Tesla Leads in High Volume Shake-up Amid Market Shifts and Strategic Moves

1. Tesla (Nasdaq: TSLA)
Tesla plunged by -6.15%, with the trading volume of 51.12B. Donald Trump appointed Elon Musk and Vivek Ramaswamy to lead a newly established Department of Government Efficiency, tasked with streamlining bureaucracy, reducing wasteful spending, and restructuring federal agencies, in collaboration with the White House Office of Management and Budget.

2. Nvidia (Nasdaq: NVDA)
Nvidia gained mildly by 2.09%, with the trading volume of 28.88B. NVIDIA collaborated with SoftBank to accelerate Japan's AI initiatives and pioneer the first global AI and 5G network, aiming to boost significant revenue opportunities for telecom providers. Meanwhile, domestic GPU company Moore Threads started its IPO process in China, seeking A-shares listing.

3. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated gained solidly by 4.88%, with the trading volume of 13.57B. Microstrategy reported a trading volume of $13.661 billion on November 12, 2024, making it the third highest in the US stock market that day.

4. Meta Platforms (Nasdaq: META)
Meta Platforms gained mildly by 0.28%, with the trading volume of 9.55B. Meta has reduced subscription fees in the EU, now offering lower rates for Facebook and Instagram users. Meta also unveiled a new option for less personalized ads in Europe to comply with regulations, and ValueAct holds $1 billion in Meta shares.

5. Apple (Nasdaq: AAPL)
Apple dipped mildly by 0.00%, with the trading volume of 9.04B. Apple is expected to launch the iPhone SE 4 with an A18 chip and a 48MP rear camera next spring. The European Union has mandated Apple to cease geo-blocking services like the App Store and music. Tencent will report its third-quarter earnings on November 13.

6. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 1.20%, with the trading volume of 8.16B. Microsoft addressed a critical vulnerability in its Exchange Server allowing attacker spoofing, unveiled custom lock screen features in Windows 11, partnered with the Vatican on AI projects, launched .NET 9 with enhanced performance, and reported insider trading activities on November 12, 2024.

7. Amazon (Nasdaq: AMZN)
Amazon.Com gained mildly by 1.00%, with the trading volume of 8.06B. Amazon plans to shut down its Freevee streaming service, integrating it with Prime Video, while reallocating some employees and content. Additionally, Amazon is developing smart glasses for delivery drivers to enhance route navigation and improve delivery efficiency.

8. Coinbase Global (Nasdaq: COIN)
Coinbase Global dipped mildly by -1.58%, with the trading volume of 7.76B. Coinbase Global disclosed 15 insider transactions on November 12, 2024, including a sale of 40,000 shares by director Wilson Frederick R on November 11.

9. Shopify (NYSE: SHOP)
Shopify surged by 21.04%, with the trading volume of 7.05B. Shopify's third-quarter revenue rose 26% to $21.6 billion, exceeding analyst expectations. The company's gross merchandise volume increased 24% to $697 billion. Shopify also invested in fintech firm Neo Financial alongside investor Peter Thiel.

10. Advanced Micro Devices (Nasdaq: AMD)
Advanced Micro Devices dipped mildly by -2.52%, with the trading volume of 4.82B. AMD launched the second-generation Versal Premium adaptive SoC platform, the industry's first FPGA supporting CXL 3.1 and PCIe Gen 6. AMD confirmed a global 4% workforce reduction, refocusing on AI. AMD dominates 62% of the Korean PC assembly market, outperforming Intel.