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

Stock SpotlightMonday, Jan 6, 2025 4:31 pm ET
2min 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.
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.