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Volume Stonkers | SMIC soared 15.93%, MicroStrategy Raises $1.75B for Bitcoin amid Price Surge

Stock SpotlightMonday, Nov 18, 2024 4:30 pm ET
2min read
Tesla rose by 5.62%, with a trading volume of $42.68 billion. Recently, the U.S. government plans to relax regulations on autonomous driving, potentially benefiting Tesla. Additionally, Tesla has launched a toy robot, although full implementation will take time.

NVIDIA fell by 1.29%, with a trading volume of $30.26 billion. The market is focused on NVIDIA's upcoming earnings, with Blackwell seen as a potential catalyst. Furthermore, NVIDIA is collaborating with Google to accelerate quantum computing design.

MicroStrategy increased by 12.96%, with a trading volume of $11.92 billion. The company plans to issue $1.75 billion in convertible notes to increase its Bitcoin holdings, with Bitcoin prices currently exceeding $91,000.

Apple rose by 1.34%, with a trading volume of $10.14 billion. Apple is evaluating the possibility of manufacturing its own branded televisions, while Apple Silicon is considered an important part of its AI strategy.

Microsoft gained 0.18%, with a trading volume of $9.28 billion. Microsoft recently launched several new features, including one-click checkout and image-based search, and continues to invest in AI.

Palantir fell by 6.87%, with a trading volume of $8.36 billion. Although Palantir's stock performance was poor, the company's overall performance this year remains strong, and the market is optimistic about its inclusion in the Nasdaq-100.

Meta increased by 0.06%, with a trading volume of $7.91 billion. India fined Meta for anti-competitive behavior related to its privacy policy update. Additionally, Meta executives plan to sell some shares.

Coinbase Global rose by 6.40%, with a trading volume of $7.90 billion. Recently, Coinbase plans to have a private meeting with Trump and is investing heavily in political action committees ahead of the election.

Amazon fell by 0.45%, with a trading volume of $7.11 billion. Amazon has formed a union in California and is collaborating with a teamsters union. Additionally, the company has made new progress in its streaming services.

Eli Lilly dropped by 2.50%, with a trading volume of $6.58 billion. Eli Lilly made a significant breakthrough in the trial of its lipoprotein(a) treatment drug, showing notable improvements in cardiovascular health.

AMD increased by 2.99%, with a trading volume of $5.36 billion. The company announced a partnership with IBM, and its high-performance computer El Capitan ranked high on the supercomputer leaderboard.

SMIC rose by 15.93%, with a trading volume of $3.47 billion. SMIC introduced a new liquid cooling solution, further enhancing AI computing density.

Netflix gained 2.80%, with a trading volume of $3.39 billion. Netflix is accelerating the growth of its ad-supported tier and plans to expand into sports streaming to attract more viewers.

Google A increased by 1.63%, with a trading volume of $3.39 billion. Google is working with NVIDIA to advance quantum computing design, accelerating the development of next-generation computing devices.

Google C rose by 1.67%, with a trading volume of $3.27 billion. Similar to Google A, Google C is advancing quantum computing design, with its collaboration with NVIDIA viewed as crucial.

Uber fell by 5.34%, with a trading volume of $3.10 billion. Uber's stock price dropped due to competition concerns related to the U.S. government's plan to relax regulations on autonomous driving.

Broadcom increased by 0.50%, with a trading volume of $2.95 billion. Despite a general slump in the semiconductor sector, Broadcom's activity in the options market remains robust, indicating market attention to its future performance.

MARA Holdings fell by 14.07%, with a trading volume of $2.29 billion. The company announced the issuance of $700 million in convertible notes to increase its Bitcoin holdings and has received a target price increase.

JPMorgan Chase dropped by 0.05%, with a trading volume of $2.12 billion. JPMorgan Chase's market share has grown, and it received a credit rating upgrade from S&P, with significant activity in the options market.

Walmart fell by 0.19%, with a trading volume of $2.03 billion. Walmart is set to release its earnings report, with market expectations that its expanding customer base will drive sales growth.
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.