US markets had their best week since June as the Nasdaq closed 1.9% higher on Friday after consumer price inflation cooled in October. Tech stocks then shrugged off the cryptocurrency decline FTX filed for bankruptcy on Friday. The S&P 500 gained almost 1% while the Dow ended the week slightly higher. Here are the five stocks that are capturing the attention of retail investors today:
1. Amazon.com, Inc. AMZN: Shares of the retail giant closed over 4% on Friday. Amazon’s shares are higher after the CEO’s news Andy Jassi begins reviewing spending and trimming deals that weren’t profitable. In the latest news, country music star and philanthropist Dolly Parton bagged a $100 million prize Bezos Courage & Civility Award given by the Amazon founder jeff bezos, reported Reuters.
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2. Apple Inc (NASDAQ: AAPL): After the rally led by the inflation report, Apple added over $190.9 billion in market cap on Thursday, the most for any US-listed company. The stock closed up 1.93% on Friday. According to Bloomberg report analyzing Apple’s job vacancies, the company is planning a 3D world and video service for its mixed reality headset.
3. Tesla Inc TSLA: Tesla reportedly said on Sunday it would help Chinese police investigate an accident with one of his Model Y cars, according to local media reports that two people died and three were injured when the driver lost control of the vehicle. Shares of the electric vehicle maker had closed 2.75% higher on Friday.
4. Nio Inc NEVER: Nio shares closed over 11% higher in the US on Friday, despite the company reporting weak numbers. Nio reported a net loss of 4.1 billion yuan ($577.9 million) in the third quarter, compared with a net loss of 835.3 million yuan a year earlier. The company’s total revenue for the quarter was 13 billion yuan (US$1.8 billion). 8.63 billion…
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