Volume Stonkers | Astera surged 37.70%, NVIDIA Joins Dow Jones Index
Tuesday, Nov 5, 2024 4:30 pm ET
2min read NVIDIA, ranked first by trading volume, rose 2.84% with a trading value of $22.038 billion. NVIDIA has regained its position as the world's highest market value company and joined the Dow Jones Index, marking its important status and influence in the global market.
Tesla, in second place, increased by 3.54% with a trading value of $16.614 billion. Tesla attracted Chinese buyers through exclusive tours at its Shanghai factory, despite a 5.3% year-over-year decline in October deliveries of China-made electric vehicles.
Palantir, ranked third, surged 23.52% with a trading value of $10.366 billion. Palantir exceeded expectations for third-quarter revenue and raised its full-year guidance, reflecting the ongoing enhancement of its artificial intelligence platform.
Microsoft, in fourth position, saw a 0.74% rise with a trading value of $7.185 billion. Microsoft launched a generative artificial intelligence accelerator in the UK in collaboration with NVIDIA and GitHub, further expanding its influence in the AI field.
Apple, ranked fifth, increased by 0.65% with a trading value of $6.209 billion. Apple is reportedly exploring entry into the smart glasses market and faces fines for violating the EU's Digital Markets Act.
Amazon, in sixth place, rose 1.90% with a trading value of $6.001 billion. Amazon's drone delivery service received FAA approval, marking a significant advancement in its logistics sector.
Trump Media & Technology Group, ranked seventh, fell 1.17% with a trading value of $5.609 billion. The stock showed volatility on election day, potentially influenced by market sentiment related to U.S. elections.
Meta, in eighth position, increased by 2.10% with a trading value of $5.532 billion. Meta announced that it will open its AI model, Llama, to U.S. defense agencies and contractors, while cutting funding support for some VR developers.
Microstrategy, ranked ninth, climbed 2.16% with a trading value of $4.103 billion. Despite no specific news being mentioned, Microstrategy continued to capture market attention.
AMD, in tenth place, rose 0.68% with a trading value of $3.775 billion. Market expectations for its future performance remain positive, despite a target price adjustment from $180 to $170.
Boeing, ranked eleventh, fell 2.63% with a trading value of $3.509 billion. Boeing's union approved a new labor contract, viewed as a positive step for its future development.
Alphabet A, in twelfth position, increased by 0.30% with a trading value of $3.027 billion. Google is collaborating with Saudi Arabia's Royal National Fund to establish an AI center, demonstrating its expansion in the Middle East market.
Eli Lilly, ranked thirteenth, saw a modest rise of 0.06% with a trading value of $2.895 billion. Eli Lilly's performance in the pharmaceutical industry is being evaluated against competitors, with minor stock fluctuations.
SMIC, in fourteenth place, climbed 6.42% with a trading value of $2.371 billion. Despite rumors that NVIDIA might abandon SMIC, the company is strengthening its internal governance and oversight functions.
Broadcom, ranked fifteenth, rose 3.17% with a trading value of $2.312 billion. Broadcom adjusted its fiscal 2025 outlook, considering the impacts of seasonal and AI-related factors.
Astera, in sixteenth position, surged 37.70% with a trading value of $2.242 billion. Following optimistic performance reports, Astera Labs received strong recommendations from Wall Street analysts.
Alphabet C, ranked seventeenth, increased by 0.43% with a trading value of $2.120 billion. Google continues to drive technological innovation by collaborating with Saudi Arabia's Royal National Fund to open an AI center.
TSMC, in eighteenth place, rose 2.17% with a trading value of $1.908 billion. TSMC warned of rising electricity prices at its Taiwan facilities, while achieving significant technical improvements in its 2nm process.
Coinbase Global, ranked nineteenth, increased by 4.13% with a trading value of $1.890 billion. With major cryptocurrency prices nearing $70,000, Coinbase benefited from the market's enthusiasm.
