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American Eagle Rises, Palantir Gains, Tesla Up After Musk Stock Award

American Eagle Rises, Palantir Gains, Tesla Up After Musk Stock Award

Stock Movers

August 4, 20254m 8s

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Show Notes

On this episode of Stock Movers:
- American Eagle (AEO) shares rise after resident Donald Trump posted that "Sydney Sweeney, a registered Republican, has the “HOTTEST” ad out there. It’s for American Eagle, and the jeans are “flying off the shelves.”
- Palantir (PLTR) shares gain. The data analytics company has earnings after the bell. BI noted that continued momentum in sales growth is needed to sustain Palantir's premium valuation among enterprise-software peers.
- Tesla (TSLA) shares rise after the company approved an interim stock award worth about $30 billion for Chief Executive Officer Elon Musk to keep his attention on the automaker.

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