Volume Stonkers | SMIC surged 11.62%, Tesla Hits New High with Optimus Robot Pricing Unveiled
Friday, Nov 22, 2024 4:30 pm ET
2min read NVIDIA, the top stock by trading volume, fell 3.22% with a trading value of $33.408 billion. NVIDIA's CEO Jensen Huang referred to artificial intelligence as a "miracle," but acknowledged that it "cannot accomplish 100% of our work." Meanwhile, Wall Street has been raising NVIDIA's price target and anticipates the Blackwell craze, although Phillip Securities downgraded its rating from a buy to a hold.
Tesla, in second place, rose 3.80% with a trading value of $30.953 billion. Elon Musk revealed that the pricing for the Optimus robot and Robotaxi will range between $20,000 and $30,000, with a target annual production exceeding 1 million units. Tesla also reached a new high since April 2022.
Microstrategy, ranked third, increased by 6.19% with a trading value of $23.560 billion. Microstrategy's chairman, Michael Saylor, announced on social media that "MARA is a company adopting the Bitcoin standard." Bitcoin's approach to $100,000 has become a market focal point.
Microsoft, in fourth place, saw a 1.00% rise with a trading value of $9.441 billion. Citi maintained Microsoft's buy rating and target price of $497. Microsoft is also actively advancing AI development, making it one of the most watched tech companies in the market.
Apple, ranked fifth, rose 0.59% with a trading value of $8.500 billion. Apple plans to enhance Siri's conversational capabilities with more advanced models and is participating in the UK antitrust investigation into the mobile browser sector.
Google A, in sixth place, fell 1.71% with a trading value of $6.106 billion. Google is facing a breakup proposal from the U.S. Department of Justice, yet Wall Street analysts remain optimistic about its future prospects.
Amazon, ranked seventh, decreased by 0.64% with a trading value of $6.085 billion. Amazon announced an additional $4 billion investment in AI startup Anthropic and is collaborating with JD.com to kick off the 2024 Black Friday shopping season.
SMIC, in eighth place, surged 11.62% with a trading value of $5.201 billion. SMIC has risen over 80% in the past six trading days, becoming a star stock in the recent market.
Meta, ranked ninth, fell 0.70% with a trading value of $5.062 billion. Meta is under scrutiny in the options market, and the U.S. Supreme Court has declined to hear its shareholder lawsuit appeal.
Google C, in tenth place, dropped 1.58% with a trading value of $3.987 billion. Google continues to face breakup pressures, and the U.S. Department of Justice's proposal has attracted widespread market attention.
Palantir, ranked eleventh, rose 4.84% with a trading value of $3.862 billion. Palantir has seen active options trading recently, and its directors plan to sell 482,200 shares valued at approximately $29.9568 million.
Coinbase Global, in twelfth place, increased by 3.19% with a trading value of $3.647 billion. Coinbase plans to expand its payment business and pursue more acquisitions to further strengthen its market position.
Snowflake, ranked thirteenth, fell 2.26% with a trading value of $3.460 billion. Citi raised Snowflake's price target from $183.00 to $225.00, maintaining a buy rating.
Advanced Micro Devices, in fourteenth place, rose 0.63% with a trading value of $2.874 billion. Advanced Micro Devices continues to be favored in the market, with its stock price showing steady performance.
Eli Lilly, ranked fifteenth, fell 0.29% with a trading value of $2.678 billion. Eli Lilly's blockbuster drug "Tirzepatide" has applied for its fourth market entry in China, drawing significant market attention.
Netflix, in sixteenth place, rose 0.04% with a trading value of $2.662 billion. Netflix's stock price surpassed the $900 mark, and Bank of America raised its target price to $1,000.
MARA Holdings, ranked seventeenth, increased by 7.65% with a trading value of $2.620 billion. MARA Holdings continues to benefit from the rising price of Bitcoin, showing significant market performance.
Reddit, in eighteenth place, dropped 7.21% with a trading value of $2.515 billion. Reddit's stock price plummeted after Tencent reduced its stake.
Flex, ranked nineteenth, rose 1.90% with a trading value of $2.515 billion. Flex announced Kevin Crum as the Chief Financial Officer, further strengthening its management team.
