Tech Titans: NVIDIAs AR Leap and Microstrategys Surge Amid High Volumes
Monday, Jan 6, 2025 5:31 pm ET
2min read 1. Nvidia (Nasdaq: NVDA)
Nvidia gained solidly by 3.43%, with the trading volume of 39.52B. NVIDIA has unveiled a new AR glasses patent utilizing "backlight-free augmented reality digital holography technology." This innovation could potentially revolutionize the AR glasses industry. Additionally, NVIDIA announced an expanded collaboration with automotive AI company Cerence.
2. Tesla (Nasdaq: TSLA)
Tesla gained mildly by 0.15%, with the trading volume of 34.98B. Tesla's Model Y spy shots revealed at the Shanghai factory. Cybertruck deliveries fall short of expectations, with annual deliveries likely under 50,000 units. Tesla leads in 2024 recall numbers. The revamped Model 3 surpasses 100,000 sales. Tesla invests $100 million in land for a Mexico gigafactory.
3. Apple (Nasdaq: AAPL)
Apple gained mildly by 0.67%, with the trading volume of 10.72B. Samsung unveils the Galaxy S25 Slim, targeting Apple's iPhone 17 Air. Apple faces significant sales challenges in China as iPhone sales decline. Apple launched the "Shazam Fast Forward 2025" website to highlight 50 potential breakthrough music artists.
4. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated surged by 11.61%, with the trading volume of 9.65B. Benchmark reaffirmed a buy rating for Microstrategy with a target price of $650. Microstrategy's Q3 2024 revenue was $343 million. The founder hinted at purchasing more Bitcoin on Monday.
5. Meta Platforms (Nasdaq: META)
Meta Platforms gained solidly by 4.23%, with the trading volume of 9.00B. Meta was rated "buy" by Jefferies with a target price of $715 and "outperform" by Wedbush with a target price of $680. The company reported Q3 2024 revenue of $1161.16 billion and discontinued the sale of its Quest Pro headset.
6. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 1.06%, with the trading volume of 8.68B. Microsoft plans to invest $80 billion in AI infrastructure by 2025, potentially catalyzing industry growth. It is also encouraging hardware upgrades, unveiling new Surface Laptop touchpad speaker patents, pausing some OpenAI data center construction, and witnessing executive shifts to Google.
7. Palantir Technologies (NYSE: PLTR)
Palantir Technologies dropped solidly by -4.97%, with the trading volume of 8.09B. Morgan Stanley rated Palantir as underweight with a target price of $60. Palantir's Q3 2024 report showed $20.38 billion in revenue, a 26.06% increase year-over-year, and a net profit of $3.91 billion, with earnings per share of $0.17.
8. Broadcom (Nasdaq: AVGO)
Broadcom gained mildly by 1.66%, with the trading volume of 8.04B. Broadcom is poised for significant growth with market capitalization targets exceeding $1 trillion. The company is recognized as a leader in custom chips, fueling optimism about its future trajectory.
9. Amazon (Nasdaq: AMZN)
Amazon.Com gained mildly by 1.53%, with the trading volume of 7.22B. Amazon's quarterly report shows 11.2% revenue growth year-on-year with $450.167 billion in revenue and $39.244 billion in net profit. Wedbush maintains Amazon's "outperform" rating with a target price of $260.00. Amazon Prime Video secured the Melania Trump documentary rights.
10. Advanced Micro Devices (Nasdaq: AMD)
Advanced Micro Devices gained solidly by 3.33%, with the trading volume of 6.05B. AMD launched the Ryzen 9 9950X3D and Ryzen 9 9900X3D desktop processors, featuring 16-core and 12-core Zen5 CPUs, respectively. These processors offer an 8% performance boost over the 7950X3D for gaming.
Nvidia gained solidly by 3.43%, with the trading volume of 39.52B. NVIDIA has unveiled a new AR glasses patent utilizing "backlight-free augmented reality digital holography technology." This innovation could potentially revolutionize the AR glasses industry. Additionally, NVIDIA announced an expanded collaboration with automotive AI company Cerence.
2. Tesla (Nasdaq: TSLA)
Tesla gained mildly by 0.15%, with the trading volume of 34.98B. Tesla's Model Y spy shots revealed at the Shanghai factory. Cybertruck deliveries fall short of expectations, with annual deliveries likely under 50,000 units. Tesla leads in 2024 recall numbers. The revamped Model 3 surpasses 100,000 sales. Tesla invests $100 million in land for a Mexico gigafactory.
3. Apple (Nasdaq: AAPL)
Apple gained mildly by 0.67%, with the trading volume of 10.72B. Samsung unveils the Galaxy S25 Slim, targeting Apple's iPhone 17 Air. Apple faces significant sales challenges in China as iPhone sales decline. Apple launched the "Shazam Fast Forward 2025" website to highlight 50 potential breakthrough music artists.
4. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated surged by 11.61%, with the trading volume of 9.65B. Benchmark reaffirmed a buy rating for Microstrategy with a target price of $650. Microstrategy's Q3 2024 revenue was $343 million. The founder hinted at purchasing more Bitcoin on Monday.
5. Meta Platforms (Nasdaq: META)
Meta Platforms gained solidly by 4.23%, with the trading volume of 9.00B. Meta was rated "buy" by Jefferies with a target price of $715 and "outperform" by Wedbush with a target price of $680. The company reported Q3 2024 revenue of $1161.16 billion and discontinued the sale of its Quest Pro headset.
6. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 1.06%, with the trading volume of 8.68B. Microsoft plans to invest $80 billion in AI infrastructure by 2025, potentially catalyzing industry growth. It is also encouraging hardware upgrades, unveiling new Surface Laptop touchpad speaker patents, pausing some OpenAI data center construction, and witnessing executive shifts to Google.
7. Palantir Technologies (NYSE: PLTR)
Palantir Technologies dropped solidly by -4.97%, with the trading volume of 8.09B. Morgan Stanley rated Palantir as underweight with a target price of $60. Palantir's Q3 2024 report showed $20.38 billion in revenue, a 26.06% increase year-over-year, and a net profit of $3.91 billion, with earnings per share of $0.17.
8. Broadcom (Nasdaq: AVGO)
Broadcom gained mildly by 1.66%, with the trading volume of 8.04B. Broadcom is poised for significant growth with market capitalization targets exceeding $1 trillion. The company is recognized as a leader in custom chips, fueling optimism about its future trajectory.
9. Amazon (Nasdaq: AMZN)
Amazon.Com gained mildly by 1.53%, with the trading volume of 7.22B. Amazon's quarterly report shows 11.2% revenue growth year-on-year with $450.167 billion in revenue and $39.244 billion in net profit. Wedbush maintains Amazon's "outperform" rating with a target price of $260.00. Amazon Prime Video secured the Melania Trump documentary rights.
10. Advanced Micro Devices (Nasdaq: AMD)
Advanced Micro Devices gained solidly by 3.33%, with the trading volume of 6.05B. AMD launched the Ryzen 9 9950X3D and Ryzen 9 9900X3D desktop processors, featuring 16-core and 12-core Zen5 CPUs, respectively. These processors offer an 8% performance boost over the 7950X3D for gaming.
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