Volume Stonkers | Palantir surged 8.54%, UBS cites strong fundamentals despite valuation challenges
Friday, Dec 20, 2024 4:30 pm ET
2min read Tesla, ranked first in trading volume, fell 3.46% with a trading volume of $55.546 billion. Recently, Tesla recalled nearly 700,000 vehicles in the U.S. due to tire pressure issues, and Kevin Simpson announced a reduction in his Tesla holdings.
NVIDIA, ranked second, rose 3.08% with a trading volume of $39.270 billion. The company's acquisition of AI firm Run:ai has been approved by the EU, and Morgan Stanley maintains a buy rating on NVIDIA.
Apple, ranked third, increased by 1.88% with a trading volume of $31.764 billion. Apple's MicroLED foldable phone project has been temporarily shelved, but domestic panel manufacturers continue to expand production.
Broadcom, ranked fourth, rose 1.13% with a trading volume of $29.014 billion. The CEO of Broadcom stated that the AI spending boom will continue until 2030, and Morgan Stanley raised its target price to $265.
Meta, ranked fifth, declined 1.73% with a trading volume of $28.358 billion. Citi Group raised Meta's target price to $753, and the company is searching for a new CEO.
Microsoft, ranked sixth, dipped 0.10% with a trading volume of $23.614 billion. Microsoft's AI applications with software companies like ServiceNow are accelerating penetration, driving stock prices up.
Palantir, ranked seventh, surged 8.54% with a trading volume of $22.008 billion. UBS gave Palantir a "neutral" rating, citing strong fundamentals but valuation challenges.
Amazon, ranked eighth, rose 0.73% with a trading volume of $18.298 billion. Amazon's labor issues are a focal point in the market, and its target price was raised to $255.
MicroStrategy, ranked ninth, jumped 11.56% with a trading volume of $15.628 billion. The founder of SkyBridge Capital stated that concerns over MicroStrategy's debt are exaggerated.
Apollo Global Management, ranked tenth, increased 0.77% with a trading volume of $15.609 billion. Apollo Global Management has been maintained as a buy by several institutions, with target prices continually being raised.
Workday, ranked eleventh, rose 2.33% with a trading volume of $12.792 billion. While Workday shareholders recently sold a large number of shares, the company's rating has still been upgraded.
Google A, ranked twelfth, increased 1.54% with a trading volume of $11.932 billion. Google announced that starting January 15, digital currency exchange advertisers can place ads in the UK if they meet certain conditions.
Google C, ranked thirteenth, rose 1.72% with a trading volume of $8.632 billion. Google has also updated its cryptocurrency advertising policy and maintained its buy rating.
JPMorgan, ranked fourteenth, rose 2.05% with a trading volume of $7.645 billion. JPMorgan has been sued by the Consumer Financial Protection Bureau for allegedly enabling fraud on its payment platform.
Eli Lilly, ranked fifteenth, increased 1.44% with a trading volume of $7.442 billion. Eli Lilly's Zepbound received FDA approval for use in certain obesity patients.
Visa, ranked sixteenth, rose 0.68% with a trading volume of $7.336 billion. Visa's target price has been raised by several institutions, continuing to gain market favor.
Advanced Micro Devices (AMD), ranked seventeenth, increased 0.28% with a trading volume of $6.334 billion. The semiconductor outlook is considered "attractive" by Morgan Stanley, particularly in the AI field.
Berkshire Hathaway B, ranked eighteenth, rose 0.95% with a trading volume of $5.789 billion. Berkshire recently increased its holdings in several companies, including Occidental Petroleum and SiriusXM.
UnitedHealth, ranked nineteenth, grew 2.30% with a trading volume of $5.442 billion. UnitedHealth's stock price broke the $500 mark, showing strong market performance.
Costco, ranked twentieth, slightly declined 0.08% with a trading volume of $5.065 billion. Costco's stock rating has been upgraded by several institutions, but some analysts believe its stock price has reached a point where selling might be advisable.
NVIDIA, ranked second, rose 3.08% with a trading volume of $39.270 billion. The company's acquisition of AI firm Run:ai has been approved by the EU, and Morgan Stanley maintains a buy rating on NVIDIA.
Apple, ranked third, increased by 1.88% with a trading volume of $31.764 billion. Apple's MicroLED foldable phone project has been temporarily shelved, but domestic panel manufacturers continue to expand production.
Broadcom, ranked fourth, rose 1.13% with a trading volume of $29.014 billion. The CEO of Broadcom stated that the AI spending boom will continue until 2030, and Morgan Stanley raised its target price to $265.
Meta, ranked fifth, declined 1.73% with a trading volume of $28.358 billion. Citi Group raised Meta's target price to $753, and the company is searching for a new CEO.
Microsoft, ranked sixth, dipped 0.10% with a trading volume of $23.614 billion. Microsoft's AI applications with software companies like ServiceNow are accelerating penetration, driving stock prices up.
Palantir, ranked seventh, surged 8.54% with a trading volume of $22.008 billion. UBS gave Palantir a "neutral" rating, citing strong fundamentals but valuation challenges.
Amazon, ranked eighth, rose 0.73% with a trading volume of $18.298 billion. Amazon's labor issues are a focal point in the market, and its target price was raised to $255.
MicroStrategy, ranked ninth, jumped 11.56% with a trading volume of $15.628 billion. The founder of SkyBridge Capital stated that concerns over MicroStrategy's debt are exaggerated.
Apollo Global Management, ranked tenth, increased 0.77% with a trading volume of $15.609 billion. Apollo Global Management has been maintained as a buy by several institutions, with target prices continually being raised.
Workday, ranked eleventh, rose 2.33% with a trading volume of $12.792 billion. While Workday shareholders recently sold a large number of shares, the company's rating has still been upgraded.
Google A, ranked twelfth, increased 1.54% with a trading volume of $11.932 billion. Google announced that starting January 15, digital currency exchange advertisers can place ads in the UK if they meet certain conditions.
Google C, ranked thirteenth, rose 1.72% with a trading volume of $8.632 billion. Google has also updated its cryptocurrency advertising policy and maintained its buy rating.
JPMorgan, ranked fourteenth, rose 2.05% with a trading volume of $7.645 billion. JPMorgan has been sued by the Consumer Financial Protection Bureau for allegedly enabling fraud on its payment platform.
Eli Lilly, ranked fifteenth, increased 1.44% with a trading volume of $7.442 billion. Eli Lilly's Zepbound received FDA approval for use in certain obesity patients.
Visa, ranked sixteenth, rose 0.68% with a trading volume of $7.336 billion. Visa's target price has been raised by several institutions, continuing to gain market favor.
Advanced Micro Devices (AMD), ranked seventeenth, increased 0.28% with a trading volume of $6.334 billion. The semiconductor outlook is considered "attractive" by Morgan Stanley, particularly in the AI field.
Berkshire Hathaway B, ranked eighteenth, rose 0.95% with a trading volume of $5.789 billion. Berkshire recently increased its holdings in several companies, including Occidental Petroleum and SiriusXM.
UnitedHealth, ranked nineteenth, grew 2.30% with a trading volume of $5.442 billion. UnitedHealth's stock price broke the $500 mark, showing strong market performance.
Costco, ranked twentieth, slightly declined 0.08% with a trading volume of $5.065 billion. Costco's stock rating has been upgraded by several institutions, but some analysts believe its stock price has reached a point where selling might be advisable.
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