Record Trading Volumes: Nvidia and Tesla Lead in Tech Innovation Surge!

Generado por agente de IAAinvest Market Brief
lunes, 30 de septiembre de 2024, 6:31 pm ET2 min de lectura
NVDA--
1. Nvidia (Nasdaq: NVDA)
Nvidia gained mildly by 0.03%, with the trading volume of 27.08B. NVIDIA's transaction volume on September 30, 2024, was $27.082 billion. Kakao announced plans for AI collaboration with NVIDIA. The NVIDIA Blackwell GPU server will ship in December with a power consumption of 2700W. RTX 5090 specifications include 21,760 CUDA cores and 32GB memory.

2. Tesla (Nasdaq: TSLA)
Tesla gained mildly by 0.45%, with the trading volume of 20.76B. Tesla's Cybertruck receives a major update with enhanced high-speed functionality, while Cantor Fitzgerald maintains a neutral rating with a target price of $245. Tesla also officially announces Robotaxi, boosting interest in autonomous driving technology.

3. Apple (Nasdaq: AAPL)
Apple gained mildly by 2.29%, with the trading volume of 12.40B. Apple is evaluating multiple MR device directions, including headset or smart glasses. The company remains undecided on implementation. Additionally, Apple is expected to release M4 chip MacBook Pro in October, and an Indian iPhone component factory experienced a fire causing production to halt.

4. Amazon (Nasdaq: AMZN)
Amazon.Com dipped mildly by -0.87%, with the trading volume of 7.65B. Amazon.com's ratings are reiterated with an overweight and buy by Cantor Fitzgerald and Truist Securities, with price targets of $230 and $265 respectively. Recent revenue reported for the period ending June 30, 2024, was $291.29 billion, up 11.29% year-over-year.

5. Meta Platforms (Nasdaq: META)
Meta Platforms gained mildly by 0.90%, with the trading volume of 7.11B. Meta has launched groundbreaking holographic AR glasses, Orion, marking a lead in the AI hardware sector. Cantor Fitzgerald and Monness, Crespi, Hardt analysts both support Meta's growth potential, with an updated price target of $620.

6. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 0.53%, with the trading volume of 7.02B. Germany designates Microsoft as a company of significant competitive importance, intensifying antitrust regulation. Microsoft launches a groundbreaking green hydrogen data center pilot project.

7. Alibaba Group Holding Limited (NYSE: BABA)
Alibaba Group Holding Limited dipped mildly by -1.11%, with the trading volume of 6.35B. Alibaba is aggressively expanding in Hong Kong, investing heavily ahead of "Double 11," focusing on price and logistics subsidies. Alibaba Cloud's enterprise units are projected to turn profitable, signaling strategic business improvements.

8. Pdd Holdings (Nasdaq: PDD)
Pdd Holdings dipped mildly by -0.42%, with the trading volume of 4.69B. Pinduoduo announced the "New Quality Merchants 10 Billion Support Plan" at the New E-commerce Conference, continuing its emphasis on merchant support. The company's Temu platform's semi-managed business in the U.S. grows modestly, focusing on Latin America and Southeast Asia expansion.

9. Micron Technology (Nasdaq: MU)
Micron Technology dropped solidly by -3.53%, with the trading volume of 4.08B. Micron Technology reported better-than-expected FY24 Q4 earnings and guidance. Executive April Arnzen sold 4,890 shares on September 26. The company anticipates significant growth in the FY25 data center segment, with the HBM market poised to exceed $250 billion by 2025.

10. Advanced Micro Devices (Nasdaq: AMD)
Advanced Micro Devices dipped mildly by -0.16%, with the trading volume of 3.57B. AMD plans to release the Ryzen 7 9800X3D this year, touted as the "ultimate processor for elite gamers," according to Moore's Law is Dead.

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