Explosive Trading Volumes as Nvidia Leads Market Turbulence at CES 2025

Generated by AI AgentAinvest Market Brief
Tuesday, Jan 7, 2025 11:23 pm ET2min read
BTC--
NVDA--
1. Nvidia (Nasdaq: NVDA)
Nvidia plunged by -6.22%, with the trading volume of 50.14B. NVIDIA CEO Jensen Huang acknowledged Samsung Electronics faces challenges producing a new AI storage chip but remains confident in overcoming them. NVIDIA released the RTX 50 series GPU, showcasing significant performance enhancements and unveiling a new world model during CES 2025.

2. Tesla (Nasdaq: TSLA)
Tesla dropped solidly by -4.06%, with the trading volume of 29.83B. Tesla faces an official investigation into its Smart Summon feature for significant safety issues. The National Highway Traffic Safety Administration has initiated a probe concerning 2.6 million vehicles. Additionally, Bank of America downgraded Tesla's stock rating to neutral from buy.

3. Apple (Nasdaq: AAPL)
Apple dipped mildly by -1.14%, with the trading volume of 9.90B. Thunderbird Innovations unveiled Thunderbird V3 AI glasses at CES, featuring Falcon Imaging System, Tongyi Qianwen model, Snapdragon chip, and custom speakers. Additionally, Apple announced refurbished iPhone 15 in Europe, continued CarPlay 2.0 development, a $696 million settlement over Siri privacy issues, and plans for a 2026 foldable phone.

4. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated plunged by -9.94%, with the trading volume of 8.59B. Benchmark reaffirmed Microstrategy's buy rating with a new target price of $650. Microstrategy reported Q3 2024 revenue of $343 million as of September 30, 2024. Founder indicates possible Bitcoin purchase on Monday.

5. Meta Platforms (Nasdaq: META)
Meta Platforms dipped mildly by -1.95%, with the trading volume of 7.44B. Meta announced the termination of its third-party fact-checking program on Facebook and Instagram, shifting to a "community notes" approach aimed at encouraging free expression, as stated by Joel Kaplan, Meta’s Chief Global Affairs Officer.

6. Microsoft (Nasdaq: MSFT)
Microsoft dipped mildly by -1.28%, with the trading volume of 7.21B. Microsoft plans to undertake layoffs and enact stricter performance reviews, focusing on high-performing talent. Additionally, Microsoft announced new games including "Diablo" and "Lightyear Frontier" will be added to Xbox Game Pass, enhancing its gaming offerings.

7. Palantir Technologies (NYSE: PLTR)
Palantir Technologies plunged by -7.81%, with the trading volume of 6.47B. Palantir Technologies reported multiple insider transactions, with executive Taylor Ryan D. purchasing 400,000 shares. Morgan Stanley downgraded Palantir to "underweight" with a $60 target. The company reported Q3 2024 revenue of $2.038 billion, up 26.06%, and a net profit of $391 million.

8. Amazon (Nasdaq: AMZN)
Amazon.Com dipped mildly by -2.42%, with the trading volume of 6.26B. At CES 2025, Amazon Web Services announced a collaboration with Honda to develop next-generation software-defined vehicles using generative AI. Additionally, Amazon plans to invest approximately $11 billion to expand its cloud infrastructure in Georgia, supporting AI and cloud computing technologies.

9. Broadcom (Nasdaq: AVGO)
Broadcom dropped solidly by -3.29%, with the trading volume of 5.97B. Broadcom and Marvell see increased demand for ASIC custom chips boosting their performance, while Nvidia's CEO hints at entering the ASIC chip market. Additionally, Broadcom disclosed insider trading by executive Kawwas Charlie on January 6, 2025.

10. Micron Technology (Nasdaq: MU)
Micron Technology gained mildly by 2.67%, with the trading volume of 5.53B. Micron Technology launched a new PCIe 5.0 SSD at CES 2025, highlighting its low power performance. Additionally, Micron became the primary memory supplier for Samsung's Galaxy S25 series, marking a shift from Samsung's previous in-house memory solutions.

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