Booking Holdings, in twentieth position, rose 2.90% with a trading value of $1.871 billion. Booking Holdings was maintained with a buy rating by Mizuho and Barclays, with a target price raised to $5,400.
Tesla, in second place, increased by 3.54% with a trading value of $16.614 billion. Tesla attracted Chinese buyers through exclusive tours at its Shanghai factory, despite a 5.3% year-over-year decline in October deliveries of China-made electric vehicles.
Palantir, ranked third, surged 23.52% with a trading value of $10.366 billion. Palantir exceeded expectations for third-quarter revenue and raised its full-year guidance, reflecting the ongoing enhancement of its artificial intelligence platform.
Microsoft, in fourth position, saw a 0.74% rise with a trading value of $7.185 billion. Microsoft launched a generative artificial intelligence accelerator in the UK in collaboration with NVIDIA and GitHub, further expanding its influence in the AI field.
Apple, ranked fifth, increased by 0.65% with a trading value of $6.209 billion. Apple is reportedly exploring entry into the smart glasses market and faces fines for violating the EU's Digital Markets Act.
Amazon, in sixth place, rose 1.90% with a trading value of $6.001 billion. Amazon's drone delivery service received FAA approval, marking a significant advancement in its logistics sector.
Trump Media & Technology Group, ranked seventh, fell 1.17% with a trading value of $5.609 billion. The stock showed volatility on election day, potentially influenced by market sentiment related to U.S. elections.
Meta, in eighth position, increased by 2.10% with a trading value of $5.532 billion. Meta announced that it will open its AI model, Llama, to U.S. defense agencies and contractors, while cutting funding support for some VR developers.
Microstrategy, ranked ninth, climbed 2.16% with a trading value of $4.103 billion. Despite no specific news being mentioned, Microstrategy continued to capture market attention.
AMD, in tenth place, rose 0.68% with a trading value of $3.775 billion. Market expectations for its future performance remain positive, despite a target price adjustment from $180 to $170.
Boeing, ranked eleventh, fell 2.63% with a trading value of $3.509 billion. Boeing's union approved a new labor contract, viewed as a positive step for its future development.
Alphabet A, in twelfth position, increased by 0.30% with a trading value of $3.027 billion. Google is collaborating with Saudi Arabia's Royal National Fund to establish an AI center, demonstrating its expansion in the Middle East market.
Eli Lilly, ranked thirteenth, saw a modest rise of 0.06% with a trading value of $2.895 billion. Eli Lilly's performance in the pharmaceutical industry is being evaluated against competitors, with minor stock fluctuations.
SMIC, in fourteenth place, climbed 6.42% with a trading value of $2.371 billion. Despite rumors that NVIDIA might abandon SMIC, the company is strengthening its internal governance and oversight functions.
Broadcom, ranked fifteenth, rose 3.17% with a trading value of $2.312 billion. Broadcom adjusted its fiscal 2025 outlook, considering the impacts of seasonal and AI-related factors.
Astera, in sixteenth position, surged 37.70% with a trading value of $2.242 billion. Following optimistic performance reports, Astera Labs received strong recommendations from Wall Street analysts.
Alphabet C, ranked seventeenth, increased by 0.43% with a trading value of $2.120 billion. Google continues to drive technological innovation by collaborating with Saudi Arabia's Royal National Fund to open an AI center.
TSMC, in eighteenth place, rose 2.17% with a trading value of $1.908 billion. TSMC warned of rising electricity prices at its Taiwan facilities, while achieving significant technical improvements in its 2nm process.
Coinbase Global, ranked nineteenth, increased by 4.13% with a trading value of $1.890 billion. With major cryptocurrency prices nearing $70,000, Coinbase benefited from the market's enthusiasm.
Booking Holdings, in twentieth position, rose 2.90% with a trading value of $1.871 billion. Booking Holdings was maintained with a buy rating by Mizuho and Barclays, with a target price raised to $5,400.
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