Volume Stonkers | Humana fell 11.79%, Downgraded by Merrill Lynch Amid Profit Recovery Delays

NVIDIA rose 1.58% with a trading volume of $25.043 billion. The company paused the development of its dual-rack AI server version and partnered with Accenture to boost AI adoption in enterprises. Analysts suggest its AI market could drive a $1 trillion growth.

Tesla fell 3.49% with a trading volume of $23.125 billion. The decline was due to lower-than-expected third-quarter deliveries, although its energy storage division reached a milestone of 750,000 Powerwalls installed globally.

Apple increased by 0.25% with a trading volume of $7.386 billion. The company may rely again on the Chinese supply chain following a fire at its Indian iPhone factory, and the iPhone SE 4 is expected to launch next year.

Microsoft dropped 0.85% with a trading volume of $6.721 billion. The company introduced a new version of its Windows AI assistant, Copilot, and released a public beta of GPT-4o for real-time audio and voice, continuing its AI development.

Alibaba rose 2.22% with a trading volume of $6.121 billion. The company repurchased $4.1 billion of its stock in the third quarter and received a buy recommendation from Daiwa Securities, indicating market confidence in its prospects.

Pinduoduo climbed 4.85% with a trading volume of $5.401 billion. The launch of its new quality merchant support program, combined with strong performance in Chinese stocks, boosted its share price.

Humana fell 11.79% with a trading volume of $4.564 billion. The company was downgraded by Bank of America Merrill Lynch due to delayed profit recovery and potential merger with Cigna.

Amazon decreased by 0.20% with a trading volume of $4.367 billion. The company faces allegations of misconduct from the National Labor Relations Board and continues promoting its internal AI chatbot "Safer."

SMIC rose 0.02% with a trading volume of $3.935 billion. The company launched the EPYC Embedded 8004 series of embedded processors, enhancing its competitiveness in high-performance computing.

Meta fell 0.63% with a trading volume of $3.726 billion. The company plans to expand manufacturing of Quest 3S to Vietnam and holds key assets in the AI sector.

Google A dropped 0.68% with a trading volume of $2.931 billion. The company reached a deal with Character.AI, ceasing AI model development to focus on enhancing consumer products.

Futu Holdings increased by 4.94% with a trading volume of $2.828 billion. The company showed strong performance and completed a block trade worth about $200 million, reflecting investor confidence.

Nike fell 6.77% with a trading volume of $2.747 billion. The sharp decline in its stock price prompted market analysis suggesting potential further losses, although TD Cowen maintained a hold rating.

JD.com rose 4.36% with a trading volume of $2.631 billion. JD Industrial, a subsidiary, applied for an IPO on the Hong Kong Stock Exchange, indicating its intent to expand in international markets.

Micron Technology dropped 0.46% with a trading volume of $2.587 billion. The company received a buy rating from Cantor Fitzgerald with a target price of $150, showing investor confidence in its long-term growth.

Broadcom rose 1.90% with a trading volume of $2.445 billion. Despite a general decline in tech stocks, Broadcom showed resilience in the semiconductor sector, with a positive market outlook.

UnitedHealth rose 1.54% with a trading volume of $2.164 billion. The company maintained a strong position in the healthcare services industry, despite challenges faced by competitor Humana.

Salesforce rose 3.20% with a trading volume of $2.112 billion. Its GenAI platform, AgentForce, received positive reviews and an upgraded rating from Northland Securities.

ExxonMobil increased by 1.30% with a trading volume of $2.075 billion. The company performed well amid a surge in oil prices, with Barclays maintaining its buy rating.

MicroStrategy rose 1.20% with a trading volume of $2.070 billion. The company faced volatility in the cryptocurrency market, with Bitcoin prices nearing the $60,000 level, impacting its stock performance.