Volume Stonkers | NVIDIA Gains 17% Over Four Days, Hillhouse Capital Increases Holdings
Thursday, Aug 15, 2024 5:30 pm ET
NVIDIA, the top stock by trading volume, rose 4.05% with a trading volume of $37.983 billion. NVIDIA's stock price has been on an upward trend, gaining 17% over four days. Hillhouse Capital significantly increased its holdings in NVIDIA during the second quarter, indicating investor confidence in the company's future prospects.
Tesla, in second place, gained 6.34% with a trading volume of $19.046 billion. Tesla performed strongly, rising over 6%. Despite Lucid's CEO claiming their electric vehicle technology is eight years ahead of Tesla's, it did not impact Tesla's market performance.
Apple, the third highest, rose 1.35% with a trading volume of $10.179 billion. Apple has been up for seven consecutive trading days. Notably, Apple opened up NFC payments for the first time, marking further expansion in the payments sector.
Amazon, in fourth place, rose 4.40% with a trading volume of $8.963 billion. The UK announced it has selected Amazon to trial drone delivery projects, boosting market sentiment and pushing Amazon's stock price up over 4%.
Microsoft, the fifth highest, rose 1.00% with a trading volume of $8.089 billion. Despite being reduced by several top institutions, Microsoft's stock price continued to grow, showing investor confidence in its long-term development.
Meta, in sixth place, rose 2.01% with a trading volume of $7.211 billion. Meta executives plan to sell some shares, and the company has shut down its misinformation tracking tool CrowdTangle, raising concerns about information transparency before the election.
Advanced Micro Devices (AMD), in seventh place, rose 4.70% with a trading volume of $6.263 billion. AMD successfully acquired Europe's leading Silo AI, further solidifying its leadership in the artificial intelligence sector.
Super Micro Computer Inc. (SMIC), the eighth highest, rose 8.60% with a trading volume of $5.802 billion. SMIC posted strong earnings signals, significantly boosting its stock price.
Alphabet A (Google), in ninth place, rose 0.58% with a trading volume of $5.051 billion. Google faces antitrust challenges and may be required to restructure its app store, affecting its stock price.
Broadcom, the tenth highest, rose 5.35% with a trading volume of $4.522 billion. Broadcom's strong performance in the semiconductor market drove its stock price up, despite Glenview Capital exiting its position in the second quarter.
Walmart, in eleventh place, rose 6.58% with a trading volume of $3.579 billion. Walmart's second-quarter revenue exceeded expectations, and it raised its performance guidance, causing the stock price to rise over 6%.
Alphabet C (Google), the twelfth highest, rose 0.70% with a trading volume of $2.964 billion. Internal concerns over AI competition and impending antitrust judgments continued to affect Google's market performance.
Micron Technology, in thirteenth place, rose 6.51% with a trading volume of $2.963 billion. Micron Technology's stock price surged, driven by the overall strength in the semiconductor sector.
Eli Lilly, the fourteenth highest, fell 0.39% with a trading volume of $2.840 billion. Despite progress in diabetes medication, Eli Lilly's stock price saw a slight decline.
TSMC, in fifteenth place, rose 2.35% with a trading volume of $2.662 billion. TSMC plans to acquire Innolux's plant to expand capacity, boosting its stock price.
Alibaba, the sixteenth highest, rose 0.09% with a trading volume of $2.568 billion. Alibaba reported a 4% revenue increase in the first fiscal quarter and expects its primary listing conversion in Hong Kong to be completed by the end of August.
Applied Materials, in seventeenth place, rose 5.06% with a trading volume of $2.367 billion. Despite surpassing third-quarter performance expectations, market doubts about its future performance led to stock price fluctuations.
Cisco, the eighteenth highest, rose 6.80% with a trading volume of $2.241 billion. Cisco reported strong fourth-quarter financial results and announced further AI transformation plans, significantly boosting its stock price.
AST SpaceMobile, in nineteenth place, soared 50.70% with a trading volume of $2.197 billion. AST SpaceMobile's stock price surged 50.7%, mainly driven by news of its upcoming first commercial satellite launch.
