MicroStrategy Surges Amid High Volume as Nvidia and Tesla Dip
Wednesday, Nov 27, 2024 5:31 pm ET
2min read 1. Nvidia (Nasdaq: NVDA)
Nvidia dipped mildly by -1.15%, with the trading volume of 30.06B. NVIDIA is predicted to leverage AI in sectors such as healthcare and manufacturing, driving significant advancements. However, the company also faced criticism regarding the value of its RTX 40 series graphics cards and experienced a stock decline alongside a semiconductor index drop.
2. Tesla (Nasdaq: TSLA)
Tesla dipped mildly by -1.58%, with the trading volume of 19.08B. Pony.ai has set its IPO price at $13 per ADS and is listed on Nasdaq, becoming the first Robotaxi stock globally. Tesla's new model was revealed at its California factory.
3. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated surged by 9.94%, with the trading volume of 13.39B. Microstrategy disclosed five insider transactions on November 25, 2024. Director Graham Stephen X purchased 20,000 shares on November 21, 2024.
4. Apple (Nasdaq: AAPL)
Apple dipped mildly by -0.06%, with the trading volume of 7.86B. Apple collaborates with key suppliers in China and joins the China International Supply Chain Expo. Mercedes-Benz's app, now available on Apple Watch, allows car control without a smartphone. Apple's smartphone market recovery lags as global shipments are set to rise 6.2% in 2024.
5. Microsoft (Nasdaq: MSFT)
Microsoft dipped mildly by -1.17%, with the trading volume of 7.67B. U.S. antitrust regulators investigate Microsoft focusing on software licensing, cybersecurity, and AI; Microsoft ensures 365 customer data will not train language models. Microsoft granted a patent for distributed VR technology.
6. Amazon (Nasdaq: AMZN)
Amazon.Com dipped mildly by -1.02%, with the trading volume of 5.59B. The Japan Fair Trade Commission is investigating Amazon's Japanese subsidiary over pricing practices on its Marketplace. Amazon is also ramping up its chip development efforts to challenge NVIDIA's AI chip dominance. Additionally, Amazon and Philips are expanding their strategic partnership to enhance HealthSuite cloud services.
7. Dell Technologies (NYSE: DELL)
Dell Technologies plunged by -12.18%, with the trading volume of 4.69B. Dell Technologies reported Q3 FY2025 revenue of $243.66 billion with net profit up 12%. Citigroup maintained a buy rating with a target price of $156.00, while Barclays set a hold rating at $115.00. AI server orders reached $3.6 billion amidst weak PC sales.
8. Advanced Micro Devices (Nasdaq: AMD)
Advanced Micro Devices dipped mildly by -1.07%, with the trading volume of 4.06B. AMD acquires a glass substrate patent while Intel and Samsung also pursue this technology. Additionally, AMD has launched ROCm 6.3, integrating SGLang to enhance AI inference and introducing a new Fortran compiler. AMD and MSI hosted a gaming hardware event in Shanghai.
9. Coinbase Global (Nasdaq: COIN)
Coinbase Global surged by 6.03%, with the trading volume of 4.06B. Coinbase Global disclosed 34 insider transactions on November 27, including a sale of 15,900 shares by executive Brock Lawrence J. on November 26, and a sale of 1,837 shares by executive Jones Jennifer N. on November 22. Oppenheimer maintains an "Outperform" rating.
10. Meta Platforms (Nasdaq: META)
Meta Platforms dipped mildly by -0.76%, with the trading volume of 3.99B. Meta collaborates with MOONHUB on XR training solutions, reports 35 million new Threads users in November. OpenAI and Meta will train AI models using African languages, addressing dialect shortages. Meta faces an FTC antitrust trial in April 2025 regarding Instagram and WhatsApp acquisitions.
Nvidia dipped mildly by -1.15%, with the trading volume of 30.06B. NVIDIA is predicted to leverage AI in sectors such as healthcare and manufacturing, driving significant advancements. However, the company also faced criticism regarding the value of its RTX 40 series graphics cards and experienced a stock decline alongside a semiconductor index drop.
2. Tesla (Nasdaq: TSLA)
Tesla dipped mildly by -1.58%, with the trading volume of 19.08B. Pony.ai has set its IPO price at $13 per ADS and is listed on Nasdaq, becoming the first Robotaxi stock globally. Tesla's new model was revealed at its California factory.
3. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated surged by 9.94%, with the trading volume of 13.39B. Microstrategy disclosed five insider transactions on November 25, 2024. Director Graham Stephen X purchased 20,000 shares on November 21, 2024.
4. Apple (Nasdaq: AAPL)
Apple dipped mildly by -0.06%, with the trading volume of 7.86B. Apple collaborates with key suppliers in China and joins the China International Supply Chain Expo. Mercedes-Benz's app, now available on Apple Watch, allows car control without a smartphone. Apple's smartphone market recovery lags as global shipments are set to rise 6.2% in 2024.
5. Microsoft (Nasdaq: MSFT)
Microsoft dipped mildly by -1.17%, with the trading volume of 7.67B. U.S. antitrust regulators investigate Microsoft focusing on software licensing, cybersecurity, and AI; Microsoft ensures 365 customer data will not train language models. Microsoft granted a patent for distributed VR technology.
6. Amazon (Nasdaq: AMZN)
Amazon.Com dipped mildly by -1.02%, with the trading volume of 5.59B. The Japan Fair Trade Commission is investigating Amazon's Japanese subsidiary over pricing practices on its Marketplace. Amazon is also ramping up its chip development efforts to challenge NVIDIA's AI chip dominance. Additionally, Amazon and Philips are expanding their strategic partnership to enhance HealthSuite cloud services.
7. Dell Technologies (NYSE: DELL)
Dell Technologies plunged by -12.18%, with the trading volume of 4.69B. Dell Technologies reported Q3 FY2025 revenue of $243.66 billion with net profit up 12%. Citigroup maintained a buy rating with a target price of $156.00, while Barclays set a hold rating at $115.00. AI server orders reached $3.6 billion amidst weak PC sales.
8. Advanced Micro Devices (Nasdaq: AMD)
Advanced Micro Devices dipped mildly by -1.07%, with the trading volume of 4.06B. AMD acquires a glass substrate patent while Intel and Samsung also pursue this technology. Additionally, AMD has launched ROCm 6.3, integrating SGLang to enhance AI inference and introducing a new Fortran compiler. AMD and MSI hosted a gaming hardware event in Shanghai.
9. Coinbase Global (Nasdaq: COIN)
Coinbase Global surged by 6.03%, with the trading volume of 4.06B. Coinbase Global disclosed 34 insider transactions on November 27, including a sale of 15,900 shares by executive Brock Lawrence J. on November 26, and a sale of 1,837 shares by executive Jones Jennifer N. on November 22. Oppenheimer maintains an "Outperform" rating.
10. Meta Platforms (Nasdaq: META)
Meta Platforms dipped mildly by -0.76%, with the trading volume of 3.99B. Meta collaborates with MOONHUB on XR training solutions, reports 35 million new Threads users in November. OpenAI and Meta will train AI models using African languages, addressing dialect shortages. Meta faces an FTC antitrust trial in April 2025 regarding Instagram and WhatsApp acquisitions.
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