Nvidia Leads the Charge with High Volume as AI Demand Surges!

1. Nvidia (Nasdaq: NVDA)
Nvidia gained mildly by 2.14%, with the trading volume of 30.22B. Morgan Stanley raised NVIDIA's target price from $170 to $200 amid strong AI demand. Oriental Harbor Investment Fund has reduced its NVIDIA holdings. NVIDIA executive joins billionaire ranks. Jensen Huang emphasizes China's uniqueness as a market.

2. Tesla (Nasdaq: TSLA)
Tesla dipped mildly by -0.67%, with the trading volume of 26.56B. Tesla launches dynamic pricing for Robotaxi in Austin, introduces smaller, cheaper pickup truck, halts custom orders for Model S/X in Europe. Tesla signs $4.3 billion battery supply deal with LG Energy.

3. Meta Platforms (Nasdaq: META)
Meta Platforms dipped mildly by -0.68%, with the trading volume of 17.34B. Meta Platforms reported Q2 net income of $18.337 billion, up 36%, with revenue at $47.52 billion, exceeding forecasts. The company projects Q3 revenue of $47.5-$50.5 billion, supporting aggressive AI investments, and announced progress in superintelligence development.

4. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 0.13%, with the trading volume of 12.76B. Microsoft reported a Q4 net income of $27.2 billion, a 24% year-on-year increase. Revenue for the quarter was $76.44 billion, with Intelligent Cloud revenue at $29.88 billion. Microsoft anticipates over $30 billion in capital expenditures for the upcoming quarter.

5. Advanced Micro Devices (Nasdaq: AMD)
Advanced Micro Devices gained mildly by 1.17%, with the trading volume of 11.29B. AMD has been experiencing increased demand driven by artificial intelligence, leading to price hikes for its MI350 GPUs, which are still more affordable than Nvidia's offerings. Analysts from Bank of America and Morgan Stanley have raised AMD's price targets, citing growth potential in the AI sector.

6. Apple (Nasdaq: AAPL)
Apple dipped mildly by -1.05%, with the trading volume of 9.12B. Apple's internal AI research has faced setbacks; analysts suggest acquiring Perplexity to advance its AI capabilities, while Wedbush forecasts strong Q4 performance with iPhone sales rebound in China being a key focus. Additionally, four Apple AI team members have joined Meta.

7. Palo Alto Networks (Nasdaq: PANW)
Palo Alto Networks dropped solidly by -5.58%, with the trading volume of 7.66B. Palo Alto Networks has agreed to acquire CyberArk Software for approximately $25 billion in cash and stock, enhancing its foothold in the identity security market.

8. Amazon (Nasdaq: AMZN)
Amazon.Com dipped mildly by -0.35%, with the trading volume of 7.32B. Amazon increases post-market by 3.3% following reports of strong earnings from Microsoft and Meta. Amazon pays The New York Times $25 million for AI agreement and Wedbush raises Amazon's target price from $235 to $250.

9. Alphabet (Nasdaq: GOOGL)
Alphabet gained mildly by 0.40%, with the trading volume of 6.31B. Alphabet plans to invest $60 billion in a data center in southern India, launches age verification in the US, signs EU AI guidelines, and prepares tax benefits under the US Republican 2025 budget.

10. Palantir Technologies (NYSE: PLTR)
Palantir Technologies gained mildly by 1.52%, with the trading volume of 6.30B. Palantir Technologies had a trading turnover of $63.02 billion on July 30, ranking it 10th among U.S. stocks for that day.