Tech Giants Surge: Nvidia, Microstrategy Lead with High Trading Volumes and Innovations
Tuesday, Nov 19, 2024 11:23 pm ET
2min read 1. Nvidia (Nasdaq: NVDA)
Nvidia gained solidly by 4.89%, with the trading volume of 32.42B. NVIDIA expands data center offerings with two new AI hardware products and introduces the Omniverse Blueprint for industrial metaverse development. It launches the GB200 NVL4 platform and collaborates with industry leaders on real-time digital twin solutions.
2. Tesla (Nasdaq: TSLA)
Tesla gained mildly by 2.14%, with the trading volume of 30.18B. Tesla has reduced the expected delivery time for Model 3 in the domestic market to 1-3 weeks. The company disclosed 12 insider transactions on November 19, 2024. Additionally, Tesla is acquiring HBM 4.
3. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated surged by 11.89%, with the trading volume of 21.07B. MicroStrategy disclosed insider trading involving executive Montgomery Jeanine selling 46 shares on November 18, 2024. Benchmark has maintained its buy rating for MicroStrategy, setting a target price of $450. The company reported Q3 revenue of $343 million on October 31, 2024.
4. Apple (Nasdaq: AAPL)
Apple gained mildly by 0.11%, with the trading volume of 8.00B. Apple plans to launch its first in-house 5G modem with iPhone SE 4 in March, gradually replacing Qualcomm chips. Apple also released a report on Chinese developers’ earnings, addressing the 30% App Store commission controversy.
5. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 0.49%, with the trading volume of 7.22B. Microsoft won the 2024 World Internet Conference Leading Technology Award, introduced USB-C mini PC linking to Azure Cloud PCs, collaborated with HarperCollins on AI training using book data, supported d-Matrix's AI chip, and co-developed Earth data tools with NASA.
6. Super Micromputer (Nasdaq: SMCI)
Super Micromputer surged by 31.24%, with the trading volume of 6.52B. Supermicro Computer appointed BDO USA as its new auditor and submitted a compliance plan to Nasdaq to maintain its listing status, following Ernst & Young's resignation due to transparency and governance concerns.
7. Amazon (Nasdaq: AMZN)
Amazon.Com gained mildly by 1.44%, with the trading volume of 6.28B. Amazon disclosed a November 19 insider transaction where Director Daniel P. Huttenlocher sold 1,237 shares. The "Amazon Overseas Official Flagship Store" opened on JD.com on November 19, with a global shopping event set for November 21. Amazon is also considering partnerships with 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. Meta Platforms plans to appeal after India's antitrust regulator fined it $25.4 million for violating competition law with WhatsApp's 2021 privacy policy. The regulator restricted data sharing between WhatsApp and Meta's other applications.
9. Palantir Technologies (NYSE: PLTR)
Palantir Technologies gained mildly by 2.81%, with the trading volume of 4.61B. Palantir has experienced significant growth due to its focus on AI applications, alongside companies like AppLovin, which saw substantial appreciation 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 sales by executives HAAS ALESIA J and Choi Emilie, with 3,575 and 1,500 shares sold on November 15 and 14, respectively. Needham reaffirmed its buy rating with a target price of $375.
Nvidia gained solidly by 4.89%, with the trading volume of 32.42B. NVIDIA expands data center offerings with two new AI hardware products and introduces the Omniverse Blueprint for industrial metaverse development. It launches the GB200 NVL4 platform and collaborates with industry leaders on real-time digital twin solutions.
2. Tesla (Nasdaq: TSLA)
Tesla gained mildly by 2.14%, with the trading volume of 30.18B. Tesla has reduced the expected delivery time for Model 3 in the domestic market to 1-3 weeks. The company disclosed 12 insider transactions on November 19, 2024. Additionally, Tesla is acquiring HBM 4.
3. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated surged by 11.89%, with the trading volume of 21.07B. MicroStrategy disclosed insider trading involving executive Montgomery Jeanine selling 46 shares on November 18, 2024. Benchmark has maintained its buy rating for MicroStrategy, setting a target price of $450. The company reported Q3 revenue of $343 million on October 31, 2024.
4. Apple (Nasdaq: AAPL)
Apple gained mildly by 0.11%, with the trading volume of 8.00B. Apple plans to launch its first in-house 5G modem with iPhone SE 4 in March, gradually replacing Qualcomm chips. Apple also released a report on Chinese developers’ earnings, addressing the 30% App Store commission controversy.
5. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 0.49%, with the trading volume of 7.22B. Microsoft won the 2024 World Internet Conference Leading Technology Award, introduced USB-C mini PC linking to Azure Cloud PCs, collaborated with HarperCollins on AI training using book data, supported d-Matrix's AI chip, and co-developed Earth data tools with NASA.
6. Super Micromputer (Nasdaq: SMCI)
Super Micromputer surged by 31.24%, with the trading volume of 6.52B. Supermicro Computer appointed BDO USA as its new auditor and submitted a compliance plan to Nasdaq to maintain its listing status, following Ernst & Young's resignation due to transparency and governance concerns.
7. Amazon (Nasdaq: AMZN)
Amazon.Com gained mildly by 1.44%, with the trading volume of 6.28B. Amazon disclosed a November 19 insider transaction where Director Daniel P. Huttenlocher sold 1,237 shares. The "Amazon Overseas Official Flagship Store" opened on JD.com on November 19, with a global shopping event set for November 21. Amazon is also considering partnerships with 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. Meta Platforms plans to appeal after India's antitrust regulator fined it $25.4 million for violating competition law with WhatsApp's 2021 privacy policy. The regulator restricted data sharing between WhatsApp and Meta's other applications.
9. Palantir Technologies (NYSE: PLTR)
Palantir Technologies gained mildly by 2.81%, with the trading volume of 4.61B. Palantir has experienced significant growth due to its focus on AI applications, alongside companies like AppLovin, which saw substantial appreciation 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 sales by executives HAAS ALESIA J and Choi Emilie, with 3,575 and 1,500 shares sold on November 15 and 14, respectively. Needham reaffirmed its buy rating with a target price of $375.
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