No. 1 in US stock turnover on Monday$NVIDIA (NVDA.US)$The closing price was 4.35% higher, and the transaction was $46.846 billion. After the stock fell sharply by 10% last Friday, some brokerage firms believe it will return to an upward channel after short-term adjustments. According to another report, Nvidia executives met with Vietnamese ministers on Monday to discuss cooperation.

Second place$Tesla (TSLA.US)$It closed down 3.40% and traded at US$15.155 billion. Tesla will announce its results on Tuesday. Currently, the market expects its operating profit to drop by 40%, and revenue is likely to decline for the first time in four years.

Tesla CEO Musk previously ordered the biggest layoff in the company's history, betting more on next-generation autonomous taxis. People familiar with the trend are uneasy about the changes Musk wants to drive. Dan Ives, an analyst at Wade Bush Securities, warned that it would be an “epic” disaster if Tesla abandons the affordable electric vehicle project. He said Tesla's move would be a gamble that could determine the fate of the electric car maker for the next few years.

Furthermore, Tesla's position in the electric vehicle market in China is being impacted. Musk also cancelled his plans to visit India at the last minute, saying that a large number of Tesla matters need to be handled.

3rd place$Berkshire Hathaway-A (BRK.A.US)$The closing price rose 0.99% to US$11.109 billion. Recently, it was reported that Buffett's Berkshire Company has raised a total of 263.3 billion yen by pricing multi-tier Japanese yen bond transactions. This is the largest yen transaction by an overseas Japanese issuer since the Bank of Japan abolished the negative interest rate system.

The last time Berkshire issued yen bonds was in November of last year, with a total size of 800 million US dollars. Looking vertically, this is the second-largest transaction among the eight Japanese yen bonds issued by Berkshire, second only to the 430 billion yen bond issued for the first time in 2019.

This move has led the market to speculate that Buffett may further increase his investment in the Japanese stock market.

Fourth place$Meta Platforms (META.US)$The closing price was 0.14% higher, and the transaction was $8.318 billion. Meta Platforms recently released two open source Llama38B and Llama370B models for free use by external developers. According to Meta, Llama38B and Llama370B are currently the best performing open source models at the same size. According to reports, Llama 3 is an upgrade to the artificial intelligence model Meta released last summer. It is its latest effort to keep up with similar technology from companies such as OpenAI and Alphabet's Google.

6th place$Apple (AAPL.US)$The closing was up 0.51%, and the transaction was $7.982 billion. According to the French business magazine “Challenges”, Apple has acquired Datakalab, a Parisian startup focused on “artificial intelligence compression algorithms and computer vision technology.” The acquisition was completed in December of last year. The two companies reported the deal to the European Commission this month.

Eighth place$Amazon (AMZN.US)$The closing was 1.49% higher, and the transaction was $6.568 billion. UBS downgraded the ratings of Apple, Amazon, Google, Meta, Microsoft, and Nvidia from increasing holdings to neutral. Most of these companies will release earnings this week.

11th$Alphabet-A (GOOGL.US)$The closing was 1.42% higher, and the transaction was US$4.125 billion. Google's parent company Alphabet will announce financial results for the first quarter of 2024 after the US stock market on Thursday. Wall Street analysts expect Alphabet's first fiscal quarter revenue to reach 78.79 billion US dollars, up 13% from 69.79 billion US dollars in the same period last year; net profit is expected to reach 18.89 billion US dollars, up 26% from 15.05 billion US dollars in the same period last year; and earnings per share are expected to be 1.51 US dollars, compared to 1.17 US dollars for the same period last year.

14th$MicroStrategy (MSTR.US)$Sales rose 12.77% to $2.502 billion. The company is the US stock listed company that holds the most bitcoins.

15th$Taiwan Semiconductor (TSM.US)$The closing was 1.61% higher, and the transaction was US$2,386 million. Citigroup raised TSMC's target price, saying AI and advanced nodes will bring continued growth.

Furthermore, in the early hours of Tuesday morning (April 23, 2024), two earthquakes of magnitude 6 or above occurred in Hualien, Taiwan, China within 10 minutes. TSMC evacuated personnel once. Currently, all the people on duty have rushed to the production line, and there are no reports that production was affected.

18th place$Micron Technology (MU.US)$The closing was 2.20% higher, and the transaction was $2.152 billion. According to reports, Micron Technology has submitted a complete application to the US Department of Commerce's Chip Project Office to seek funding from the US federal government to modernize production of long-life DRAM products at its existing plant in Manassas, Virginia.

19th place$Verizon (VZ.US)$It closed down 4.67% to $2.05 billion. The company reported on Monday that the number of wireless subscribers lost in the first quarter was lower than expected, driven by flexible tariff plans and discounts on streaming service packages.

Financial reports show that from January to March of this year, Verizon lost 68,000 monthly paid wireless phone subscribers. In contrast, analysts' average expectation was to lose 100,000 users. There was a loss of 127,000 in the same period in 2023. For telecom operators, there is usually a seasonal downturn in the first quarter due to the Christmas season just past.

Editor/jayden