No. 1 in US stock turnover on Wednesday$Tesla (TSLA.US)$It closed 0.27% higher and traded $30.71 billion. Musk said in an interview recently that Tesla's $25,000 low-cost electric vehicle project has made significant progress, and the car will be produced at a very high volume. Musk revealed that he reviews plans for the model's production line every week and believes the manufacturing revolution this car will represent will be shocking.

Furthermore, Tesla faced a new setback in the Swedish labor dispute. A court reversed a ruling favorable to Tesla, and Norway's largest private sector union joined the blockade that swept through northern Europe.

The Norwegian Federation of Trade Unions said on Wednesday that unless the US automaker signs a collective bargaining agreement with the Swedish industrial union, it will begin blocking Tesla cars from shipping to Sweden on December 20. Members of the latter went on a month-long strike at seven repair shops in Sweden.

Second place$NVIDIA (NVDA.US)$It closed down 2.29% and traded $17.53 billion. On December 6, local time, Nvidia CEO Huang Renxun said at a press conference held in Singapore that Nvidia is currently cooperating with the US government to ensure that products for the Chinese market will meet the new export restrictions.

Last month, Nvidia told Chinese customers that it will launch a new artificial intelligence product specially for China in the first quarter of next year. On December 6, at a press conference in Singapore, Huang Renxun said that Nvidia has been cooperating closely with the US government to produce products that meet its regulations; Nvidia will provide the Chinese market with a set of new products that meet the latest US government regulations.

At the press conference, Hwang In-hoon added that Nvidia needs to seek advice from the market, and this process will take some time.

3rd place$Apple (AAPL.US)$It closed down 0.57% and traded $7.92 billion. People familiar with the matter said that as part of a five-month market survey under the EU's Digital Markets Act (Digital Markets Act), European Commission officials preferred to grant Apple an exemption from obligations, and the investigation will end in February. Earlier, the supervisory authority initially determined that the iMessage service was not popular enough among enterprise users and was not worth being hit by this regulation.

Furthermore, South Korea's Seoul High Court handed down a second judgment on the 6th in a lawsuit for damages filed by seven South Korean iPhone users against Apple Korea, finding that Apple Korea infringed on iPhone users' right to choose and caused moral damage to users, and ordered Apple to pay 70,000 won (approximately RMB 385) for moral damages to each plaintiff.

Fourth place$Microsoft (MSFT.US)$The closing price fell 1%, and the transaction was US$7.83 billion. On Wednesday night, US antitrust enforcers will continue to argue to block Microsoft's acquisition of Activision Blizzard's deal. Earlier, the judge ruled that the deal did not violate US antitrust laws.

In January 2022, Microsoft announced it would buy Activision Blizzard for $69 billion, the biggest acquisition deal in the history of the game industry. On October 13 this year, after receiving approval from UK regulators, Microsoft announced the formal completion of the deal.

However, the Federal Trade Commission (FTC) is expected to defend a three-judge California appeals court panel on Wednesday, saying that the lower court judges set the appeal standards too high; in fact, they are asking the FTC to prove that the deal is anti-competitive.

5th place$Advanced Micro Devices (AMD.US)$It closed down 1.32% and traded $7.16 billion. AMD has launched a new so-called accelerator hardware product, targeting this emerging market segment controlled by Nvidia. According to the company, its products are capable of running artificial intelligence software faster than competitors' products.

AMD unveiled its highly anticipated MI300 product lineup at an event in San Jose, California on Wednesday. CEO Su Zifeng also gave a jaw-dropping forecast on the size of the AI products industry, saying the industry could grow to over $400 billion over the next four years. This is more than double the number predicted by AMD in August, highlighting the rapid changes in expectations for artificial intelligence hardware.

6th place$Amazon (AMZN.US)$It closed down 1.61% and traded $5.76 billion. Twitch, a streaming company owned by Amazon, announced on Wednesday that it will close its business in South Korea on February 27 due to excessive operating costs and network costs.

Twitch CEO Dan Clancy said in a blog post that operating Twitch in Korea is very expensive, and the company has put a lot of effort into reducing these costs in order to find ways to stay in Korea. Although the company has made some efforts to reduce costs, its network costs in Korea are still 10 times more expensive than in most other countries.

In addition, Amazon announced on Tuesday that starting January next year, it will reduce the commission rate for clothing products that sell below 15 US dollars to 5%; the commission rate for clothing products priced between 15-20 US dollars will be reduced to 10%. Clothing is currently the field most sought after by American consumers for cross-border e-commerce in China, such as SHEIN (Xiyin) and Temu, a subsidiary of Pinduoduo.

Eighth place$Meta Platforms (META.US)$It closed down 0.26% and traded $3.6 billion. US Attorney General Raul Torrez (Raul Torrez) of New Mexico said on Wednesday that the state sued Meta Platform, the parent company of Facebook and Instagram, and its CEO Mark Zuckerberg, alleging that the social media company failed to protect children from sexual abuse, online seduction, and human trafficking.

“Our investigation of Meta's social media platforms shows that they are not safe spaces for children, but rather a primary place for cyber hunters to trade child pornography and lure minors into sexual activity,” Trez said in a statement. Meta has enabled “dozens of adults to find, contact, and compel children to provide pornographic photos of themselves or participate in pornographic videos,” he said.

9th place$Exxon Mobil (XOM.US)$It closed down 1.32% and traded at $3.09 billion. ExxonMobil expects cost cuts to boost profits significantly and drive stock buybacks.

According to another report, shale oil production giants$Pioneer Natural Resources (PXD.US)$The company issued a statement on December 5 saying that the Federal Trade Commission (FTC) has requested the company and ExxonMobil to provide more information about the acquisition deal.

In October, ExxonMobil proposed a $59.5 billion all-stock deal to acquire Pioneer Natural Resources, a deal that would make ExxonMobil the largest oil producer in the Permian Basin.

Pioneer Natural Resources said the two companies are cooperating with the FTC investigation and still expects the deal to be completed in the first half of 2024.

10th$Alphabet-A (GOOGL.US)$It closed down 0.74% and traded $3.07 billion. The 14th Google (GOOG) closed down 0.73% and traded $2.148 billion. On Wednesday, Google unveiled Gemini, which the company considers to be the largest and most capable artificial intelligence model. Currently, the company is facing increasing pressure on how to solve the problem of profiting through artificial intelligence.

According to Google, the large language model Gemini will include a suite of three different specifications: Gemini Ultra, the largest and most powerful tool; Gemini Pro, which can expand various tasks; and Gemini Nano for specific tasks and mobile devices.

11th$MongoDB (MDB.US)$It closed down 10.66% and traded $2.98 billion. The company's performance exceeded analysts' expectations, but its stock holdings were reduced by high shareholders' positions.

14th$Alibaba (BABA.US)$It closed down 1.23% and traded $2.19 billion. On December 6, Alibaba announced that it will pay its first annual dividend for fiscal year 2023 to registered common stock holders and American depository holders (as of December 21, 2023, when the market closes in Hong Kong and New York time). The amounts are $0.125 per common share or $1.00 per American depository share, respectively, payable in US dollars.

16th$Uber Technologies (UBER.US)$It closed up 3.07% and traded $2.01 billion. The company will join after opening on December 18$S&P 500 Index (.SPX.US)$(SPX).

19th place$Palantir (PLTR.US)$It closed down 6.39% and traded at US$1.68 billion.

The following are the 20 most actively traded US stocks on the same day (by turnover):

edit/ruby