NVIDIA (NVDA) topped the trading volume list with a rise of 1.68% and a total turnover of $30.12 billion. The company's CEO, Jensen Huang, highlighted the overwhelming demand for their forthcoming Blackwell AI "super chip" during a recent interview. NVIDIA also invested $100 million in OpenAI, potentially gaining deeper insights into OpenAI’s chip procurement plans. Products based on the Blackwell chip are set to be available to major cloud service providers like Oracle, Amazon, Microsoft, and Google by the end of the year.
Tesla saw a 3.91% increase with $21.428 billion in trading as investors anticipate an upcoming announcement. Analyst Gene Munster predicts Tesla might unveil new vehicles alongside the highly anticipated Robotaxi.
Apple (AAPL) shares climbed 0.50%, with a turnover of $8.397 billion. Reports suggest the upcoming iPhone SE 4 will feature Apple's in-house 5G modem and an OLED screen, expected to release in the spring of 2025 at prices ranging from $459 to $499.
Meta Platforms rose by 2.26% with a trading volume of $8.333 billion. The company introduced Movie Gen, an AI model capable of generating realistic video and audio from user prompts, seen as competitive with tools from OpenAI and ElevenLabs.
Microsoft experienced a slight decline of 0.12% with $7.965 billion in transactions. Reports indicate that browser companies and advocacy groups have accused Microsoft of unfair practices with their Edge browser, urging EU intervention.
Amazon shares increased by 2.50% with a $7.587 billion turnover. The company plans to expand advertising slots on its Prime Video platform starting next year.
AMD soared by 4.94%, generating $7.492 billion in trading. The company launched the EPYC Embedded 8004 series, designed for embedded networking and security systems, utilizing the latest Zen 4c architecture.
Google (GOOGL) rose 0.72% with $3.168 billion in trades. Notably, Tim Brooks, former co-head of OpenAI's video generator Sora, has joined Google. Additionally, Google threatened to withhold New Zealand news links if a new media payment law passes.
Alibaba climbed 1.50%, with $2.904 billion in trading activity, amid reports of decreasing market control by its digital marketing platform, Alimama.
MicroStrategy saw an impressive 8.02% increase with $2.393 billion in volume as the cryptocurrency sector broadly gained.
