Volume Stonkers | NVIDIA rose 2.15%, Tesla up 3.69%, U.S. eases chip export restrictions to China

NVIDIA rose by 2.15% with a trading volume of $19.58 billion. The chip sector saw widespread gains as the U.S. is set to ease export restrictions on semiconductor equipment and AI chips to China, boosting chip stocks.

Tesla increased by 3.69% with a trading volume of $12.623 billion. Tesla announced a milestone in the dexterity of its robot hands, marking the latest advancement in its automation efforts.

MicroStrategy fell by 0.35% with a trading volume of $8.77 billion. Despite overall gains in cryptocurrency stocks, MicroStrategy benefited from Bitcoin nearing the $100,000 mark.

Microsoft rose by 0.11% with a trading volume of $6.872 billion. Microsoft is under antitrust investigation by the Federal Trade Commission for alleged bundling practices.

Apple increased by 1.02% with a trading volume of $6.733 billion. Barclays maintained its sell rating on Apple, setting a target price of $184.

Amazon rose by 1.05% with a trading volume of $5.142 billion. Amazon’s moves in the chip industry are seen as a challenge to NVIDIA and are also influenced by Germany's substantial subsidies to the chip sector.

Meta increased by 0.90% with a trading volume of $4.093 billion. Meta plans to build a $10 billion global undersea cable to enhance its network infrastructure.

Coinbase Global dropped by 4.75% with a trading volume of $2.912 billion. Despite the rise in Bitcoin prices, Coinbase's stock price declined.

MARA Holdings rose by 1.86% with a trading volume of $2.576 billion. Mara Holdings purchased Bitcoin worth $615 million, bringing its total holdings to 34,794 coins.

Alphabet Inc. Class A (Google) fell by 0.17% with a trading volume of $2.404 billion. Google faces an antitrust lawsuit from Canada's Competition Bureau, alleging anti-competitive practices in its online advertising business.

Advanced Micro Devices (AMD) rose by 0.69% with a trading volume of $2.211 billion. AMD's stock price saw a modest increase amid a broad uptick in the semiconductor sector.

Palantir increased by 1.56% with a trading volume of $2.004 billion. Palantir has surged 298% year-to-date, being viewed as a potential next Oracle.

SMCI dropped by 6.93% with a trading volume of $1.946 billion. SMCI terminated loan agreements with two banks, leading to a significant drop in its stock price.

Netflix rose by 1.08% with a trading volume of $1.798 billion. A class-action lawsuit filed by Netflix shareholders, alleging misleading user growth forecasts, was dismissed by a judge.

Broadcom increased by 1.51% with a trading volume of $1.782 billion. Broadcom performed strongly amid overall gains in the semiconductor sector, benefiting from supportive industry policies.

Eli Lilly rose by 0.95% with a trading volume of $1.756 billion. Eli Lilly's stock price surpassed the $800 mark, continuing to perform well in the market.

Alphabet Inc. Class C (Google) fell by 0.19% with a trading volume of $1.575 billion. Google continues to face antitrust pressure, with its online advertising business under regulatory scrutiny.

TSMC increased by 1.99% with a trading volume of $1.488 billion. TSMC expanded its global foundry market share to 64% in the third quarter.

Berkshire Hathaway Class B remained flat with a trading volume of $1.436 billion. Warren Buffett disclosed plans for future estate distribution, emphasizing charitable donations.

JPMorgan Chase rose by 0.08% with a trading volume of $1.376 billion. JPMorgan Chase anticipates a 50-basis-point rate cut by the European Central Bank in December and projects a 16% earnings rebound for Latin American companies in 2025.