Tesla Leads with High Trading Volume Amidst New Model Launch Buzz
Monday, Dec 9, 2024 5:31 pm ET
2min read 1. Tesla (Nasdaq: TSLA)
Tesla gained mildly by 0.15%, with the trading volume of 37.19B. Tesla is set to launch the Model Q next year at a $30,000 price point. Deutsche Bank maintains a buy rating with a target price of $370. Tesla's V4 superchargers are being deployed globally, with China as a key market.
2. Nvidia (Nasdaq: NVDA)
Nvidia dipped mildly by -2.55%, with the trading volume of 25.74B. NVIDIA is under investigation by China's State Administration for Market Regulation for allegedly violating anti-monopoly laws related to conditions applied in its acquisition of Mellanox Technologies' equity.
3. Palantir Technologies (NYSE: PLTR)
Palantir Technologies dropped solidly by -5.08%, with the trading volume of 12.54B. Palantir Technologies PLTR.US secured a new contract with the US Special Operations Command to provide advanced AI and mission management functions, with an annual delivery value of $36.8 million, expanding their existing agreement.
4. Apple (Nasdaq: AAPL)
Apple gained mildly by 1.61%, with the trading volume of 10.73B. Apple plans to use China's BOE OLED screens for iPhone SE 4 and incorporate China's Tianma OLED panels in new HomePods. Major upgrades for Mac mini 2024 and collaboration with Sony on Vision Pro gaming. First Saudi retail store opens in 2026.
5. Amazon (Nasdaq: AMZN)
Amazon.Com dipped mildly by -0.41%, with the trading volume of 10.64B. Amazon has received a "buy" rating from Roth MKM with a $250 target price. The company announced the strategic priorities for 2025, including innovation and local enablement, and opened an upgraded office in Nanjing, planning to launch an Ireland site for Chinese sellers.
6. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 0.55%, with the trading volume of 8.51B. The US approved Microsoft to export advanced AI chips to UAE company G42, strengthening their collaboration with a $1.5 billion investment. Additionally, Microsoft's Phil Spencer revealed his 2024 Xbox gaming activity, and the company plans new Surface devices with Intel Lunar Lake chips for 2025.
7. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated plunged by -7.51%, with the trading volume of 8.43B. Microstrategy's trading volume on December 9, 2024, reached $8.113 billion, making it the sixth highest in U.S. stock markets that day.
8. Advanced Micro Devices (Nasdaq: AMD)
Advanced Micro Devices dropped solidly by -5.57%, with the trading volume of 7.50B. Advanced Micro Devices had its rating downgraded by B of A Securities from buy to neutral, with the price target reduced from $180 to $155.
9. Meta Platforms (Nasdaq: META)
Meta Platforms dipped mildly by -1.64%, with the trading volume of 7.01B. Meta is advancing its AI strategy by introducing an internal productivity tool named Metamate, leveraging its Llama language model, specifically designed to enhance coding efficiency for enterprises.
10. Applovin (Nasdaq: APP)
Applovin plunged by -14.69%, with the trading volume of 5.66B. Citic Securities reported a significant increase in overseas attention towards AI applications, with a focus on B2B sectors like advertising and data. C2B AI applications are expected to drive long-term investment potential.
Tesla gained mildly by 0.15%, with the trading volume of 37.19B. Tesla is set to launch the Model Q next year at a $30,000 price point. Deutsche Bank maintains a buy rating with a target price of $370. Tesla's V4 superchargers are being deployed globally, with China as a key market.
2. Nvidia (Nasdaq: NVDA)
Nvidia dipped mildly by -2.55%, with the trading volume of 25.74B. NVIDIA is under investigation by China's State Administration for Market Regulation for allegedly violating anti-monopoly laws related to conditions applied in its acquisition of Mellanox Technologies' equity.
3. Palantir Technologies (NYSE: PLTR)
Palantir Technologies dropped solidly by -5.08%, with the trading volume of 12.54B. Palantir Technologies PLTR.US secured a new contract with the US Special Operations Command to provide advanced AI and mission management functions, with an annual delivery value of $36.8 million, expanding their existing agreement.
4. Apple (Nasdaq: AAPL)
Apple gained mildly by 1.61%, with the trading volume of 10.73B. Apple plans to use China's BOE OLED screens for iPhone SE 4 and incorporate China's Tianma OLED panels in new HomePods. Major upgrades for Mac mini 2024 and collaboration with Sony on Vision Pro gaming. First Saudi retail store opens in 2026.
5. Amazon (Nasdaq: AMZN)
Amazon.Com dipped mildly by -0.41%, with the trading volume of 10.64B. Amazon has received a "buy" rating from Roth MKM with a $250 target price. The company announced the strategic priorities for 2025, including innovation and local enablement, and opened an upgraded office in Nanjing, planning to launch an Ireland site for Chinese sellers.
6. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 0.55%, with the trading volume of 8.51B. The US approved Microsoft to export advanced AI chips to UAE company G42, strengthening their collaboration with a $1.5 billion investment. Additionally, Microsoft's Phil Spencer revealed his 2024 Xbox gaming activity, and the company plans new Surface devices with Intel Lunar Lake chips for 2025.
7. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated plunged by -7.51%, with the trading volume of 8.43B. Microstrategy's trading volume on December 9, 2024, reached $8.113 billion, making it the sixth highest in U.S. stock markets that day.
8. Advanced Micro Devices (Nasdaq: AMD)
Advanced Micro Devices dropped solidly by -5.57%, with the trading volume of 7.50B. Advanced Micro Devices had its rating downgraded by B of A Securities from buy to neutral, with the price target reduced from $180 to $155.
9. Meta Platforms (Nasdaq: META)
Meta Platforms dipped mildly by -1.64%, with the trading volume of 7.01B. Meta is advancing its AI strategy by introducing an internal productivity tool named Metamate, leveraging its Llama language model, specifically designed to enhance coding efficiency for enterprises.
10. Applovin (Nasdaq: APP)
Applovin plunged by -14.69%, with the trading volume of 5.66B. Citic Securities reported a significant increase in overseas attention towards AI applications, with a focus on B2B sectors like advertising and data. C2B AI applications are expected to drive long-term investment potential.
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