Record-Breaking Nvidia Volume Surges Amid AI Boom: Industry Titans Watch Closely

1. Nvidia (Nasdaq: NVDA)
Nvidia gained solidly by 4.05%, with the trading volume of 37.38B. Nvidia forecasted AI to impact industries with $20 trillion potential. Analysts view it as the chip industry leader with growth potential. Cantor Fitzgerald and UBS have reiterated positive ratings, citing Nvidia's strong financials and technological advancements, including the energy-efficient Blackwell chip.

2. Tesla (Nasdaq: TSLA)
Tesla gained mildly by 1.52%, with the trading volume of 13.68B. Truist Securities reiterated a Hold rating on Tesla, maintaining a target price of $236.00. RBC Capital also maintained an Outperform rating, raising their price target to $236.00. Oppenheimer reiterated a Perform rating on Tesla.

3. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 1.26%, with the trading volume of 7.85B. Microsoft's Windows 11 22H2 will lose support on October 8, with eligible devices upgrading to 23H2. Truist Securities maintains a "buy" rating with a $600 target, while Oppenheimer downgrades to "market perform" due to high revenue and EPS expectations. Microsoft also patenting a new foldable phone hinge.

4. Apple (Nasdaq: AAPL)
Apple gained mildly by 1.84%, with the trading volume of 7.06B. Apple announced discontinuation of the iPhone 6, iPod nano, and shuffle, marking the end of an era; Apple's latest mobile products underperformed expectations, resulting in a downgraded stock rating.

5. Advanced Micro Devices (Nasdaq: AMD)
Advanced Micro Devices gained mildly by 1.07%, with the trading volume of 5.96B. Advanced Micro Devices launched EPYC Embedded 8004 processors using Zen 4c architecture, designed for intensive embedded systems. Additionally, the company released the Radeon PRO V710 graphics card based on RDNA 3 architecture. Cantor Fitzgerald reiterated an Overweight rating for AMD with a target price of $180.

6. Super Micromputer (Nasdaq: SMCI)
Super Micromputer dropped solidly by -5.01%, with the trading volume of 4.80B. Super Micro Computer deployed over 100,000 liquid-cooled GPUs and reported positive shipping data, driving an increase in its market activity. The company's recent quarter reflected significant GPU deployment, impacting NVIDIA's stock performance.

7. Amazon (Nasdaq: AMZN)
Amazon.Com gained mildly by 1.06%, with the trading volume of 4.76B. Amazon announced a strategic partnership with Oracle through AWS to launch new features for database management. A U.S. judge ruled that the FTC's antitrust lawsuit against Amazon will proceed, rejecting certain state-level claims but keeping the core allegations intact.

8. Meta Platforms (Nasdaq: META)
Meta Platforms gained mildly by 1.39%, with the trading volume of 4.49B. Meta will release its Q3 2024 financial report on October 30. The company introduced an AI video generator, Movie Gen, enhancing media creation possibilities. The EU court limited Facebook data usage for ads. Guggenheim and Cantor Fitzgerald maintained positive ratings on Meta.

9. Alibaba Group Holding Limited (NYSE: BABA)
Alibaba Group Holding Limited plunged by -6.63%, with the trading volume of 4.08B. Alibaba and JD.com have been highlighted as top picks in China's internet sector by BOC International. The report mentions a government meeting supporting a consumer goods exchange program with 3,000 billion in ultra-long-term bonds.

10. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated gained solidly by 3.28%, with the trading volume of 4.03B. Microstrategy reported a trading volume of $4.028 billion on October 8, 2024, ranking as the tenth highest in the U.S. stock market that day.