Major US indices ended lower on Thursday as investors continued to digest higher Treasury yields and important gains. The benchmark 10-year US Treasury bond yield exceeded 4.239%, a level not seen since 2008 stock market fell for the second day in a row, gasoline ga brings you a list of the top five trending stocks.
1. AT&T Inc. T: Shares of the telecom company rose more than 7% after reporting revenue of $29.64 billion, beating a consensus estimate of $29.56 billion. AT&T reported earnings per share of 68 cents, which also beat analysts’ average estimate of 61 cents.
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2. Tesla Inc TSLA: Shares of the EV maker closed over 6% lower on Thursday despite with revenue of $21.45 billion in the third quarterwhich is up 56% year over year but missed a Wall Street estimate of $21.96 billion. Invest Ark founder Cathie Wood Raised $13 million of Tesla shares on Thursday.
3. Advanced Micro Devices, Inc. AMD: AMD rallied along with other chipmaker stocks before paring gains towards the end of the session. It has also announced a live stream event to reveal the next generation of AMD Radeo Graphic.
4. NVIDIA Corporation NVDA: NVIDIA shares rose Thursday morning to close 1.19% higher. On Tuesday, Deutsche Bank kept its “hold” rating on the stock and lowered its price target to $140 from $165, according to Benzinga Analyst Stock Ratings tool.
5. Candel Therapeutics Inc CADL: Shares of the clinical-stage biopharmaceutical company closed over 32% lower on Thursday. Year-to-date, the stock is down over 81%.
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