No. 1 in US stock turnover on Friday$NVIDIA (NVDA.US)$The closing was 3.46% higher, and the transaction was US$35.189 billion. The chip sector of US stocks was generally higher on Friday.

According to another report, four famous writers have filed a class action lawsuit against software companies. The defendants include Nvidia and Databricks. The writers point out that the input content used to train generative AI models infringes on their copyright.

Second place$Apple (AAPL.US)$The closing was 5.98% higher, and the transaction was US$30.13 billion. Apple reported after the market on Thursday that both revenue and net profit performance for the second fiscal quarter were better than expected, and sales in Greater China also easily exceeded expectations.

Apple also announced the largest share repurchase program ever in the US, saying its board of directors approved an additional $110 billion. The announcement of this plan also marks Apple breaking its own record for the highest amount of US stock repurchases. According to data compiled by market research firm Birinyi Associates dating back to 1999, the tech giant authorized a $100 billion repurchase in 2018.

3rd place$Tesla (TSLA.US)$Sales rose 0.66% to $13.683 billion. Tesla's team responsible for charging electric vehicles said that Musk informed them via email on the evening of April 29 that the entire team had been dismissed, and about 500 people were affected.

There are reports that Musk's move was to save operating costs, but it raised concerns among industry insiders. Because currently almost all car manufacturers that sell electric cars in the US have joined Tesla's supercharging network.

According to the data, Tesla has 2,261 supercharging stations across the US. Musk said on April 30 that Tesla is still planning to increase the number of supercharging stations, but construction will slow down.

Fourth place$Berkshire Hathaway-A (BRK.A.US)$It closed down 0.56% and traded $8.51 billion. The 2024 Berkshire Hathaway Annual General Meeting of Shareholders will be held soon. On May 2, local time, in an interview with reporters, David Barrett (David Barrett), a senior British financial industry practitioner, said that he was most concerned about this annual meeting than information about Buffett's “mystery stocks” that may be revealed at the conference. Barrett told reporters that in the fourth quarter of last year, Buffett bought a large number of shares in a company and asked the US Securities and Exchange (SEC) not to disclose the filing documents. In Barrett's opinion, this is quite unusual.

5th place$Meta Platforms (META.US)$The closing was 2.33% higher, and the transaction was $7.426 billion. The stock has accumulated a cumulative increase of nearly 2% this week, ending the decline it had recorded for three consecutive weeks.

6th place$Advanced Micro Devices (AMD.US)$The closing was up 3.04%, and the transaction was $7.376 billion. According to a research report published by J.P. Morgan Chase, AMD announced results for the first quarter ended at the end of March this year. Sales, profit margins, and earnings per share were all improved, mainly due to quarterly growth in the data center business and the seasonal decline of PC customers that were less than expected. However, the performance of embedded industry solutions and gaming-related businesses was weak during the period, offsetting part of the increase.

Morgan Stanley lowered its target price for AMD from $177 to $176, maintaining the “Overweight” rating. According to the bank, it still takes time to answer the company's long-term competition questions with Nvidia.

Eighth place$Microsoft (MSFT.US)$The closing was 2.22% higher, and the transaction was $7.08 billion. Microsoft recently announced that it will provide security key (passkey) support for Microsoft consumer user accounts.

Furthermore, according to Microsoft's internal email, the 10 billion dollar investment in OpenAI in 2019 was because Google was too far behind. Microsoft's chief technology officer said in an email: “When I did in-depth research to try to understand the competency gap between Google and us in model training, I became very, very worried.”

10th$Super Micro Computer (SMCI.US)$The closing price rose by 2.65% to US$4.109 billion. According to a research report published by Goldman Sachs, the results of ultra-microcomputers for the third quarter of fiscal year 2024 were generally in line with expectations, with revenue of US$3.85 billion compared to the forecast of US$3.96 billion; gross profit recorded US$601 million compared to the forecast of US$593 million. Additionally, the Group's revenue guidance for the 2024 fiscal year was raised to between US$14.7 billion and US$15.1 billion, which means that the estimated revenue for the fourth fiscal quarter is between US$5.1 billion and US$5.5 billion. However, considering rising sales costs due to upcoming liquid cooling components, the company predicts that gross margin will decline on a quarterly basis.

12th place$Eli Lilly and Co (LLY.US)$It closed down 2.77% to $3.387 billion. US pharmaceutical company Amgen reports that the mid-term trial of its new weight loss drug has received positive data, and if the drug is approved, it will work with$Novo-Nordisk A/S (NVO.US)$Wegovy and Eli Lilly compete against Zepbound. Earlier, some media said that Amgen is testing a new weight loss drug. The mechanism of action is different from Novo Nordisk and Eli Lilly's products, which can cause patients to lose weight even if they stop taking the medication.

14th$Broadcom (AVGO.US)$The closing was 3.19% higher, and the transaction was $3.168 billion. The stock dropped 4.9% cumulatively this week.

16th$Amgen (AMGN.US)$It closed 11.82% higher on Friday, with a transaction of US$3,022 billion.

19th place$Booking Holdings (BKNG.US)$The closing was up 3.01%, and the transaction was US$1.944 billion. The company's first-quarter revenue was US$4.415 billion, up 16.9% year over year, exceeding market expectations of US$4.25 billion; net profit was US$776 million, up 192% year over year; and diluted earnings per share were US$22.37, compared to US$7.00 for the same period last year.

The company's adjusted EBITDA was $898 million, and Wall Street expected $718.6 million. Non-GAAP earnings per share of $20.39 exceeded expectations of $14.22.

Editor/jayden