icon
icon
icon
icon
Upgrade
Upgrade

News /

Articles /

Volume Stonkers | Tesla rose 8.96%, Microstrategy Hits All-Time High as Bitcoin Surpasses $86,600

Stock SpotlightMonday, Nov 11, 2024 4:30 pm ET
2min read
Tesla rose 8.96%, with a trading volume of $71.512 billion. Tesla's stock price reached a two-and-a-half-year high, raising its total market value to the seventh position in the U.S. market. Additionally, Tesla emerged as a winner following Trump's election victory, causing significant losses for hedge fund short sellers.

Nvidia fell 1.61%, with a trading volume of $26.158 billion. UBS raised Nvidia's target stock price to $185, stating that its financial performance will bolster the stock.

Microstrategy surged 25.73%, with a trading volume of $14.774 billion. Microstrategy's stock price hit an all-time high as Bitcoin surpassed $86,600.

Coinbase Global rose 19.76%, with a trading volume of $13.222 billion. Coinbase experienced consecutive days of gains amid Bitcoin's record rise and Trump's election victory.

Apple dropped 1.20%, with a trading volume of $9.236 billion. The market is focusing on Apple's future growth drivers, with the Vision Pro 2 expected to be released between 2025 and 2026.

Microsoft declined 1.07%, with a trading volume of $8.320 billion. Microsoft is competing with Google in the artificial intelligence sector.

Palantir increased 3.22%, with a trading volume of $6.518 billion. No significant news was disclosed.

Amazon fell 0.64%, with a trading volume of $6.145 billion. Amazon confirmed a data breach of employee information and is developing new smart glasses to enhance delivery speed.

Meta decreased 1.05%, with a trading volume of $5.850 billion. Meta is advancing AI testing amid transparency concerns.

Salesforce rose 6.15%, with a trading volume of $4.483 billion. Salesforce's stock price is nearing an all-time high as the company promotes its AI platform Agentforce.

AMD dropped 0.41%, with a trading volume of $4.244 billion. The AMD Ryzen 9000 series CPUs saw a significant price cut of 28%.

AbbVie fell 12.56%, with a trading volume of $3.522 billion. No significant news was disclosed.

TSMC declined 3.55%, with a trading volume of $3.134 billion. TSMC may suspend production of 7nm and below process chips for some clients.

Alphabet A rose 1.12%, with a trading volume of $2.958 billion. Google's News executive Shailesh Prakash resigned.

MARA Holdings surged 29.92%, with a trading volume of $2.906 billion. MARA Holdings' stock price soared due to Bitcoin's record rise.

Broadcom fell 2.58%, with a trading volume of $2.830 billion. No significant news was disclosed.

Applovin declined 1.23%, with a trading volume of $2.821 billion. Loop Capital raised its target price to $385.

Eli Lilly rose 0.21%, with a trading volume of $2.460 billion. Barclays maintained its buy rating.

Monolithic Power dropped 14.97%, with a trading volume of $2.400 billion. An analyst report accused its power management ICs of performance issues.

Alphabet C increased 1.17%, with a trading volume of $2.227 billion. Similar to Alphabet A, Shailesh Prakash's resignation was a focal point.
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.