High-Volume Highlights: Teslas New Model, Nvidias AI Surge, and Apples Bold Moves
Thursday, Dec 19, 2024 5:31 pm ET
2min read 1. Tesla (Nasdaq: TSLA)
Tesla dipped mildly by -0.90%, with the trading volume of 51.48B. Tesla's Shanghai factory will release an updated and six-seat Model Y. Tesla's manufacturing VP and Shanghai factory head, Song Gang, has been rumored to join Envision or Xiaomi Auto, sparking industry speculation.
2. Nvidia (Nasdaq: NVDA)
Nvidia gained mildly by 1.37%, with the trading volume of 27.08B. Microsoft purchased 485,000 NVIDIA AI chips this year, becoming its largest customer and contributing 20% to NVIDIA's revenue. NVIDIA's CEO Jensen Huang will deliver a keynote at CES 2025, showcasing innovation in the tech industry.
3. Apple (Nasdaq: AAPL)
Apple gained mildly by 0.70%, with the trading volume of 14.72B. Apple halts iPhone hardware subscription plan due to regulatory issues; considering AI integration with Tencent and ByteDance for Chinese iPhones; nearly secures agreement with Indonesia for $1 billion investment to lift iPhone 16 sales ban.
4. Microsoft (Nasdaq: MSFT)
Microsoft dipped mildly by -0.08%, with the trading volume of 9.44B. Microsoft has become Nvidia's largest customer, purchasing 485,000 AI chips, representing 20% of Nvidia's revenue. Microsoft announced significant updates to Bing Image Creator and is developing a unified Xbox cross-platform UI. Microsoft 365 will be rebranded as Microsoft 365 Copilot in January 2025.
5. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated plunged by -6.63%, with the trading volume of 9.01B. MicroStrategy co-founder Michael Saylor stated new purchasing plans would be implemented if necessary, declined to comment on meetings with President-elect Trump, and would consider becoming an advisory board member if invited.
6. Broadcom (Nasdaq: AVGO)
Broadcom dipped mildly by -2.37%, with the trading volume of 8.91B. Broadcom's fiscal year 2024 earnings report highlights strong growth in ASIC demand, with revenue reaching $516 billion, a 44% increase, and AI revenue up 220% to $122 billion. Recent insider trading activities and mixed Q4 results reflect the company's strategic positioning.
7. Meta Platforms (Nasdaq: META)
Meta Platforms dipped mildly by -0.27%, with the trading volume of 8.29B. Meta's interoperability dispute with Apple intensifies amid EU investigation. Meta launches AI video watermark tool to combat deepfakes. Instagram predicted to generate half of Meta's U.S. ad revenue by next year. Meta introduces Apollo model to enhance video understanding.
8. Amazon (Nasdaq: AMZN)
Amazon.Com gained mildly by 1.26%, with the trading volume of 8.12B. Amazon reaches settlement with OSHA to improve workplace safety at its facilities. Thousands of Amazon US employees plan to strike during the peak holiday shopping season, posing operational challenges as the company faces union pressure over contract negotiations.
9. Micron Technology (Nasdaq: MU)
Micron Technology plunged by -16.18%, with the trading volume of 7.86B. Micron Technology released its 2025 Q1 report with revenue at $87.09 billion and net profit of $18.70 billion. Morgan Stanley cut its target price to $145.00, while B of A Securities downgraded its rating to neutral. Rosenblatt maintained a buy rating.
10. Palantir Technologies (NYSE: PLTR)
Palantir Technologies gained solidly by 3.78%, with the trading volume of 7.39B. UBS initiated coverage on Palantir with a neutral rating and set a target price of $80.00. Palantir reported Q3 2024 revenue of $2.038 billion, marking a 26.06% year-over-year increase as of September 30, 2024.
Tesla dipped mildly by -0.90%, with the trading volume of 51.48B. Tesla's Shanghai factory will release an updated and six-seat Model Y. Tesla's manufacturing VP and Shanghai factory head, Song Gang, has been rumored to join Envision or Xiaomi Auto, sparking industry speculation.
2. Nvidia (Nasdaq: NVDA)
Nvidia gained mildly by 1.37%, with the trading volume of 27.08B. Microsoft purchased 485,000 NVIDIA AI chips this year, becoming its largest customer and contributing 20% to NVIDIA's revenue. NVIDIA's CEO Jensen Huang will deliver a keynote at CES 2025, showcasing innovation in the tech industry.
3. Apple (Nasdaq: AAPL)
Apple gained mildly by 0.70%, with the trading volume of 14.72B. Apple halts iPhone hardware subscription plan due to regulatory issues; considering AI integration with Tencent and ByteDance for Chinese iPhones; nearly secures agreement with Indonesia for $1 billion investment to lift iPhone 16 sales ban.
4. Microsoft (Nasdaq: MSFT)
Microsoft dipped mildly by -0.08%, with the trading volume of 9.44B. Microsoft has become Nvidia's largest customer, purchasing 485,000 AI chips, representing 20% of Nvidia's revenue. Microsoft announced significant updates to Bing Image Creator and is developing a unified Xbox cross-platform UI. Microsoft 365 will be rebranded as Microsoft 365 Copilot in January 2025.
5. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated plunged by -6.63%, with the trading volume of 9.01B. MicroStrategy co-founder Michael Saylor stated new purchasing plans would be implemented if necessary, declined to comment on meetings with President-elect Trump, and would consider becoming an advisory board member if invited.
6. Broadcom (Nasdaq: AVGO)
Broadcom dipped mildly by -2.37%, with the trading volume of 8.91B. Broadcom's fiscal year 2024 earnings report highlights strong growth in ASIC demand, with revenue reaching $516 billion, a 44% increase, and AI revenue up 220% to $122 billion. Recent insider trading activities and mixed Q4 results reflect the company's strategic positioning.
7. Meta Platforms (Nasdaq: META)
Meta Platforms dipped mildly by -0.27%, with the trading volume of 8.29B. Meta's interoperability dispute with Apple intensifies amid EU investigation. Meta launches AI video watermark tool to combat deepfakes. Instagram predicted to generate half of Meta's U.S. ad revenue by next year. Meta introduces Apollo model to enhance video understanding.
8. Amazon (Nasdaq: AMZN)
Amazon.Com gained mildly by 1.26%, with the trading volume of 8.12B. Amazon reaches settlement with OSHA to improve workplace safety at its facilities. Thousands of Amazon US employees plan to strike during the peak holiday shopping season, posing operational challenges as the company faces union pressure over contract negotiations.
9. Micron Technology (Nasdaq: MU)
Micron Technology plunged by -16.18%, with the trading volume of 7.86B. Micron Technology released its 2025 Q1 report with revenue at $87.09 billion and net profit of $18.70 billion. Morgan Stanley cut its target price to $145.00, while B of A Securities downgraded its rating to neutral. Rosenblatt maintained a buy rating.
10. Palantir Technologies (NYSE: PLTR)
Palantir Technologies gained solidly by 3.78%, with the trading volume of 7.39B. UBS initiated coverage on Palantir with a neutral rating and set a target price of $80.00. Palantir reported Q3 2024 revenue of $2.038 billion, marking a 26.06% year-over-year increase as of September 30, 2024.
Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.
_f34cf3fb1747264156535.jpg)
