Alibaba, Jpmorgan, Carmax, Janover, Tesla: Why These 5 Stocks Are On Investors' Radars Today

Benzinga
2025.04.11 01:38
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Wall Street saw a sharp decline after a rally, with the S&P 500 down 3.5% and the Nasdaq 100 down over 4.3%. Key stocks in focus include Alibaba, which dipped 0.57%, JPMorgan down 3.09%, CarMax plummeting 17%, Janover surging 64.24%, and Tesla dropping 7.27%. Investors are cautious amid economic uncertainties and a tariff pause from President Trump. CarMax reported strong sales but missed EPS expectations, while Janover announced a significant acquisition in digital assets.

After a remarkable rally on Wednesday, Wall Street experienced a sharp decline on Thursday. Investors were cautious as they assessed the implications of PresidentDonald Trump’s 90-day tariff pauseamidst ongoing economic uncertainties. The S&P 500 fell by 3.5% to 5,268.05, while the Nasdaq 100 dropped by over 4.3% to 16,387.31. The Dow Jones Industrial Average declined 2.5% to 39,593.66. Despite a lower-than-expected inflation report, the market’s risk sentiment remained fragile.

These are the top stocks that gained the attention of retail traders and investors throughout the day:

Alibaba Group Holding BABA

Alibaba’s stock dipped 0.57% to close at $104.18, with an intraday high of $108.45 and a low of $101.37. The stock’s 52-week range is $148.43 to $68.36.Alibabaco-founderJack Mamade a public appearance at the company’s cloud campus, marking its 15th anniversary. The cloud unit introduced the Blossom project, aimed at accelerating AI adoption.

JPMorgan Chase & Co. JPM

JPMorgan’s shares fell 3.09% to $227.11, with a high of $230.35 and a low of $220.10. The 52-week range is $280.25 to $179.20.Bank stocksincluding JPMorgan reversed gains from the previous session, as the market pulled back following a historic rally driven by a temporary tariff pause. JPMorgan will release its latest quarterly numbers on Friday. Analysts estimate that the banking giant will report an earnings per share of $4.64.

CarMax, Inc. KMX

CarMax’s stock plummeted 17.00% to $66.45, with a high of $71.55 and a low of $63.23, which is also its 52-week low. The 52-week high is $91.25. CarMax reported fourth-quarter sales of $6 billion, beating estimates, with retail used unit sales up 6.2% year-over-year and EPS at 58 cents, missing expectations. Gross profit per retail unit rose to $2,322, and the company repurchased 1.2 million shares for $98.5 million. For FY26, it plans to open six new stores and spend around $575 million in capital expenditures.

Janover Inc. JNVR

Janover’s stock surged 64.24% to $44.97, reaching a high of $61.36 and a low of $27.20. The 52-week range is $61.36 to $3.37.Janoverannounced the acquisition of $4.6 million worth of Solana SOL/USD as part of its new digital asset treasury strategy.

Tesla Inc. TSLA

Tesla’s stock dropped 7.27% to $252.40, with an intraday high of $262.49 and a low of $239.33. The 52-week range is $488.54 to $138.80.Teslabegan selling its vehicles in Saudi Arabia, expanding its global footprint despite declining sales in Europe.

Benzinga Edge Stock Rankings indicate JPMorgan has a Momentum in the 87th percentile but Growth in only 60th Percentile. How does it compare with other potent banking rivals? Find out by clicking here.

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This story was generated using Benzinga Neuro and edited by Shivdeep Dhaliwal