On Thursday, Tesla, Inc., the champion of US stock turnover, closed down 0.37% to US $14.37 billion. In second place, Apple Inc closed down 0.23%, with a turnover of US $10.84 billion. The third place, Invida, closed 2.39% higher, with a turnover of US $7.74 billion.
In the early morning of the 19th, Beijing time, U. S. stocks closed higher on Thursday, and the stock index tried to continue its recent rally. The market is watching the Fed's path of raising interest rates in the future and is waiting for next week's annual meeting of the central bank in Jackson Hole. Investors are still digesting the remarks of several Fed officials on inflation and interest rate hikes.
The Dow rose 18.72 points, or 0.06%, to 33999.04; the Nasdaq rose 27.22, or 0.21%, to 12965.34; and the S & P 500 rose 9.70, or 0.23%, to 4283.74.
The market continues to receive results from a number of retailers. The economic data released on Thursday provide first-hand information to judge the state of the employment and real estate market.
There will be more clues when the Fed holds its annual seminar in Jackson Hole, Wyoming, next week, so markets are generally cautious. Investors in U. S. stocks also heard a number of senior Fed officials speak on Thursday.
Top US stock turnover on Thursday$Tesla (TSLA.US)$It closed down 0.37% on a turnover of US $14.37 billion.Tesla, Inc. CEO Musk said on social media on Aug. 18 that Tesla, Inc. 's new cars produced in the first half of each quarter are mainly for export, while more in the second half will be put into the local market.
In response to netizens' questions about side rearview mirrors on Thursday, Musk said that the future of autopilot will not need side rearview mirrors. He also said that the automatic configuration function would be added to the side rearview mirror.
According to Tesla, Inc. 's Chinese official website, Tesla, Inc. Model Y rear wheel drive version is expected to be delivered in 4-8 weeks, compared with 8-12 weeks previously.
Second place$Apple (AAPL.US)$It closed down 0.23% on a turnover of US $10.84 billion.It is reported that Apple Inc may unveil several new products, including the iPhone 14 series, at the launch on Sept. 7, slightly earlier than the previous releases of iPhone 12 and iPhone 13.
Guo Mingyi, an analyst at Tianfeng International Securities, said Apple Inc did so in order to minimise the impact of recession risk on demand. Apple Inc advanced the release and delivery date of iPhone 14, which may be one of the reasons why Apple Inc was optimistic about the outlook for the next quarter during the last earnings call, he said on social media.
Guo Mingyi said that the risk of a global recession is still "rising and unpredictable", so the early launch of iPhone will help avoid the risk of iPhone demand caused by economic contraction.
Third place$NVIDIA (NVDA.US)$It closed 2.39% higher, with a turnover of $7.74 billion.NVIDIA Corp announced an early warning of the second quarter's results last week, saying that the quarter's results were mainly affected by weak game revenue.
But BofA said NVIDIA Corp's new guidance cuts could be "reversed" as the company prepares to launch a range of 5nm products. BofA rated NVIDIA Corp's stock as a "buy" with a target price of $200, noting that NVIDIA Corp's "second price cut" would help clear the way for new Lovelace game chips and data center products before they hit the market.
No. 8$Bed Bath & Beyond Inc (BBBY.US)$It closed down 19.63% on a turnover of US $2.95 billion.RC Ventures, the investment company owned by Ryan Cohen, chairman of Game Station and known as the "king of retail concept stocks", applied on Tuesday to liquidate all its 9.45 million 3B household shares in the next 90 days through JPMorgan Chase & Co Securities. RC Venture is the second largest shareholder in 3B Home.
Wedbush analyst Seth Basham downgraded 3B home stock from "neutral" to "below the market", maintaining its target price at $5. Seth Basham, an analyst, said that in addition to shareholders and executives planning to sell their holdings, the company "faces more pressing issues of cash consumption and the prospect of further financing to support its balance sheet and restore supplier confidence".
No. 10$Cisco (CSCO.US)$It closed 5.81% higher, with a transaction of $1.98 billion.The Internet giant reported better-than-expected fourth-quarter results and issued strong guidance.
After Cisco Systems released his financial results, Morgan Stanley gave him a "neutral" rating and raised his target price from $46 to $48.
No. 13$Wolfspeed (WOLF.US)$It closed 31.86% higher, with a turnover of US $1.65 billion.The company's fourth-quarter revenue was $228 million, a better-than-expected $208 million, and an adjusted loss of 2 cents per share, less than the expected loss of 10 cents per share. The company expects revenue of $2.325 to $247.5 million in the first quarter of fiscal 2023, an adjusted loss of 2-8 cents per share, and a market forecast of 7 cents. CEO said revenue for fiscal 2026 would be 30-40 per cent higher than the $2.1 billion forecast at the end of last year.
15th place$ON Semiconductor (ON.US)$It closed 7.26% higher, with a transaction of $1.37 billion.
No. 18 Chinese listed stock$Alibaba (BABA.US)$It closed up 1.08%, and the deal was 1.21 billion US dollars.
The following are the 20 most actively traded stocks of the day (by turnover):
Edit: ruby