Nvidia Leads US Stock Volume with $38.10B as Gaming Innovations Dazzle

1. Nvidia (Nasdaq: NVDA)
Nvidia gained mildly by 1.46%, with the trading volume of 38.10B. Nvidia's August 27 trading volume reached $38.486 billion, ranking first in US stocks that day. Truist Securities maintains its Buy rating for Nvidia and raises its price target to $145.00. Nvidia unveils its Nemotron-4 4B model at Gamescom 2024, enhancing game character responses.

2. Tesla (Nasdaq: TSLA)
Tesla dipped mildly by -1.88%, with the trading volume of 13.12B. Tesla is constructing a Semi truck factory and re-entering China's insurance market. Tesla secured a significant overseas order for 2.08GWh with Sungrow. CEO Elon Musk showcased Tesla's powerful Cortex supercomputer consuming over 500MW and supports California's AI safety bill SB 1047.

3. Apple (Nasdaq: AAPL)
Apple gained mildly by 0.37%, with the trading volume of 8.16B. Apple plans to launch new iPhone 16 and other products on September 9. It reported Q3 2024 revenue of $2961.05 billion and net profit of $790 billion. Citigroup, Morgan Stanley, and Evercore ISI Group all maintain positive ratings on Apple.

4. Super Micromputer (Nasdaq: SMCI)
Super Micromputer dipped mildly by -2.64%, with the trading volume of 6.27B. Hindenburg released a short report alleging accounting manipulation and undisclosed related-party transactions at Super Micro Computer. The stock initially fell nearly 7% but later narrowed losses to around 2%.

5. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 0.09%, with the trading volume of 5.56B. Former Microsoft engineer repurposes junkyard parts to build PDP-11 computer. Microsoft announces removal of classic feature, receiving 77% user opposition. Microsoft Azure remains a top cloud infrastructure provider. Microsoft CEO Satya Nadella sold 14,398 shares for approximately $6 million.

6. Advanced Micro Devices (Nasdaq: AMD)
Advanced Micro Devices gained mildly by 0.34%, with the trading volume of 5.26B. Inspur Energy and AMD co-hosted the "Intelligent Genesis, Infinite Innovation" automotive forum on August 24. AMD is planning four RDNA 4 GPUs. A new AMD GPU, gfx1201, appeared in GeekBench with 16GB VRAM and a peak frequency of 2101MHz.

7. Amazon (Nasdaq: AMZN)
Amazon.Com dipped mildly by -1.36%, with the trading volume of 5.15B. Amazon shareholders approved the merger of ecommerce aggregators Branded and Heyday. Amazon introduced Xbox game streaming support on its Fire TV devices and plans a major Alexa maintenance in October. Wells Fargo maintains its Overweight rating on Amazon.com with a price target of $225.

8. Pdd Holdings (Nasdaq: PDD)
Pdd Holdings dropped solidly by -4.09%, with the trading volume of 3.86B. Pinduoduo's Q2 2024 earnings missed expectations slightly, causing a significant stock drop. Management emphasized prioritizing growth quality over rapid expansion and avoiding buybacks or dividends to retain resources. Benchmark rated Pinduoduo as "buy" with a $185 target, while Citigroup downgraded to "neutral" with a $120 target.

9. Meta Platforms (Nasdaq: META)
Meta Platforms dipped mildly by -0.39%, with the trading volume of 3.26B. Meta CEO Mark Zuckerberg criticized the Biden administration for pressuring the company to censor COVID-19 content. Meta has ceased funding election management for local governments and canceled high-end mixed reality headset development due to high costs. Meta has signed a geothermal energy deal with Sage Geosystems for its U.S. data centers.

10. Eli Lilly Andmpany (NYSE: LLY)
Eli Lilly Andmpany gained mildly by 0.42%, with the trading volume of 2.79B. Eli Lilly launched single-dose vials of tirzepatide injection and started selling its weight-loss drug Zepbound at a 50% discount to address supply shortages. Morgan Stanley reiterated an overweight rating with a price target of $1106. An internal trade was disclosed involving executive Zakrowski Donald A.