Trading Volume Spotlight: Tesla, Nvidia, and Alphabet Lead the Charge!
Tuesday, Dec 10, 2024 5:31 pm ET
2min read 1. Tesla (Nasdaq: TSLA)
Tesla gained mildly by 2.87%, with the trading volume of 39.05B. Tesla is negotiating with India's largest real estate developer DLF for showroom space and plans to deliver the affordable Model Q in the first half of next year. Cantor Fitzgerald maintains a neutral rating for Tesla with a target price of $365.00.
2. Nvidia (Nasdaq: NVDA)
Nvidia dipped mildly by -2.69%, with the trading volume of 28.56B. NVIDIA is under investigation by China's State Administration for Market Regulation for alleged antitrust violations, specifically concerning its acquisition of Mellanox Technologies. Additionally, NVIDIA is venturing into humanoid robots, reflecting rising interest in this technology.
3. Alphabet (Nasdaq: GOOGL)
Alphabet gained solidly by 5.59%, with the trading volume of 9.91B. Google Inc. launched its new Willow quantum computing chip, garnering significant attention in the tech world. Baird reiterated an outperform rating for Google with a target price of $205. The company reported Q3 2024 revenue of $253.49 billion, up 14.68% year-on-year.
4. Apple (Nasdaq: AAPL)
Apple gained mildly by 0.41%, with the trading volume of 9.10B. Apple collaborates with LG and BOE for iPhone SE 4 displays; iPhone 18 Pro may face a price hike; Apple plans blood pressure monitoring for Apple Watch by 2025; Globalstar's satellite communication will be integrated into future Apple Watch models.
5. Microsoft (Nasdaq: MSFT)
Microsoft dipped mildly by -0.60%, with the trading volume of 8.15B. Microsoft shareholders rejected a proposal for Bitcoin investments and demands for AI risk disclosure. The company also introduced a "0 water evaporation data center design" to save over 125 million liters of water per facility annually.
6. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated gained solidly by 3.28%, with the trading volume of 7.36B. Microstrategy reported a trading volume of $6.855 billion on December 10, ranking sixth in the US stock market for that day.
7. Amazon (Nasdaq: AMZN)
Amazon.Com dipped mildly by -0.46%, with the trading volume of 7.01B. Amazon is set to trial a 15-minute fast delivery service in India and plans to expand cross-border e-commerce cooperation with Nanjing. Mizuho and Needham have maintained positive ratings on Amazon, citing its significant revenue and profit increases. Comcast is transitioning its 5G core network to Amazon Web Services.
8. Meta Platforms (Nasdaq: META)
Meta Platforms gained mildly by 0.94%, with the trading volume of 6.76B. Meta announced updates including cross-platform Haptics SDK support and enhanced OpenXR integration. Piper Sandler maintains an "overweight" rating with a $670 target. Meta launched SPDL tools to boost AI data efficiency. Italian authorities concluded an investigation into Meta's alleged €8.876 billion tax evasion.
9. Palantir Technologies (NYSE: PLTR)
Palantir Technologies dipped mildly by -2.17%, with the trading volume of 6.51B. Palantir Technologies has secured a new contract with the United States Special Operations Command for $36.8 million annually to provide advanced AI and mission management functions.
10. Alphabet (Nasdaq: GOOG)
Alphabet gained solidly by 5.33%, with the trading volume of 6.34B. Google unveiled the Willow quantum computing chip, claiming it can solve complex problems in 5 minutes, significantly faster than current supercomputers. Baird reiterated Google's "outperform" rating with a target price of $205.00.
Tesla gained mildly by 2.87%, with the trading volume of 39.05B. Tesla is negotiating with India's largest real estate developer DLF for showroom space and plans to deliver the affordable Model Q in the first half of next year. Cantor Fitzgerald maintains a neutral rating for Tesla with a target price of $365.00.
2. Nvidia (Nasdaq: NVDA)
Nvidia dipped mildly by -2.69%, with the trading volume of 28.56B. NVIDIA is under investigation by China's State Administration for Market Regulation for alleged antitrust violations, specifically concerning its acquisition of Mellanox Technologies. Additionally, NVIDIA is venturing into humanoid robots, reflecting rising interest in this technology.
3. Alphabet (Nasdaq: GOOGL)
Alphabet gained solidly by 5.59%, with the trading volume of 9.91B. Google Inc. launched its new Willow quantum computing chip, garnering significant attention in the tech world. Baird reiterated an outperform rating for Google with a target price of $205. The company reported Q3 2024 revenue of $253.49 billion, up 14.68% year-on-year.
4. Apple (Nasdaq: AAPL)
Apple gained mildly by 0.41%, with the trading volume of 9.10B. Apple collaborates with LG and BOE for iPhone SE 4 displays; iPhone 18 Pro may face a price hike; Apple plans blood pressure monitoring for Apple Watch by 2025; Globalstar's satellite communication will be integrated into future Apple Watch models.
5. Microsoft (Nasdaq: MSFT)
Microsoft dipped mildly by -0.60%, with the trading volume of 8.15B. Microsoft shareholders rejected a proposal for Bitcoin investments and demands for AI risk disclosure. The company also introduced a "0 water evaporation data center design" to save over 125 million liters of water per facility annually.
6. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated gained solidly by 3.28%, with the trading volume of 7.36B. Microstrategy reported a trading volume of $6.855 billion on December 10, ranking sixth in the US stock market for that day.
7. Amazon (Nasdaq: AMZN)
Amazon.Com dipped mildly by -0.46%, with the trading volume of 7.01B. Amazon is set to trial a 15-minute fast delivery service in India and plans to expand cross-border e-commerce cooperation with Nanjing. Mizuho and Needham have maintained positive ratings on Amazon, citing its significant revenue and profit increases. Comcast is transitioning its 5G core network to Amazon Web Services.
8. Meta Platforms (Nasdaq: META)
Meta Platforms gained mildly by 0.94%, with the trading volume of 6.76B. Meta announced updates including cross-platform Haptics SDK support and enhanced OpenXR integration. Piper Sandler maintains an "overweight" rating with a $670 target. Meta launched SPDL tools to boost AI data efficiency. Italian authorities concluded an investigation into Meta's alleged €8.876 billion tax evasion.
9. Palantir Technologies (NYSE: PLTR)
Palantir Technologies dipped mildly by -2.17%, with the trading volume of 6.51B. Palantir Technologies has secured a new contract with the United States Special Operations Command for $36.8 million annually to provide advanced AI and mission management functions.
10. Alphabet (Nasdaq: GOOG)
Alphabet gained solidly by 5.33%, with the trading volume of 6.34B. Google unveiled the Willow quantum computing chip, claiming it can solve complex problems in 5 minutes, significantly faster than current supercomputers. Baird reiterated Google's "outperform" rating with a target price of $205.00.
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