Volume Stonkers | NVIDIA rose 1.91%, Stardog Launches NVIDIA-Accelerated GPU Chip-Cloud Facility 'SKATHE'

Generated by AI AgentStock Spotlight
Thursday, Sep 12, 2024 5:30 pm ET2min read
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NVIDIA, ranked first in trading volume, rose 1.91% with a trading volume of $43.188 billion. Stardog has launched a private GPU chip-cloud computing facility "SKATHE" accelerated by NVIDIA. Additionally, NVIDIA executives plan to sell 120,000 shares valued at approximately $14.2725 million.

Tesla, ranked second, increased by 0.74% with a trading volume of $16.431 billion. Tesla's sales in the Chinese market remain strong, with delivery times extended to 4-6 weeks. Simultaneously, Tesla showcased a new car assembly process that could help reduce costs.

Apple, ranked third, saw a slight increase of 0.05% with a trading volume of $8.308 billion. The U.S. Food and Drug Administration (FDA) has approved Apple's hearing aid software for the AirPods Pro, intended for use with compatible versions of the AirPods Pro earbuds.

Broadcom, ranked fourth, surged 3.97% with a trading volume of $7.120 billion. Broadcom's stock price rose by 4.2%, and options trading also increased significantly.

Microsoft, ranked fifth, rose 0.94% with a trading volume of $7.070 billion. Microsoft plans to lay off 650 employees from the Xbox gaming division and add the o1 preview version and o1-mini from OpenAI to Azure and GitHub.

Meta, ranked sixth, climbed 2.69% with a trading volume of $6.247 billion. Meta's WhatsApp has launched Meta certification and customized messaging in India.

Amazon, ranked seventh, rose 1.34% with a trading volume of $5.932 billion. Amazon announced that AWS plans to invest $1.8 billion over ten years to expand its data center business in Brazil.

Google A, ranked eighth, increased by 2.34% with a trading volume of $4.458 billion. EU regulators are investigating Google's PaLM2 model for data privacy concerns, while Google has introduced new Chrome features to enhance protection against online threats.

Advanced Micro Devices (AMD), ranked ninth, rose 0.61% with a trading volume of $4.377 billion. Citigroup maintains a "buy" rating on AMD, citing a rebound in PC shipments in August.

Google C, ranked tenth, saw a rise of 2.23% with a trading volume of $3.248 billion. Multiple former executives have testified in an antitrust investigation, putting Google's advertising business at risk. Meanwhile, Google has launched an upgraded version of its security check feature.

Adobe, ranked eleventh, increased by 1.06% with a trading volume of $2.908 billion. Adobe announced plans to repurchase 5.2 million shares in the fiscal third quarter and is set to launch the AI video tool Firefly, which will revolutionize film editing processes.

Micron Technology, ranked twelfth, dropped 3.80% with a trading volume of $2.672 billion. Exane BNP Paribas downgraded Micron Technology's stock rating to "underperform" and lowered its target price to $67.

Oracle, ranked thirteenth, rose 2.66% with a trading volume of $2.569 billion. Oracle disclosed future revenue guidance, projecting fiscal 2029 revenue of at least $104 billion.

Eli Lilly, ranked fourteenth, increased by 1.54% with a trading volume of $2.336 billion. Noom has launched a more affordable compound version of Eli Lilly's insulin.

TSMC, ranked fifteenth, rose 0.72% with a trading volume of $2.287 billion. JPMorgan and Bank of America praised TSMC's strong growth in August, expecting Q3 revenue to exceed expectations.

Wells Fargo, ranked sixteenth, fell 4.00% with a trading volume of $2.213 billion. Wells Fargo has reached an agreement with the Office of the Comptroller of the Currency to strengthen anti-money laundering and sanctions risk management practices.

SMIC, ranked seventeenth, declined 0.73% with a trading volume of $2.181 billion. YieldMax has launched an options income strategy ETF on SMIC (SMCI).

UnitedHealth, ranked eighteenth, dropped 0.19% with a trading volume of $1.995 billion. UnitedHealth is following competitors by replacing Humira with lower-cost biosimilar drugs.

Palantir, ranked nineteenth, rose 0.23% with a trading volume of $1.879 billion. Palantir executives plan to sell 155,500 shares valued at approximately $5.4205 million. CEO Alex Karp discussed the company's AI platform on a live CNBC broadcast.

JPMorgan, ranked twentieth, fell 0.28% with a trading volume of $1.869 billion. KBW stated that the largest U.S. bank would benefit from the Federal Reserve's changes to capital rules.

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