Volume Stonkers | NVIDIA fell 3.13%, Alphabet's Target Price Raised by RBS

Generated by AI AgentStock Spotlight
Friday, Jan 24, 2025 4:31 pm ET2min read
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NVIDIA, ranked first in trading volume, fell 3.13% with a trading value of $33.582 billion. NVIDIA's competitor is considered to be Alphabet, which has similar business operations and is valued at potentially hundreds of billions.

Tesla, in second place, dropped 1.41%, with a trading value of $22.970 billion. The new Model Y was unveiled with a starting price of $46,490, and the market is focused on its upcoming Q4 earnings release.

Meta, ranked third, rose 1.74%, with a trading value of $12.250 billion. Meta plans to invest $65 billion by 2025 in AI initiatives and aims to expand its AI team.

Apple, in fourth place, fell 0.39%, with a trading value of $11.749 billion. Apple is deploying veteran Kim Vorath to revamp its AI operations in hopes of making breakthroughs in the field.

Microstrategy, ranked fifth, dropped 5.21%, with a trading value of $8.341 billion. The company plans to redeem $1.05 billion in convertible notes and is facing tax issues.

Microsoft, in sixth place, fell 0.59%, with a trading value of $6.506 billion. Microsoft is heavily investing in the AI sector and is expected to release its earnings next week, with a focus on intelligent cloud services.

Palantir, ranked seventh, remained unchanged with a trading value of $6.197 billion. Palantir has performed well in the Nasdaq 100 index, marking eight consecutive trading days in the green.

Broadcom, in eighth place, rose 1.84%, with a trading value of $6.112 billion. Broadcom extended its agreement with Solidigm to support high-capacity SSD controllers for AI applications.

Amazon, ranked ninth, fell 0.24%, with a trading value of $6.022 billion. Amazon has agreed to discussions with Canadian officials regarding the closure issues in Quebec.

Alphabet A, in tenth place, rose 1.13%, with a trading value of $4.746 billion. The Royal Bank of Scotland maintains an outperform rating on Alphabet and has raised its target price.

Netflix, ranked eleventh, dropped 0.74%, with a trading value of $4.402 billion. Bernstein has raised Netflix's target price, with analysts indicating it's not too late to buy.

Advanced Micro Devices (SMCI), in twelfth place, fell 0.16%, with a trading value of $3.826 billion. Major semiconductor stocks are affected by comments from NVIDIA suppliers, leaving market outlook uncertain.

Eli Lilly, ranked thirteenth, rose 2.48%, with a trading value of $3.239 billion. Eli Lilly's stock fluctuated due to the impact of competitor Novo Nordisk's weight loss drug trial results.

Rigetti Computing, in fourteenth place, dropped 2.01%, with a trading value of $3.089 billion. Rigetti has shown strong performance among quantum computing concept stocks, with significant stock price increases.

Coinbase Global, ranked fifteenth, rose 0.67%, with a trading value of $2.951 billion. Coinbase's CEO stated that Bitcoin is a "better form of money."

TSMC, in sixteenth place, fell 1.26%, with a trading value of $2.928 billion. While TSMC is making significant investments, Samsung plans to cut spending in its foundry division.

Guidewire Software, ranked seventeenth, rose 0.68%, with a trading value of $2.861 billion. Guidewire is set to be included in the S&P MidCap 400 index, boosting its stock price.

Texas Instruments, in eighteenth place, dropped 7.52%, with a trading value of $2.790 billion. Texas Instruments' Q1 earnings guidance fell short of expectations, with a slump in the industrial and automotive chip markets.

Alphabet C, ranked nineteenth, rose 1.16%, with a trading value of $2.541 billion. Alphabet is poised to become a competitor to NVIDIA and achieve significant breakthroughs in the AI field.

Intuitive Surgical, in twentieth place, fell 4.04%, with a trading value of $2.438 billion. Despite exceeding Q4 earnings expectations, Intuitive Surgical's future guidance was conservative, leading to a drop in its stock price.

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