Volume Stonkers | FuboTV skyrocketed 249.31%, Disney Merger with Hulu + Live TV Boosts FuboTV Shares

Generated by AI AgentStock Spotlight
Monday, Jan 6, 2025 4:31 pm ET2min read
NVIDIA rose 3.43%, with a trading volume of $39.449 billion. NVIDIA is actively promoting ASIC design and expanding in the AI chip market. Ahead of CES, they announced a new patent for AR glasses to enhance display and reduce device weight. Additionally, at CES 2025, NVIDIA is expected to launch the RTX 50 series GPU.

Tesla increased by 0.15%, with a trading volume of $34.836 billion. Tesla CEO Elon Musk announced that the next-generation AI model, Grok 3, from his xAI company is forthcoming, amid fierce competition with Rivian in the electric vehicle sector.

Apple rose 0.67%, with a trading volume of $10.36 billion. Apple has been cutting prices frequently to counter market share declines, and Evercore has maintained its buy rating with a target price of $250.

MicroStrategy surged 11.61%, with a trading volume of $9.624 billion. MicroStrategy recently purchased approximately 1,070 bitcoins and plans further cryptocurrency investments through $2 billion in preferred stock.

Meta increased by 4.23%, with a trading volume of $8.933 billion. Meta announced that UFC CEO Dana White will join its board of directors, garnering significant market attention.

Microsoft rose 1.06%, with a trading volume of $8.676 billion. Microsoft plans to invest $80 billion in AI data centers this fiscal year, with half of the investment directed to the U.S.

Palantir fell 4.97%, with a trading volume of $8.051 billion. Palantir is collaborating with EllisDon to advance AI and operational efficiency.

Broadcom increased by 1.66%, with a trading volume of $7.61 billion. Broadcom has gained attention due to its collaboration with LG Electronics and offering cloud gaming services on smart TVs.

Amazon rose 1.53%, with a trading volume of $7.213 billion. Amazon signed a 10-year cloud infrastructure agreement valued at $1 billion with HERE to support AI-driven maps and location services.

AMD rose 3.33%, with a trading volume of $6.036 billion. AMD announced plans to launch a series of new products in 2025, including updates for desktops, laptops, and artificial intelligence.

Alphabet Class A shares rose 2.65%, with a trading volume of $5.613 billion. Google showcased a new TV operating system using Gemini AI to summarize information.

TSMC rose 5.46%, with a trading volume of $5.3 billion. TSMC's stock reached a record high due to strong demand for its AI GPU and AI ASIC.

Micron Technology surged 10.45%, with a trading volume of $4.226 billion. Micron Technology performed outstandingly in recent trading, leading semiconductor stocks higher alongside NVIDIA.

Alphabet Class C shares rose 2.50%, with a trading volume of $3.528 billion. The performance of Google's Class C shares mirrored that of its Class A shares, demonstrating the potential of the new operating system.

Coinbase Global rose 6.32%, with a trading volume of $3.09 billion. Coinbase benefited from Bitcoin surpassing $100,000 and overall growth in the cryptocurrency market.

Eli Lilly fell 2.11%, with a trading volume of $3.034 billion. Eli Lilly participated in Orbis Medicines' financing activities and maintained its influence in the pharmaceutical sector.

Netflix rose 0.08%, with a trading volume of $3.007 billion. Netflix plans to showcase its latest streaming content at CES 2025 and release special programming.

FuboTV skyrocketed 249.31%, with a trading volume of $2.69 billion. FuboTV surged due to news of a merger with Disney involving Hulu + Live TV.

Rigetti Computing rose 2.58%, with a trading volume of $2.598 billion. Rigetti Computing performed well in recent trading, with active options trading.

JPMorgan Chase fell 1.00%, with a trading volume of $2.344 billion. JPMorgan Chase received a hold rating from Truist Securities, with a target price set at $260.

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