Volume Stonkers | Tesla rose 21.92%, Microstrategy Climbed with Bitcoin Surge

Tesla rose 21.92%, with a trading volume of $51.17 billion. The stock surged after posting strong quarterly earnings, and Elon Musk's promise to introduce self-driving taxis next year further fueled optimistic market expectations for its future growth.

NVIDIA increased by 0.61%, with a trading volume of $23.986 billion. NVIDIA reached AI infrastructure agreements with several Indian tech giants, and CEO Jensen Huang stated that India will become an AI exporter. Additionally, the company fixed design defects in the Blackwell chip.

Apple fell 0.08%, with a trading volume of $6.885 billion. Apple is set to launch its first AI features, integrating new capabilities from ChatGPT, which are in the testing phase, and plans to update the Mac product line with the M4 chip.

Microsoft rose 0.03%, with a trading volume of $5.752 billion. Microsoft announced that CEO Satya Nadella's total compensation for 2024 will increase to $791 million, while continuing to focus on business growth.

Microstrategy increased by 10.26%, with a trading volume of $5.25 billion. As Bitcoin prices rose, Microstrategy's stock also climbed, attracting market attention.

Amazon rose 0.90%, with a trading volume of $4.01 billion. Amazon introduced fuel coin savings for Prime members and launched charging station discounts in the battle for subscription users.

Meta rose 0.73%, with a trading volume of $3.953 billion. Meta showcased practical applications of augmented reality in the medical field and received a buy rating from BofA Securities.

Alphabet A fell 0.04%, with a trading volume of $3.556 billion. Alphabet agreed to hand over relevant AI documents to the U.S. Department of Justice following a network search antitrust ruling, and its investment in Anthropic is under investigation by the UK.

SMIC rose 0.35%, with a trading volume of $3.504 billion. SMIC is set to release its earnings report on October 29, with analysts maintaining a buy rating.

Broadcom fell 1.25%, with a trading volume of $3.438 billion. Broadcom continues to focus on sustaining its upward trend and is included in the group of tech stocks favored by major investors.

ServiceNow rose 5.37%, with a trading volume of $3.26 billion. Driven by generative AI, ServiceNow's subscription revenue increased by 23%, reaching a record high.

IBM fell 6.22%, with a trading volume of $2.397 billion. IBM's target stock price was raised to $260, but the market remains cautious about its future performance.

Alphabet C rose 0.03%, with a trading volume of $2.095 billion. Alphabet's Class C shares were also impacted by the antitrust investigation.

Coinbase Global rose 5.14%, with a trading volume of $2.035 billion. Bitcoin's price surged past $68,000, boosting Coinbase's stock.

Netflix rose 0.70%, with a trading volume of $1.984 billion. Netflix plans to release a new game, 'Ted Tumblewords,' and received an upgraded target price from Daiwa Securities.

TSMC fell 1.47%, with a trading volume of $1.962 billion. TSMC's Q3 performance exceeded expectations, and it plans to open quotes for 2nm process manufacturing in 2025.

Texas Instruments rose 2.41%, with a trading volume of $1.916 billion. Texas Instruments expanded its GaN semiconductor capacity, boosting its internal manufacturing development.

Newmont fell 14.70%, with a trading volume of $1.878 billion. Newmont's stock price plummeted, and investors remain cautious about its future outlook.

Honeywell fell 5.10%, with a trading volume of $1.83 billion. Honeywell lowered its full-year forecast due to supply chain disruptions, impacting its stock price.

Lam Research rose 5.09%, with a trading volume of $1.763 billion. Lam Research's first-quarter revenue exceeded expectations, with strong performance in the semiconductor and AI sectors.