2023-01-26 00:50:03

Tesla, Amazon, Shopify, IBM, ServiceNow: Top Trending Stocks

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Benzinga
By Bhavik Nair

Major Wall Street indices recorded mixed performance on Wednesday as investors and traders assessed the latest set of corporate earnings, including that of Microsoft Corp MSFT which provided weak guidance during its earnings call. The Nasdaq Composite closed 0.18% lower, while the S&P 500 lost 0.018%. The Dow Jones ended marginally in the green. Meanwhile, the following are the five stocks that are drawing investors attention:

1. Tesla Inc TSLA: Shares of Tesla gained 5.44% in extended trading on Wednesday after the company reported its quarterly earnings which marked the highest revenue, operating income and net income in company history. Tesla reported fourth-quarter revenue of $24.32 billion, which was up 37% year-over-year and beat a Street estimate of $24.16 billion. Its adjusted earnings per share stood at $1.19, beating a Street estimate of $1.13.

2. Amazon.com, Inc. AMZN: Shares of Amazon closed 0.89% higher on Wednesday. The retail giants workers at a warehouse in central England walked out on Wednesday, registering their protest over pay, reported Reuters. This is the first time the company's operations in Britain have faced strike action.

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