Wall Street’s main indices rose over 1% on Wednesday, buoyed by confidence that a possible resolution to the problem is at hand A debt ceiling crisis could loom. Democrats in the House of Representatives The US plans to submit a relief proposal to raise the debt ceiling if necessary, House Speaker Hakeem Jeffries said, according to a Reuters report. A rally in regional bank stocks also helped improve investor sentiment on the health of the banking sector. Now, here are the five stocks that are attracting investors’ attention:
1. Tesla Inc TSLA: The company’s shares closed 4.41% higher on Wednesday. The electric vehicle maker has proposed setting up a factory in India to build electric cars for domestic sales and export. Senior Tesla executives are in India this week to meet with the government and hold local talks procurement of parts and other problems.
Also read: Everything you need to know about Tesla shares
2. Cisco Systems Inc CSCO: The company’s shares closed 1.51% higher but lost 3.91% in extended trading. Cisco’s third-quarter revenue rose 14% year over year to $14.6 billion. surpass estimated $14.4 billion.
3. NVIDIA Corporation NVDA: The company’s shares closed 3.3% higher on Wednesday Hedge funds increased their stakes in the company. At least three hedge funds increased their exposure to the stock this week, including Tiger Global Management, coatue managementAnd Appaloosa.
4. stone co ltd STNE: The company’s shares closed 3.42% higher on Wednesday. The Brazilian company reported adjusted net income of BRL 236.6 million ($47.9 million), more than five times the previous year’s figure.
5. Take-Two Interactive Software, Inc TTWO: The company’s shares closed over 9% higher in extended trading. The company reported fourth-quarter revenue of $1.45 billion, up 56% year over year. Take-Two also said bookings during the quarter totaled $1.4 billion. above the company’s expectations.
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