Nvidia Leads Massive Trading Volumes Amid Tallied Market Moves
Tuesday, Sep 3, 2024 6:31 pm ET
2min read 1. Nvidia (Nasdaq: NVDA)
Nvidia plunged by -9.53%, with the trading volume of 51.83B. NVIDIA confirmed receiving a subpoena from the US Department of Justice amid an antitrust investigation, asserting customers can choose the best solutions. The company recently hosted the 2024 NVIDIA Startup Showcase in Hangzhou, focusing on generative AI, AR hardware, and data intelligence.
2. Tesla (Nasdaq: TSLA)
Tesla dipped mildly by -1.64%, with the trading volume of 16.34B. Tesla will debut its new Robotaxi at Warner Bros. Studio in California on October 10. Cantor Fitzgerald reiterated its Neutral rating with a $245 target price. Tesla reported Q2 2024 revenue of $46.8 billion, down 3.02% year-over-year.
3. Apple (Nasdaq: AAPL)
Apple dipped mildly by -2.72%, with the trading volume of 11.11B. Apple will hold its latest product launch on September 10, featuring an AI-powered iPhone, with AI capabilities available via a software update in October. Concerns about iPhone compatibility with WeChat have been addressed by both parties. Apple also revealed a new patent for a glass keyboard for MacBook.
4. Microsoft (Nasdaq: MSFT)
Microsoft dipped mildly by -1.85%, with the trading volume of 8.32B. Microsoft is developing two new Transformers games for release this year. Additionally, Steam's August report shows Windows 11 surpassing 50% user share. Microsoft acknowledged the default app choice importance for Windows 11/10 and is addressing a bug related to uninstalling the Recall AI feature.
5. Amazon (Nasdaq: AMZN)
Amazon.Com dipped mildly by -1.26%, with the trading volume of 6.61B. Amazon.com's trading volume reached $6.661 billion on September 3, ranking fifth among U.S. stocks. JMP Securities maintained its Market Outperform rating with a new target price of $265. Amazon recruits Covariant's founders to enhance warehouse automation.
6. Meta Platforms (Nasdaq: META)
Meta Platforms dipped mildly by -1.83%, with the trading volume of 6.22B. Meta's Quest 3S VR headset, expected to be unveiled at the Connect conference by month-end, has received FCC certification and will feature Rubby controllers and Wi-Fi 6E support. Meta reportedly halted its in-house AR/VR chip project, laying off the team.
7. Alphabet (Nasdaq: GOOGL)
Alphabet dropped solidly by -3.69%, with the trading volume of 6.18B. Google announced new Chromebooks with enhanced AI features. High-ranking executive Amie Thuener O'Toole sold 682 shares on September 3, 2024, and Morgan Stanley maintained its "Overweight" rating on Alphabet A, lowering the price target to $190. Google is also introducing Gemini into school accounts soon.
8. Advanced Micro Devices (Nasdaq: AMD)
Advanced Micro Devices plunged by -7.82%, with the trading volume of 5.84B. Advanced Micro Devices fully integrates AI solutions from consumer to business sectors, providing innovative chip solutions for the industry.
9. Broadcom (Nasdaq: AVGO)
Broadcom plunged by -6.16%, with the trading volume of 5.71B. Broadcom to report its Q3 fiscal 2024 financial results on September 5, with expected revenue of $13.04 billion, driven by AI business and OpenAI partnership.
10. Super Micromputer (Nasdaq: SMCI)
Super Micromputer gained mildly by 0.93%, with the trading volume of 4.33B. Advanced Micro Devices reported a trading volume worth 4.335 billion USD on September 3, 2024.
Nvidia plunged by -9.53%, with the trading volume of 51.83B. NVIDIA confirmed receiving a subpoena from the US Department of Justice amid an antitrust investigation, asserting customers can choose the best solutions. The company recently hosted the 2024 NVIDIA Startup Showcase in Hangzhou, focusing on generative AI, AR hardware, and data intelligence.
2. Tesla (Nasdaq: TSLA)
Tesla dipped mildly by -1.64%, with the trading volume of 16.34B. Tesla will debut its new Robotaxi at Warner Bros. Studio in California on October 10. Cantor Fitzgerald reiterated its Neutral rating with a $245 target price. Tesla reported Q2 2024 revenue of $46.8 billion, down 3.02% year-over-year.
3. Apple (Nasdaq: AAPL)
Apple dipped mildly by -2.72%, with the trading volume of 11.11B. Apple will hold its latest product launch on September 10, featuring an AI-powered iPhone, with AI capabilities available via a software update in October. Concerns about iPhone compatibility with WeChat have been addressed by both parties. Apple also revealed a new patent for a glass keyboard for MacBook.
4. Microsoft (Nasdaq: MSFT)
Microsoft dipped mildly by -1.85%, with the trading volume of 8.32B. Microsoft is developing two new Transformers games for release this year. Additionally, Steam's August report shows Windows 11 surpassing 50% user share. Microsoft acknowledged the default app choice importance for Windows 11/10 and is addressing a bug related to uninstalling the Recall AI feature.
5. Amazon (Nasdaq: AMZN)
Amazon.Com dipped mildly by -1.26%, with the trading volume of 6.61B. Amazon.com's trading volume reached $6.661 billion on September 3, ranking fifth among U.S. stocks. JMP Securities maintained its Market Outperform rating with a new target price of $265. Amazon recruits Covariant's founders to enhance warehouse automation.
6. Meta Platforms (Nasdaq: META)
Meta Platforms dipped mildly by -1.83%, with the trading volume of 6.22B. Meta's Quest 3S VR headset, expected to be unveiled at the Connect conference by month-end, has received FCC certification and will feature Rubby controllers and Wi-Fi 6E support. Meta reportedly halted its in-house AR/VR chip project, laying off the team.
7. Alphabet (Nasdaq: GOOGL)
Alphabet dropped solidly by -3.69%, with the trading volume of 6.18B. Google announced new Chromebooks with enhanced AI features. High-ranking executive Amie Thuener O'Toole sold 682 shares on September 3, 2024, and Morgan Stanley maintained its "Overweight" rating on Alphabet A, lowering the price target to $190. Google is also introducing Gemini into school accounts soon.
8. Advanced Micro Devices (Nasdaq: AMD)
Advanced Micro Devices plunged by -7.82%, with the trading volume of 5.84B. Advanced Micro Devices fully integrates AI solutions from consumer to business sectors, providing innovative chip solutions for the industry.
9. Broadcom (Nasdaq: AVGO)
Broadcom plunged by -6.16%, with the trading volume of 5.71B. Broadcom to report its Q3 fiscal 2024 financial results on September 5, with expected revenue of $13.04 billion, driven by AI business and OpenAI partnership.
10. Super Micromputer (Nasdaq: SMCI)
Super Micromputer gained mildly by 0.93%, with the trading volume of 4.33B. Advanced Micro Devices reported a trading volume worth 4.335 billion USD on September 3, 2024.
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