Palantir, Boeing, Lucid Group, Hims & Hers, Tesla: Why These 5 Stocks Are On Investors' Radars Today

Benzinga Neuro

May 06, 2024

On Monday, major U.S. stock indexes experienced gains, with the S&P500 closing nearly 1% higher at 5,180.74, the Dow Jones Industrial Average up almost 0.5% at 38,852.27, and the Nasdaq finishing the day with a 1.19% increase at 16,349.25.

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

Palantir Technologies Inc (NYSE:PLTR)

Palantir’s stock rose by 8.06% to close at $25.21. The intraday high and low were $25.36 and $24.03, respectively, with a 52-week range of $7.59 to $27.5. The company reported a 21% year-over-year increase in first-quarter revenue to $634 million, beating the consensus estimate.

Boeing Company (NYSE:BA)

Boeing’s shares fell by 0.80% to close at $178.35. The intraday high and low were $183.98 and $174.71, respectively, with a 52-week range of $159.7 to $267.54. The company is under a new FAA investigation related to the inspections of its 787 Dreamliner.

See Also: Tesla’s Dogecoin Adoption Sends Crypto Market Into Frenzy, Meme Coin Surges By Over 21%

Lucid Group, Inc. (NASDAQ:LCID)

Lucid’s stock surged by 9.52% to close at $3.05. The intraday high and low were $3.09 and $2.81, respectively, with a 52-week range of $2.29 to $8.37. The electric vehicle company reported first-quarter revenue of $172.7 million, beating the Street consensus estimate. Find out more here.

Hims & Hers Health Inc (NYSE:HIMS)

Hims & Hers Health’s stock increased by 3.46% to close at $11.65. The intraday high and low were $11.9 and $11.45, respectively, with a 52-week range of $5.65 to $17.16. The company reported better-than-expected first-quarter results and strong guidance. Quarterly sales came in at $278.17 million beating the analyst consensus estimate of $270.38 million.

Tesla Inc (NASDAQ:TSLA)

Tesla’s shares rose by 1.97% to close at $184.76. The intraday high and low were $187.56 and $182.2, respectively, with a 52-week range of $138.8 to $299.29. The company has reportedly laid off more employees over the weekend.

Photo by WHYFRAME on Shutterstock

Prepare for the day’s trading with top premarket movers and news by Benzinga.

Read Next: How To Earn $500 A Month From Nvidia Stock Ahead Of Q1 Earnings Report

Engineered by Benzinga Neuro, Edited by Shivdeep Dhaliwal

The GPT-4-based Benzinga Neuro content generation system exploits the extensive Benzinga Ecosystem, including native data, APIs, and more to create comprehensive and timely stories for you. Learn more.

Recommended

$3 Electric Aviation Stock With Tremendous Potential - Ad

The $20 Trillion Secret of Room 3330 - Ad

Exposed: 3 Cent Crypto to Explode March 24th? - Ad

WASHINGTON (AP) — President in recent days has dismissed and brushed aside the stock market sell-off, going so far as to say, “You can’t really watch the stock market." That's a new message from a leader who has frequently pointed to the market's ups and downs as a reflection of himself and his activities, even when he was not in power.

China learned from Trump's first trade war and changed its tactics when tariffs came again

WASHINGTON (AP) — The leaders of both Canada and Mexico got on the phone with President Donald Trump this past week to on their countries, but China’s president appears unlikely to make a similar call soon.

Breaking: Elon and Doge's Big AI Announcement

Breaking: Elon and Doge's Big AI Announcement - Ad

The AI market is down--but not for long. Elon Musk's DOGE could be about to unveil a game-changing AI that could replace wasteful bureaucrats & save billions. When the news drops, we believe the market will react fast--6 stocks could skyrocket. Don't miss out on this massive opportunity!

Mark Cuban Warns Elon Musk Is Making Trump's Job '1,000 Times Harder'

Elon Musk, who is leading the charge at the Department of Government Efficiency, has received a warning from Mark Cuban.

What makes Greenland a strategic prize at a time of rising tensions? And why now?

NUUK, Greenland (AP) — When U.S. President Donald Trump first suggested in 2019, people thought it was just a joke. No one is laughing now.

What Happens When Every Bureaucrat Is Gone?

What Happens When Every Bureaucrat Is Gone? - Ad

DOGE could be on the verge of replacing thousands of entrenched government bureaucrats with a new form of AI. This one move could save American taxpayers billions of dollars. But even more important to you as an investor ...It could light a fire under the AI market. And I believe six specific stocks could soar as a result.

Warren Buffett on Debt and Donald Trump's Money Moves: Trump 'Never Went Right'

In a piece of advice that continues to hold relevance, investor Warren Buffett once warned students about the perils of excessive borrowing, citing Donald Trump as a case in point.

