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As Palantir Technologies (PLTR) hit another record high Monday, it held its spot on the Investor's Business Daily Leaderboard alongside Tesla (TSLA), Broadcom (AVGO), DoorDash (DASH), Alphabet[ticker symb=GOOGL], and other names. And as the tech-heavy Nasdaq keeps rising, Tesla stock, Broadcom, DoorDash, and fellow Leaderboard member Embraer (EMBJ) all trade in or near buy range. But Tesla's annual shareholder meeting on Thursday promises drama. With the fate of Elon Musk's $1 trillion compensation package on the line, Tesla's chief executive has hinted he could exit the company if the pay proposal gets voted down. Palantir, Robinhood Among Stocks Facing Earnings Tests While Google parent Alphabet (GOOGL) and Tesla have already reported, Palantir just unveiled its third-quarter numbers late Monday, topping estimates. Embraer and Leaderboard watchlist stock Dave (DAVE) will report on Tuesday. DoorDash and Leaderboard watchlist member Robinhood Markets (HOOD) are on tap for Wednesday. Shaking off Thursday's potential Elon Musk drama, Tesla stock rose nearly 3% Monday. That puts shares just shy of a 470.75 buy point in a large cup with handle. While Robinhood stock remains extended from the 66.91 buy point it cleared in May, fintech stock Dave looks poised to return to a 249.90-262.40 buy zone. Shares of DoorDash fell sharply in heavy volume Monday as the delivery service company gets set to report Wednesday. The stock has now dropped more than 7% below the 269.06 buy point it first cleared at the end of September. As its relative strength line heads south, DoorDash has fallen 7% below its 50-day moving average. Broadcom continues cling to the bottom of its 363.24 – 381.40 buy range from a cup with handle pattern. The chip designer does not report earnings again until Dec. 11. Follow Matthew Galgani on X (formerly Twitter) at @IBD_MGalgani. YOU MAY ALSO LIKE
