icon
icon
icon
icon
$300 Off
$300 Off

News /

Articles /

High-Stakes Trading Volume: Nvidias AI Moves and Intels Surge Steal the Spotlight!

Market BriefMonday, Sep 16, 2024 6:31 pm ET
1min read
1. Nvidia (Nasdaq: NVDA)
Nvidia dipped mildly by -1.95%, with the trading volume of 28.25B. NVIDIA disclosed nine insider trading transactions on September 16, 2024. CEO Jensen Huang sold 64,300 shares on September 13. The U.S. approved the sale of advanced AI chips from NVIDIA to UAE's G42, highlighting NVIDIA's influence in AI advancements.

2. Apple (Nasdaq: AAPL)
Apple dipped mildly by -2.78%, with the trading volume of 12.77B. Evercore ISI Group reiterated its outperform rating for Apple, setting a target price of $250. iPhone 16's initial weekend pre-orders were approximately 37 million units, down 12.7% compared to the iPhone 15 series.

3. Tesla (Nasdaq: TSLA)
Tesla dipped mildly by -1.54%, with the trading volume of 12.28B. Tesla announced its 100 millionth 4680 battery unit production milestone, with congratulations from CEO Elon Musk. Canaccord Genuity maintained a “buy” rating, setting a target price of $254. Tesla's Cybertruck reaches a charging power of 405 kW; Model Y's redesign leaked.

4. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 0.17%, with the trading volume of 5.79B. Microsoft signed a major Office AI agreement with Vodafone Group, offering Microsoft 365 Copilot to 68,000 employees to boost productivity and innovation.

5. Meta Platforms (Nasdaq: META)
Meta Platforms gained mildly by 1.65%, with the trading volume of 5.01B. DA Davidson rates Meta a buy as real Quest 3S images leak featuring USB-C audio.

6. Amazon (Nasdaq: AMZN)
Amazon.Com dipped mildly by -0.86%, with the trading volume of 4.75B. Intel will develop custom AI chips for Amazon, bolstering its cloud computing capabilities and strengthening collaboration between the two tech giants.

7. Oracle (NYSE: ORCL)
Oracle gained solidly by 5.15%, with the trading volume of 4.64B. Oracle's Q1 2025 report showed $133.07 billion in revenue and $29.29 billion in net profit. Melius Research upgraded Oracle to buy, and Jefferies maintained its buy rating, raising the price target to $190.

8. Advanced Micro Devices (Nasdaq: AMD)
Advanced Micro Devices dipped mildly by -0.15%, with the trading volume of 4.21B. Advanced Micro Devices recorded a $4.211 billion trading turnover on September 16, 2024, ranking 9th in the US stock market for that day.

9. Broadcom (Nasdaq: AVGO)
Broadcom dipped mildly by -2.19%, with the trading volume of 3.84B. Broadcom experienced a 2.9% decline in its performance as the Philadelphia Semiconductor Index fell by 2%.

10. Intel (Nasdaq: INTC)
Intel surged by 6.36%, with the trading volume of 2.99B. Intel will create custom AI chips for Amazon. The company announced cost-cutting measures and the separation of its chip manufacturing and design businesses. It received up to $3 billion in funding for secure semiconductor manufacturing under the CHIPS Act. Factory projects in Germany and Poland are paused.
Comments

Add a public comment...
Post
No Comment Yet
Disclaimer: The news articles available on this platform are generated in whole or in part by artificial intelligence and may not have been reviewed or fact checked by human editors. While we make reasonable efforts to ensure the quality and accuracy of the content, we make no representations or warranties, express or implied, as to the truthfulness, reliability, completeness, or timeliness of any information provided. It is your sole responsibility to independently verify any facts, statements, or claims prior to acting upon them. Ainvest Fintech Inc expressly disclaims all liability for any loss, damage, or harm arising from the use of or reliance on AI-generated content, including but not limited to direct, indirect, incidental, or consequential damages.
You Can Understand News Better with AI.
Whats the News impact on stock market?
Its impact is
fork
logo
AInvest
Aime Coplilot
Invest Smarter With AI Power.
Open App