Tesla and Disneys Trading Volume Soars Amid Market Shifts
Thursday, Nov 14, 2024 11:23 pm ET
2min read 1. Tesla (Nasdaq: TSLA)
Tesla dropped solidly by -5.77%, with the trading volume of 37.67B. Dan Ives at Wedbush believes Trump's plan to eliminate the $7,500 electric vehicle tax credit benefits Tesla. Third Point hedge fund reinvested in Tesla and sold Uber shares. Tesla recalls 2,400 Cybertrucks for safety concerns.
2. Nvidia (Nasdaq: NVDA)
Nvidia gained mildly by 0.34%, with the trading volume of 28.47B. NVIDIA partners with Zhiji to produce mass-market SORL chips for autonomous driving solutions. NVIDIA plans to release Jetson Thor computers for humanoid robots by 2025, acting as a technology provider. Bridgewater's Q3 report shows significant NVIDIA stake reduction.
3. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 0.40%, with the trading volume of 12.56B. Microsoft's cloud business is under FTC investigation for potential anti-competitive practices, and employees staged a strike over outsourcing policies. Additionally, Microsoft announced a major update for Windows 10 and released a Windows 11 preview.
4. Apple (Nasdaq: AAPL)
Apple gained mildly by 1.38%, with the trading volume of 10.19B. China Merchants Securities maintains a "Buy" rating for FIT Hon Teng Limited, raising its FY25/26 EPS estimates by 3%/5% due to strong Q3 2024 performance and positive guidance, adjusting the target price to HKD 4.38 from HKD 4.25. Berkshire Hathaway's latest 13F filing reveals new positions in Domino's Pizza and Pool Corp, while reducing its Apple holdings.
5. Amazon (Nasdaq: AMZN)
Amazon.Com dipped mildly by -1.22%, with the trading volume of 9.01B. Amazon's Q3 revenue rose to $158.88 billion, a 11.04% increase, with operating profit up 55.6% to $17.41 billion. AWS cloud services revenue grew 19% to $27.5 billion. Amazon announced Omni Mini-LED series Fire TVs. Amazon reported 8 insider transactions on November 14, 2024.
6. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated dipped mildly by -0.22%, with the trading volume of 8.74B. Microstrategy disclosed nine insider transactions on November 12, 2024. Director Rechan Leslie J purchased 20,000 shares on November 11, 2024.
7. Meta Platforms (Nasdaq: META)
Meta Platforms dipped mildly by -0.49%, with the trading volume of 6.32B. The European Union fined Meta Platforms 7.98 billion euros for abusing market dominance by linking Facebook Marketplace with its social network. Meta plans to appeal the decision.
8. Alphabet (Nasdaq: GOOGL)
Alphabet dipped mildly by -1.84%, with the trading volume of 5.44B. NVIDIA plans to launch its Jetson Thor computer for humanoid robots in 2025, aiming to be a technology provider, not a manufacturer. Jetson Thor is part of the NVIDIA Jetson platform, designed for AI applications with a focus on robotics.
9. The Walt Disneympany (NYSE: DIS)
The Walt Disneympany surged by 6.23%, with the trading volume of 5.23B. The Walt Disney Company CEO Bob Iger plans to sell $41 million worth of stock. Disney's Q4 revenue rose 6% to $22.6 billion, exceeding expectations, fueled by strong streaming growth and successful Marvel films. The company's 2024 fiscal year net profit nearly doubled to nearly $5 billion.
10. Coinbase Global (Nasdaq: COIN)
Coinbase Global dipped mildly by -2.06%, with the trading volume of 4.88B. Coinbase Global reported significant insider trading activity, with COO Alesia Haas selling 20,000 shares on November 11, 2024, and Director Frederick Wilson selling 40,000 shares on the same day, as disclosed on November 13 and November 12, 2024, respectively.
Tesla dropped solidly by -5.77%, with the trading volume of 37.67B. Dan Ives at Wedbush believes Trump's plan to eliminate the $7,500 electric vehicle tax credit benefits Tesla. Third Point hedge fund reinvested in Tesla and sold Uber shares. Tesla recalls 2,400 Cybertrucks for safety concerns.
2. Nvidia (Nasdaq: NVDA)
Nvidia gained mildly by 0.34%, with the trading volume of 28.47B. NVIDIA partners with Zhiji to produce mass-market SORL chips for autonomous driving solutions. NVIDIA plans to release Jetson Thor computers for humanoid robots by 2025, acting as a technology provider. Bridgewater's Q3 report shows significant NVIDIA stake reduction.
3. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 0.40%, with the trading volume of 12.56B. Microsoft's cloud business is under FTC investigation for potential anti-competitive practices, and employees staged a strike over outsourcing policies. Additionally, Microsoft announced a major update for Windows 10 and released a Windows 11 preview.
4. Apple (Nasdaq: AAPL)
Apple gained mildly by 1.38%, with the trading volume of 10.19B. China Merchants Securities maintains a "Buy" rating for FIT Hon Teng Limited, raising its FY25/26 EPS estimates by 3%/5% due to strong Q3 2024 performance and positive guidance, adjusting the target price to HKD 4.38 from HKD 4.25. Berkshire Hathaway's latest 13F filing reveals new positions in Domino's Pizza and Pool Corp, while reducing its Apple holdings.
5. Amazon (Nasdaq: AMZN)
Amazon.Com dipped mildly by -1.22%, with the trading volume of 9.01B. Amazon's Q3 revenue rose to $158.88 billion, a 11.04% increase, with operating profit up 55.6% to $17.41 billion. AWS cloud services revenue grew 19% to $27.5 billion. Amazon announced Omni Mini-LED series Fire TVs. Amazon reported 8 insider transactions on November 14, 2024.
6. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated dipped mildly by -0.22%, with the trading volume of 8.74B. Microstrategy disclosed nine insider transactions on November 12, 2024. Director Rechan Leslie J purchased 20,000 shares on November 11, 2024.
7. Meta Platforms (Nasdaq: META)
Meta Platforms dipped mildly by -0.49%, with the trading volume of 6.32B. The European Union fined Meta Platforms 7.98 billion euros for abusing market dominance by linking Facebook Marketplace with its social network. Meta plans to appeal the decision.
8. Alphabet (Nasdaq: GOOGL)
Alphabet dipped mildly by -1.84%, with the trading volume of 5.44B. NVIDIA plans to launch its Jetson Thor computer for humanoid robots in 2025, aiming to be a technology provider, not a manufacturer. Jetson Thor is part of the NVIDIA Jetson platform, designed for AI applications with a focus on robotics.
9. The Walt Disneympany (NYSE: DIS)
The Walt Disneympany surged by 6.23%, with the trading volume of 5.23B. The Walt Disney Company CEO Bob Iger plans to sell $41 million worth of stock. Disney's Q4 revenue rose 6% to $22.6 billion, exceeding expectations, fueled by strong streaming growth and successful Marvel films. The company's 2024 fiscal year net profit nearly doubled to nearly $5 billion.
10. Coinbase Global (Nasdaq: COIN)
Coinbase Global dipped mildly by -2.06%, with the trading volume of 4.88B. Coinbase Global reported significant insider trading activity, with COO Alesia Haas selling 20,000 shares on November 11, 2024, and Director Frederick Wilson selling 40,000 shares on the same day, as disclosed on November 13 and November 12, 2024, respectively.
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