Market Movers: Nvidias Supply Woes and Teslas EV Triumph Amidst High Trading Volumes

Generated by AI AgentAinvest Market Brief
Monday, Jan 13, 2025 11:23 pm ET2min read
1. Nvidia (Nasdaq: NVDA)
Nvidia dipped mildly by -1.97%, with the trading volume of 26.67B. NVIDIA is experiencing supply shortages for its RTX 5090 GPU, potentially leading to price hikes. Additionally, the company's Blackwell chips face overheating issues, delaying data center AI chip deliveries. New US export controls on AI chips threaten NVIDIA's revenue.

2. Tesla (Nasdaq: TSLA)
Tesla gained mildly by 2.17%, with the trading volume of 25.64B. Tesla surpasses Audi in global electric vehicle sales for 2024, achieves record Q4 energy deployment at 11GWh, plans to fast-track humanoid robot production, and anticipates exceeding production guidance.

3. Apple (Nasdaq: AAPL)
Apple dipped mildly by -1.03%, with the trading volume of 11.52B. Apple faces a £1.5 billion lawsuit in the UK over alleged App Store monopoly practices, while addressing security vulnerabilities in macOS and USB-C controllers. The company plans to release the fourth-generation iPhone SE with A18 chips and updates for iOS.

4. Microsoft (Nasdaq: MSFT)
Microsoft dipped mildly by -0.42%, with the trading volume of 7.30B. Microsoft plans global layoffs but exempts its Indian workforce, continuing to expand local employment. Additionally, Microsoft secured a patent for AI-designed games, allowing custom gameplay experiences. Furthermore, Microsoft announced the formation of a new AI team, Core AI, led by a former Meta engineering executive.

5. Meta Platforms (Nasdaq: META)
Meta Platforms dipped mildly by -1.22%, with the trading volume of 6.46B. Meta's CEO criticized Apple's developer fees; the U.S. Supreme Court refused Meta's request to dismiss an advertiser lawsuit alleging inflated audience numbers. Meanwhile, Meta disclosed significant insider trading activity, including stock sales by Mark Zuckerberg.

6. Amazon (Nasdaq: AMZN)
Amazon.Com dipped mildly by -0.22%, with the trading volume of 5.91B. Amazon will shut down its "Prime Try Before You Buy" service by January 31, 2025, replacing it with AI features.

7. Broadcom (Nasdaq: AVGO)
Broadcom gained mildly by 0.44%, with the trading volume of 5.33B. Broadcom's board member sold 96,000 shares in a single day. Additionally, AI chip companies including Broadcom fell over 2% after the Biden administration unveiled new AI chip export restrictions.

8. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated gained mildly by 0.15%, with the trading volume of 4.99B. Microstrategy's trading volume on January 13, 2025, reached $49.86 billion, marking it the eighth highest on the US stock market that day.

9. Intra-Cellular Therapies (Nasdaq: ITCI)
Intra-Cellular Therapies surged by 34.07%, with the trading volume of 4.57B. Needham downgraded Intra-cellular from buy to hold, setting a target price of $100. Intra-cellular reported third-quarter 2024 revenue as of September 30.

10. Advanced Micro Devices (Nasdaq: AMD)
Advanced Micro Devices gained mildly by 1.10%, with the trading volume of 4.48B. The European Union is examining Apple's new fee structure, while Wells Fargo maintains an "Overweight" rating for Advanced Micro Devices, setting a target price of $165. AMD recently reported Q3 2024 revenue of $181.27 billion and a net profit of $11.59 billion.

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