Record High Trading Volumes: Nvidia and Super Microcomputer Surge!

1. Nvidia (Nasdaq: NVDA)
Nvidia gained solidly by 4.08%, with the trading volume of 35.13B. NVIDIA disclosed 13 insider transactions on August 12, including CEO Jen-Hsun Huang selling 240,000 shares for $24.9 million. Bank of America analysts deem NVIDIA a top semiconductor rebound pick. Citi increased holdings, making NVIDIA its top position at 4.4%.

2. Tesla (Nasdaq: TSLA)
Tesla dipped mildly by -1.25%, with the trading volume of 12.57B. European Commissioner Thierry Breton reminded Elon Musk of Digital Services Act compliance obligations. Elon Musk announced the upcoming release of AI model Grok 2. Musk admitted the Cybertruck is expensive. Tesla canceled plans to build a factory in Southeast Asia, opting for China. Tesla's Shanghai Gigafactory deployed a 5G private network.

3. Apple (Nasdaq: AAPL)
Apple gained mildly by 0.60%, with the trading volume of 8.19B. Apple's Vision Pro headset Micro-OLED panel costs are expected to decrease by 30% in two years. Apple faced challenges with Indian-manufactured iPhone parts, with only half meeting quality standards. Apple plans to mass-produce 90 million iPhone 16 units and may introduce an Air model in 2024.

4. Visa (NYSE: V)
Visa gained mildly by 0.05%, with the trading volume of 6.95B. Visa reported a transaction volume of $6.959 billion on August 12, 2024, representing a 270.07% increase from the previous trading day.

5. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 0.20%, with the trading volume of 6.12B. Citigroup increased its stake in Apple in Q2, with Nvidia being the top holding. Other major holdings include Microsoft, Apple, Amazon, and Broadcom. Wedbush suggests Microsoft's earnings alleviate AI monetization concerns. Microsoft's Tango Gameworks team has been acquired by a Korean firm. Microsoft CEO confirmed Xbox games will be available on PlayStation.

6. Advanced Micro Devices (Nasdaq: AMD)
Advanced Micro Devices gained mildly by 1.86%, with the trading volume of 5.39B. AMD announces RDNA3-based integrated graphics with significant performance enhancements. AMD's AIB partners have no plans for RX 7400/7300 development. A critical "Sinkclose" vulnerability affects many AMD processors since 2006. In Q2, AMD's x86 CPU market share grew to 21.1%.

7. Meta Platforms (Nasdaq: META)
Meta Platforms dipped mildly by -0.35%, with the trading volume of 5.01B. Meta and Universal Music deepen collaboration for new commercial opportunities for artists and songwriters. Meta's VFusion3D large model achieves breakthroughs in AI-generated 3D content. Meta's Quest 3/Pro headsets receive major updates, featuring seamless multitasking in public beta version v69.

8. Amazon (Nasdaq: AMZN)
Amazon.Com dipped mildly by -0.08%, with the trading volume of 5.01B. Citigroup increased its holdings in Apple during Q2 and Nvidia remains its top holding, comprising 4.4% of disclosed assets. Amazon and TikTok announced a collaboration to enhance user shopping experience on TikTok. joined Amazon Web Services Startup Accelerator.

9. Super Micromputer (Nasdaq: SMCI)
Super Micromputer surged by 6.33%, with the trading volume of 4.97B. Advanced Micro Devices reported fiscal year 2024 revenue of $14.943 billion, a year-over-year increase of 109.77%, with a net profit of $12 billion. Goldman Sachs maintained a neutral rating on Advanced Micro Devices with a target price of $675.00 on August 8.

10. Eli Lilly Andmpany (NYSE: LLY)
Eli Lilly Andmpany dipped mildly by -0.78%, with the trading volume of 3.66B. Eli Lilly issued $50 billion in blue-chip bonds to support its $32-billion acquisition of Morphic Holdings Inc. Eli Lilly reported Q2 2024 revenue of $200.71 billion, up 31.42% year-over-year, with net profit of $52.10 billion. Deutsche Bank upgraded Eli Lilly to Buy, raising the price target to $1025.00.