Tesla and Meta Lead the Charge with Massive Trading Volumes!
Monday, Dec 2, 2024 11:23 pm ET
TSLA --
1. Tesla (Nasdaq: TSLA)
Tesla gained solidly by 3.46%, with the trading volume of 27.14B. Tesla's $56 billion compensation plan for Elon Musk was invalidated again by a Delaware judge, who ruled the board was overly influenced by Musk. Additionally, Tesla lowered Cybertruck's lease price due to low sales and temporarily halted its production line.
2. Nvidia (Nasdaq: NVDA)
Nvidia gained mildly by 0.28%, with the trading volume of 23.56B. Nvidia's GB200 chip production is delayed due to technical issues, leading to Microsoft's 40% order cut. Nvidia also plans to launch the "Blackwell Ultra" GB300 AI server with water-cooling in mid-2025. Additionally, AI chip startup Tenstorrent raised $700 million, aiming to rival Nvidia.
3. Super Micromputer (Nasdaq: SMCI)
Super Micromputer surged by 28.68%, with the trading volume of 10.50B. Super Micro Computer replaced CFO David Weigand after an independent review found no misconduct. The company will also hire a new Chief Compliance Officer and General Counsel.
4. Apple (Nasdaq: AAPL)
Apple gained mildly by 0.95%, with the trading volume of 10.15B. Apple faces a lawsuit filed by employee Amar Bhakta alleging privacy violations, including enforced monitoring of personal devices and suppression of speech. Apple reportedly compelled Bhakta to delete work-related information from his LinkedIn profile.
5. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated dipped mildly by -1.85%, with the trading volume of 8.91B. MicroStrategy acquired approximately 15,400 Bitcoins for about $1.5 billion in cash, bringing its total holdings to around 401,200 Bitcoins as of December 1.
6. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 1.78%, with the trading volume of 8.67B. Microsoft is reviving classic Xbox games including Gears of War and Magicka; it will also cut 40% of its orders for Nvidia's GB200 chip due to production delays. Microsoft warned about installing Windows 11 on non-compliant computers and reported insider trading actions on December 2, 2024.
7. Amazon (Nasdaq: AMZN)
Amazon.Com gained mildly by 1.36%, with the trading volume of 8.32B. Marvell Technology announced a five-year agreement with Amazon's AWS to supply data center chips, enhancing their strategic partnership. Additionally, AWS is launching new components to improve data center energy efficiency, addressing power consumption challenges. Amazon founder invests in Jim Keller, targeting NVIDIA's advancements.
8. Meta Platforms (Nasdaq: META)
Meta Platforms gained solidly by 3.22%, with the trading volume of 7.30B. Meta plans to invest $10 billion to build a 40,000 km undersea communication cable network circling the globe. Additionally, Meta's Australian unit is tightening regulations on financial product ads to combat scams.
9. Advanced Micro Devices (Nasdaq: AMD)
Advanced Micro Devices gained solidly by 3.56%, with the trading volume of 4.66B. Advanced Micro Devices will begin mass production of the RX 8800 XT graphics card in December, with 25% lower power consumption and 45% better ray tracing performance compared to the 7900 XTX.
10. Alphabet (Nasdaq: GOOGL)
Alphabet gained mildly by 1.50%, with the trading volume of 4.03B. Alphabet's Google seeks court trial instead of jury trial in state-level antitrust lawsuit accusing it of monopolizing ad technology, arguing the Seventh Amendment doesn't grant jury rights for antitrust claims or deceptive trade practices.
Tesla gained solidly by 3.46%, with the trading volume of 27.14B. Tesla's $56 billion compensation plan for Elon Musk was invalidated again by a Delaware judge, who ruled the board was overly influenced by Musk. Additionally, Tesla lowered Cybertruck's lease price due to low sales and temporarily halted its production line.
2. Nvidia (Nasdaq: NVDA)
Nvidia gained mildly by 0.28%, with the trading volume of 23.56B. Nvidia's GB200 chip production is delayed due to technical issues, leading to Microsoft's 40% order cut. Nvidia also plans to launch the "Blackwell Ultra" GB300 AI server with water-cooling in mid-2025. Additionally, AI chip startup Tenstorrent raised $700 million, aiming to rival Nvidia.
3. Super Micromputer (Nasdaq: SMCI)
Super Micromputer surged by 28.68%, with the trading volume of 10.50B. Super Micro Computer replaced CFO David Weigand after an independent review found no misconduct. The company will also hire a new Chief Compliance Officer and General Counsel.
4. Apple (Nasdaq: AAPL)
Apple gained mildly by 0.95%, with the trading volume of 10.15B. Apple faces a lawsuit filed by employee Amar Bhakta alleging privacy violations, including enforced monitoring of personal devices and suppression of speech. Apple reportedly compelled Bhakta to delete work-related information from his LinkedIn profile.
5. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated dipped mildly by -1.85%, with the trading volume of 8.91B. MicroStrategy acquired approximately 15,400 Bitcoins for about $1.5 billion in cash, bringing its total holdings to around 401,200 Bitcoins as of December 1.
6. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 1.78%, with the trading volume of 8.67B. Microsoft is reviving classic Xbox games including Gears of War and Magicka; it will also cut 40% of its orders for Nvidia's GB200 chip due to production delays. Microsoft warned about installing Windows 11 on non-compliant computers and reported insider trading actions on December 2, 2024.
7. Amazon (Nasdaq: AMZN)
Amazon.Com gained mildly by 1.36%, with the trading volume of 8.32B. Marvell Technology announced a five-year agreement with Amazon's AWS to supply data center chips, enhancing their strategic partnership. Additionally, AWS is launching new components to improve data center energy efficiency, addressing power consumption challenges. Amazon founder invests in Jim Keller, targeting NVIDIA's advancements.
8. Meta Platforms (Nasdaq: META)
Meta Platforms gained solidly by 3.22%, with the trading volume of 7.30B. Meta plans to invest $10 billion to build a 40,000 km undersea communication cable network circling the globe. Additionally, Meta's Australian unit is tightening regulations on financial product ads to combat scams.
9. Advanced Micro Devices (Nasdaq: AMD)
Advanced Micro Devices gained solidly by 3.56%, with the trading volume of 4.66B. Advanced Micro Devices will begin mass production of the RX 8800 XT graphics card in December, with 25% lower power consumption and 45% better ray tracing performance compared to the 7900 XTX.
10. Alphabet (Nasdaq: GOOGL)
Alphabet gained mildly by 1.50%, with the trading volume of 4.03B. Alphabet's Google seeks court trial instead of jury trial in state-level antitrust lawsuit accusing it of monopolizing ad technology, arguing the Seventh Amendment doesn't grant jury rights for antitrust claims or deceptive trade practices.