Source: Sina US stocks

No. 1 in US stock turnover on Monday$NVIDIA (NVDA.US)$It closed down 2.48% to US$38.965 billion. Evercore Inc. gave Nvidia an initial rating of outperforming the market. The target price is $1,160, which means the stock is expected to rise another 35% from the current level.

Citi launches a 90-day positive factor observation period for Nvidia.

Second place$Tesla (TSLA.US)$It closed down 5.59% to $16.446 billion. Tesla CEO Musk sent an email to all employees on Monday announcing global layoffs of more than 10%. According to an internal letter quoted by the report, Musk said, “Over the years, we have grown rapidly and opened many factories around the world. As it grew, some departments experienced duplication of roles and job functions. As we prepare for the next phase of the company's growth, it is extremely important to focus on all aspects of cost reduction and efficiency.”

In an internal letter, Musk called the layoffs a “difficult decision” and said “there's nothing I hate more than this, but we have to do it.” According to documents submitted by Tesla to the US Securities and Exchange Commission, by the end of 2023, Tesla had more than 140,000 employees worldwide. In other words, this layoff will involve at least 14,000 people.

3rd place$Apple (AAPL.US)$It closed down 2.19% to $12.798 billion. According to the latest report released by the research institute IDC, Apple's smartphone and iPhone shipments in the first quarter were 50.1 million units, down 9.6% from 55.4 million units in the same period last year. Among the top five smartphone brands, Apple had the biggest year-on-year decline in the first quarter, and Samsung regained the sales championship.

Cantor Fitzgerald said that Apple stock has not performed well since this year, creating a good opportunity for investors to buy before favorable factors related to artificial intelligence (AI) appeared. Apple's stock price fell 9.3% this year, while$NASDAQ 100 Index (.NDX.US)$It rose 7.8%. Poor performance reflects weak revenue growth trends, lack of artificial intelligence strategies, and excessive price-earnings ratios, but “we are at the turning point of these issues,” said Eric Johnston, head of cross-assets and equity derivatives at Cantor Fitzgerald.

6th place$Amazon (AMZN.US)$It closed down 1.35% and traded $8.905 billion. On April 15, OpenAI announced the establishment of the company's first office in Asia in Tokyo, Japan, to expand its business to Asia, and will release a GPT-4 customized model optimized for Japanese. Tadao Nagasaki, the former president of Amazon Cloud Computing (AWS) Japan, will lead OpenAI's Japan business.

7th place$Microsoft (MSFT.US)$It closed down 1.96% and traded $8.466 billion. Rubrik, a Microsoft invested cloud computing and data security startup, plans to conduct an initial public offering (IPO) to raise up to $713 million. The company's proposed issue price is US$28 to US$31 per share, and the number of shares to be sold is expected to reach 23 million shares.

Eighth place$Meta Platforms (META.US)$It closed down 2.28% to $6.818 billion. Meta Platforms wants to bring its VR headsets to the education sector. META is preparing to launch a new education product. This unnamed technology will allow teachers to simultaneously program and manage multiple students' headsets and allow them to access educational apps on the company's Quest devices.

9th place$Salesforce (CRM.US)$It closed down 7.28% and traded $5.088 billion. Saifushi negotiates to buy a data manager$Informatica (INFA.US)$The deal is nearing completion. The two companies may announce the deal in the short term, but the price per share may be lower than Informatica's current share price of $38.48.

10th$Alphabet-A (GOOGL.US)$It closed down 1.82% and traded at US$4.246 billion. According to reports, Japan's antitrust regulators are planning to push Google to take the initiative to reform its business practices because Google's search advertising cooperation with Yahoo is suspected of being unfairly restricted. According to people familiar with the matter, Japan's Fair Trade Commission has been investigating the keyword-targeted search advertising technology provided by this company to Yahoo. Google is believed to have submitted an improvement plan to prevent the problem from happening again, and the agency is expected to accept the plan soon. In 2010, the two companies reached a cooperation agreement. According to the agreement, Yahoo can use Google's search engine and distribution system to run keyword-targeted advertisements. In the mid-2010s, Google asked Yahoo to stop showing mobile ads related to searches on third-party sites, and Yahoo amended its contracts with customers accordingly. In 2022, the Fair Trade Commission launched an investigation into whether Google's actions constituted unfair acts under Japan's anti-monopoly law. According to reports, Google has withdrawn its request to Yahoo in response.

13th place$Broadcom (AVGO.US)$The closing price fell 2.48% to US$32.28 billion.

16th$Coinbase (COIN.US)$ It closed down 9.09% to $2,632 billion. Coinbase has filed an interlocutory appeal against the judge's decision on the US SEC lawsuit last month, providing sufficient reasons for differences of opinion. In its motion, Coinbase will appeal whether the SEC has the right to trade digital assets as investment contracts.

According to reports, the interlocutory appeal is unlikely to be granted. Last year, the SEC tried to file an interlocutory appeal against Ripple, but it was ultimately rejected. Next, the case will go to trial and be submitted to a jury, but this process may not begin until 2025. The SEC and Coinbase must also submit a proposed case management plan by April 19. Coinbase was sued by the SEC last year for allegedly acting as an unregistered exchange, broker, and clearing house. The SEC also questioned Coinbase's staking and wallet services.

17th$Goldman Sachs (GS.US)$The closing was 2.92% higher, and the transaction was $2,492 billion. Goldman Sachs's net revenue for the first fiscal quarter was US$14.21 billion, up 16.3% year on year; net profit attributable to ordinary shareholders was US$3,931 million, up 27.3%.

19th place$MicroStrategy (MSTR.US)$It closed down 9.71% to $2,243 billion. Monday$Bitcoin (BTC.CC)$It fell below $63,000/piece.

edit/lambor