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Volume Stonkers | Rigetti Computing soared 36.04%, MicroStrategy Plans Share Sale to Buy Bitcoin

Stock SpotlightThursday, Dec 26, 2024 4:31 pm ET
2min read
Tesla, ranked first by trading volume, fell 1.76% with a trading volume of $34.683 billion. Tesla is expected to release its fourth-quarter delivery data next week, with market expectations of about 510,000 vehicles. Additionally, Tesla faces competition from companies like GAC in the embodied intelligence sector.

NVIDIA, in second place, declined 0.21% with a trading volume of $16.009 billion. NVIDIA recently launched the B300 for developing large inference models and plans to release the RTX 5090. Despite a slowdown in data center chip demand, NVIDIA's suppliers anticipate AI smartphones as a new growth point.

Apple, ranked third, rose 0.32% with a trading volume of $6.741 billion. Apple's market value is approaching $4 trillion, and Wall Street maintains an optimistic outlook on its future development. Analysts note that Apple's stock has not experienced such a continuous rise since 2010.

Broadcom, in fourth place, increased 2.37% with a trading volume of $6.738 billion. Broadcom's stock price has more than doubled in a year, and Morgan Stanley maintains its buy rating with a target price of $265. Broadcom is collaborating with Apple to develop AI chips, and options trading is also active.

Palantir, ranked fifth, fell 0.29% with a trading volume of $4.948 billion. Although analysts expect Palantir's stock to drop nearly 10%, its development in the AI sector is still considered one of the best investment options.

MicroStrategy, in sixth place, dropped 4.78% with a trading volume of $4.517 billion. MicroStrategy plans to sell more shares to raise funds for purchasing Bitcoin. Despite a decline in Bitcoin prices, its long-term investors remain optimistic.

Meta, ranked seventh, decreased 0.72% with a trading volume of $3.668 billion. Meta settled a recruitment ad discrimination case in Israel for $1 million. Additionally, changes in the AI industry are impacting its stock performance.

Amazon, in eighth place, fell 0.87% with a trading volume of $3.660 billion. Amazon is considering providing Wi-Fi for IAG aircraft and reducing expenditure on Zt systems, which are being acquired by AMD.

Microsoft, ranked ninth, declined 0.28% with a trading volume of $3.615 billion. Microsoft's stock price target has been raised to $550, and OpenAI's development on the Microsoft Azure platform faces challenges.

Advanced Micro Devices (AMD), in tenth place, dropped 0.97% with a trading volume of $3.031 billion. AMD is challenging NVIDIA's AI dominance and plans to launch new products to enhance market competitiveness.

SoundHound AI, ranked eleventh, surged 19.71% with a trading volume of $2.962 billion. SoundHound AI has shown outstanding performance in the AI sector, and options trading is active.

Rigetti Computing, in twelfth place, soared 36.04% with a trading volume of $2.749 billion. Rigetti Computing's stock price has seen a significant increase, potentially reaching a record high closing price.

Alphabet Class A, ranked thirteenth, fell 0.26% with a trading volume of $2.370 billion. Google is using Anthropic's Claude model to enhance its Gemini AI and has refused to sell its Chrome browser.

Netflix, in fourteenth place, declined 0.86% with a trading volume of $2.108 billion. Netflix released a special edition of Beyoncé's Super Bowl halftime show and successfully broadcasted events during Christmas.

UnitedHealth Group, ranked fifteenth, rose 1.03% with a trading volume of $1.682 billion. UnitedHealth is listed as a current hot stock by Raymond James analysts.

Alphabet Class C, in sixteenth place, decreased 0.24% with a trading volume of $1.543 billion. Google has made progress in autonomous driving, with Waymo conducting overseas tests in Tokyo.

Taiwan Semiconductor Manufacturing Company (TSMC), ranked seventeenth, fell 1.56% with a trading volume of $1.537 billion. TSMC's position in the global semiconductor market remains stable despite fierce competition.

Micron Technology, in eighteenth place, rose 0.61% with a trading volume of $1.278 billion. Micron Technology announced a 10% production cut to address declining NAND flash prices and expects the HBM market to exceed $100 billion by 2025.

SEALSQ, ranked nineteenth, surged 60.15% with a trading volume of $1.217 billion. SEALSQ has regained compliance with Nasdaq's minimum bid price requirement and launched a quantum-safe encryption research center.

Coinbase Global, in twentieth place, fell 1.86% with a trading volume of $1.201 billion. A director at Coinbase sold some shares, and despite Bitcoin's price decline, the company continues to expand in the cryptocurrency sector.
Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.