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Top 20 of US stock turnover on August 30th: Apple Inc iPhone13 may adopt Leo satellite communication mode.

新浪財經 ·  {{timeTz}}

In the early morning of the 31st Beijing time, US stocks closed mixed on Monday. The Dow closed down slightly, and a general rise in technology stocks pushed the Nasdaq up 0.9%. The market is still digesting the Fed chairman's speech on Friday. Investors are keeping a close eye on a number of economic data to be released this week, the most important of which is the August non-farm payrolls report.

The Dow fell 55.96 points, or 0.16%, to 35399.84; the Nasdaq rose 136.39 points, or 0.90%, to 15265.89; and the S & P 500 rose 19.42 points, or 0.43%, to 4528.79.

On Monday, the Nasdaq rose as high as 15288.08, while the S & P rose to 4537.36, an all-time high.

Technology stocks led the market. Microsoft CorpAnd NetflixIncreased by about 1.3%, Apple IncThe price is 3% higher.

Shares of Affirm Holdings (AFRM), a US ecommerce installment service provider, surged more than 40 per cent. AmazonA partnership with Affirm was announced last Friday to offer installment options to users for the first time and will be rolled out more widely in the coming months.

Morgan StanleyAnalyst James Faucette believes that Amazon.Com Inc's about 150 million Prime members in the United States will help Affirm accelerate growth, and the number of active consumers of Affirm in the United States is expected to grow to about 18 million by the end of 2023, higher than the previous forecast of 11.4 million. Morgan Stanley raised the target price for AFRM to $120 from $73, maintaining a rating that outperformed the market.

The financial sector lagged behind. Capital One closed down 6%, Wells Fargo & CoDown 2.8%.

Apple Inc became the top US stock trading volume on Monday, with the stock closing 3% higher with a turnover of $13.73 billion. The upcoming Apple Inc iPhone 13 is expected to adopt low Earth orbit (LEO) satellite communication mode, according to a new research report released by Tianfeng International analyst Guo Mingyi.

If Apple Inc turns on the satellite communication software function, it will allow users to talk and communicate even if they are not covered by 4G/5G. In terms of technology and service coverage, the LEO satellite communications service provider "most likely to cooperate with Apple Inc in technology and service coverage" is Globalstar. Global Star closed up 64% on Monday with a turnover of $1.18 billion.

Tesla, Inc. ranked second in US stock turnover on Monday.It closed 2.7% higher, with a deal of $13.29 billion. Last week, several foreign media quoted data from research institutions as saying that by the end of the second quarter of this year, Tesla, Inc. Model 3 had delivered 1.03 million vehicles worldwide, making it the first electric vehicle in the world to deliver more than 1 million vehicles.

In terms of current production and delivery volume, Model Y will be the next Tesla, Inc. electric vehicle to deliver more than 1 million vehicles. Since delivery began last year, Model Y has overtaken Model 3 to become the highest-delivered Tesla, Inc. electric vehicle in multiple markets.

In third place, Amazon.Com Inc Company closed 2.2% higher, with a transaction of US $10.73 billion. Amazon.Com Inc announced last Friday a partnership with Affirm Holdings, a US e-commerce installment service provider, to offer installment options to users for the first time and to promote them more widely in the coming months.

Affirm Holdings, which works with Amazon.Com Inc, closed up 46.7% on Monday, ranking 10th on today's u.s. stock trading list with a turnover of $4.31 billion.

In sixth place, Moderna Inc closed down 3%, with a turnover of US $5.78 billion. The US Food and Drug Administration (FDA) updated the drug label of the company's COVID-19 vaccine, adding "neurological disorders, syncope" to the entry for "adverse reactions". In addition, after unidentified impurities in the Moderna Inc and COVID-19 vaccine were reported in many places in Japan, the Ministry of Health and Labor said on Saturday that two people had died after being injected with the potentially problematic Moderna Inc COVID-19 vaccine.

The ninth AMC cinema chain closed 6.1% higher, with a turnover of US $4.73 billion. According to previous filings disclosed by the Securities and Exchange Commission, the US stock market may soon usher in the first ETF composed of MEE shares. AMC is one of the well-known "retail holding stocks" (also known as MEE stocks).

PayPal, the 11th online payment platform in the United States, closed 3.6% higher with a transaction of $4.17 billion. The company announced last week that it would offer cryptocurrency trading services in the UK.

The 15th closed 38.2% higher, with a turnover of $2.65 billion and a market capitalization of $880 million. The stock rose nearly 200 per cent last week.

Only Baba is among the top 20 Chinese stocks in today's US stock turnover.The stock closed 1.8% higher at $3.81 billion.

The following are the 20 most actively traded stocks of the day (by turnover):

(screenshot from Sina Finance APP quotes-US stocks-market sector slips to the left for more data)Download Sina Finance APP

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