Tech Stocks Trading Surge: Nvidia Leads with 28B Volume, Tesla & Apple Follow
Friday, Jan 10, 2025 5:31 pm ET
2min read 1. Nvidia (Nasdaq: NVDA)
Nvidia dipped mildly by -3.00%, with the trading volume of 28.07B. NVIDIA unveiled new graphics cards at CES 2025, enhancing PC VR experiences and hinting at an entry into the PC market. Additionally, NVIDIA criticized Biden's AI chip export restrictions, suggesting they could harm the US economy.
2. Tesla (Nasdaq: TSLA)
Tesla dipped mildly by -0.05%, with the trading volume of 24.30B. Tesla CEO Elon Musk hinted at future updates for Optimus, predicting a tenfold increase in production over two years. Tesla released a new Model Y with extended range, while the revamped Model Y's rear-wheel version starts at $26.35K and long-range at $30.35K.
3. Apple (Nasdaq: AAPL)
Apple dipped mildly by -2.41%, with the trading volume of 14.56B. Apple faces iPhone 16 sales ban in Indonesia; launches iPhone 16E with A18 Bionic chip and 8GB RAM; CEO Tim Cook's 2024 compensation stands at $74.6 million; iOS 19 supports older models; iPhone SE4 receives major upgrades; fiscal Q1 2025 results on January 31.
4. Meta Platforms (Nasdaq: META)
Meta Platforms gained mildly by 0.84%, with the trading volume of 11.85B. Meta's Q4 earnings report will be released on January 29, 2024. The company faces criticism for abandoning external fact-checking, potentially affecting content on Instagram and Facebook. Meanwhile, Zhongxin Securities has issued a "buy" rating for Meta, highlighting its strong financial performance.
5. Microsoft (Nasdaq: MSFT)
Microsoft dipped mildly by -1.32%, with the trading volume of 8.34B. Microsoft's research team challenges the "bigger is better" model assumption for AI; there's a small-scale layoff affecting less than 1% of employees; the company has fixed multiple Outlook bugs, notably resolving issues with adding Gmail accounts.
6. Amazon (Nasdaq: AMZN)
Amazon.Com dipped mildly by -1.44%, with the trading volume of 7.87B. Amazon's rating was reaffirmed as "outperform" by JMP Securities with a target price of $285.00. The company's Q3 2024 revenue reached $450.167 billion, marking an 11.2% year-over-year increase.
7. Advanced Micro Devices (Nasdaq: AMD)
Advanced Micro Devices dropped solidly by -4.76%, with the trading volume of 6.83B. Advanced Micro Devices saw a mixed analyst response, with Mizuho maintaining an "outperform" rating and Goldman Sachs downgrading to "neutral"; the new FSR 4 technology challenges Nvidia DLSS 4, while AMD aims to capture the mid-range market from Nvidia.
8. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated dipped mildly by -1.14%, with the trading volume of 5.40B. MicroStrategy, likened to a meme stock, garners attention for its aggressive Bitcoin purchases, initiated five years ago. The company's strategy positions it as a significant influencer in the cryptocurrency market, sparking increased investor interest.
9. Broadcom (Nasdaq: AVGO)
Broadcom dipped mildly by -2.18%, with the trading volume of 5.30B. Broadcom released its 2024 annual report, showing revenue of $51.57 billion and net profit of $5.895 billion. Mizuho maintains an outperform rating for Broadcom, targeting $260.00. In collaboration with Rapidus, Broadcom plans to trial 2nm chips, with delivery in June 2025.
10. Palantir Technologies (NYSE: PLTR)
Palantir Technologies dipped mildly by -1.42%, with the trading volume of 5.15B. Palantir reported a trading volume of $51.15 billion on January 10, ranking it tenth among U.S. stocks for the day.
Nvidia dipped mildly by -3.00%, with the trading volume of 28.07B. NVIDIA unveiled new graphics cards at CES 2025, enhancing PC VR experiences and hinting at an entry into the PC market. Additionally, NVIDIA criticized Biden's AI chip export restrictions, suggesting they could harm the US economy.
2. Tesla (Nasdaq: TSLA)
Tesla dipped mildly by -0.05%, with the trading volume of 24.30B. Tesla CEO Elon Musk hinted at future updates for Optimus, predicting a tenfold increase in production over two years. Tesla released a new Model Y with extended range, while the revamped Model Y's rear-wheel version starts at $26.35K and long-range at $30.35K.
3. Apple (Nasdaq: AAPL)
Apple dipped mildly by -2.41%, with the trading volume of 14.56B. Apple faces iPhone 16 sales ban in Indonesia; launches iPhone 16E with A18 Bionic chip and 8GB RAM; CEO Tim Cook's 2024 compensation stands at $74.6 million; iOS 19 supports older models; iPhone SE4 receives major upgrades; fiscal Q1 2025 results on January 31.
4. Meta Platforms (Nasdaq: META)
Meta Platforms gained mildly by 0.84%, with the trading volume of 11.85B. Meta's Q4 earnings report will be released on January 29, 2024. The company faces criticism for abandoning external fact-checking, potentially affecting content on Instagram and Facebook. Meanwhile, Zhongxin Securities has issued a "buy" rating for Meta, highlighting its strong financial performance.
5. Microsoft (Nasdaq: MSFT)
Microsoft dipped mildly by -1.32%, with the trading volume of 8.34B. Microsoft's research team challenges the "bigger is better" model assumption for AI; there's a small-scale layoff affecting less than 1% of employees; the company has fixed multiple Outlook bugs, notably resolving issues with adding Gmail accounts.
6. Amazon (Nasdaq: AMZN)
Amazon.Com dipped mildly by -1.44%, with the trading volume of 7.87B. Amazon's rating was reaffirmed as "outperform" by JMP Securities with a target price of $285.00. The company's Q3 2024 revenue reached $450.167 billion, marking an 11.2% year-over-year increase.
7. Advanced Micro Devices (Nasdaq: AMD)
Advanced Micro Devices dropped solidly by -4.76%, with the trading volume of 6.83B. Advanced Micro Devices saw a mixed analyst response, with Mizuho maintaining an "outperform" rating and Goldman Sachs downgrading to "neutral"; the new FSR 4 technology challenges Nvidia DLSS 4, while AMD aims to capture the mid-range market from Nvidia.
8. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated dipped mildly by -1.14%, with the trading volume of 5.40B. MicroStrategy, likened to a meme stock, garners attention for its aggressive Bitcoin purchases, initiated five years ago. The company's strategy positions it as a significant influencer in the cryptocurrency market, sparking increased investor interest.
9. Broadcom (Nasdaq: AVGO)
Broadcom dipped mildly by -2.18%, with the trading volume of 5.30B. Broadcom released its 2024 annual report, showing revenue of $51.57 billion and net profit of $5.895 billion. Mizuho maintains an outperform rating for Broadcom, targeting $260.00. In collaboration with Rapidus, Broadcom plans to trial 2nm chips, with delivery in June 2025.
10. Palantir Technologies (NYSE: PLTR)
Palantir Technologies dipped mildly by -1.42%, with the trading volume of 5.15B. Palantir reported a trading volume of $51.15 billion on January 10, ranking it tenth among U.S. stocks for the day.