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Volume Stonkers | NVIDIA fell 3.66%, Alibaba rose 6.23%, Tesla Sales Growth Expected in Q1

AInvestTuesday, Oct 1, 2024 5:30 pm ET
2min read
NVIDIA, ranked first by trading volume, fell 3.66% with a trading volume of $34.796 billion. The drop was influenced by the overall decline in tech stocks, while options trading remained active. The market holds an optimistic view of its AI demand prospects.

Tesla, in second place, fell 1.38% with a trading volume of $22.103 billion. Tesla is expected to see sales growth in the first quarter of this year, with Wall Street optimistic about its sales outlook.

Apple, ranked third, fell 2.91% with a trading volume of $14.170 billion. Apple plans to release a new iPhone SE and iPad Air, expected next year.

Meta, in fourth place, rose 0.70% with a trading volume of $8.786 billion. Meta plans to expand Quest 3S manufacturing to Vietnam by 2025 and is expected to benefit from a bull market in AI.

Microsoft, in fifth place, fell 2.23% with a trading volume of $7.958 billion. Microsoft faces scrutiny from German antitrust authorities and tighter regulations on its collaboration with OpenAI.

Amazon, ranked sixth, fell 0.64% with a trading volume of $6.626 billion. Amazon Pharmacy introduced Pillpack features to optimize customer medication management.

AMD, in seventh place, fell 2.64% with a trading volume of $4.963 billion. The semiconductor sector declined overall, affected by geopolitical tensions.

Alibaba, ranked eighth, rose 6.23% with a trading volume of $4.863 billion. Chinese e-commerce stocks are being re-evaluated, with Alibaba showing strong market value performance.

Google A, in ninth place, rose 0.69% with a trading volume of $4.651 billion. Google gained market attention with significant AI spending, performing strongly alongside Meta.

Broadcom, ranked tenth, fell 2.92% with a trading volume of $3.818 billion. Broadcom's semiconductor business is considered one of the market's "fastest-growing" companies.

Micron Technology, in eleventh place, fell 3.28% with a trading volume of $3.393 billion. Micron plans to boost profits through high-margin products and AI market expansion.

Pinduoduo, ranked twelfth, rose 8.03% with a trading volume of $3.390 billion. Driven by China's National Day, Chinese concept stocks performed strongly.

Google C, in thirteenth place, rose 0.74% with a trading volume of $3.125 billion. Similar to Google A, the market holds a positive view on its AI spending.

ExxonMobil, ranked fourteenth, rose 2.35% with a trading volume of $2.770 billion. Oil prices increased due to tensions in the Middle East, and the sale of Nigerian assets is expected to close soon.

Coinbase Global, in fifteenth place, fell 7.39% with a trading volume of $2.519 billion. The cryptocurrency market downturn significantly impacted Coinbase.

MicroStrategy, ranked sixteenth, fell 3.51% with a trading volume of $2.270 billion. MicroStrategy introduced new features to enhance the reliability of enterprise AI decision-making.

Eli Lilly, in seventeenth place, fell 0.16% with a trading volume of $2.167 billion. Eli Lilly plans to expand weight-loss drug trials to high-risk groups.

Humana, ranked eighteenth, fell 11.78% with a trading volume of $2.041 billion. The announcement of its 2025 healthcare plan caused significant stock price volatility.

TSMC, in nineteenth place, fell 0.92% with a trading volume of $2.022 billion. TSMC issued a typhoon alert with limited expected operational impact.

Netflix, ranked twentieth, fell 0.44% with a trading volume of $1.983 billion. Rated as a buy, Netflix anticipates "Squid Game" Season 2 to act as a content catalyst.
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.