Netflix and Nvidia Lead Trading Volume Surge with Major Gains
Market BriefWednesday, Jan 22, 2025 5:31 pm ET
2min read1. Nvidia (Nasdaq: NVDA)
Nvidia gained solidly by 4.43%, with the trading volume of 34.46B. NVIDIA confirmed that the power connector issue with its RTX 50 series has been resolved. The RTX 5090 graphics card is reportedly 28% more powerful than the RTX 4090. NVIDIA aims to collaborate with companies like OpenAI on AGI development.
2. Tesla (Nasdaq: TSLA)
Tesla dipped mildly by -2.11%, with the trading volume of 25.35B. Tesla plans mass production of new Model Y; launched limited edition accessories; Wedbush adjusted Tesla's target price to $550 driven by AI advances; Tesla released its Q3 2024 financials reporting revenue of $71.98 billion.
3. Apple (Nasdaq: AAPL)
Apple gained mildly by 0.54%, with the trading volume of 14.22B. Analysts downgraded Apple Inc. to "sell" with a 15% target price cut, while Barclays maintained its rating as "underweight" with a target of $183. Apple's Mac mini price dropped, and they released visionOS 2.3 RC update for Vision Pro users.
4. Netflix (Nasdaq: NFLX)
Netflix surged by 9.69%, with the trading volume of 13.71B. Netflix reported 2024 revenue of $390.01 billion, a 15.65% increase. Goldman Sachs maintains a neutral rating at $960, while Evercore ISI, JP Morgan, and BMO Capital offer higher targets. Q4 revenue exceeded expectations, boosting 2025 outlook.
5. Microsoft (Nasdaq: MSFT)
Microsoft gained solidly by 4.13%, with the trading volume of 12.29B. Microsoft is phasing out Windows Mail and Calendar apps, transitioning to new Outlook, and announced Pulse Cipher edition Xbox controller launching February 7 in China. Morgan Stanley rated Microsoft as "overweight" with a $540 target price. Microsoft allows OpenAI to use rival cloud services.
6. Amazon (Nasdaq: AMZN)
Amazon.Com gained mildly by 1.86%, with the trading volume of 9.67B. Cantor Fitzgerald and Needham reiterated Amazon's ratings with target prices of $270 and $250, respectively. Amazon reported Q3 2024 revenue of $4501.67 billion, up 11.2%. The company launches Amazon Nova and plans job cuts in North American retail.
7. Oracle (NYSE: ORCL)
Oracle surged by 6.73%, with the trading volume of 8.85B. Oracle is collaborating with OpenAI and SoftBank on a $500 billion AI infrastructure project named "Stargate," aiming to create 100,000 jobs. JMP Securities reaffirmed Oracle's "outperform" rating with a target price of $205.
8. Meta Platforms (Nasdaq: META)
Meta Platforms gained mildly by 1.14%, with the trading volume of 7.67B. Meta's Quest issues stem from a rare Android bug. Cantor Fitzgerald reiterated an "overweight" rating for Meta with a new price target of $720. Meta is investing heavily to enhance Instagram's creator appeal and is advancing smart glasses and wearable device development.
9. Broadcom (Nasdaq: AVGO)
Broadcom gained mildly by 0.25%, with the trading volume of 7.17B. On January 21, 2025, JPMorgan released its semiconductor industry report highlighting Broadcom's potential benefit from AI and data center demand, alongside a market recovery in non-AI sectors.
10. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated dropped solidly by -3.03%, with the trading volume of 6.02B. Microstrategy's trading volume on January 22, 2025, was $5.995 billion, representing a 41.14% decrease from the previous trading day.
Nvidia gained solidly by 4.43%, with the trading volume of 34.46B. NVIDIA confirmed that the power connector issue with its RTX 50 series has been resolved. The RTX 5090 graphics card is reportedly 28% more powerful than the RTX 4090. NVIDIA aims to collaborate with companies like OpenAI on AGI development.
2. Tesla (Nasdaq: TSLA)
Tesla dipped mildly by -2.11%, with the trading volume of 25.35B. Tesla plans mass production of new Model Y; launched limited edition accessories; Wedbush adjusted Tesla's target price to $550 driven by AI advances; Tesla released its Q3 2024 financials reporting revenue of $71.98 billion.
3. Apple (Nasdaq: AAPL)
Apple gained mildly by 0.54%, with the trading volume of 14.22B. Analysts downgraded Apple Inc. to "sell" with a 15% target price cut, while Barclays maintained its rating as "underweight" with a target of $183. Apple's Mac mini price dropped, and they released visionOS 2.3 RC update for Vision Pro users.
4. Netflix (Nasdaq: NFLX)
Netflix surged by 9.69%, with the trading volume of 13.71B. Netflix reported 2024 revenue of $390.01 billion, a 15.65% increase. Goldman Sachs maintains a neutral rating at $960, while Evercore ISI, JP Morgan, and BMO Capital offer higher targets. Q4 revenue exceeded expectations, boosting 2025 outlook.
5. Microsoft (Nasdaq: MSFT)
Microsoft gained solidly by 4.13%, with the trading volume of 12.29B. Microsoft is phasing out Windows Mail and Calendar apps, transitioning to new Outlook, and announced Pulse Cipher edition Xbox controller launching February 7 in China. Morgan Stanley rated Microsoft as "overweight" with a $540 target price. Microsoft allows OpenAI to use rival cloud services.
6. Amazon (Nasdaq: AMZN)
Amazon.Com gained mildly by 1.86%, with the trading volume of 9.67B. Cantor Fitzgerald and Needham reiterated Amazon's ratings with target prices of $270 and $250, respectively. Amazon reported Q3 2024 revenue of $4501.67 billion, up 11.2%. The company launches Amazon Nova and plans job cuts in North American retail.
7. Oracle (NYSE: ORCL)
Oracle surged by 6.73%, with the trading volume of 8.85B. Oracle is collaborating with OpenAI and SoftBank on a $500 billion AI infrastructure project named "Stargate," aiming to create 100,000 jobs. JMP Securities reaffirmed Oracle's "outperform" rating with a target price of $205.
8. Meta Platforms (Nasdaq: META)
Meta Platforms gained mildly by 1.14%, with the trading volume of 7.67B. Meta's Quest issues stem from a rare Android bug. Cantor Fitzgerald reiterated an "overweight" rating for Meta with a new price target of $720. Meta is investing heavily to enhance Instagram's creator appeal and is advancing smart glasses and wearable device development.
9. Broadcom (Nasdaq: AVGO)
Broadcom gained mildly by 0.25%, with the trading volume of 7.17B. On January 21, 2025, JPMorgan released its semiconductor industry report highlighting Broadcom's potential benefit from AI and data center demand, alongside a market recovery in non-AI sectors.
10. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated dropped solidly by -3.03%, with the trading volume of 6.02B. Microstrategy's trading volume on January 22, 2025, was $5.995 billion, representing a 41.14% decrease from the previous trading day.
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