Volume Stonkers | NVIDIA up 17% in 4 Days, Elliott Management Exits Position

NVIDIA rose 1.67% with a trading volume of $39.362 billion. Investors aggressively bought at lower prices before the earnings report, leading to a cumulative four-day increase of 17%, adding over $420 billion in market cap. The stock received strong support from several major banks, anticipating a new upward trend. Elliott Management exited its position in NVIDIA.

Tesla fell 3.10% with a trading volume of $14.076 billion. Tesla is the only stock among this year's "Magnificent Seven" to decline, and it has stopped taking orders for its cheapest electric pickup truck. A two-hour conversation between Trump and Musk resulted in a complex market reaction.

Apple rose 0.20% with a trading volume of $8.827 billion. Apple opened NFC payments for the first time in its history. Third Point LLC increased its Apple holdings by 1.95 million shares in Q2, while Norway’s sovereign wealth fund reduced its Apple holdings to 30%.

Microsoft rose 0.69% with a trading volume of $6.990 billion. Norway’s sovereign wealth fund heavily invested in Microsoft in the first half of the year. The tech giant remains a favorite among Wall Street investment banks.

Alphabet A fell 2.31% with a trading volume of $6.379 billion. Following a ruling on search monopoly, the U.S. Department of Justice is considering breaking up Google. At its autumn product launch, Google introduced the Pixel 9 series and new AI features.

Meta fell 0.34% with a trading volume of $6.036 billion. The world's largest sovereign wealth fund reduced its Meta holdings, and Appaloosa cut its Meta stake in Q2.

AMD fell 0.27% with a trading volume of $4.920 billion. Intel and AMD accelerated PC CPU shipments, signaling a turnaround in supply glut issues. Deutsche Bank increased its holdings in AMD.

Amazon fell 0.08% with a trading volume of $4.890 billion. Amazon options saw significant trading volume. Deutsche Bank heavily invested in Amazon in Q2, and Bank of America Merrill Lynch recommended buying equal-weight S&P 500 index shares.

Starbucks fell 2.09% with a trading volume of $4.273 billion. Starbucks appointed Brian Niccol as the new CEO and Chairman, who will receive a $10 million cash signing bonus and annual equity awards.

SMIC rose 1.70% with a trading volume of $3.915 billion. SMIC was the most shorted large-cap stock in the Americas in July, but its earnings growth exceeded 100%, garnering significant attention for future development.

Kellogg rose 7.66% with a trading volume of $3.664 billion. Mars, Inc. will acquire Kellogg for $36 billion, boosting its rank among the largest private companies.

Alphabet C fell 2.35% with a trading volume of $3.624 billion. Third Point LLC reduced its Alphabet C holdings by 34%, still holding 19,800 class A shares. The antitrust case could lead to a company breakup.

Eli Lilly rose 2.46% with a trading volume of $3.176 billion. Eli Lilly issued a lawyer's letter demanding pharmacists stop providing generic versions of its weight-loss drug, which caught investors' attention and led to a 2.3% stock increase.

Broadcom rose 0.98% with a trading volume of $3.174 billion. Broadcom's stock has surged 37% this year, with future trends being closely watched as investors bet on the resurgence of AI.

Netflix rose 2.11% with a trading volume of $2.598 billion. Netflix executive Hyman David A sold 10,800 ordinary shares valued at $7.0161 million, drawing market attention.

Micron Technology rose 3.05% with a trading volume of $2.239 billion. Third Point LLC held 275,000 shares of Micron Technology in Q2, and the Consumer Price Index boosted expectations of a Fed rate cut.

Visa rose 0.37% with a trading volume of $2.145 billion. Saudi Arabia's Royal Investment Fund reduced its holdings of Visa's class A shares by 11.7%, bringing its share count down to 802,300.

TSMC fell 1.37% with a trading volume of $1.913 billion. UBS reported that the first batch of Blackwell chips from TSMC might face shipping delays, and the U.S. stock market is betting on a Fed rate cut in September.

Chipotle fell 0.08% with a trading volume of $1.675 billion. Chipotle CEO Brian Niccol moved to Starbucks, while analysts remain optimistic about Chipotle.

Home Depot rose 1.57% with a trading volume of $1.647 billion. Home Depot lowered its same-store sales guidance for the year, leading analysts to cut price forecasts. Deutsche Bank reduced its Home Depot holdings in Q2.