Investor Interest in Apple, Intel, Walgreens, UPS, and Tesla Stocks

On Thursday, January 30, 2025, despite a slower than expected economic growth in the US, the stock market managed to close in positive territory. The S&P 500 rose by 0.5%, while the Nasdaq saw an uptick of 0.4%. This uptick came even as the GDP growth rate for the last quarter of 2024 fell short of the anticipated 2.6% increase. The Nasdaq, heavily weighted towards technology stocks, ended at 19,681.75, up by 0.25% for the day.

During the trading session, several stocks garnered significant attention from retail traders and investors:

Apple Inc. (AAPL)

Apple's stock experienced a slight decline of 0.74%, closing at $237.59. However, it showcased strength in after-hours trading, with shares climbing nearly 3%. The day's trading saw an intraday high of $240.79 and a low of $237.21, while the stock operates within a 52-week range of $260.09 to $164.08. Apple reported a successful first quarter with revenue hitting $124.3 billion and adjusted earnings per share at $2.40, both figures exceeding analysts' expectations.

Intel Corp. (INTC)

Intel's shares increased by 1.32%, closing at $20.01. The stock traded within an intraday range of $20.10 to $19.43, and has a 52-week range of $46.63 to $18.51. Investors showed keen interest as news about the ongoing CEO search and possible segment spin-offs emerged, especially following the company's fourth-quarter earnings report which revealed an EPS of 13 cents, surpassing the consensus estimate of 12 cents.

Walgreens Boots Alliance Inc. (WBA)

Walgreens saw its stock rise by 1.87%, closing at $11.46 after reaching an intraday high of $11.60 and a low of $11.25. Its 52-week trading range is from $23.77 to $8.08. The company announced the suspension of its quarterly dividend as part of a broader strategy for long-term recovery, which was a focal point for many investors.

United Parcel Service Inc. (UPS)

In contrast, UPS faced significant challenges as its shares dropped by a staggering 14.11%, closing at $114.90. The stock fluctuated between a high of $117.98 and a low of $109.62 during the day, with a 52-week range of $158.95 to $109.62. The company reported a year-over-year consolidated revenue growth of just 1.5% for the fourth quarter, falling short of investor expectations.

Tesla Inc. (TSLA)

Tesla's stock rose by 2.87%, closing at $400.28 with intraday prices ranging from $412.50 to $384.41 and a 52-week range spanning $488.54 to $138.80. During the day, CEO Elon Musk highlighted the anticipated production delays for the new Model Y vehicle, stating that these would result in several weeks of lost output in the first quarter.

This mix of stock performances reflects the various dynamics at play in the market as investors react to both earnings reports and broader economic indicators.

Stock, Market, Earnings, Investment, Tech