Nvidia Tops Trading Volume as AI Ambitions Soar

1. Nvidia (Nasdaq: NVDA)
Nvidia gained mildly by 0.48%, with the trading volume of 25.55B. NVIDIA has regained its position as the world's most valuable company, overtaking Apple with a market cap of $3.37 trillion. NVIDIA is set to join the Dow Jones Industrial Average and has introduced a new Arm architecture CPU to enter the AI PC market.

2. Tesla (Nasdaq: TSLA)
Tesla dipped mildly by -2.47%, with the trading volume of 16.66B. Tesla hired Kim Yea Ji as its first brand ambassador, Shanghai factory's October sales exceeded 40,000, and first store in the Philippines to open this week. October China-made EV deliveries fell 5.3% year-on-year, and dominate California's EV market with over 50% share.

3. Apple (Nasdaq: AAPL)
Apple dipped mildly by -0.40%, with the trading volume of 9.33B. Apple faces EU scrutiny over iPadOS compliance with tech regulations; illegal streaming app "Univer Note" infiltrated the App Store posing as a productivity tool; Apple Intelligence launched, boosting iPhone and Mac prospects; Loop Capital cuts Apple's target price to $275.

4. Microsoft (Nasdaq: MSFT)
Microsoft dipped mildly by -0.47%, with the trading volume of 7.89B. Microsoft will spend nearly $10 billion renting servers from AI startup CoreWeave through 2030. The company launched a generative AI accelerator in the UK, partnering with Nvidia and GitHub. Additionally, Microsoft collaborates with Abu Dhabi National Oil Company to apply AI in the energy sector.

5. Amazon (Nasdaq: AMZN)
Amazon.Com dipped mildly by -1.09%, with the trading volume of 7.52B. Amazon's cloud business maintains high growth, AI investments yield returns. Founder Jeff Bezos invests in robotics startup Physical Intelligence at a $24 billion valuation. Morgan Stanley maintains Amazon's overweight rating with a target price of $230.

6. Meta Platforms (Nasdaq: META)
Meta Platforms dipped mildly by -1.14%, with the trading volume of 6.77B. Meta to hold 4%-5% stake in EssilorLuxottica. Meta's FAIR team has advanced robotic tactile perception for better AI object interaction. Wells Fargo rates Meta overweight with a target price of $641. For Q3 2024, revenue was $116.16 billion, up 22.5%.

7. Advanced Micro Devices (Nasdaq: AMD)
Advanced Micro Devices dipped mildly by -0.81%, with the trading volume of 4.10B. Advanced Micro Devices (AMD) plans to release its next-generation RDNA 4 graphics cards early next year. Additionally, AMD has unveiled the AR-9 98X desktop featuring a Ryzen 7 9800X3D processor, 32GB RAM, and a 1TB SSD, retailing at RMB 7049.

8. Trump Media & Technology Grouprp. (Nasdaq: DJT)
Trump Media & Technology Grouprp. surged by 12.37%, with the trading volume of 3.77B. Trump Media & Technology transaction value increased by 51.91% to $3.733 billion on November 4, 2024.

9. Alphabet (Nasdaq: GOOGL)
Alphabet dipped mildly by -1.20%, with the trading volume of 3.63B. Google is implementing mandatory multi-factor authentication for Google Cloud by 2025, launching the AI security analysis tool Big Sleep to identify vulnerabilities, and reportedly has 25% of new code AI-generated, contrary to Sundar Pichai's claims.

10. Eli Lilly Andmpany (NYSE: LLY)
Eli Lilly Andmpany dipped mildly by -1.55%, with the trading volume of 3.16B. Eli Lilly reported Q3 2024 revenue of $31.51 billion, up 27.21% year-over-year. Deutsche Bank maintains a Buy rating on Eli Lilly, adjusting the price target to $1015. Eli Lilly’s non-covalent BTK inhibitor, pirtobrutinib, has been approved for market release.