High Stakes Tech Moves: Massive Trading Volumes Drive Nvidia, Tesla, and More!

1. Nvidia (Nasdaq: NVDA)
Nvidia dipped mildly by -2.17%, with the trading volume of 32.42B. NVIDIA is set to release the RTX 5090 and 5080 GPUs, with the 5090 featuring 32GB GDDR7 memory and 600W power consumption. UBS warns investors of underperformance due to insufficient NVIDIA allocations. NVIDIA's Blackwell chips are in production with Q4 shipments expected at 450,000 units.

2. Tesla (Nasdaq: TSLA)
Tesla gained mildly by 2.45%, with the trading volume of 18.19B. Tesla is postponing its interest-free promotion until October 31. Chinese automakers are aggressively targeting Tesla Model Y with new rivals like Avita 07 and a renewed IM LS6. Tesla plans to deliver 1.83 million vehicles in 2023 and will unveil new products soon.

3. Apple (Nasdaq: AAPL)
Apple gained mildly by 0.09%, with the trading volume of 7.74B. Apple is launching a new smart home device with AI capabilities in the spring, Vision Pro 2 with M5 chip next year, and is reportedly working on a low-cost Vision Pro version. iPhone 16 will feature Wi-Fi 7 support at 160MHz bandwidth.

4. Amazon (Nasdaq: AMZN)
Amazon.Com dipped mildly by -1.66%, with the trading volume of 6.64B. Amazon invested $4 billion in AI startup Anthropic, as the UK's CMA cleared the partnership, seeing no significant competitive concerns. Additionally, Amazon's streaming platform secured over $1.8 billion in ad commitments, including Prime Video and live sports.

5. Microsoft (Nasdaq: MSFT)
Microsoft dipped mildly by -0.76%, with the trading volume of 6.35B. Microsoft will invest $2.7 billion over three years to expand cloud and AI infrastructure in Brazil. DA Davidson maintains a neutral rating for Microsoft with a price target of $475. Google has filed a complaint against Microsoft in the EU regarding cloud competition practices.

6. Alibaba Group Holding Limited (NYSE: BABA)
Alibaba Group Holding Limited gained mildly by 2.16%, with the trading volume of 5.33B. Alibaba has launched free shipping in Hong Kong worth RMB 10 billion and integrated JD Logistics into Taobao. Additionally, Taobao now supports WeChat Pay, enhancing its payment flexibility from September 27.

7. Meta Platforms (Nasdaq: META)
Meta Platforms dipped mildly by -0.08%, with the trading volume of 5.18B. Meta Platforms was fined €91 million by Ireland's Data Protection Commission following a password storage investigation. At its developer conference, Meta unveiled its Orion AR glasses prototype, featuring AI capabilities and neurosignaling technology, aiming to potentially replace smartphones in the future.

8. Pdd Holdings (Nasdaq: PDD)
Pdd Holdings gained solidly by 4.66%, with the trading volume of 4.92B. Pinduoduo's September 27 transaction value reached $4.922 billion. The company continues to invest in agricultural innovation through the "Global Agripreneurs Competition" and has been listed on the "China's Top 100 Overseas Brands" ranking. Initiatives include a plan to waive $10 billion in merchant transaction fees over the next year.

9. Super Micromputer (Nasdaq: SMCI)
Super Micromputer gained solidly by 4.31%, with the trading volume of 4.47B. Super Micro Computer is under investigation by the U.S. Department of Justice for alleged accounting violations, denying claims from a Hindenburg Research report. The investigations led to significant stock volatility, causing multiple trading halts.

10. Micron Technology (Nasdaq: MU)
Micron Technology dipped mildly by -2.20%, with the trading volume of 4.43B. Micron Technology released its fiscal 2024 annual report, with revenue at $251.11 billion and a net profit of $7.78 billion. Baird, Susquehanna, Morgan Stanley, and Needham maintained their ratings, with varied target prices. The earnings outlook exceeded expectations, boosting positive sentiment.