Volume Stonkers | Adobe fell 8.47%, Target Prices Cut by Citigroup and UBS
Friday, Sep 13, 2024 5:30 pm ET
**NVIDIA**, ranked first by trading volume, fell 0.03% with a volume of $28.24 billion. NVIDIA executives plan to sell 120,000 shares while the company continues to expand its AI business by investing in emerging AI enterprises, further strengthening its market position.
**Tesla**, ranked second, rose 0.21% with a trading volume of $13.59 billion. Tesla announced it will release its Robotaxi autonomous taxi on October 10, marking another significant advancement in the field of autonomous driving.
**Apple**, in third place, fell 0.12% with a trading volume of $8.17 billion. The iPhone 16 series is experiencing strong growth in the Indian market but faces challenges in China, highlighting the complexity of its global market environment.
**Microsoft**, ranked fourth, rose 0.84% with a trading volume of $6.36 billion. Microsoft made significant progress in quantum computing by successfully entangling 12 logical qubits, opening new possibilities for its AI applications.
**Adobe**, in fifth position, fell 8.47% with a trading volume of $5.50 billion. Adobe's fourth fiscal quarter outlook raised market concerns, leading Citigroup and UBS to lower their target stock prices.
**Meta**, ranked sixth, fell 0.19% with a trading volume of $5.23 billion. Meta announced it will use public posts from UK Facebook and Instagram users to train AI, demonstrating its continued investment in the AI sector.
**Amazon**, in seventh place, fell 0.27% with a trading volume of $4.93 billion. Amazon plans to invest over $2.1 billion to strengthen its delivery service projects, further enhancing its logistics capabilities.
**Broadcom**, ranked eighth, rose 1.90% with a trading volume of $4.81 billion. Despite the overall weakness in the chip sector, Broadcom continues to be favored by the market due to its strong performance in AI-related business.
**Google A**, in ninth position, rose 1.79% with a trading volume of $4.45 billion. Google is collaborating with the U.S. government to discuss AI infrastructure, highlighting its significant role in AI policy-making.
**Oracle**, ranked tenth, rose 0.38% with a trading volume of $4.24 billion. Oracle raised its revenue guidance for the next fiscal year, with the market optimistic about its cloud business prospects.
**Advanced Micro Devices (AMD)**, in eleventh place, rose 1.02% with a trading volume of $3.80 billion. An AMD director sold some shares, but its AI-related business remains well-regarded by the market.
**SMIC**, ranked twelfth, rose 3.40% with a trading volume of $3.20 billion. SMIC is actively addressing fluctuations in the AI market, with the potential for future rebounds being anticipated by the market.
**Boeing**, in thirteenth place, fell 3.70% with a trading volume of $2.99 billion. Boeing faces a worker strike involving about 33,000 employees, which could impact its production and profitability.
**Google C**, ranked fourteenth, rose 1.82% with a trading volume of $2.63 billion. Google is discussing ad tech regulation issues with the EU, with the market watching for its future responses.
**Uber**, in fifteenth position, rose 6.45% with a trading volume of $2.18 billion. Uber is expanding its cooperation with Waymo to launch autonomous taxi services in more cities, further enhancing its market competitiveness.
**JPMorgan Chase**, ranked sixteenth, fell 1.09% with a trading volume of $2.09 billion. JPMorgan announced a preferred stock dividend and reiterated its expectations for a Federal Reserve rate cut.
**Micron Technology**, in seventeenth place, rose 4.60% with a trading volume of $1.92 billion. Micron Technology maintains strong market performance, supported by a buy rating from Wells Fargo.
**Eli Lilly**, ranked eighteenth, fell 1.23% with a trading volume of $1.89 billion. Eli Lilly is expanding its plant in Ireland to increase production of weight-loss drugs in response to market demand.
**Palantir**, in nineteenth position, rose 1.95% with a trading volume of $1.76 billion. Despite some executives selling shares, Palantir's stock is poised to reach its highest closing price since 2021.
