Tech Giants See Mixed Fortunes: Uber Rides High, While AI Innovations Drive Nvidia Amid Market Volatility

Generated by AI AgentAinvest Market Brief
Friday, Feb 7, 2025 5:31 pm ET2min read
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1. Nvidia (Nasdaq: NVDA)
Nvidia gained mildly by 0.90%, with the trading volume of 29.27B. NVIDIA launched AI features for Broadcast, requiring RTX 4080 or stronger GPUs, and released new RTX 50 series GPUs with high demand causing production challenges.

2. Tesla (Nasdaq: TSLA)
Tesla dropped solidly by -3.39%, with the trading volume of 25.39B. Tesla's electric vehicle sales in Germany decreased by 1,875 units as its market share fell to 4%. The company was involved in a recall of over 353 million cars across 12 manufacturers due to software and component issues.

3. Amazon (Nasdaq: AMZN)
Amazon.Com dropped solidly by -4.05%, with the trading volume of 17.82B. DeepSeek, a notable AI product following ChatGPT, reached 22.15 million DAUs within 20 days of launch. Its impact boosted the cloud computing sector significantly. Amazon removed "inclusion and diversity" from its annual report after slowing its DEI efforts.

4. Palantir Technologies (NYSE: PLTR)
Palantir Technologies dipped mildly by -0.39%, with the trading volume of 16.23B. Palantir disclosed six insider transactions on February 6, 2025. Notable sales included 11,800 shares by Director Stat Lauren Elaina Friedman on February 4 and 5,144 shares by Director Moore Alexander D. on February 3.

5. Meta Platforms (Nasdaq: META)
Meta Platforms gained mildly by 0.35%, with the trading volume of 11.76B. Meta Platforms will inform employees affected by layoffs next Monday. Additionally, Meta has responded to declining Quest developer revenue by fostering an ecosystem for diverse business model success. Legal challenges emerge over Meta's AI training data involving 81.7 TB.

6. Microsoft (Nasdaq: MSFT)
Microsoft dipped mildly by -1.46%, with the trading volume of 9.37B. DeepSeek, a new AI phenomenon, saw its daily active users surpass 22.15 million within 20 days of launch. The excitement around DeepSeek has fueled a surge in cloud computing stocks, including those of UCloud, Paratera, and Kingsoft Cloud.

7. Alphabet (Nasdaq: GOOGL)
Alphabet dropped solidly by -3.27%, with the trading volume of 9.13B. Google is launching the Pixel 9a globally, testing AI-enhanced search capabilities, and has introduced SynthID watermark technology in its Magic Editor to identify AI-generated content, addressing misinformation risks. Additionally, it is accelerating product updates in response to competitive AI developments.

8. Apple (Nasdaq: AAPL)
Apple dipped mildly by -2.40%, with the trading volume of 9.07B. Apple plans to release the redesigned iPhone SE4 similar to the iPhone 14, featuring an OLED display and gesture controls. Meanwhile, sales in China dropped by 11.1%, and Mac App Store discontinued support for macOS 10.14. Leica launched a $389 iPhone imaging kit.

9. Uber Technologies (NYSE: UBER)
Uber Technologies surged by 6.59%, with the trading volume of 6.09B. Uber announced 2024 revenue of $439.78 billion, up 17.96% year-over-year, with a net profit of $98.45 billion. Pershing Square holds 30.3 million Uber shares. RBC Capital, Evercore ISI, Citigroup, Piper Sandler, and Needham rate Uber as outperform or buy, with target prices ranging from $80 to $115.

10. Alphabet (Nasdaq: GOOG)
Alphabet dropped solidly by -3.19%, with the trading volume of 5.52B. Google plans to globally release the Pixel 9a featuring native Android experience and has priced it at around 4300 yuan. Furthermore, Google is implementing SynthID watermark technology in its Magic Editor tool to identify and combat the risk of AI-generated content misinformation.

Market Watch column provides a thorough analysis of stock market fluctuations and expert ratings.

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