High-Stakes Movements: Tesla, Nvidia, and Microstrategy Lead Trading Volume Race
Thursday, Dec 5, 2024 5:31 pm ET
NVDA --
TSLA --
1. Tesla (Nasdaq: TSLA)
Tesla gained solidly by 3.23%, with the trading volume of 29.85B. Tesla's Cybertruck production faces challenges with worker dissatisfaction over overtime pay; Guggenheim maintains a sell rating with a $175 target, while B of A Securities keeps a buy rating with a $400 target. Cybercab's design significantly reduces components over Model Y.
2. Nvidia (Nasdaq: NVDA)
Nvidia dipped mildly by -0.06%, with the trading volume of 24.94B. NVIDIA CEO Jensen Huang announced the acquisition of VinBrain, an AI company under Vietnam’s Vingroup. Additionally, NVIDIA plans to collaborate with TSMC to produce Blackwell AI chips in Arizona. The Vietnamese government and NVIDIA signed an agreement to establish an AI research center.
3. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated dropped solidly by -4.83%, with the trading volume of 18.48B. Microstrategy reported a December 5 trading volume of $18.162 billion, marking a 56.45% increase from the previous day.
4. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 1.19%, with the trading volume of 9.56B. Microsoft has enabled widespread distribution of Windows 11 24H2, enhancing availability for more devices. The company has also admitted that November's optional Win11 update conflicts with Recall AI. Microsoft advises Surface users to upgrade to Windows 11, revealing device specifications.
5. Apple (Nasdaq: AAPL)
Apple gained mildly by 0.01%, with the trading volume of 9.08B. Apple plans to launch a budget iPhone after over 1,000 days, and its Chinese version will feature Baidu's AI model. Apple is advancing in the smart home sector with BYD and Tianma as partners, and has significant involvement in the global wearables market.
6. Amazon (Nasdaq: AMZN)
Amazon.Com gained mildly by 1.10%, with the trading volume of 8.94B. Amazon is facing a lawsuit in Washington, D.C. for allegedly depriving low-income customers of Prime delivery services. Additionally, Amazon is enhancing its AI capabilities by deploying 100,000 Trainium2 chips to challenge NVIDIA's dominance in the AI chip market.
7. Coinbase Global (Nasdaq: COIN)
Coinbase Global dropped solidly by -3.13%, with the trading volume of 6.52B. Coinbase Global disclosed 10 insider transactions on December 4, 2024, with executive Grewal Paul selling 1,640 shares on December 2, 2024.
8. Uber Technologies (NYSE: UBER)
Uber Technologies plunged by -9.58%, with the trading volume of 5.13B. JMP Securities reaffirmed Uber Technologies Inc.'s outperform rating with a target price of $95.00. For the quarter ending September 30, 2024, Uber reported revenue of $32.019 billion, a year-over-year increase of 17.09%, with net income rising.
9. Meta Platforms (Nasdaq: META)
Meta Platforms dipped mildly by -0.79%, with the trading volume of 4.92B. Meta Platforms plans a $10 billion investment to build its largest AI data center in Louisiana. The company collaborates with James Cameron's Lightstorm Vision to enhance Meta Quest's 3D entertainment. Additionally, it will purchase green credits from four U.S. solar projects to meet clean energy goals.
10. Palantir Technologies (NYSE: PLTR)
Palantir Technologies gained mildly by 2.89%, with the trading volume of 4.75B. Palantir Technologies received FedRAMP advanced authorization for its cloud-based services. The company disclosed insider trading activities by executives, including Moore Alexander D. and Sankar Shyam, who sold shares on December 2 and 3, respectively.
Tesla gained solidly by 3.23%, with the trading volume of 29.85B. Tesla's Cybertruck production faces challenges with worker dissatisfaction over overtime pay; Guggenheim maintains a sell rating with a $175 target, while B of A Securities keeps a buy rating with a $400 target. Cybercab's design significantly reduces components over Model Y.
2. Nvidia (Nasdaq: NVDA)
Nvidia dipped mildly by -0.06%, with the trading volume of 24.94B. NVIDIA CEO Jensen Huang announced the acquisition of VinBrain, an AI company under Vietnam’s Vingroup. Additionally, NVIDIA plans to collaborate with TSMC to produce Blackwell AI chips in Arizona. The Vietnamese government and NVIDIA signed an agreement to establish an AI research center.
3. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated dropped solidly by -4.83%, with the trading volume of 18.48B. Microstrategy reported a December 5 trading volume of $18.162 billion, marking a 56.45% increase from the previous day.
4. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 1.19%, with the trading volume of 9.56B. Microsoft has enabled widespread distribution of Windows 11 24H2, enhancing availability for more devices. The company has also admitted that November's optional Win11 update conflicts with Recall AI. Microsoft advises Surface users to upgrade to Windows 11, revealing device specifications.
5. Apple (Nasdaq: AAPL)
Apple gained mildly by 0.01%, with the trading volume of 9.08B. Apple plans to launch a budget iPhone after over 1,000 days, and its Chinese version will feature Baidu's AI model. Apple is advancing in the smart home sector with BYD and Tianma as partners, and has significant involvement in the global wearables market.
6. Amazon (Nasdaq: AMZN)
Amazon.Com gained mildly by 1.10%, with the trading volume of 8.94B. Amazon is facing a lawsuit in Washington, D.C. for allegedly depriving low-income customers of Prime delivery services. Additionally, Amazon is enhancing its AI capabilities by deploying 100,000 Trainium2 chips to challenge NVIDIA's dominance in the AI chip market.
7. Coinbase Global (Nasdaq: COIN)
Coinbase Global dropped solidly by -3.13%, with the trading volume of 6.52B. Coinbase Global disclosed 10 insider transactions on December 4, 2024, with executive Grewal Paul selling 1,640 shares on December 2, 2024.
8. Uber Technologies (NYSE: UBER)
Uber Technologies plunged by -9.58%, with the trading volume of 5.13B. JMP Securities reaffirmed Uber Technologies Inc.'s outperform rating with a target price of $95.00. For the quarter ending September 30, 2024, Uber reported revenue of $32.019 billion, a year-over-year increase of 17.09%, with net income rising.
9. Meta Platforms (Nasdaq: META)
Meta Platforms dipped mildly by -0.79%, with the trading volume of 4.92B. Meta Platforms plans a $10 billion investment to build its largest AI data center in Louisiana. The company collaborates with James Cameron's Lightstorm Vision to enhance Meta Quest's 3D entertainment. Additionally, it will purchase green credits from four U.S. solar projects to meet clean energy goals.
10. Palantir Technologies (NYSE: PLTR)
Palantir Technologies gained mildly by 2.89%, with the trading volume of 4.75B. Palantir Technologies received FedRAMP advanced authorization for its cloud-based services. The company disclosed insider trading activities by executives, including Moore Alexander D. and Sankar Shyam, who sold shares on December 2 and 3, respectively.