High Stakes: Nvidias Underestimated Potential Amid Surging Market Volumes!

1. Nvidia (Nasdaq: NVDA)
Nvidia dipped mildly by -0.18%, with the trading volume of 32.42B. Impax Asset Management, managing $50 billion, believes NVIDIA is undervalued, having missed its 800% rise since early 2023. NVIDIA AI software is revolutionizing industries, with early adopters including AT&T and Lowe's. CEO Jensen Huang emphasizes reducing computing costs for AI's future in reasoning.

2. Tesla (Nasdaq: TSLA)
Tesla dipped mildly by -1.41%, with the trading volume of 16.01B. Tesla's CEO Elon Musk announced features of the upcoming Robotaxi, including butterfly wing doors and two seats. Analysts predict mass production to start in Q1 2027. In September, Tesla's China-made EV sales rose 19.2% year-over-year, boosted by subsidies.

3. Apple (Nasdaq: AAPL)
Apple gained mildly by 1.67%, with the trading volume of 7.34B. Apple's first large-screen iPhone is now discontinued. Piper Sandler reiterates Apple with a neutral rating, targeting $225. Apple holds 87% market share among US teens with at least one iPhone. iPhone 16 assembly orders remain stable; slight component order reduction anticipated post-mid-November.

4. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 0.66%, with the trading volume of 6.20B. Microsoft has integrated its GraphRAG with Beanshen AI to drive educational innovation, announced plans to update Windows 11's Outlook for offline use, obtained Nvidia's latest GB200 AI servers, faced a rating downgrade by Oppenheimer due to AI losses, and tested Edge’s Copilot Vision feature.

5. Advanced Micro Devices (Nasdaq: AMD)
Advanced Micro Devices dipped mildly by -1.03%, with the trading volume of 5.78B. Advanced Micro Devices released EPYC Embedded 8004 processors with Zen 4c architecture, designed for compute-intensive systems. Cantor Fitzgerald reiterated AMD's rating as "overweight" with a $180 target price. AMD also launched the Radeon PRO V710 graphics card.

6. Meta Platforms (Nasdaq: META)
Meta Platforms dipped mildly by -0.40%, with the trading volume of 5.59B. Keybanc maintains an overweight rating on Meta, raising the price target to $655.00. Meta plans to launch AI chatbots in 21 new markets, including the UK and Brazil, and is introducing full-screen video and AI ad formats. Meta’s Q3 earnings are forthcoming.

7. Alphabet (Nasdaq: GOOGL)
Alphabet dipped mildly by -1.53%, with the trading volume of 5.02B. The U.S. Department of Justice proposes breaking up Alphabet due to illegal monopoly practices, potentially requiring the divestiture of Chrome, Android, and AdWords. BMO Capital reaffirms an "outperform" rating on Alphabet A with a $215 target.

8. Amazon (Nasdaq: AMZN)
Amazon.Com gained mildly by 1.34%, with the trading volume of 4.77B. Amazon.com's stock received an Overweight rating from Cantor Fitzgerald with a $210 target. Amazon won a legal case in Shenzhen regarding cross-border e-commerce unfair competition. Wells Fargo downgraded Amazon's rating to Equal Weight, citing increased competition affecting growth.

9. Broadcom (Nasdaq: AVGO)
Broadcom gained mildly by 2.89%, with the trading volume of 4.67B. Broadcom disclosed insider transactions on October 7 and 9, with executives selling shares. Cantor Fitzgerald and Truist Securities maintained positive ratings, setting targets at $225 and $205 respectively. Recent financials showed revenue of $375.20 billion and net profit of $15.71 billion.

10. Palantir Technologies (NYSE: PLTR)
Palantir Technologies gained solidly by 4.05%, with the trading volume of 3.66B. Palantir disclosed insider transactions on October 7 and 8, 2024, with executives purchasing shares. Ark Invest sees Palantir as a potential disruptor among technology giants, predicting increased competition in software and data management fields.