Record Trading Volumes: Nvidia and Tesla Lead the Surge with Key Strategic Moves

1. Nvidia (Nasdaq: NVDA)
Nvidia gained mildly by 1.69%, with the trading volume of 30.10B. NVIDIA insiders have cashed out over $1.8 billion in stocks this year, with more sales anticipated. Despite being favored on Wall Street, many major investors do not excessively bet on NVIDIA. Cisco plans to invest in NVIDIA-backed cloud provider CoreWeave.

2. Tesla (Nasdaq: TSLA)
Tesla gained solidly by 3.91%, with the trading volume of 21.42B. Tesla plans to launch four new battery types in 2026, aiming for fully autonomous driving. A new Model 3 design is expected, while the company has stopped selling the Model 3 Standard Range Rear-Wheel Drive in the U.S. Tesla recalls 27,000 Cybertrucks for a software upgrade.

3. Apple (Nasdaq: AAPL)
Apple gained mildly by 0.50%, with the trading volume of 8.40B. Apple plans to launch iPhone SE 4 in 2025 with A18 processor and 5G. New Macs with M4 chips are set for release this year. India's manufacturing share of iPhones is rising, now at 14%. Cook sells $350M in stock, credited to iPhone 14 success.

4. Meta Platforms (Nasdaq: META)
Meta Platforms gained mildly by 2.26%, with the trading volume of 8.34B. Meta Platforms announced a new AI model, Movie Gen, for realistic video and audio generation. Criticism arose from Revolut regarding Meta's platform fraud management, urging compensation for scam victims. Concerns over privacy were heightened by Meta's integration of facial recognition with smart glasses.

5. Microsoft (Nasdaq: MSFT)
Microsoft dipped mildly by -0.12%, with the trading volume of 7.98B. Microsoft faces an EU antitrust investigation over its Edge browser following competitor complaints. Additionally, Microsoft 365 will axe its Feed service starting November 1, 2024.

6. Amazon (Nasdaq: AMZN)
Amazon.Com gained mildly by 2.50%, with the trading volume of 7.59B. Amazon received "Market Outperform" ratings from JMP Securities with a $265 target and "Overweight" from Morgan Stanley with a $210 target. The company reported revenue of $2912.90 billion with 11.29% growth as of June 2024. Xbox co-founder joined Amazon as VP.

7. Advanced Micro Devices (Nasdaq: AMD)
Advanced Micro Devices gained solidly by 4.94%, with the trading volume of 7.50B. Bank of America Securities reiterated a Buy rating for Advanced Micro Devices with a new price target of $180. As of July 31, 2024, AMD reported revenue of $11.308 billion and net income of $388 million.

8. Pdd Holdings (Nasdaq: PDD)
Pdd Holdings gained mildly by 1.08%, with the trading volume of 3.22B. Pinduoduo's transaction volume reached $3.222 billion on October 4, 2024. Temu's US partially managed GMV may exceed 20% of the entire site, and its business in emerging markets is accelerating.

9. Alphabet (Nasdaq: GOOGL)
Alphabet gained mildly by 0.72%, with the trading volume of 3.17B. Google plans to release Pixel 9a in March 2025, earlier than the iPhone. It abandoned the Ferrochrome project, enhancing Chrome OS on Android devices. Google collaborated with BioNTech for AI lab development, and its NotebookLM AI product has gained notable interest for new AI model potential.

10. Broadcom (Nasdaq: AVGO)
Broadcom gained mildly by 2.76%, with the trading volume of 3.15B. Broadcom reported a trading volume amounting to $3.147 billion on October 4, 2024.