Elon Musk's xAI Acquires 1-Million-Square-Foot Property In Memphis For Supercomputer Expansion

Elon Musk's xAI has acquired a 1-million-square-foot property in Memphis to expand its Colossus supercomputer.

Strikes and Economic Unrest: Are You Prepared for What's Coming?

Strikes and Economic Unrest: Are You Prepared for What's Coming? - Ad

Louis Navellier has issued a chilling warning about the economic turmoil gripping America today. The rapid advancement of artificial intelligence and automation is reshaping industries and posing threats to jobs, pushing America's financial system to its limits. If you're not prepared, it could devastate your savings, investments, and even your retirement.

Who is Mark Carney, the next prime minister of Canada?

TORONTO (AP) — Former central banker Mark Carney will become Canada’s next prime minister after a Liberal Party leadership vote in a landslide.

What's Going On With Gap Stock Friday?

Gap stock is trading higher on Friday after the company reported fourth-quarter earnings on Thursday after the market closed.

An Electric Aircraft Company With Potential to Break Out

An Electric Aircraft Company With Potential to Break Out - Ad

If you're watching the electric aviation sector, this is a stock to keep an eye on with a strong market position and cutting-edge technology.

Mark Cuban Once Questioned Whether Donald Trump Is Really a Billionaire

Mark Cuban once publicly challenged the legitimacy of President Trump's billionaire status.

Sam Bankman-Fried Says Prison Inmate Diddy Has Been 'Kind' To Him: 'It's A Position No One Wants To Be In'

Jailed cryptocurrency fraudster Sam Bankman-Fried shared his prison experience and interaction with fellow inmate rapper Sean Combs, popularly known as "Diddy," according to an interview released Thursday.

9-Minute Trade Unlocked $67,548 Income Avalanche -- Copy and Paste

9-Minute Trade Unlocked $67,548 Income Avalanche -- Copy and Paste - Ad

Forget cryptos, pot stocks, and other "shiny object" investments. Instead, you could collect an average of $185 every day of the year with this "boring" trade strategy Forbes magazine says is "like finding money in the street."

Apple's AI Crisis: Falling Behind In The AI Race?

Apple is grappling with an artificial intelligence (AI) crisis, as its rivals, including Amazon, surge ahead in the AI technology race.

Cathie Wood Stands By 'Deflationary Boom' Call As Gene Munster Compares Market Turmoil To Dot-Com Bubble

Ark Funds CEO Cathie Wood forecasts a "deflationary boom" as markets tumbled on Monday, with the Magnificent Seven tech stocks shedding approximately $780 billion in market capitalization.

"Boring Trade" Generates $185 Every Day. Like Clockwork.

"Boring Trade" Generates $185 Every Day. Like Clockwork. - Ad

China imposes retaliatory tariffs on Canadian farm and food products

BEIJING (AP) — China on Saturday announced retaliatory tariffs on some Canadian farm and food imports, after Canada imposed duties in October on Chinese-made electric vehicles and steel and aluminum products.

Melinda French Gates Reveals An IBM Manager Inspired Her To Join Bill Gates Co-Founded 'Little Company' Microsoft

Melinda French Gates credited a conversation with an IBM (NYSE: IBM) hiring manager for her decision to join Microsoft (NASDAQ: MSFT), a choice that significantly impacted her career and personal life.

Trump Bombshell to Hit by April 30th?

Trump Bombshell to Hit by April 30th? - Ad

According to Louis Navellier, the legendary investor who picked Nvidia before shares exploded as high as 3,423%... Before April 30th, President Trump could make a shocking AI announcement... Sending these stocks exploding higher.

Apple Delays Next-Gen Siri: 'It's Going To Take Us Longer Than We Thought' To Deliver AI Upgrades

Apple has delayed its next-gen Siri upgrade, citing the need for more development time, while internal reports suggest significant issues could push the AI-powered features back until iOS 20 or later.

Zelenskyy Says 'Not Sure' He Did Something Bad After Public Spat With Trump, JD Vance: 'We Have To Be Very Honest And Direct'

Ukrainian President Volodymyr Zelenskyy expressed optimism about mending ties between the two leaders, despite the incident.

Warning: China Launches AI Attack on America

Warning: China Launches AI Attack on America - Ad

China just launched what can only be described as an AI attack on America. And according to Louis Navellier, the legendary investor who picked Nvidia before shares exploded as high as 3,423%... President Trump is already planning a counter attack. And it's creating an incredible opportunity for you in this small group of AI stocks.

Mark Carney Takes Justin Trudeau's Job As Canada's New PM, Ready to Face Trump's Tariff Threats: 'I Know How To Manage Crises'

Mark Carney, a former central banker with no prior political experience, is set to become Canada's prime minister, tasked with navigating trade tensions and Trump's tariffs.

