No. 1 in US stock turnover on Thursday$Tesla (TSLA.US)$The closing was a sharp drop of 12.13%, and the transaction was US$36.5 billion.

Tesla's Q4 revenue was US$25.17 billion, up 3% year over year, lower than analysts' expectations of US$25.87 billion; adjusted earnings per share were $0.71, a sharp drop of 40% year over year, or less than the expected $0.73. Tesla blamed the decline in profit on the lower average sales price of its vehicles and “increased operating expenses driven in part by artificial intelligence and other R&D projects.” The gross profit margin was 17.6%, the lowest level since 2019. The year-on-year decline was more than 600 basis points, falling short of the 18.1% expected by analysts.

According to Tesla, the company is currently in between two major waves of growth, and the growth rate of production, delivery, and delivery volume in 2024 may be significantly lower than in 2023. Tesla has not announced its delivery target for this year. For a long time, Tesla has set its multi-year average annual growth rate of 50%.

Goldman Sachs gave Tesla a “neutral” rating, with a target price of $255.

Second place$NVIDIA (NVDA.US)$It closed up by 0.42%, setting another record high closing record, with a transaction of US$29.48 billion. Nvidia CEO Hwang In-hoon met this week$Taiwan Semiconductor (TSM.US)$The CEO of discussed restrictions on the supply of artificial intelligence products, which is a major challenge to the artificial intelligence boom beginning in 2023.

According to information, during this meeting, Huang Renxun discussed TSMC's role as a manufacturer of Nvidia products, and that these products currently power most generative AI training systems around the world.

3rd place$Advanced Micro Devices (AMD.US)$It closed 1.17% higher, a record high for closing at US$22.92 billion. NewStreet Research analyst Pierre Ferragu raised AMD's rating from “hold” to “buy” and set a target price of $215.

Prior to that, Wedbush analyst Matt Bryson on Tuesday reaffirmed AMD's “outperforming the market” rating and raised AMD's price target from $130 to $200.

Fourth place$Apple (AAPL.US)$It closed down 0.17% and traded $10.65 billion. Apple is undertaking a historic overhaul of its iOS, Safari browser, and App Store (App Store) products offered in the EU market in an attempt to appease regulators that will implement strict new anti-monopoly regulations.

The company said on Thursday that the reform will allow users to download software from outside of the App Store for the first time. They will also be able to use alternative payment systems and be able to choose a different default web browser more easily. This is in response to two common complaints from developers and legislators.

These major changes will be covered in Apple's iOS 17.4 operating system, which is scheduled to be released in March. This is a direct response to the EU's new Digital Markets Act. The bill imposes severe restrictions on the biggest tech companies and strengthens the European Commission's powers as the region's antitrust enforcement agency. However, Apple is challenging the relevant regulations through the European Court of Justice.

5th place$Microsoft (MSFT.US)$It closed 0.57% higher, reaching a record high of US$8.48 billion. Microsoft's closing market capitalization reached $3 trillion for the first time.

Microsoft will lay off 1,900 workers in its video game division, including Activision Blizzard, which just completed its $69 billion acquisition at the end of last year. In an email to employees, the head of Microsoft's gaming business$Phil (3267.JP)$ Spencer wrote that the number of layoffs this time accounted for about 8% of Microsoft's 22,000 gaming department employees.

“Together, we identified priorities, identified areas of overlap, and ensured that we were consistent on the best opportunities for growth,” Spencer wrote.

6th place$UnitedHealth (UNH.US)$It closed down 3.86% and traded $7.12 billion.

9th place$IBM Corp (IBM.US)$It closed 9.49% higher, the biggest one-day increase since 2001, with a transaction of US$5.69 billion. Although the company anticipates layoffs, it has made optimistic predictions for revenue and cash flow for 2024.

The company said in a statement on Wednesday that it expects annual free cash flow to December to reach approximately $12 billion. Analysts expected an average of $10.9 billion, according to data compiled by Bloomberg. The company also said that revenue will grow in “mid-single digits.” Analysts expect sales to increase by around 3%.

In recent years, IBM has focused on streamlining software and service-related businesses and divesting management infrastructure, weather, and health businesses. The Armonk, New York-based company said it will also lay off workers at a low single-digit rate this year. The company has also launched new products to cater to growing interest in artificial intelligence.

11th$Netflix (NFLX.US)$The closing price was 3.14% higher, and the transaction was US$5.24 billion. The latest financial report shows that by the end of December 2023, the number of paid streaming members worldwide reached an impressive 260.2.8 million, an increase of 12.8% over the previous year. This year, the streaming giant added 29.53 million new paying subscribers worldwide.

According to a research report published by Bank of America Securities, Netflix's performance in the fourth quarter of last year was strong, with a net user growth of 13.1 million, which greatly exceeded market expectations. It is predicted that due to the weakening US dollar exchange rate and the positive impact of operations in the fourth quarter, operating profit margin for the first quarter of this year will rise to 26.2%. The number of new users is expected to decline quarterly, but the year-on-year comparison is expected to record growth.

Bank of America reiterated its “buy” rating on the company, and the target price was raised from $585 to $650.

UBS raised the Netflix price target from $560 to $570, with a “buy” rating.

13th place$Boeing (BA.US)$It closed down 5.72% and traded $4.45 billion. Following “unacceptable” quality issues, the FAA increased pressure on Boeing on the evening of the 24th to prohibit the troubled aircraft manufacturer from expanding the production scale of its best-selling 737 MAX narrowbody airliner.

The report said that this unprecedented decision seems bound to exacerbate Boeing's chaos, although at the same time the FAA agreed to allow the Boeing 737 MAX 9 to resume flying after completing related inspections.

$Alaska Air (ALK.US)$It said on Thursday that due to the grounding of the Boeing 737 MAX aircraft, flight capacity dropped by one-third in January. According to the company, it is expected that Boeing will pay full compensation for the damage caused by the grounding of the flight.

14th$Alphabet-A (GOOGL.US)$The closing price rose 2.13% to a record high of US$4.41 billion. Google Cloud has established a strategic partnership with the American company Hugging Face. This collaboration aims to collaborate on open science, open source, cloud computing, and hardware to advance the development and application of artificial intelligence technology.

Under the partnership agreement, Hugging Face will provide its latest open model, while Google Cloud will provide the latest cloud computing and hardware features.

15th$Intel (INTC.US)$The closing was 0.94% higher, and the transaction was US$4.08 billion. Intel's revenue for the fourth fiscal quarter was US$15.41 billion, with analysts' expectations of US$15.17 billion; earnings of 0.54 US dollars per share after the fourth fiscal quarter; expected revenue of US$12.2 billion to US$13.2 billion, and analysts expected US$14.25 billion; projected adjusted earnings per share for the first fiscal quarter of $0.13, analysts expected $0.34; projected adjusted gross margin of 44.5% for the first fiscal quarter, and 45.5% of analysts' expectations.

16th$Humana (HUM.US)$Receipts fell 11.69% to $3.85 billion. The company's revenue for the fourth fiscal quarter was $26.46 billion, which is expected to be $25.41 billion; adjusted loss per share was $0.11, and earnings per share were expected to be $1.82. The company expects adjusted earnings per share in 2024 to be around $16.00, and the market forecast is $29.18.

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