocks Are On Investors' Radars Today

Benzinga ·  22:54

U.S. markets closed higher on Thursday, with the $Dow Jones Industrial Average (.DJI.US)$ climbing 0.6% to 42,175.11 and the $S&P 500 Index (.SPX.US)$ gaining 0.4% to finish at 5,745.37. The $NASDAQ 100 Index (.NDX.US)$ also advanced 0.6%, reaching 18,190.29.

These are the top stocks that gained the attention of retail traders and investors throughout the day:

$Alibaba (BABA.US)$

Alibaba's stock closed with a 10.07% increase at $105.07, hitting an intraday high of $105.97 and a low of $101.76. The 52-week range for the stock is $66.63 to $105.97. Alibaba recently made waves in the tech world by launching over 100 open-source AI models. This ambitious move, dubbed Qwen 2.5, covers a range of industries and signifies Alibaba's bold steps to outpace rivals.

$Costco (COST.US)$

Costco's stock closed down 0.77% at $901.44, with an intraday high of $909.24 and a low of $898.13. The 52-week range for the stock is $540.23 to $923.83. Despite missing fourth-quarter revenue estimates, Costco beat EPS estimates and reported a 5.4% climb in comparable sales.

$BlackBerry (BB.US)$

BlackBerry's stock closed up 6.28% at $2.54, hitting an intraday high of $2.56 and a low of $2.4. The 52-week range for the stock is $2.01 to $4.94. BlackBerry's second-quarter earnings report showed strength in IoT and cybersecurity, beating revenue and EPS estimates.

$JD.com (JD.US)$

JD.com's stock closed up 14.39% at $37.99, with an intraday high of $38.18 and a low of $36.93. The 52-week range for the stock is $20.82 to $38.18. The stock enjoyed a lift following China's announcement of a monetary stimulus earlier this week.

$Tesla (TSLA.US)$

Tesla's stock closed down 1.09% at $254.22, hitting an intraday high of $261.75 and a low of $251.53. The 52-week range for the stock is $138.8 to $271. Tesla recently sent out invites for its much-anticipated robotaxi unveiling event scheduled for October 10.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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