Oregon police investigate nighttime gunshots that shattered windows at a Tesla dealership

PORTLAND, Ore. (AP) — Police in Oregon said Thursday they are working with the FBI to investigate gunshots fired at a Tesla dealership overnight in the latest instance of vandalism at one of the company's retail stores.

The Gold Shift No One's Talking About - Yet

The Gold Shift No One's Talking About - Yet - Ad

Massive gold shipments are quietly moving from London to the U.S.--no headlines, no explanations. Could a full-scale audit or a new gold-backed system be coming? Smart money isn't waiting. My gold strategy is already doubling physical gold's returns this year.

Elon Musk's DOGE Team Has Door Slammed On It At Africa Aid Agency Amid Raging Turf War

DOGE team members were denied entry to the U.S. African Development Foundation amid tensions over Trump's executive order targeting independent agencies.

IPO Momentum Builds In 2025: Diginex, CTRL Group, And Others Post Strong Gains

US IPO activity saw a meaningful recovery in 2024, with 38% more IPOs and 48% higher proceeds. 2025 may bring even more growth as 36 IPOs have already been priced this year, including Diginex's 600% return.

Strategic Crypto Reserve -- Now Live

Strategic Crypto Reserve -- Now Live - Ad

President Trump made good his promise to crypto enthusiasts - with his announcement of an official Strategic Crypto Reserve. This isn't just another crypto story--it's a game-changer for the U.S. dollar. A southern state is gaining major power, and you need to know what happens next.

Peter Lynch's Evergreen Market Advice: 'If You Can't Find Growth Companies In Innings Three Through Five, Look At Turnarounds'

Peter Lynch shared his insights on the current state of the stock market and his strategies for selecting stocks.

Trump-Announced Strategic Bitcoin Reserve To Allow Buying Additional BTC? Peter Schiff Doesn't Think So But Here's What The Order Says

President Donald Trump's executive order establishing a Strategic Bitcoin (CRYPTO: BTC) Reserve did not have the expected bullish impact on Thursday, as the leading cryptocurrency dropped on the announcement.

The $240M AI Disruptor

The $240M AI Disruptor - Ad

This Nasdaq-listed company is redefining AI in the $124 billion smart glass market. From cockpit shading systems to energy-efficient building glass, their technology powers global leaders like Boeing, Mercedes-Benz, and National Geographic. Their projected $240M revenue from aerospace positions them as an AI-driven market disruptor you can't ignore.

Panama president calls Trump's talk of 'reclaiming' the Panama Canal a lie

PANAMA CITY (AP) — Panama President José Raúl Mulino on Wednesday accused U.S. President Donald Trump of lying when he said in his address to Congress that his administration was “reclaiming” the Panama Canal.

Inflation eases to 2.4% in Europe, supporting likely central bank rate cut

FRANKFURT, Germany (AP) — Inflation in Europe eased to an annual 2.4% in February, supporting the case for another interest rate cut from the European Central Bank but leaving open how far the central bank will go in lowering borrowing costs for an economy that's still struggling to show robust growth.

Buffett, Bezos, and Congress Are Betting Big on This One Sector

Buffett, Bezos, and Congress Are Betting Big on This One Sector - Ad

This corner of the market is NOT artificial intelligence... Crypto... or any other familiar sector or strategy. Instead...It's a sector that the U.S. Gov't spends 6-TIMES more on, than our own ENTIRE military defense budget. Don't let recent market uncertainty keep you in the dark on this massive opportunity.

Southwest Airlines breaks with another tradition and checked bags will cost you now

said Tuesday that it will begin charging customers a fee to check bags, abandoning a decades-long practice that executives had described last fall as key to differentiating from its rivals.

Intel Beats Investor Lawsuit After $32 Billion Stock Plunge - Judge Rules Foundry Losses Weren't Misleading

Intel secured a legal victory after a U.S. judge dismissed a shareholder lawsuit alleging the company misled investors about foundry losses, which contributed to a $32 billion stock plunge.

Elon's Masterplan

Elon's Masterplan - Ad

The media have no idea why he's really seized control of the federal government...But I've spent 25 years connecting the dots no one else can see -- and Musk's true motives will soon shock almost everyone: Named in this video: the #1 investment to make before May 30 -- when this story is all over the financial media.

Universities are facing big cuts to research funding. At Duke, it's a time for 'damage control'

DURHAM, N.C. (AP) — Facing the potential loss of hundreds of millions of dollars in federal funding, Duke University is preparing for the worst.

Trending Now

Trump Praises Treasury's Move To Suspend 'Outrageous' BOI Rule Aimed At Curbing Illegal Activities: 'Biden Rule Has Been An Absolute Disaster For Small Businesses'

Bitcoin, Ethereum, Dogecoin Spike Amid High Hopes From White House Crypto Summit: This Analyst Has Some Good News For Those 'Patiently Holding' Their ETH