Netflix, the twentieth highest, rose 0.23% with a trading volume of $2.070 billion. Despite some executives selling shares, Netflix's stock price maintained a slight increase.
Tesla, in second place, gained 6.34% with a trading volume of $19.046 billion. Tesla performed strongly, rising over 6%. Despite Lucid's CEO claiming their electric vehicle technology is eight years ahead of Tesla's, it did not impact Tesla's market performance.
Apple, the third highest, rose 1.35% with a trading volume of $10.179 billion. Apple has been up for seven consecutive trading days. Notably, Apple opened up NFC payments for the first time, marking further expansion in the payments sector.
Amazon, in fourth place, rose 4.40% with a trading volume of $8.963 billion. The UK announced it has selected Amazon to trial drone delivery projects, boosting market sentiment and pushing Amazon's stock price up over 4%.
Microsoft, the fifth highest, rose 1.00% with a trading volume of $8.089 billion. Despite being reduced by several top institutions, Microsoft's stock price continued to grow, showing investor confidence in its long-term development.
Meta, in sixth place, rose 2.01% with a trading volume of $7.211 billion. Meta executives plan to sell some shares, and the company has shut down its misinformation tracking tool CrowdTangle, raising concerns about information transparency before the election.
Advanced Micro Devices (AMD), in seventh place, rose 4.70% with a trading volume of $6.263 billion. AMD successfully acquired Europe's leading Silo AI, further solidifying its leadership in the artificial intelligence sector.
Super Micro Computer Inc. (SMIC), the eighth highest, rose 8.60% with a trading volume of $5.802 billion. SMIC posted strong earnings signals, significantly boosting its stock price.
Alphabet A (Google), in ninth place, rose 0.58% with a trading volume of $5.051 billion. Google faces antitrust challenges and may be required to restructure its app store, affecting its stock price.
Broadcom, the tenth highest, rose 5.35% with a trading volume of $4.522 billion. Broadcom's strong performance in the semiconductor market drove its stock price up, despite Glenview Capital exiting its position in the second quarter.
Walmart, in eleventh place, rose 6.58% with a trading volume of $3.579 billion. Walmart's second-quarter revenue exceeded expectations, and it raised its performance guidance, causing the stock price to rise over 6%.
Alphabet C (Google), the twelfth highest, rose 0.70% with a trading volume of $2.964 billion. Internal concerns over AI competition and impending antitrust judgments continued to affect Google's market performance.
Micron Technology, in thirteenth place, rose 6.51% with a trading volume of $2.963 billion. Micron Technology's stock price surged, driven by the overall strength in the semiconductor sector.
Eli Lilly, the fourteenth highest, fell 0.39% with a trading volume of $2.840 billion. Despite progress in diabetes medication, Eli Lilly's stock price saw a slight decline.
TSMC, in fifteenth place, rose 2.35% with a trading volume of $2.662 billion. TSMC plans to acquire Innolux's plant to expand capacity, boosting its stock price.
Alibaba, the sixteenth highest, rose 0.09% with a trading volume of $2.568 billion. Alibaba reported a 4% revenue increase in the first fiscal quarter and expects its primary listing conversion in Hong Kong to be completed by the end of August.
Applied Materials, in seventeenth place, rose 5.06% with a trading volume of $2.367 billion. Despite surpassing third-quarter performance expectations, market doubts about its future performance led to stock price fluctuations.
Cisco, the eighteenth highest, rose 6.80% with a trading volume of $2.241 billion. Cisco reported strong fourth-quarter financial results and announced further AI transformation plans, significantly boosting its stock price.
AST SpaceMobile, in nineteenth place, soared 50.70% with a trading volume of $2.197 billion. AST SpaceMobile's stock price surged 50.7%, mainly driven by news of its upcoming first commercial satellite launch.
Netflix, the twentieth highest, rose 0.23% with a trading volume of $2.070 billion. Despite some executives selling shares, Netflix's stock price maintained a slight increase.