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Broadcom Surges with Record Earnings Amid High Trading Volumes

Market BriefFriday, Mar 7, 2025 5:31 pm ET
2min read
1. Nvidia (Nasdaq: NVDA)
Nvidia gained mildly by 1.92%, with the trading volume of 37.75B. nvidia will host over 1000 sessions at GTC 2025 from March 17-21, focusing on AI developments. Meanwhile, NVIDIA's chips will be used in the Stargate project by OpenAI and Oracle for a large-scale data center in Texas. The company is investigating RTX 50 GPU issues.

2. Tesla (Nasdaq: TSLA)
Tesla dipped mildly by -0.30%, with the trading volume of 26.51B. Wedbush reaffirmed Tesla's rating as outperform with a target price of $550.00. Tesla reported 2024 revenue of $976.90 billion, a 0.95% increase, with a net profit of $71.53 billion.

3. Broadcom (Nasdaq: AVGO)
Broadcom surged by 8.64%, with the trading volume of 14.11B. Broadcom's Q1 2025 earnings beat expectations with $149.16 billion revenue and $55.03 billion net profit. Analysts at Truist Securities, Mizuho, Cantor Fitzgerald, and Benchmark maintain positive ratings with target prices of $267, $250, $300, and $255, respectively.

4. Meta Platforms (Nasdaq: META)
Meta Platforms dipped mildly by -0.36%, with the trading volume of 12.89B. Meta is advancing in AR glasses development, especially with its Orion project and plans for new language model Llama 4, featuring enhanced voice capabilities. Additionally, Meta dominates the global VR and AR market.

5. Amazon (Nasdaq: AMZN)
Amazon.Com dipped mildly by -0.72%, with the trading volume of 11.80B. Amazon Prime Video tests AI dubbing technology in English and Latin American Spanish on certain licensed films, enhancing media consumption experiences. Meanwhile, Amazon shares declined over 3% amid broader large-cap tech losses in the U.S. stock market downturn.

6. Apple (Nasdaq: AAPL)
Apple gained mildly by 1.59%, with the trading volume of 10.99B. Apple's iPhone 17 Pro Max may feature a thicker body and larger battery. The new Mac integrates M-series chips but lacks Wi-Fi 7. In Indonesia, Apple received local content certificates for 20 products, but further sales permits are required despite a $300 million investment.

7. Palantir Technologies (NYSE: PLTR)
Palantir Technologies gained solidly by 5.52%, with the trading volume of 8.64B. Palantir disclosed eight insider transactions on March 5, 2025, including Director Moore Alexander D. selling 4,500 shares on March 3, 2025.

8. Microsoft (Nasdaq: MSFT)
Microsoft dipped mildly by -0.90%, with the trading volume of 8.31B. Microsoft is developing internal AI inference models to compete with OpenAI and might sell them to developers. Stifel maintains a buy rating with a target price of $475. Microsoft reports $1352.17 billion in revenue and $487.75 billion in net profit for 2024.

9. Netflix (Nasdaq: NFLX)
Netflix dipped mildly by -1.68%, with the trading volume of 6.81B. Netflix saw significant user growth after cracking down on password sharing, though analysts predict this momentum will soon slow. A Moffett Nathanson report attributes the surge to previous users switching to paid subscriptions.

10. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated dropped solidly by -5.57%, with the trading volume of 6.69B. Microstrategy reported a trading volume of $6.613 billion on March 7, 2025.
Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.