Major U.S. indexes closed higher on Wednesday, with the Dow Jones Industrial Average gaining 0.56% to 53,061.95, the S&P 500 rising 0.46% to 7,666.60 and the Nasdaq advancing 0.23% to 26,217.82.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Snowflake Inc. (NYSE:SNOW)
Snowflake’s stock declined by 4.37%, closing at $305.84. The stock hit an intraday high of $319.25 and a low of $303.89, with a 52-week range of $341.95 to $118.30. In after-hours trading, the stock shot up 23.14% to $376.60.
Snowflake reported second-quarter revenue of $1.55 billion, up 35% year over year and above the $1.48 billion analyst estimate, while adjusted EPS of 62 cents beat expectations of 45 cents. Product revenue rose 37% to $1.49 billion, while the company forecast third-quarter product revenue of $1.588 billion-$1.593 billion and raised its full-year adjusted operating margin outlook to 14.5% from 13.5%.
Broadcom Inc. (NASDAQ:AVGO)
Broadcom’s shares fell by 0.66%, closing at $367.24. The stock reached an intraday high of $371.09 and a low of $364.65, with a 52-week range of $495 to $289.96.
Broadcom reported third-quarter revenue of $29.59 billion, up 86% year over year and above the $29.36 billion analyst estimate, while adjusted EPS of $3.32 topped expectations of $3.24. AI semiconductor revenue surged 221% to $16.7 billion, while the company forecast fourth-quarter revenue of about $34.8 billion and AI semiconductor revenue of $21.7 billion, up 236% year over year.
Hewlett Packard Enterprise Co. (NYSE:HPE)
Hewlett Packard Enterprise saw a 1.89% increase, closing at $51.83. The stock’s intraday high was $52.48, with a low of $49.80, and a 52-week range of $64.25 to $19.84. The shares fell 5.16% to $49.15 in the after-hours session.
Hewlett Packard Enterprise reported fiscal third-quarter revenue of $12.21 billion, up from $9.14 billion a year earlier and above the $11.91 billion analyst estimate, while adjusted EPS of $1.11 beat expectations of 93 cents. The company raised fiscal 2026 adjusted EPS guidance to $3.75-$3.85 from $3.43 and revenue guidance to $45.96 billion-$46.99 billion from $44.94 billion, while expanding its Oracle partnership to deploy HPE Juniper Networking across Oracle’s AI data centers.
Palantir Technologies Inc. (NASDAQ:PLTR)
Palantir’s stock dropped by 5.81%, closing at $169.46. The stock’s intraday high was $177.57, with a low of $165.71, and a 52-week range of $207.52 to $106.38.
The decline was attributed to profit-taking after a significant 48% rally in August. The company recently announced the appointment of Peter Zaffino as Global Head of Financial Services, effective January 2027.
Nvidia Corp. (NASDAQ:NVDA)
Nvidia’s shares rose by 3.21%, closing at $224.41. The stock reached an intraday high of $227.95 and a low of $218.48, with a 52-week range of $236.54 to $164.07.
The company’s stock gained momentum due to a fresh wave of AI dealmaking, which offset declines in software and cybersecurity stocks.
Benzinga Edge Stock Rankings indicate Snowflake stock has a Momentum score in the 94th percentile.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo Courtesy: vectorfusionart on Shutterstock.com
Login to comment