Palo Alto Networks, in twentieth place, fell 3.61% with a trading value of $2.376 billion. Ayron Securities raised its target stock price to $443, maintaining a buy rating, despite the stock experiencing its worst day in nine months.
Tesla, in second place, rose 3.80% with a trading value of $30.953 billion. Elon Musk revealed that the pricing for the Optimus robot and Robotaxi will range between $20,000 and $30,000, with a target annual production exceeding 1 million units. Tesla also reached a new high since April 2022.
Microstrategy, ranked third, increased by 6.19% with a trading value of $23.560 billion. Microstrategy's chairman, Michael Saylor, announced on social media that "MARA is a company adopting the Bitcoin standard." Bitcoin's approach to $100,000 has become a market focal point.
Microsoft, in fourth place, saw a 1.00% rise with a trading value of $9.441 billion. Citi maintained Microsoft's buy rating and target price of $497. Microsoft is also actively advancing AI development, making it one of the most watched tech companies in the market.
Apple, ranked fifth, rose 0.59% with a trading value of $8.500 billion. Apple plans to enhance Siri's conversational capabilities with more advanced models and is participating in the UK antitrust investigation into the mobile browser sector.
Google A, in sixth place, fell 1.71% with a trading value of $6.106 billion. Google is facing a breakup proposal from the U.S. Department of Justice, yet Wall Street analysts remain optimistic about its future prospects.
Amazon, ranked seventh, decreased by 0.64% with a trading value of $6.085 billion. Amazon announced an additional $4 billion investment in AI startup Anthropic and is collaborating with JD.com to kick off the 2024 Black Friday shopping season.
SMIC, in eighth place, surged 11.62% with a trading value of $5.201 billion. SMIC has risen over 80% in the past six trading days, becoming a star stock in the recent market.
Meta, ranked ninth, fell 0.70% with a trading value of $5.062 billion. Meta is under scrutiny in the options market, and the U.S. Supreme Court has declined to hear its shareholder lawsuit appeal.
Google C, in tenth place, dropped 1.58% with a trading value of $3.987 billion. Google continues to face breakup pressures, and the U.S. Department of Justice's proposal has attracted widespread market attention.
Palantir, ranked eleventh, rose 4.84% with a trading value of $3.862 billion. Palantir has seen active options trading recently, and its directors plan to sell 482,200 shares valued at approximately $29.9568 million.
Coinbase Global, in twelfth place, increased by 3.19% with a trading value of $3.647 billion. Coinbase plans to expand its payment business and pursue more acquisitions to further strengthen its market position.
Snowflake, ranked thirteenth, fell 2.26% with a trading value of $3.460 billion. Citi raised Snowflake's price target from $183.00 to $225.00, maintaining a buy rating.
Advanced Micro Devices, in fourteenth place, rose 0.63% with a trading value of $2.874 billion. Advanced Micro Devices continues to be favored in the market, with its stock price showing steady performance.
Eli Lilly, ranked fifteenth, fell 0.29% with a trading value of $2.678 billion. Eli Lilly's blockbuster drug "Tirzepatide" has applied for its fourth market entry in China, drawing significant market attention.
Netflix, in sixteenth place, rose 0.04% with a trading value of $2.662 billion. Netflix's stock price surpassed the $900 mark, and Bank of America raised its target price to $1,000.
MARA Holdings, ranked seventeenth, increased by 7.65% with a trading value of $2.620 billion. MARA Holdings continues to benefit from the rising price of Bitcoin, showing significant market performance.
Reddit, in eighteenth place, dropped 7.21% with a trading value of $2.515 billion. Reddit's stock price plummeted after Tencent reduced its stake.
Flex, ranked nineteenth, rose 1.90% with a trading value of $2.515 billion. Flex announced Kevin Crum as the Chief Financial Officer, further strengthening its management team.
Palo Alto Networks, in twentieth place, fell 3.61% with a trading value of $2.376 billion. Ayron Securities raised its target stock price to $443, maintaining a buy rating, despite the stock experiencing its worst day in nine months.
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