Explosive Trading: Nvidias Soaring Volume Leads Market Surge Amidst Mixed Performances

Generated by AI AgentAinvest Market Brief
Wednesday, Jan 29, 2025 5:31 pm ET2min read
NVDA--
1. Nvidia (Nasdaq: NVDA)
Nvidia dropped solidly by -4.03%, with the trading volume of 53.10B. NVIDIA experienced a 4% decline as major U.S. indices closed lower, while Jerome Powell indicated no interest rate changes in March. NVIDIA's shares in Frankfurt rose early by 2.05%, and the company saw a strong rebound later, surging nearly 9% alongside tech stock gains.

2. Tesla (Nasdaq: TSLA)
Tesla dipped mildly by -2.26%, with the trading volume of 23.68B. Tesla plans to launch its Robotaxi service in the US this year, expects its energy business to grow 50% annually by 2025, and is suing the EU over tariffs on Chinese electric vehicles. Fourth-quarter revenue missed expectations but net profit exceeded forecasts.

3. Meta Platforms (Nasdaq: META)
Meta Platforms gained mildly by 0.32%, with the trading volume of 12.53B. Meta's 2024 annual report showed $164.01 billion revenue, up 21.94%, with $623.60 billion net profit. KeyBanc and JMP Securities maintained 'overweight' ratings with a $750 target. On January 27, Meta disclosed 54 insider transactions.

4. Apple (Nasdaq: AAPL)
Apple gained mildly by 0.46%, with the trading volume of 10.76B. Apple's revenue for fiscal year 2024 reached $391.04 billion with a net income of $93.736 billion. Oppenheimer downgraded Apple's rating to "market perform." Apple resolved the Apple Pay outage affecting users since January 28.

5. Microsoft (Nasdaq: MSFT)
Microsoft dipped mildly by -1.09%, with the trading volume of 9.33B. Microsoft reported Q2 2025 revenue of $696 billion, surpassing expectations of $688.4 billion, with a net profit increase of 10% fueled by a 31% rise in Azure and cloud services revenues. Capital expenditure is projected to expand in upcoming years.

6. Alibaba Group Holding Limited (NYSE: BABA)
Alibaba Group Holding Limited gained mildly by 0.71%, with the trading volume of 7.37B. Alibaba's Qwen2.5-Max model, launched on January 29, surpasses GPT-4o and DeepSeek-V3 across benchmarks. Meanwhile, Norway's sovereign wealth fund significantly increased its holdings in Chinese tech firms, including Alibaba.

7. Broadcom (Nasdaq: AVGO)
Broadcom dipped mildly by -0.49%, with the trading volume of 6.34B. Broadcom's revenue for fiscal year ending November 3, 2024, was $51.574 billion with a net profit of $5.895 billion. Morgan Stanley maintains an "Overweight" rating for Broadcom with a price target of $246.

8. Amazon (Nasdaq: AMZN)
Amazon.Com dipped mildly by -0.45%, with the trading volume of 6.02B. Amazon's trading volume reached $5.927 billion on January 29, 2025. Meanwhile, major tech companies Nvidia, Apple, Microsoft, Meta, and Alphabet had a strong rebound, with gains over 1% and Nvidia soaring almost 9%.

9. Advanced Micro Devices (Nasdaq: AMD)
Advanced Micro Devices gained mildly by 2.79%, with the trading volume of 4.57B. Advanced Micro Devices reported Q3 2024 revenue of $18.127 billion and net income of $1.159 billion. Susquehanna maintains a positive rating with a target price of $165.00, while Melius Research downgraded its rating to hold and lowered the target price to $129.00.

10. Starbucks (Nasdaq: SBUX)
Starbucks surged by 8.14%, with the trading volume of 4.28B. Starbucks released its Q1 earnings with revenue of $93.98 billion and net profit of $7.81 billion. Analysts adjusted target prices upward, with BMO Capital at $115, Wedbush at $100, and Barclays at $124, while customer attrition rates have begun to decrease.

Market Watch column provides a thorough analysis of stock market fluctuations and expert ratings.

Latest Articles

Stay ahead of the market.

Get curated U.S. market news, insights and key dates delivered to your inbox.

Comments



Add a public comment...
No comments

No comments yet