Stellar Trading Surge: Nvidia and Super Micro Computer Lead the Pack!
Tuesday, Nov 19, 2024 5:31 pm ET
2min read 1. Nvidia (Nasdaq: NVDA)
Nvidia gained solidly by 4.89%, with the trading volume of 32.42B. NVIDIA unveils Omniverse Blueprint for digital twin solutions in manufacturing, collaborates with Google for quantum computing, and anticipates EU's decision on its Run:ai acquisition. The company plans increased dividends and buybacks with its $35 billion cash reserve amid AI success.
2. Tesla (Nasdaq: TSLA)
Tesla gained mildly by 2.14%, with the trading volume of 30.18B. Elon Musk hinted that Tesla is developing a new, larger vehicle model to accommodate bigger families, expanding its lineup beyond the Model X. Also, Tesla's $40 robot toy sold out quickly, with resale prices reaching $1,300.
3. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated surged by 11.89%, with the trading volume of 21.07B. Microstrategy disclosed an insider transaction on November 19, where executive Montgomery Jeanine sold 46 shares. Benchmark maintained a "Buy" rating with a target price of $450. The company reported Q3 2024 revenue of $343 million and invested approximately $4.6 billion in Bitcoin.
4. Apple (Nasdaq: AAPL)
Apple gained mildly by 0.11%, with the trading volume of 8.00B. Apple reportedly enhances the iPhone 17 with a significantly improved A19 chip and design overhaul. Starting December 18, iOS 10 and earlier will lose Safari bookmark sync support. Apple's App Store ecosystem in China has doubled since 2019, benefiting numerous developers.
5. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 0.49%, with the trading volume of 7.22B. Microsoft announced new AI tools for cloud applications, enhancements for local AI model processing in Microsoft 365 Copilot, the launch of a "Windows Resilience Program," integration between Windows 11 and Meta Quest, a major hacker conference offering rewards, and a partnership with NASA for Earth Copilot.
6. Super Micromputer (Nasdaq: SMCI)
Super Micromputer surged by 31.24%, with the trading volume of 6.52B. Super Micro Computer announced hiring BDO USA as its independent auditor and submitted a compliance plan to Nasdaq, following Ernst & Young's resignation due to transparency concerns. This move aims to extend its Nasdaq listing, with a submission deadline looming.
7. Amazon (Nasdaq: AMZN)
Amazon.Com gained mildly by 1.44%, with the trading volume of 6.28B. Amazon officially launched its "Amazon Overseas Official Flagship Store" on JD.com, and will offer a promotional period with no minimum purchase for free shipping. Additionally, Amazon is reportedly discussing partnerships with companies like Uber and Ticketmaster to upgrade Alexa.
8. Meta Platforms (Nasdaq: META)
Meta Platforms gained mildly by 1.21%, with the trading volume of 5.08B. India's competition commission fined Meta Platforms $25.4 million, citing WhatsApp's 2021 privacy policy as a violation of antitrust laws. Meta plans to appeal the decision, which restricts data sharing across its apps.
9. Palantir Technologies (NYSE: PLTR)
Palantir Technologies gained mildly by 2.79%, with the trading volume of 4.61B. Palantir's trading volume on November 19 was $4.513 billion. The company's recent focus on AI applications has contributed to significant growth, with its yearly increase in share price exceeding 283%, driven by advancements in AI technology.
10. Coinbase Global (Nasdaq: COIN)
Coinbase Global dipped mildly by -0.26%, with the trading volume of 4.30B. Coinbase Global disclosed insider selling activity and maintains a "buy" rating from Needham with a target price of $375. The company reported revenue of $42.92 billion for the third quarter ending September 30, 2024.
Nvidia gained solidly by 4.89%, with the trading volume of 32.42B. NVIDIA unveils Omniverse Blueprint for digital twin solutions in manufacturing, collaborates with Google for quantum computing, and anticipates EU's decision on its Run:ai acquisition. The company plans increased dividends and buybacks with its $35 billion cash reserve amid AI success.
2. Tesla (Nasdaq: TSLA)
Tesla gained mildly by 2.14%, with the trading volume of 30.18B. Elon Musk hinted that Tesla is developing a new, larger vehicle model to accommodate bigger families, expanding its lineup beyond the Model X. Also, Tesla's $40 robot toy sold out quickly, with resale prices reaching $1,300.
3. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated surged by 11.89%, with the trading volume of 21.07B. Microstrategy disclosed an insider transaction on November 19, where executive Montgomery Jeanine sold 46 shares. Benchmark maintained a "Buy" rating with a target price of $450. The company reported Q3 2024 revenue of $343 million and invested approximately $4.6 billion in Bitcoin.
4. Apple (Nasdaq: AAPL)
Apple gained mildly by 0.11%, with the trading volume of 8.00B. Apple reportedly enhances the iPhone 17 with a significantly improved A19 chip and design overhaul. Starting December 18, iOS 10 and earlier will lose Safari bookmark sync support. Apple's App Store ecosystem in China has doubled since 2019, benefiting numerous developers.
5. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 0.49%, with the trading volume of 7.22B. Microsoft announced new AI tools for cloud applications, enhancements for local AI model processing in Microsoft 365 Copilot, the launch of a "Windows Resilience Program," integration between Windows 11 and Meta Quest, a major hacker conference offering rewards, and a partnership with NASA for Earth Copilot.
6. Super Micromputer (Nasdaq: SMCI)
Super Micromputer surged by 31.24%, with the trading volume of 6.52B. Super Micro Computer announced hiring BDO USA as its independent auditor and submitted a compliance plan to Nasdaq, following Ernst & Young's resignation due to transparency concerns. This move aims to extend its Nasdaq listing, with a submission deadline looming.
7. Amazon (Nasdaq: AMZN)
Amazon.Com gained mildly by 1.44%, with the trading volume of 6.28B. Amazon officially launched its "Amazon Overseas Official Flagship Store" on JD.com, and will offer a promotional period with no minimum purchase for free shipping. Additionally, Amazon is reportedly discussing partnerships with companies like Uber and Ticketmaster to upgrade Alexa.
8. Meta Platforms (Nasdaq: META)
Meta Platforms gained mildly by 1.21%, with the trading volume of 5.08B. India's competition commission fined Meta Platforms $25.4 million, citing WhatsApp's 2021 privacy policy as a violation of antitrust laws. Meta plans to appeal the decision, which restricts data sharing across its apps.
9. Palantir Technologies (NYSE: PLTR)
Palantir Technologies gained mildly by 2.79%, with the trading volume of 4.61B. Palantir's trading volume on November 19 was $4.513 billion. The company's recent focus on AI applications has contributed to significant growth, with its yearly increase in share price exceeding 283%, driven by advancements in AI technology.
10. Coinbase Global (Nasdaq: COIN)
Coinbase Global dipped mildly by -0.26%, with the trading volume of 4.30B. Coinbase Global disclosed insider selling activity and maintains a "buy" rating from Needham with a target price of $375. The company reported revenue of $42.92 billion for the third quarter ending September 30, 2024.
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