High Stakes and Big Gains: A Deep Dive into Todays Trading Volume Highlights!
Tuesday, Dec 3, 2024 5:31 pm ET
2min read 1. Nvidia (Nasdaq: NVDA)
Nvidia gained mildly by 1.18%, with the trading volume of 22.56B. NVIDIA's upcoming "Blackwell Ultra" GB300 AI server is set for a mid-2025 release, and the company faced production delays on its GB200 chips due to US suppliers. NVIDIA anticipates strong performance with its Rubcin chip, leveraging advanced 3nm technology.
2. Tesla (Nasdaq: TSLA)
Tesla dipped mildly by -1.59%, with the trading volume of 19.97B. Judge Kathaleen McCormick dismissed a compensation proposal from Elon Musk as Tesla CEO, marking the second rejection this year. Meanwhile, Tesla's November sales hit a record high, though deliveries at its Shanghai factory fell for the second consecutive month.
3. Apple (Nasdaq: AAPL)
Apple gained mildly by 1.28%, with the trading volume of 9.34B. Apple plans to launch five new products in spring 2024. The company is developing a foldable iPhone for 2026 and may increase the price of iPhone SE 4. Apple will invest $10 billion in Indonesia, and faces a $10 billion lawsuit from UK developers over App Store fees.
4. Meta Platforms (Nasdaq: META)
Meta Platforms gained solidly by 3.51%, with the trading volume of 8.98B. Meta is investing $100 billion to build a 40,000-kilometer undersea cable network for improved global communication. Additionally, Morgan Stanley praises Meta for pioneering AI monetization, emphasizing its extensive user base. Meta is also tightening Australia’s ad regulations to combat financial scams.
5. Super Micromputer (Nasdaq: SMCI)
Super Micromputer dropped solidly by -4.26%, with the trading volume of 8.58B. Super Micro Computer's independent review found no misconduct, but the company is replacing CFO David Weigand and seeking new legal and compliance officers. Despite the clean audit, JPMorgan advises caution until compliance issues are fully understood.
6. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated dipped mildly by -1.81%, with the trading volume of 8.57B. MicroStrategy acquired approximately 15,400 bitcoins for around $1.5 billion in cash, bringing its total holdings to about 402,100 bitcoins as of December 1.
7. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 0.05%, with the trading volume of 7.87B. Microsoft is under FTC investigation for its AI software sales and OpenAI deal. The company also faces a $1.27 billion antitrust lawsuit for allegedly retaliating against Google Cloud customers.
8. Palantir Technologies (NYSE: PLTR)
Palantir Technologies surged by 6.88%, with the trading volume of 7.00B. Palantir reported a significant increase in trading volume, reaching $6.956 billion on December 3, 2024.
9. Amazon (Nasdaq: AMZN)
Amazon.Com gained mildly by 1.30%, with the trading volume of 6.82B. Amazon announced the launch of its new AI chip Trainium 2. BMO Capital reaffirms Amazon's rating as "outperform" with a target price of $236. Amazon is collaborating with Orbital Materials to develop low-carbon technology and has signed a five-year data center chip supply deal with Marvell.
10. Salesforce (NYSE: CRM)
Salesforce gained mildly by 0.23%, with the trading volume of 3.79B. Salesforce's Q3 revenue increased 8.3% to $9.44 billion with an adjusted operating margin of 33.1%. The company is expanding aggressively into AI, with Wall Street closely watching for returns on investment. Analysts broadly maintain positive ratings and increased price targets.
Nvidia gained mildly by 1.18%, with the trading volume of 22.56B. NVIDIA's upcoming "Blackwell Ultra" GB300 AI server is set for a mid-2025 release, and the company faced production delays on its GB200 chips due to US suppliers. NVIDIA anticipates strong performance with its Rubcin chip, leveraging advanced 3nm technology.
2. Tesla (Nasdaq: TSLA)
Tesla dipped mildly by -1.59%, with the trading volume of 19.97B. Judge Kathaleen McCormick dismissed a compensation proposal from Elon Musk as Tesla CEO, marking the second rejection this year. Meanwhile, Tesla's November sales hit a record high, though deliveries at its Shanghai factory fell for the second consecutive month.
3. Apple (Nasdaq: AAPL)
Apple gained mildly by 1.28%, with the trading volume of 9.34B. Apple plans to launch five new products in spring 2024. The company is developing a foldable iPhone for 2026 and may increase the price of iPhone SE 4. Apple will invest $10 billion in Indonesia, and faces a $10 billion lawsuit from UK developers over App Store fees.
4. Meta Platforms (Nasdaq: META)
Meta Platforms gained solidly by 3.51%, with the trading volume of 8.98B. Meta is investing $100 billion to build a 40,000-kilometer undersea cable network for improved global communication. Additionally, Morgan Stanley praises Meta for pioneering AI monetization, emphasizing its extensive user base. Meta is also tightening Australia’s ad regulations to combat financial scams.
5. Super Micromputer (Nasdaq: SMCI)
Super Micromputer dropped solidly by -4.26%, with the trading volume of 8.58B. Super Micro Computer's independent review found no misconduct, but the company is replacing CFO David Weigand and seeking new legal and compliance officers. Despite the clean audit, JPMorgan advises caution until compliance issues are fully understood.
6. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated dipped mildly by -1.81%, with the trading volume of 8.57B. MicroStrategy acquired approximately 15,400 bitcoins for around $1.5 billion in cash, bringing its total holdings to about 402,100 bitcoins as of December 1.
7. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 0.05%, with the trading volume of 7.87B. Microsoft is under FTC investigation for its AI software sales and OpenAI deal. The company also faces a $1.27 billion antitrust lawsuit for allegedly retaliating against Google Cloud customers.
8. Palantir Technologies (NYSE: PLTR)
Palantir Technologies surged by 6.88%, with the trading volume of 7.00B. Palantir reported a significant increase in trading volume, reaching $6.956 billion on December 3, 2024.
9. Amazon (Nasdaq: AMZN)
Amazon.Com gained mildly by 1.30%, with the trading volume of 6.82B. Amazon announced the launch of its new AI chip Trainium 2. BMO Capital reaffirms Amazon's rating as "outperform" with a target price of $236. Amazon is collaborating with Orbital Materials to develop low-carbon technology and has signed a five-year data center chip supply deal with Marvell.
10. Salesforce (NYSE: CRM)
Salesforce gained mildly by 0.23%, with the trading volume of 3.79B. Salesforce's Q3 revenue increased 8.3% to $9.44 billion with an adjusted operating margin of 33.1%. The company is expanding aggressively into AI, with Wall Street closely watching for returns on investment. Analysts broadly maintain positive ratings and increased price targets.
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