Volume Stonkers | NVIDIA fell 9.53%, Tesla's August Shipments Rose in China

Generado por agente de IAStock Spotlight
martes, 3 de septiembre de 2024, 5:30 pm ET3 min de lectura
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NVIDIA ranked first in trading volume, falling 9.53% with a trading volume of $51.828 billion. NVIDIA responded to a subpoena from the U.S. Department of Justice, stating that customers can choose the best solution. Additionally, company executives plan to sell 120,000 shares, valued at approximately $13.291 million. This news drew significant market attention, causing substantial stock price volatility.

Tesla ranked second, down 1.64% with a trading volume of $16.342 billion. Tesla's August shipments in China increased year-over-year, and the company lowered financing rates, further reducing the cost of purchasing electric vehicles. Additionally, Tesla plans to launch a six-seater version of the Model Y in China, but the company clarified this news.

Apple ranked third, falling 2.72% with a trading volume of $11.105 billion. Apple was listed as a top pick by Morgan Stanley and Citigroup, and the iPhone 16 is about to be released. Furthermore, Apple plans to use OLED displays on all iPhones, abandoning LCD. The market remains cautious about its stock performance following the release of the first AI iPhone.

Microsoft ranked fourth, down 1.85% with a trading volume of $8.321 billion. OpenAI may change its organizational structure or remove investor profit caps. Loop Capital maintained a buy rating on Microsoft with a target price of $500. Microsoft's layout in the AI field continues to attract market attention.

Amazon ranked fifth, down 1.26% with a trading volume of $6.606 billion. JMP Securities maintained a buy rating on Amazon but lowered the target price to $222.69. The company recently launched innovative AI baby monitors and new evaporative humidifiers, expanding its product line.

Meta ranked sixth, down 1.83% with a trading volume of $6.220 billion. Meta plans to release new products in September, continuing its layout in the AI field. Additionally, Meta Force's CEO was interviewed by Forbes, discussing the company's new business areas, which has garnered market expectations.

Google A ranked seventh, falling 3.69% with a trading volume of $6.176 billion. Google announced that it will introduce Gemini into school accounts for teenage students in the coming months and provide more privacy protection for educational users. The company continues to deepen its efforts in AI and education, launching several new features.

AMD ranked eighth, falling 7.82% with a trading volume of $5.841 billion. AMD appointed former NVIDIA Vice President Keith Strier as the company's Senior Vice President of Global AI Market, demonstrating its active layout in the AI field.

Broadcom ranked ninth, falling 6.16% with a trading volume of $5.707 billion. Market expectations are high for Broadcom's Q3 revenue growth, with highlights in AI business and collaboration with OpenAI. Jefferies maintained a buy rating on Broadcom with a target price of $200.

SMIC ranked tenth, rising 0.93% with a trading volume of $4.334 billion. SMIC's CEO expressed confidence in the team, anticipating no significant adjustments in the financial report, and plans to counter short-selling reports, boosting market confidence.

Google C ranked eleventh, falling 3.94% with a trading volume of $3.955 billion. Google will invest $850 million to open a second data center in Latin America, continuing to expand its global data center network. Morgan Stanley maintained a buy rating on Google with a target price of $190.

Berkshire Hathaway B ranked twelfth, rising 0.25% with a trading volume of $3.569 billion. Buffett continues to sell bank stocks, cashing out approximately $6.2 billion since summer. The company's overall performance remains stable, continuing to attract investor attention.

TSMC ranked thirteenth, falling 6.57% with a trading volume of $2.990 billion. TSMC is developing next-generation silicon photonics technology, aiming for production in three to five years. Additionally, it expects to achieve CoW-SoW mass production by 2027, demonstrating its continuous investment in technological innovation.

Boeing ranked fourteenth, falling 7.34% with a trading volume of $2.859 billion. Boeing's rating was downgraded by Wells Fargo to a rare sell, causing the stock to plummet to its lowest level in nearly two years. The company faces the threat of a strike, and its future development is filled with uncertainty.

Berkshire Hathaway A ranked fifteenth, rising 0.04% with a trading volume of $2.570 billion. Buffett's career advice once again drew market attention, emphasizing the importance of choosing a job one would select even if they did not need to work. The company's stock price remained stable.

Micron Technology ranked sixteenth, falling 7.96% with a trading volume of $2.495 billion. SEMI expects the global semiconductor equipment market to grow by 3% year-on-year this year, reaching $109.5 billion. Micron Technology's stock price was volatile due to this forecast.

Eli Lilly ranked seventeenth, falling 0.36% with a trading volume of $2.414 billion. Eli Lilly launched discounted Mounjaro and Zepbound to address the ongoing FDA shortage debate. Additionally, Novo Nordisk's warning of continued shortages of Ozempic is favorable for Eli Lilly.

Intel ranked eighteenth, falling 8.80% with a trading volume of $2.357 billion. Intel's next-generation processors are about to be launched, and the market anticipates a new wave of upgrades. The company's stock has fallen significantly this year, and it may face the risk of being kicked out of the Dow Jones Industrial Average.

Applied Materials ranked nineteenth, falling 7.04% with a trading volume of $2.239 billion. The global demand for semiconductors is recovering, with South Korea's chip exports in August surging by 39% year-on-year. Applied Materials' stock price is significantly affected by overall market sentiment.

Netflix ranked twentieth, falling 3.71% with a trading volume of $2.139 billion. Netflix executives plan to sell 25,100 shares, valued at approximately $17.073 million. Additionally, the company hopes to attract more subscribers by enhancing the quality of reality show dubbing, using South Korea as a test market.

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