Tech Titans Tumble: Nvidia Suffers Historic Drop Amid High Trade Volumes!

Generated by AI AgentAinvest Market Brief
Monday, Feb 3, 2025 11:23 pm ET2min read
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1. Nvidia (Nasdaq: NVDA)
Nvidia dipped mildly by -2.84%, with the trading volume of 42.69B. NVIDIA experienced a 15% drop in stock, marking its largest weekly decline since September 2022, resulting in a $552 billion loss in market value. This week, it integrated DeepSeek Inc.'s R1 model into its platform, alongside Microsoft and Amazon Web Services.

2. Tesla (Nasdaq: TSLA)
Tesla dropped solidly by -5.17%, with the trading volume of 35.48B. Tesla will supply Megapack commercial energy storage batteries with a total capacity of 548 MWh to a facility in Maibara, Japan by Orix, set to operate by 2027. Additionally, Tesla's market share has declined in Sweden and Norway due to negative brand perception.

3. Apple (Nasdaq: AAPL)
Apple dropped solidly by -3.39%, with the trading volume of 16.51B. Apple's iPhone revenue is offsetting shipment decline due to improved product mix, but this strategy's effectiveness is waning. Citigroup maintains a buy rating for Apple with a target price of $275.00, following Apple's Q1 2025 earnings report showing $124.3 billion revenue.

4. Meta Platforms (Nasdaq: META)
Meta Platforms gained mildly by 1.20%, with the trading volume of 14.85B. Meta disclosed 47 insider transactions on February 3, 2025. Major shareholder Zuckerberg Mark sold 1,708 shares on January 31, 2025. Additionally, Meta's chief scientist criticized Silicon Valley's "common disease" of misplaced superiority regarding external innovations.

5. Microsoft (Nasdaq: MSFT)
Microsoft dipped mildly by -1.00%, with the trading volume of 10.51B. NVIDIA's market value fell by over $500 billion last week, marking its largest weekly drop since September 2022. Additionally, Microsoft's cloud platform and Amazon's cloud division have integrated models from China's Deep Exploration company into their platforms.

6. Palantir Technologies (NYSE: PLTR)
Palantir Technologies gained mildly by 1.51%, with the trading volume of 9.39B. Palantir reported Q4 revenue of $827.5 million, surpassing expectations. The company is set to announce its full 2023 financial results post-market. Analysts project Q4 revenue at $777 million, up 27.7%, with earnings per share of $0.04.

7. Amazon (Nasdaq: AMZN)
Amazon.Com dipped mildly by -0.11%, with the trading volume of 8.78B. NVIDIA's market value shrank by over $500 billion last week, marking its largest weekly decline since September 2022. In other developments, Microsoft's cloud platform, Amazon's cloud computing unit, and NVIDIA have integrated the R1 model from China's DeepQuest AI startup.

8. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated gained solidly by 3.67%, with the trading volume of 6.00B. Microstrategy reported a trading volume of $6.002 billion on February 3, 2025, positioning it eighth among U.S. stocks for that day.

9. Alphabet (Nasdaq: GOOGL)
Alphabet dipped mildly by -1.37%, with the trading volume of 5.58B. General Motors shares fell over 7% due to Trump's tariff policy impact. Furthermore, Honda and Ford saw declines of 6% and 4%, respectively, while Nvidia, TSMC, and Google also experienced drops in their stock value.

10. Broadcom (Nasdaq: AVGO)
Broadcom dipped mildly by -1.60%, with the trading volume of 5.30B. Broadcom's trading volume on February 3, 2025, amounted to $5.297 billion, marking a 42.07% decrease compared to the previous trading day.

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