icon
icon
icon
icon
Upgrade
Upgrade

News /

Articles /

Tesla Surges with Massive Volume and Key Energy Deal, Nvidias Quantum Drive Stalls

Market BriefMonday, Nov 18, 2024 11:23 pm ET
2min read
1. Tesla (Nasdaq: TSLA)
Tesla gained solidly by 5.62%, with the trading volume of 42.75B. Tesla secures a 430MW/1720MWh energy storage system order in Puerto Rico. Additionally, the transition team of President-elect Trump plans to create a federal framework for regulating self-driving cars, prioritizing it at the Department of Transportation.

2. Nvidia (Nasdaq: NVDA)
Nvidia dipped mildly by -1.29%, with the trading volume of 30.78B. NVIDIA collaborates with Google Quantum AI to enhance quantum computing processors, leveraging NVIDIA's CUDA-Q platform. Simultaneously, NVIDIA partners with Foxconn to establish an AI Factory, utilizing Omniverse and digital twin technologies for global production line replication.

3. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated surged by 12.96%, with the trading volume of 11.98B. MicroStrategy purchased approximately 51,780 bitcoins for around $4.6 billion in cash.

4. Apple (Nasdaq: AAPL)
Apple gained mildly by 1.34%, with the trading volume of 10.16B. Apple reports China's App Store has 150 million weekly visitors. The App Store ecosystem facilitated developer revenue and sales growth from CNY 1.65 trillion in 2019 to CNY 3.76 trillion in 2023. Apple VisionOS 2.2 Developer Preview Beta 3 is released.

5. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 0.18%, with the trading volume of 9.97B. Microsoft has been accused of monopolistic practices in the US by offering free services to government clients. Additionally, Microsoft has opened its first research center in Tokyo, focusing on robotics and AI integration, addressing aging and workforce challenges in Japan.

6. Palantir Technologies (NYSE: PLTR)
Palantir Technologies plunged by -6.86%, with the trading volume of 8.37B. Palantir's financial performance is highlighted by a significant surge in AI application interest, marking a year-to-date increase in engagement. The focus on AI has positioned Palantir prominently in the market, reflecting robust investor attention.

7. Coinbase Global (Nasdaq: COIN)
Coinbase Global surged by 6.39%, with the trading volume of 8.01B. Coinbase Global disclosed an insider transaction with executive Choi Emilie selling 1,500 shares on November 14, 2024. Needham maintains a buy rating with a target price of $375. Coinbase's Q3 2024 revenue was $42.92 billion.

8. Meta Platforms (Nasdaq: META)
Meta Platforms gained mildly by 0.06%, with the trading volume of 7.91B. The Competition Commission of India fined Meta Platforms $25.4 million, ruling that WhatsApp's 2021 privacy policy update violated antitrust laws, prohibiting data sharing with other Meta applications for five years.

9. Amazon (Nasdaq: AMZN)
Amazon.Com dipped mildly by -0.45%, with the trading volume of 7.29B. Amazon plans to collaborate with Uber, Ticketmaster, and Instacart to enhance Alexa. The "2024 Amazon Global Selling Cross-Border Summit" will occur in Nanjing from December 9-12, marking the event's tenth consecutive year in China.

10. Eli Lilly Andmpany (NYSE: LLY)
Eli Lilly Andmpany dipped mildly by -2.55%, with the trading volume of 6.60B. Eli Lilly's breakthrough weight loss drug, containing Tirzepatide, significantly reduces heart failure risks in obese adults. Meanwhile, Eli Lilly is suing the U.S. Health Resources and Services Administration over alleged unreasonable blocking of drug discount plans, similar to a prior lawsuit by Johnson & Johnson.
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.