Nvidias AI Leap: Massive Trading Volume and Strategic Investments Propel Growth
AInvestWednesday, Dec 4, 2024 11:23 pm ET
2min read
NVDA --
1. Nvidia (Nasdaq: NVDA)
Nvidia gained solidly by 3.48%, with the trading volume of 32.95B. NVIDIA's AI pharmaceutical investments aim to tackle lupus. Elon Musk's xAI orders $10.8 billion of NVIDIA GB200 AI servers with priority delivery beginning January 2025. The EU investigates antitrust issues in NVIDIA's $700 million Run:ai acquisition.

2. Tesla (Nasdaq: TSLA)
Tesla gained mildly by 1.85%, with the trading volume of 17.36B. Tesla executives visited Wuxi for an inspection. Tesla Supercharger network to integrate Nissan electric vehicles. Tesla's Cybertruck has no current plans for sale in China. On December 4, 2024, Tesla disclosed 16 insider transactions. Tesla's domestic car sales fell 4.3% in November.

3. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated surged by 8.72%, with the trading volume of 11.33B. Microstrategy reported a trade volume of $115.27 billion on December 4, 2024.

4. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 1.44%, with the trading volume of 11.29B. Microsoft admitted an incompatibility with Recall AI in the Windows 11 update from November. A Forrester evaluation ranks Alibaba Cloud as the second in global public cloud capabilities and strategic ability, ahead of Google Cloud and Microsoft Azure, but behind Amazon AWS.

5. Amazon (Nasdaq: AMZN)
Amazon.Com gained mildly by 2.21%, with the trading volume of 10.60B. Amazon launched Amazon Trainium3, a third-generation AI training chip, doubling performance with 40% improved efficiency. Meanwhile, Amazon faces a lawsuit for allegedly altering Prime delivery methods, impacting speed and costing 48,000 residents millions in extra fees.

6. Apple (Nasdaq: AAPL)
Apple gained mildly by 0.15%, with the trading volume of 10.21B. Apple has been integrating Apple Intelligence for seven years but faces obstacles with Baidu AI model integration for Chinese users, potentially delaying its launch. Apple is also planning three product launches in 2025, including at least five new iPhone models.

7. Salesforce (NYSE: CRM)
Salesforce surged by 10.99%, with the trading volume of 8.90B. Salesforce's Q3 FY2025 revenue reached $94.4 billion, exceeding expectations. The company's FY2025 Q3 report reveals a 9.12% increase in revenue to $279.02 billion, and net profit growth of 66.88% year-over-year. Salesforce's AI and CRM software developments are positively impacting performance.

8. Meta Platforms (Nasdaq: META)
Meta Platforms gained mildly by 0.02%, with the trading volume of 8.01B. Meta plans a $10 billion investment in Louisiana to build its largest AI data center, seeks to contribute positively to Trump's technology policies, introduces AI video editing features, and aims for 1-4 GW nuclear energy capacity in the US for AI and sustainability goals.

9. Marvell Technology (Nasdaq: MRVL)
Marvell Technology surged by 23.19%, with the trading volume of 6.90B. Marvell Technology reported strong Q3 results with revenue reaching $15.2 billion, exceeding expectations, driven by data center and AI growth. Analysts praise its AI strategy, with several maintaining positive ratings and setting target prices of up to $127. Marvell's collaboration with Amazon AWS strengthens its position.

10. Palantir Technologies (NYSE: PLTR)
Palantir Technologies dipped mildly by -1.56%, with the trading volume of 5.96B. Palantir Technologies disclosed insider transactions with Director Moore Alexander D. selling 17,400 shares on December 2, 2024, and Executive Sankar Shyam selling 5.25 million shares on December 3, 2024. Additionally, Palantir gained FedRAMP High Authorization for its cloud services.
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