Volume Stonkers | NVIDIA fell 3.67%, Trump Meets NVIDIA CEO; Atlassian Up 14.92%, Cloud & AI Momentum Boosts Price

Generated by AI AgentStock Spotlight
Friday, Jan 31, 2025 4:31 pm ET2min read
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NVIDIA, ranked first by trading volume, fell 3.67% with a trading volume of $47.393 billion. Former President Trump expressed a positive meeting with NVIDIA's CEO, referring to him as a gentleman. The market is focused on its key technology levels, hoping for a recovery from recent declines.

Tesla, in second place, rose 1.08% with a trading volume of $34.067 billion. An assistant to Elon Musk was accused of locking government staff out of the computer systems. Tesla's target price was raised, and it faces potential tariffs from Canada.

Apple, ranked third, decreased by 0.67% with a trading volume of $23.588 billion. Apple has once again halted its AR glasses project development, and Citigroup has raised its target price to $275.

Microsoft, in fourth place, saw a slight increase of 0.02% with a trading volume of $14.199 billion. Microsoft-backed OpenAI launched a new AI reasoning model called O3-mini.

Meta, ranked fifth, rose 0.32% with a trading volume of $13.202 billion. Meta denied rumors of moving its registered location out of California, despite speculation about relocating to Texas.

Broadcom, in sixth place, increased by 2.60% with a trading volume of $9.116 billion. Broadcom's nearly 4% increase captured market attention.

Amazon, ranked seventh, gained 1.30% with a trading volume of $8.582 billion. Amazon was described as the largest customer by the CEO of UPS, although its profitability is not outstanding.

Palantir, in eighth place, rose 1.56% with a trading volume of $6.566 billion. Palantir's stock hit an intraday all-time high, with its CEO stating the company is at the start of its growth trajectory.

Alphabet's Google A, ranked ninth, increased by 1.57% with a trading volume of $6.521 billion. Google's search business faces antitrust fines, while its advertising business is expected to benefit in the fourth quarter.

Microstrategy, in tenth place, fell 1.56% with a trading volume of $5.275 billion. The company plans to issue preferred stock at $80 per share to purchase Bitcoin.

Advanced Micro Devices (AMD), ranked eleventh, decreased by 2.45% with a trading volume of $4.730 billion. AMD continues to strive in the market amidst fierce competition from NVIDIA and Intel.

Alibaba, in twelfth place, dropped 3.81% with a trading volume of $3.597 billion. The market questions whether Alibaba's AI model is superior to its competitors.

Netflix, ranked thirteenth, rose 0.36% with a trading volume of $3.539 billion. Netflix announced that the third season of "Squid Game" will premiere on June 27, drawing attention to its content expansion strategy.

Alphabet's Google C, in fourteenth place, increased by 1.47% with a trading volume of $3.505 billion. Google's cloud business is expected to achieve strong growth amid the AI boom.

Taiwan Semiconductor Manufacturing Company (TSMC), ranked fifteenth, rose 0.54% with a trading volume of $3.218 billion. TSMC's stock gained strength along with the broader market.

Visa, in sixteenth place, fell 0.32% with a trading volume of $2.969 billion. Citigroup raised Visa's target stock price, reflecting positive performance in this quarter's results.

ServiceNow, ranked seventeenth, increased by 0.56% with a trading volume of $2.931 billion. HSBC raised ServiceNow's target price to $1,265, reflecting market confidence in its growth.

Deckers Outdoor, in eighteenth place, dropped 20.44% with a trading volume of $2.790 billion. Analysts have differing views on Deckers' growth narrative, although the target stock price was slightly raised.

Rigetti Computing, ranked nineteenth, rose 7.07% with a trading volume of $2.735 billion. Rigetti's stock gained attention due to the quantum computing concept boom.

Atlassian, in twentieth place, increased by 14.92% with a trading volume of $2.588 billion. Atlassian's momentum in cloud computing and AI has earned positive analyst reviews, with an upward revision in its target price.

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