Meta Shines Bright with Top Trading Volume as Nvidia Faces Cybersecurity Scrutiny

1. Nvidia (Nasdaq: NVDA)
Nvidia dipped mildly by -0.78%, with the trading volume of 39.43B. NVIDIA faced an inquiry by China's cybersecurity administration over security risks with its H20 computing chips. NVIDIA denied the existence of chip "backdoors" and announced it will stop updating legacy GPU drivers, with support extending until 2028.

2. Meta Platforms (Nasdaq: META)
Meta Platforms surged by 11.25%, with the trading volume of 30.08B. Meta Platforms reports strong Q2 earnings and future guidance, showcasing rapid growth in advertising. CEO Mark Zuckerberg emphasizes AI glasses as essential for future interactions; Meta's metaverse unit saw a 5% increase in revenue driven by AI glasses.

3. Microsoft (Nasdaq: MSFT)
Microsoft gained solidly by 3.95%, with the trading volume of 27.65B. Microsoft's strong Q4 results, driven by its cloud business, saw net profit rise 24% and revenue reach $764.4 billion, pushing its market cap past $4 trillion, making it the second company to reach this valuation after Nvidia.

4. Tesla (Nasdaq: TSLA)
Tesla dropped solidly by -3.38%, with the trading volume of 26.45B. Elon Musk clarified he hasn't used personal loans in Tesla stock. Tesla's AI6 chips, developed with Samsung, will focus on Optimus robots and Dojo supercomputers, not cars. Tesla's Robotaxi service transitioned from fixed pricing to variable pricing, and expanded human-driven services in California's Bay Area.

5. Amazon (Nasdaq: AMZN)
Amazon.Com gained mildly by 1.70%, with the trading volume of 22.39B. Amazon Q2 revenue reached $167.7 billion, surpassing market expectations, with net profit increasing 34.7% to $181.6 billion. Amazon halted ads on Google's e-commerce platform, Google Shopping.

6. Apple (Nasdaq: AAPL)
Apple dipped mildly by -0.71%, with the trading volume of 15.18B. Apple's Q3 financial results show net profit of $234.3 billion, up 9%, with iPhone revenue rising 13% and service revenue 13%. The board announced a cash dividend of $0.26 per share. Apple shut down its Dalian store in China, a first for storefront closure there.

7. Advanced Micro Devices (Nasdaq: AMD)
Advanced Micro Devices dipped mildly by -1.78%, with the trading volume of 12.70B. AMD is planning to introduce a standalone NPU for enhanced AI capabilities in PCs, boasting performance leadership across multiple processor domains and claiming dominance in CPU applications worldwide. New Ryzen processors continue to integrate advanced Zen architectures with improved efficiency.

8. Alphabet (Nasdaq: GOOGL)
Alphabet dipped mildly by -2.36%, with the trading volume of 9.83B. Google launches AI model AlphaEarth Foundations for earth observation and signs EU's AI code of practice. Google tests US machine learning technology for age identification to protect minors.

9. Broadcom (Nasdaq: AVGO)
Broadcom dipped mildly by -2.95%, with the trading volume of 7.53B. Morgan Stanley raised Broadcom's price target from $270 to $338, highlighting strong AI demand expansion across the supply chain.

10. Unitedhealth Group Incorporated (NYSE: UNH)
Unitedhealth Group Incorporated plunged by -6.19%, with the trading volume of 7.43B. UnitedHealth Group's earnings report reveals disappointing results, marking a significant setback with multiple challenges and reaching a five-year low. Additionally, Deutsche Bank has lowered UnitedHealth Group's target price to $275.