5 stocks that are attracting attention

On Wednesday, major Wall Street indices closed at least 1% higher, led by the upbeat outlook of companies like Micron Technology Inc. MU that eased investor concerns about the economy.

Micron President and CEO Sanjay Mehrotra told analysts on an earnings call that the memory chip industry would witness a record 2025 in terms of market size, according to a Reuters report.

Following are five stocks that are attracting investors attention:

The shares of Tesla Inc TSLA were 2.48% higher on Wednesday, in line with the broader market move. The EV-maker is due to report its first-quarter deliveries number this weekend. Market participants would be interested in whether recent price cuts across geographies have helped boost volumes.

RH RH: Shares of the company closed 1.83% higher but lost 5.38% in extended trading. Revenue of Q4 was $772.5 million, which was less than the analyst estimate of $779.75 million. Its Q 4 earnings per share was $2.88, which was a shortfall from analysts' estimate of $3.34.

Rumble Inc. RUM: Shares of Rumble were 4.8% higher on Wednesday. The platform has taken measures to support creators and get market share from other platforms. Rumble recently launched a monthly subscription badge for $5 per month, which will make 100% of the revenue for the rest of the year.

The company's shares of the company closed 10.42% lower on Wednesday after the company announced plans to raise funds through a $175 million green convertible senior notes offering. Stem intends to use the funds to retire a portion of its bonds issued earlier and for general corporate purposes.

Viking Therapeutics Inc. VKTX: Shares of the company closed 3.17% higher on Wednesday, but lost 3.08% in extended trading. The company intends to use the proceeds for the development of some of its programs as well as general research and other corporate purposes, according to a share sale offering.

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