At the close of Tuesday’s trading session, key U.S. stock indices showed gains, with the Dow Jones Industrial Average climbing 0.7% to reach 38,503.69, the S&P 500 increasing by 1.2% to 5,070.55, and the Nasdaq also experiencing a rise of 1.6% to hit 15,969.64.
Tesla Inc.’s stock rose by 1.80%, closing at $144.61. The stock’s intraday high was $147.26, with a low of $141.11. The 52-week high and low are $299.29 and $138.80, respectively. The Elon Musk-led company reported first-quarter revenue of $21.0 billion, a 9% year-over-year decrease, missing the Street consensus estimate.
Meta Platforms saw a 2.92% increase, closing at $495.78. The intraday high and low were $498.76 and $488.97, respectively, with a 52-week range of $531.49 to $207.13. Analysts expect the company to report first-quarter revenue of $36.16 billion.
Enphase Energy’s stock rose by 2.62%, ending the day at $113.41. The intraday high was $116.1, and the low was $109.65. The 52-week high and low are $228.36 and $73.49, respectively. The company reported first-quarter revenue of $263.3 million, missing the consensus estimate.
Texas Instruments saw a 1.22% increase, closing at $165.42. The intraday high and low were $166.9 and $162.46, respectively, with a 52-week range of $188.12 to $139.48. The company reported first-quarter revenue of $3.66 billion, beating the consensus estimate.
Rivian Automotive’s stock rose by 2.84%, closing at $9.04. The stock’s intraday high was $9.24, with a low of $8.69. The 52-week high and low are $28.06 and $8.26, respectively. The company announced a discount of up to $5,000 on qualifying new R1 models when customers trade in select gas-powered vehicles.
