Booming Markets: Nvidia and Microstrategy Lead Trading Volume Surge
Thursday, Nov 28, 2024 11:23 pm ET
2min read 1. Nvidia (Nasdaq: NVDA)
Nvidia dipped mildly by -1.15%, with the trading volume of 30.20B. xAI plans to double the chip count at its "Colossus" data center using part of a recent $50 billion funding, and intends to raise more funds next year. The center, utilizing Nvidia GPUs, is among the largest AI tech chip clusters globally.
2. Tesla (Nasdaq: TSLA)
Tesla dipped mildly by -1.58%, with the trading volume of 19.27B. Pony.ai successfully listed on Nasdaq under the ticker "PONY", marking it as the second global Robotaxi company to go public.
3. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated surged by 9.94%, with the trading volume of 13.49B. Microstrategy reported a trading volume of $13.486 billion on November 27, 2024, ranking third in the US stock market for that day.
4. Apple (Nasdaq: AAPL)
Apple dipped mildly by -0.06%, with the trading volume of 7.86B. Apple plans to upgrade iPhone 17 with 24MP front cameras from the previous 12MP, and rumors of supply chain shifts were refuted by Apple executives, affirming the significance of Chinese suppliers.
5. Microsoft (Nasdaq: MSFT)
Microsoft dipped mildly by -1.17%, with the trading volume of 7.77B. Microsoft is facing multiple antitrust investigations in the US and Europe, covering its cloud computing, software licensing, network security, and AI products. The Federal Trade Commission is actively collecting information from competitors regarding Microsoft's business practices.
6. Amazon (Nasdaq: AMZN)
Amazon.Com dipped mildly by -1.02%, with the trading volume of 5.78B. Amazon is developing a new AI model capable of handling images and video to reduce reliance on Anthropic, and the EU confirmed Amazon, Fiat, and Starbucks have not received selective tax advantages violating state aid rules.
7. Dell Technologies (NYSE: DELL)
Dell Technologies plunged by -12.25%, with the trading volume of 4.73B. Dell Technologies' Q3 revenue rose 10% to $24.4 billion, with AI server backorders at $3.6 billion, but PC sales dropped 18%. Despite lower Q4 guidance, analysts remain confident in the firm's AI-focused transition and enterprise business growth.
8. Meta Platforms (Nasdaq: META)
Meta Platforms dipped mildly by -0.76%, with the trading volume of 4.09B. Meta Platforms CEO Mark Zuckerberg met with Donald Trump at Mar-a-Lago, indicating a shift in their historically tense relationship. Meta also criticized Australia's new legislation limiting social media use for those under 16, arguing it neglects industry and youth perspectives.
9. Advanced Micro Devices (Nasdaq: AMD)
Advanced Micro Devices dipped mildly by -1.07%, with the trading volume of 4.07B. Under Lisa Su's leadership, AMD has secured glass substrate patents and plans to commercialize them by 2026, signaling a significant advancement in chip packaging technology.
10. Coinbase Global (Nasdaq: COIN)
Coinbase Global surged by 6.03%, with the trading volume of 4.07B. Coinbase Global disclosed 34 insider transactions on November 27, 2024, including an executive, Brock Lawrence J., selling 15,900 shares on November 26. Additionally, executive Jones Jennifer N. sold 1,837 shares on November 22.
Nvidia dipped mildly by -1.15%, with the trading volume of 30.20B. xAI plans to double the chip count at its "Colossus" data center using part of a recent $50 billion funding, and intends to raise more funds next year. The center, utilizing Nvidia GPUs, is among the largest AI tech chip clusters globally.
2. Tesla (Nasdaq: TSLA)
Tesla dipped mildly by -1.58%, with the trading volume of 19.27B. Pony.ai successfully listed on Nasdaq under the ticker "PONY", marking it as the second global Robotaxi company to go public.
3. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated surged by 9.94%, with the trading volume of 13.49B. Microstrategy reported a trading volume of $13.486 billion on November 27, 2024, ranking third in the US stock market for that day.
4. Apple (Nasdaq: AAPL)
Apple dipped mildly by -0.06%, with the trading volume of 7.86B. Apple plans to upgrade iPhone 17 with 24MP front cameras from the previous 12MP, and rumors of supply chain shifts were refuted by Apple executives, affirming the significance of Chinese suppliers.
5. Microsoft (Nasdaq: MSFT)
Microsoft dipped mildly by -1.17%, with the trading volume of 7.77B. Microsoft is facing multiple antitrust investigations in the US and Europe, covering its cloud computing, software licensing, network security, and AI products. The Federal Trade Commission is actively collecting information from competitors regarding Microsoft's business practices.
6. Amazon (Nasdaq: AMZN)
Amazon.Com dipped mildly by -1.02%, with the trading volume of 5.78B. Amazon is developing a new AI model capable of handling images and video to reduce reliance on Anthropic, and the EU confirmed Amazon, Fiat, and Starbucks have not received selective tax advantages violating state aid rules.
7. Dell Technologies (NYSE: DELL)
Dell Technologies plunged by -12.25%, with the trading volume of 4.73B. Dell Technologies' Q3 revenue rose 10% to $24.4 billion, with AI server backorders at $3.6 billion, but PC sales dropped 18%. Despite lower Q4 guidance, analysts remain confident in the firm's AI-focused transition and enterprise business growth.
8. Meta Platforms (Nasdaq: META)
Meta Platforms dipped mildly by -0.76%, with the trading volume of 4.09B. Meta Platforms CEO Mark Zuckerberg met with Donald Trump at Mar-a-Lago, indicating a shift in their historically tense relationship. Meta also criticized Australia's new legislation limiting social media use for those under 16, arguing it neglects industry and youth perspectives.
9. Advanced Micro Devices (Nasdaq: AMD)
Advanced Micro Devices dipped mildly by -1.07%, with the trading volume of 4.07B. Under Lisa Su's leadership, AMD has secured glass substrate patents and plans to commercialize them by 2026, signaling a significant advancement in chip packaging technology.
10. Coinbase Global (Nasdaq: COIN)
Coinbase Global surged by 6.03%, with the trading volume of 4.07B. Coinbase Global disclosed 34 insider transactions on November 27, 2024, including an executive, Brock Lawrence J., selling 15,900 shares on November 26. Additionally, executive Jones Jennifer N. sold 1,837 shares on November 22.
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