Tesla and Microstrategy Lead the Surge: Massive Trading Volumes Propel Market Gains
Wednesday, Dec 11, 2024 11:23 pm ET
2min read 1. Tesla (Nasdaq: TSLA)
Tesla gained solidly by 5.93%, with the trading volume of 42.36B. Tesla reached a record high in closing; its Cybertruck received domestic energy filing approval. Elon Musk became the first person with a net worth exceeding $400 billion. Tesla's China weekly sales set a fourth-quarter high.
2. Nvidia (Nasdaq: NVDA)
Nvidia gained solidly by 3.14%, with the trading volume of 25.18B. NVIDIA is expanding recruitment in China, focusing on AI-driven vehicles. The company faces an antitrust investigation by Chinese authorities following its acquisition of Mellanox Technologies. Also, NVIDIA recently unveiled new robotics research enabling real-time navigation without maps.
3. Alphabet (Nasdaq: GOOGL)
Alphabet gained solidly by 5.53%, with the trading volume of 12.82B. Google launched the AI model Gemini 2.0, boosting AI capabilities and multi-modality, while introducing Project Astra for AI assistant testing and the AI code assistant Jules for developers. Meanwhile, European comparison sites criticized Google's search result changes, requesting EU antitrust action.
4. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated surged by 9.03%, with the trading volume of 10.99B. Microstrategy recorded a trading volume of $11.067 billion on December 11, 2024, ranking fifth in the US stock market that day.
5. Apple (Nasdaq: AAPL)
Apple dipped mildly by -0.52%, with the trading volume of 10.88B. Apple released iOS 18.2, introducing a two-stage shutter control for cameras and customizable Safari start pages. The world's most expensive iPhone 16 Pro Max, customized by Caviar, debuts at $301,070 with 18K gold and gemstones. Apple Intelligence expands to six countries with this release.
6. Alphabet (Nasdaq: GOOG)
Alphabet gained solidly by 5.46%, with the trading volume of 7.96B. Google launches AI agent capable of navigating shopping sites on behalf of users and introduces AI code assistant Jules for error correction. Google unveils Gemini 2.0, a powerful AI model with enhanced multimodality and native tool usage.
7. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 1.28%, with the trading volume of 7.89B. Microsoft announced an expected $800 million impairment charge for the second fiscal quarter related to their minority interest in General Motors' autonomous-driving subsidiary Cruise.
8. Amazon (Nasdaq: AMZN)
Amazon.Com gained mildly by 2.32%, with the trading volume of 7.81B. Amazon launched the "Amazon Supply Chain Intelligent Hosting Service" at its 2024 global cross-border summit in Nanjing for Chinese sellers. The company also announced its entry into the online auto sales business in the U.S., introducing Amazon Autos.
9. Broadcom (Nasdaq: AVGO)
Broadcom surged by 6.63%, with the trading volume of 7.48B. Apple Inc. and Broadcom Inc. are collaborating to develop an in-house AI server chip named Baltra, with production expected by 2026.
10. Meta Platforms (Nasdaq: META)
Meta Platforms gained mildly by 2.16%, with the trading volume of 6.85B. Meta Platforms donated $1 million to President Trump's inauguration fund to improve relations. Additionally, Meta experienced a major service disruption affecting Facebook, Instagram, and other platforms, which has since been resolved. An insider trade was also disclosed involving Meta executive Olivan Javier selling 413 shares.
Tesla gained solidly by 5.93%, with the trading volume of 42.36B. Tesla reached a record high in closing; its Cybertruck received domestic energy filing approval. Elon Musk became the first person with a net worth exceeding $400 billion. Tesla's China weekly sales set a fourth-quarter high.
2. Nvidia (Nasdaq: NVDA)
Nvidia gained solidly by 3.14%, with the trading volume of 25.18B. NVIDIA is expanding recruitment in China, focusing on AI-driven vehicles. The company faces an antitrust investigation by Chinese authorities following its acquisition of Mellanox Technologies. Also, NVIDIA recently unveiled new robotics research enabling real-time navigation without maps.
3. Alphabet (Nasdaq: GOOGL)
Alphabet gained solidly by 5.53%, with the trading volume of 12.82B. Google launched the AI model Gemini 2.0, boosting AI capabilities and multi-modality, while introducing Project Astra for AI assistant testing and the AI code assistant Jules for developers. Meanwhile, European comparison sites criticized Google's search result changes, requesting EU antitrust action.
4. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated surged by 9.03%, with the trading volume of 10.99B. Microstrategy recorded a trading volume of $11.067 billion on December 11, 2024, ranking fifth in the US stock market that day.
5. Apple (Nasdaq: AAPL)
Apple dipped mildly by -0.52%, with the trading volume of 10.88B. Apple released iOS 18.2, introducing a two-stage shutter control for cameras and customizable Safari start pages. The world's most expensive iPhone 16 Pro Max, customized by Caviar, debuts at $301,070 with 18K gold and gemstones. Apple Intelligence expands to six countries with this release.
6. Alphabet (Nasdaq: GOOG)
Alphabet gained solidly by 5.46%, with the trading volume of 7.96B. Google launches AI agent capable of navigating shopping sites on behalf of users and introduces AI code assistant Jules for error correction. Google unveils Gemini 2.0, a powerful AI model with enhanced multimodality and native tool usage.
7. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 1.28%, with the trading volume of 7.89B. Microsoft announced an expected $800 million impairment charge for the second fiscal quarter related to their minority interest in General Motors' autonomous-driving subsidiary Cruise.
8. Amazon (Nasdaq: AMZN)
Amazon.Com gained mildly by 2.32%, with the trading volume of 7.81B. Amazon launched the "Amazon Supply Chain Intelligent Hosting Service" at its 2024 global cross-border summit in Nanjing for Chinese sellers. The company also announced its entry into the online auto sales business in the U.S., introducing Amazon Autos.
9. Broadcom (Nasdaq: AVGO)
Broadcom surged by 6.63%, with the trading volume of 7.48B. Apple Inc. and Broadcom Inc. are collaborating to develop an in-house AI server chip named Baltra, with production expected by 2026.
10. Meta Platforms (Nasdaq: META)
Meta Platforms gained mildly by 2.16%, with the trading volume of 6.85B. Meta Platforms donated $1 million to President Trump's inauguration fund to improve relations. Additionally, Meta experienced a major service disruption affecting Facebook, Instagram, and other platforms, which has since been resolved. An insider trade was also disclosed involving Meta executive Olivan Javier selling 413 shares.
Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.
