Tesla and Microstrategy Lead with Skyrocketing Trading Volumes
Wednesday, Dec 25, 2024 5:31 pm ET
2min read 1. Tesla (Nasdaq: TSLA)
Tesla surged by 7.36%, with the trading volume of 27.57B. Li Auto CEO, Li Xiang, stated the company focuses on humanoid robots and not on Robotaxi development, emphasizing the transformation into a leading AI-driven enterprise. Meanwhile, Ruqi Mobility launched a fully autonomous Robotaxi service in Guangzhou, China.
2. Nvidia (Nasdaq: NVDA)
Nvidia gained mildly by 0.39%, with the trading volume of 14.79B. NVIDIA saw retail investors purchase $29.8 billion worth of its stock in 2024, outperforming the SPDR S&P 500 ETF again. Additionally, NVIDIA announced the RTX 5070 Ti graphics card, offering performance comparable to the RTX 4090.
3. Apple (Nasdaq: AAPL)
Apple gained mildly by 1.15%, with the trading volume of 5.98B. Apple faces challenges in developing a bezel-less iPhone, with doubts about its 2026 release. Controversy continues over Apple's high revenue share, especially in China. Meanwhile, Apple is ramping up AI chip development to reduce third-party dependence, potentially ending its tense history with Nvidia.
4. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated surged by 7.81%, with the trading volume of 5.80B. Microstrategy reported a trading volume of $5.787 billion on December 24, 2024, ranking fourth on the US stock market for the day.
5. Broadcom (Nasdaq: AVGO)
Broadcom gained solidly by 3.15%, with the trading volume of 5.44B. Netflix has filed a lawsuit against Broadcom, accusing its subsidiary VMware of infringing on five patents related to virtual machine communication through its vSphere platform in the US District Court for the Northern District of California.
6. Palantir Technologies (NYSE: PLTR)
Palantir Technologies gained mildly by 2.09%, with the trading volume of 5.40B. Demand for electricity driven by AI may boost Constellation Energy, Vistra Corp., and Talen Energy, with potential growth expected next year, according to analysts.
7. Amazon (Nasdaq: AMZN)
Amazon.Com gained mildly by 1.77%, with the trading volume of 3.43B. Amazon is tracking Temu platform prices and restricting sellers, asking some Chinese cross-border merchants to stop selling products at lower prices on Temu. Amazon Web Services hosted a collaborative partner event focusing on digital transformation and released new technologies for enterprise innovation at the global 2024 re:Invent conference.
8. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 0.94%, with the trading volume of 3.14B. Seegene partners with Microsoft and Springer Nature to establish a global PCR diagnostic alliance. Microsoft is enhancing Game Pass by accelerating Activision game inclusion and plans to support PST files in Outlook for Windows and macOS by 2025.
9. Advanced Micro Devices (Nasdaq: AMD)
Advanced Micro Devices gained mildly by 1.36%, with the trading volume of 3.13B. AMD's MI300X AI chip reportedly has software flaws, affecting user experience compared to NVIDIA. AMD's RX 9070 XT graphics card renderings reveal a three-fan design. The company plans to release FSR 4 technology at CES 2025, enhancing graphics and performance using AI.
10. Meta Platforms (Nasdaq: META)
Meta Platforms gained mildly by 1.32%, with the trading volume of 2.86B. Meta is collaborating with EssilorLuxottica to develop smart glasses with displays, aiming for a 2025 release, and is experiencing a massive 200% increase in related app downloads, highlighting growing interest in wearable technology.
Tesla surged by 7.36%, with the trading volume of 27.57B. Li Auto CEO, Li Xiang, stated the company focuses on humanoid robots and not on Robotaxi development, emphasizing the transformation into a leading AI-driven enterprise. Meanwhile, Ruqi Mobility launched a fully autonomous Robotaxi service in Guangzhou, China.
2. Nvidia (Nasdaq: NVDA)
Nvidia gained mildly by 0.39%, with the trading volume of 14.79B. NVIDIA saw retail investors purchase $29.8 billion worth of its stock in 2024, outperforming the SPDR S&P 500 ETF again. Additionally, NVIDIA announced the RTX 5070 Ti graphics card, offering performance comparable to the RTX 4090.
3. Apple (Nasdaq: AAPL)
Apple gained mildly by 1.15%, with the trading volume of 5.98B. Apple faces challenges in developing a bezel-less iPhone, with doubts about its 2026 release. Controversy continues over Apple's high revenue share, especially in China. Meanwhile, Apple is ramping up AI chip development to reduce third-party dependence, potentially ending its tense history with Nvidia.
4. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated surged by 7.81%, with the trading volume of 5.80B. Microstrategy reported a trading volume of $5.787 billion on December 24, 2024, ranking fourth on the US stock market for the day.
5. Broadcom (Nasdaq: AVGO)
Broadcom gained solidly by 3.15%, with the trading volume of 5.44B. Netflix has filed a lawsuit against Broadcom, accusing its subsidiary VMware of infringing on five patents related to virtual machine communication through its vSphere platform in the US District Court for the Northern District of California.
6. Palantir Technologies (NYSE: PLTR)
Palantir Technologies gained mildly by 2.09%, with the trading volume of 5.40B. Demand for electricity driven by AI may boost Constellation Energy, Vistra Corp., and Talen Energy, with potential growth expected next year, according to analysts.
7. Amazon (Nasdaq: AMZN)
Amazon.Com gained mildly by 1.77%, with the trading volume of 3.43B. Amazon is tracking Temu platform prices and restricting sellers, asking some Chinese cross-border merchants to stop selling products at lower prices on Temu. Amazon Web Services hosted a collaborative partner event focusing on digital transformation and released new technologies for enterprise innovation at the global 2024 re:Invent conference.
8. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 0.94%, with the trading volume of 3.14B. Seegene partners with Microsoft and Springer Nature to establish a global PCR diagnostic alliance. Microsoft is enhancing Game Pass by accelerating Activision game inclusion and plans to support PST files in Outlook for Windows and macOS by 2025.
9. Advanced Micro Devices (Nasdaq: AMD)
Advanced Micro Devices gained mildly by 1.36%, with the trading volume of 3.13B. AMD's MI300X AI chip reportedly has software flaws, affecting user experience compared to NVIDIA. AMD's RX 9070 XT graphics card renderings reveal a three-fan design. The company plans to release FSR 4 technology at CES 2025, enhancing graphics and performance using AI.
10. Meta Platforms (Nasdaq: META)
Meta Platforms gained mildly by 1.32%, with the trading volume of 2.86B. Meta is collaborating with EssilorLuxottica to develop smart glasses with displays, aiming for a 2025 release, and is experiencing a massive 200% increase in related app downloads, highlighting growing interest in wearable technology.
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