Major U.S. indices closed higher on Tuesday, with the Dow Jones Industrial Average edging up 0.02% to 52,508.27. The S&P 500 gained 0.38% to finish at 7,543.59, while the Nasdaq advanced 0.9% to 26,107.01.
Stocks traded with a firmer tone as cooler-than-expected inflation data lifted risk appetite and eased pressure on the Federal Reserve.
Expectations were reinforced that policymakers can hold rates steady later this month, helping investors look past recent inflation worries. That backdrop gave equities room to extend gains, even as geopolitical energy risks and sticky service prices kept caution in the market.
These are the top stocks that gained the attention of retail traders and investors throughout the day.
International Business Machines Corporation (NYSE:IBM)
IBM fell 25.21% to $217.07, trading between an intraday high of $229.92 and a low of $213.22, while its 52-week range ran from $212.34 to $332.46. In the after-hours trading, the stock rose 1.12% to $219.50.
Shares slid after the company issued a softer-than-expected outlook. IBM CEO Arvind Krishna said the company’s quarterly performance was hurt after enterprise customers shifted spending toward servers, storage and memory to secure supply ahead of expected price increases, delaying purchases of IBM’s Z mainframe systems and related software. He also said evolving cybersecurity concerns disrupted customer buying patterns and acknowledged IBM did not adapt quickly enough to changing market conditions.
Despite the weaker quarter, IBM said Red Hat revenue grew 11%, Distributed Infrastructure revenue increased 37%, and recent acquisitions, including HashiCorp and Confluent, performed well. The company reaffirmed its long-term strategy, highlighting its Lightwell AI security platform and plans to invest more than $10 billion in quantum computing over the next five years, while targeting a fault-tolerant quantum computer by 2029.
CrowdStrike Holdings, Inc. (NASDAQ:CRWD)
CrowdStrike rose 12.14% to $210.73, with an intraday high of $211 and a low of $189.46, compared with a 52-week range of $85.68 to $211.
CrowdStrike shares rose Tuesday as investors continued buying cybersecurity stocks amid strong demand for AI-driven security solutions. The stock is trading near its 52-week high, supported by a bullish technical setup, with shares remaining well above their 20-day and 200-day moving averages and momentum indicators signaling continued buying interest.
SK Hynix Inc. (NASDAQ:SKHY)
SK Hynix ADR jumped 27.29% to $193.92, reaching an intraday high of $194.80 and a low of $165.50, with a 52-week range of $151.30 to $194.80. In the after-hours trading, the stock fell 4.13% to $185.91.
The memory-chip maker drew heavy attention after its U.S.-listed shares surged sharply, outpacing the Seoul listing and putting the ADR near its highest level in the past year.
AEHR Test Systems (NASDAQ:AEHR)
AEHR Test Systems gained 5.87% to $72.01, trading as high as $73.92 and as low as $68.23, against a 52-week range of $14.01 to $126.62. The stock rallied 30.4% to $93.90 in extended trading.
Aehr Test Systems shares surged after the company reported fiscal fourth-quarter results that beat Wall Street estimates, with EPS of 11 cents versus expectations for a 1-cent loss and revenue rising to $18.84 million from $14.09 million a year earlier. Record quarterly bookings of $60.7 million and an effective backlog of $100.6 million underscored strong demand across AI processors, silicon photonics and power semiconductors.
The company also issued fiscal 2027 revenue guidance of $130 million to $150 million, well above the $85.13 million analyst consensus, citing continued momentum for its wafer-level and package-level burn-in solutions.
Lucid Group, Inc. (NASDAQ:LCID)
Lucid dropped 16.15% to $4.62, hitting an intraday high of $5.76 and a low of $2.37, while its 52-week range stood at $2.37 to $33.70. In the after-hours session, the stock fell 4.3% to $4.42.
The electric-vehicle maker sank after a report said it may be weighing strategic options, including going private or filing for bankruptcy, even as the company pushed back, calling the rumors “completely false.”
Benzinga Edge Stock Rankings indicate Sk Hynix stock has a Momentum score in the 99th percentile and a Value score in the 5th percentile.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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