Market Movers: Tesla and Microstrategy Lead with Stellar Volume Surges
Monday, Nov 11, 2024 5:31 pm ET
1min read 1. Tesla (Nasdaq: TSLA)
Tesla surged by 8.96%, with the trading volume of 71.76B. XPeng Motors unveiled its new AI humanoid robot, Iron, equipped with self-developed chips for large model support. The robot is undergoing training at XPeng's Guangzhou factory and will focus on applications in factories and stores.
2. Nvidia (Nasdaq: NVDA)
Nvidia dipped mildly by -1.60%, with the trading volume of 26.24B. NVIDIA's latest mid-year report for fiscal 2025 reveals revenue of $56.084 billion and net profit of $31.480 billion. Melius Research and Morgan Stanley maintain buy and overweight ratings, targeting $185 and $160, respectively. Terry Smith criticizes NVIDIA's predicted profitability.
3. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated surged by 25.73%, with the trading volume of 14.90B. Please provide the content source so I can assist you with a summary.
4. Coinbase Global (Nasdaq: COIN)
Coinbase Global surged by 19.76%, with the trading volume of 13.26B. Sure, please provide the content source to proceed.
5. Apple (Nasdaq: AAPL)
Apple dipped mildly by -1.20%, with the trading volume of 9.25B. Apple's market share of phone activations has declined for two consecutive years. Apple's iOS 18.2 allows third-party location sharing. Apple has reduced iPhone prices, while domestic brands have increased theirs. Analysts are skeptical about Apple's long-term prospects.
6. Microsoft (Nasdaq: MSFT)
Microsoft dipped mildly by -1.07%, with the trading volume of 8.33B. Microsoft launched the "24H2" version of Windows 11. Azure AI drives Microsoft's growth, while users anticipate new Xbox features like Arabic support.
7. Palantir Technologies (NYSE: PLTR)
Palantir Technologies gained solidly by 3.22%, with the trading volume of 6.53B. Please provide the content source for me to summarize according to your requirements.
8. Amazon (Nasdaq: AMZN)
Amazon.Com dipped mildly by -0.64%, with the trading volume of 6.15B. Amazon is developing smart glasses for delivery drivers to optimize route navigation and reduce delivery times. Additionally, Amazon is under investigation by Indian authorities for potential violations of foreign investment laws. Meanwhile, Amazon is investing over $52 billion in nuclear energy to expand its data centers.
9. Meta Platforms (Nasdaq: META)
Meta Platforms dipped mildly by -1.05%, with the trading volume of 5.92B. Meta fined in South Korea for violating privacy laws; its metaverse ambitions struggle after burning $46.5 billion over five years and losing a hardware executive; focusing on open-source AI and AR glasses as future platforms.
10. Salesforce (NYSE: CRM)
Salesforce surged by 6.15%, with the trading volume of 4.68B. Jefferies maintains a buy rating on Salesforce with a target price of $400. Salesforce reported mid-2025 financial results on August 29, with revenue of $18.458 billion and net profit of $2.962 billion, reflecting a year-over-year increase.
Tesla surged by 8.96%, with the trading volume of 71.76B. XPeng Motors unveiled its new AI humanoid robot, Iron, equipped with self-developed chips for large model support. The robot is undergoing training at XPeng's Guangzhou factory and will focus on applications in factories and stores.
2. Nvidia (Nasdaq: NVDA)
Nvidia dipped mildly by -1.60%, with the trading volume of 26.24B. NVIDIA's latest mid-year report for fiscal 2025 reveals revenue of $56.084 billion and net profit of $31.480 billion. Melius Research and Morgan Stanley maintain buy and overweight ratings, targeting $185 and $160, respectively. Terry Smith criticizes NVIDIA's predicted profitability.
3. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated surged by 25.73%, with the trading volume of 14.90B. Please provide the content source so I can assist you with a summary.
4. Coinbase Global (Nasdaq: COIN)
Coinbase Global surged by 19.76%, with the trading volume of 13.26B. Sure, please provide the content source to proceed.
5. Apple (Nasdaq: AAPL)
Apple dipped mildly by -1.20%, with the trading volume of 9.25B. Apple's market share of phone activations has declined for two consecutive years. Apple's iOS 18.2 allows third-party location sharing. Apple has reduced iPhone prices, while domestic brands have increased theirs. Analysts are skeptical about Apple's long-term prospects.
6. Microsoft (Nasdaq: MSFT)
Microsoft dipped mildly by -1.07%, with the trading volume of 8.33B. Microsoft launched the "24H2" version of Windows 11. Azure AI drives Microsoft's growth, while users anticipate new Xbox features like Arabic support.
7. Palantir Technologies (NYSE: PLTR)
Palantir Technologies gained solidly by 3.22%, with the trading volume of 6.53B. Please provide the content source for me to summarize according to your requirements.
8. Amazon (Nasdaq: AMZN)
Amazon.Com dipped mildly by -0.64%, with the trading volume of 6.15B. Amazon is developing smart glasses for delivery drivers to optimize route navigation and reduce delivery times. Additionally, Amazon is under investigation by Indian authorities for potential violations of foreign investment laws. Meanwhile, Amazon is investing over $52 billion in nuclear energy to expand its data centers.
9. Meta Platforms (Nasdaq: META)
Meta Platforms dipped mildly by -1.05%, with the trading volume of 5.92B. Meta fined in South Korea for violating privacy laws; its metaverse ambitions struggle after burning $46.5 billion over five years and losing a hardware executive; focusing on open-source AI and AR glasses as future platforms.
10. Salesforce (NYSE: CRM)
Salesforce surged by 6.15%, with the trading volume of 4.68B. Jefferies maintains a buy rating on Salesforce with a target price of $400. Salesforce reported mid-2025 financial results on August 29, with revenue of $18.458 billion and net profit of $2.962 billion, reflecting a year-over-year increase.
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