**Berkshire Hathaway B**, ranked twentieth, fell 0.70% with a trading volume of $1.74 billion. Berkshire faces significant stock sales by senior management, drawing market attention.
**Tesla**, ranked second, rose 0.21% with a trading volume of $13.59 billion. Tesla announced it will release its Robotaxi autonomous taxi on October 10, marking another significant advancement in the field of autonomous driving.
**Apple**, in third place, fell 0.12% with a trading volume of $8.17 billion. The iPhone 16 series is experiencing strong growth in the Indian market but faces challenges in China, highlighting the complexity of its global market environment.
**Microsoft**, ranked fourth, rose 0.84% with a trading volume of $6.36 billion. Microsoft made significant progress in quantum computing by successfully entangling 12 logical qubits, opening new possibilities for its AI applications.
**Adobe**, in fifth position, fell 8.47% with a trading volume of $5.50 billion. Adobe's fourth fiscal quarter outlook raised market concerns, leading Citigroup and UBS to lower their target stock prices.
**Meta**, ranked sixth, fell 0.19% with a trading volume of $5.23 billion. Meta announced it will use public posts from UK Facebook and Instagram users to train AI, demonstrating its continued investment in the AI sector.
**Amazon**, in seventh place, fell 0.27% with a trading volume of $4.93 billion. Amazon plans to invest over $2.1 billion to strengthen its delivery service projects, further enhancing its logistics capabilities.
**Broadcom**, ranked eighth, rose 1.90% with a trading volume of $4.81 billion. Despite the overall weakness in the chip sector, Broadcom continues to be favored by the market due to its strong performance in AI-related business.
**Google A**, in ninth position, rose 1.79% with a trading volume of $4.45 billion. Google is collaborating with the U.S. government to discuss AI infrastructure, highlighting its significant role in AI policy-making.
**Oracle**, ranked tenth, rose 0.38% with a trading volume of $4.24 billion. Oracle raised its revenue guidance for the next fiscal year, with the market optimistic about its cloud business prospects.
**Advanced Micro Devices (AMD)**, in eleventh place, rose 1.02% with a trading volume of $3.80 billion. An AMD director sold some shares, but its AI-related business remains well-regarded by the market.
**SMIC**, ranked twelfth, rose 3.40% with a trading volume of $3.20 billion. SMIC is actively addressing fluctuations in the AI market, with the potential for future rebounds being anticipated by the market.
**Boeing**, in thirteenth place, fell 3.70% with a trading volume of $2.99 billion. Boeing faces a worker strike involving about 33,000 employees, which could impact its production and profitability.
**Google C**, ranked fourteenth, rose 1.82% with a trading volume of $2.63 billion. Google is discussing ad tech regulation issues with the EU, with the market watching for its future responses.
**Uber**, in fifteenth position, rose 6.45% with a trading volume of $2.18 billion. Uber is expanding its cooperation with Waymo to launch autonomous taxi services in more cities, further enhancing its market competitiveness.
**JPMorgan Chase**, ranked sixteenth, fell 1.09% with a trading volume of $2.09 billion. JPMorgan announced a preferred stock dividend and reiterated its expectations for a Federal Reserve rate cut.
**Micron Technology**, in seventeenth place, rose 4.60% with a trading volume of $1.92 billion. Micron Technology maintains strong market performance, supported by a buy rating from Wells Fargo.
**Eli Lilly**, ranked eighteenth, fell 1.23% with a trading volume of $1.89 billion. Eli Lilly is expanding its plant in Ireland to increase production of weight-loss drugs in response to market demand.
**Palantir**, in nineteenth position, rose 1.95% with a trading volume of $1.76 billion. Despite some executives selling shares, Palantir's stock is poised to reach its highest closing price since 2021.
**Berkshire Hathaway B**, ranked twentieth, fell 0.70% with a trading volume of $1.74 billion. Berkshire faces significant stock sales by senior management, drawing market attention.