Volume Stonkers | Palantir up 4.05%, nearing $100B market cap, Arcadium surges 31% on Rio Tinto deal.
Generated by AI AgentStock Spotlight
Wednesday, Oct 9, 2024 5:30 pm ET2min read
AAPL--
NVDA--
TSLA--
**NVIDIA** fell 0.18% with a trading volume of $32.422 billion. NVIDIA projects that AI could impact related industries by up to $20 trillion. Recently driven by AI demand, the stock has risen 25% in the past month.
**Tesla** dropped 1.41% with a trading volume of $16.013 billion. Tesla's China-made electric vehicle sales in September grew 19.2% year-over-year, and the Berlin factory rolled out its 400,000th Model Y, showcasing ongoing production capacity improvements.
**Apple** increased 1.67% with a trading volume of $7.338 billion. Apple executive Dan Riccio, who led the development of Vision Pro, will retire, with John Ternus taking over the Vision product group.
**Microsoft** rose 0.66% with a trading volume of $6.203 billion. Oppenheimer downgraded Microsoft to "market perform," predicting future losses for OpenAI could reach $14 billion.
**AMD** fell 1.03% with a trading volume of $5.780 billion. SMIC rose over 5.6%, showing strong performance among chip stocks despite competitive challenges.
**Meta** decreased 0.40% with a trading volume of $5.588 billion. Meta launched AI chatbots in six countries and added AI video tools on Facebook and Instagram.
**Alphabet A** dropped 1.53% with a trading volume of $5.022 billion. Google faces a U.S. Department of Justice investigation, with analysts doubting major structural changes.
**Amazon** increased 1.34% with a trading volume of $4.772 billion. Amazon was downgraded by Wells Fargo over growth concerns, but its Kuiper satellite opportunities are considered undervalued.
**Broadcom** rose 2.89% with a trading volume of $4.670 billion. Broadcom is nearing a new high, showing strong momentum in the semiconductor sector.
**Palantir** increased 4.05% with a trading volume of $3.662 billion. Palantir reached a 52-week high and is nearing a $100 billion market cap, becoming one of the largest software companies.
**Alphabet C** fell 1.59% with a trading volume of $3.199 billion. Google is working on shifting to nuclear power to support the energy needs of its AI data centers.
**SMIC** rose 4.28% with a trading volume of $3.096 billion. Despite facing margin declines, SMIC showed strong performance amid volatility.
**Alibaba** dropped 1.60% with a trading volume of $3.084 billion. Alibaba maintained a buy rating, with price targets raised to $124 and $115.
**Microstrategy** fell 1.71% with a trading volume of $2.545 billion. Bernstein maintained an outperform rating for Microstrategy, adjusting the target price to $290.
**Arcadium Lithium** surged 31.01% with a trading volume of $2.298 billion. Arcadium jumped due to a deal with Rio Tinto, becoming a leading small-cap stock in the U.S.
**TSMC** rose 0.59% with a trading volume of $2.144 billion. TSMC is leveraging NVIDIA's platform to drive semiconductor manufacturing changes and is expected to maintain revenue growth over the next five years.
**Pinduoduo** fell 2.34% with a trading volume of $1.945 billion. Pinduoduo launched its "11.11" event with "billion-dollar vouchers" to support new quality brands.
**Micron Technology** decreased 0.82% with a trading volume of $1.863 billion. Micron introduced a new logo inspired by the precision of wafer contours and maintained a buy rating.
**Boeing** dropped 3.43% with a trading volume of $1.861 billion. Boeing made some progress in union negotiations, improving performance bonus guarantees.
**Costco** increased 2.10% with a trading volume of $1.753 billion. Costco's net and same-store sales grew 9% in September, showing strong performance after membership fee increases.
**Tesla** dropped 1.41% with a trading volume of $16.013 billion. Tesla's China-made electric vehicle sales in September grew 19.2% year-over-year, and the Berlin factory rolled out its 400,000th Model Y, showcasing ongoing production capacity improvements.
**Apple** increased 1.67% with a trading volume of $7.338 billion. Apple executive Dan Riccio, who led the development of Vision Pro, will retire, with John Ternus taking over the Vision product group.
**Microsoft** rose 0.66% with a trading volume of $6.203 billion. Oppenheimer downgraded Microsoft to "market perform," predicting future losses for OpenAI could reach $14 billion.
**AMD** fell 1.03% with a trading volume of $5.780 billion. SMIC rose over 5.6%, showing strong performance among chip stocks despite competitive challenges.
**Meta** decreased 0.40% with a trading volume of $5.588 billion. Meta launched AI chatbots in six countries and added AI video tools on Facebook and Instagram.
**Alphabet A** dropped 1.53% with a trading volume of $5.022 billion. Google faces a U.S. Department of Justice investigation, with analysts doubting major structural changes.
**Amazon** increased 1.34% with a trading volume of $4.772 billion. Amazon was downgraded by Wells Fargo over growth concerns, but its Kuiper satellite opportunities are considered undervalued.
**Broadcom** rose 2.89% with a trading volume of $4.670 billion. Broadcom is nearing a new high, showing strong momentum in the semiconductor sector.
**Palantir** increased 4.05% with a trading volume of $3.662 billion. Palantir reached a 52-week high and is nearing a $100 billion market cap, becoming one of the largest software companies.
**Alphabet C** fell 1.59% with a trading volume of $3.199 billion. Google is working on shifting to nuclear power to support the energy needs of its AI data centers.
**SMIC** rose 4.28% with a trading volume of $3.096 billion. Despite facing margin declines, SMIC showed strong performance amid volatility.
**Alibaba** dropped 1.60% with a trading volume of $3.084 billion. Alibaba maintained a buy rating, with price targets raised to $124 and $115.
**Microstrategy** fell 1.71% with a trading volume of $2.545 billion. Bernstein maintained an outperform rating for Microstrategy, adjusting the target price to $290.
**Arcadium Lithium** surged 31.01% with a trading volume of $2.298 billion. Arcadium jumped due to a deal with Rio Tinto, becoming a leading small-cap stock in the U.S.
**TSMC** rose 0.59% with a trading volume of $2.144 billion. TSMC is leveraging NVIDIA's platform to drive semiconductor manufacturing changes and is expected to maintain revenue growth over the next five years.
**Pinduoduo** fell 2.34% with a trading volume of $1.945 billion. Pinduoduo launched its "11.11" event with "billion-dollar vouchers" to support new quality brands.
**Micron Technology** decreased 0.82% with a trading volume of $1.863 billion. Micron introduced a new logo inspired by the precision of wafer contours and maintained a buy rating.
**Boeing** dropped 3.43% with a trading volume of $1.861 billion. Boeing made some progress in union negotiations, improving performance bonus guarantees.
**Costco** increased 2.10% with a trading volume of $1.753 billion. Costco's net and same-store sales grew 9% in September, showing strong performance after membership fee increases.
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