Source: Sina US stocks
Nvidia, the number one in US stock turnover, closed down 1.72% and traded US$39.552 billion on Tuesday. The third-place Tesla closed down 3.76% and traded $13.414 billion.
No. 1 in US stock turnover on Tuesday$NVIDIA (NVDA.US)$It closed down 1.72% and traded at US$39.552 billion. American billionaire and legendary investor Stanley Druckenmiller recently said that after Nvidia's stock price rose from $150 to $900, he reduced his holdings of the company's shares and many others in March, mainly due to profit settlement.
British autonomous driving startup Wayve revealed on its official website on Tuesday that in the latest round of financing, the company raised 1.05 billion US dollars. The lead investor is SoftBank, the new investor Nvidia, and the existing investor Microsoft. Meanwhile, SoftBank has joined Wayve's board of directors as part of the final deal.
Wayve has completed three rounds of financing so far, with a cumulative financing amount of more than US$1,308 million. Investors include famous venture capital fund companies such as Berkey Investments, Balderton, and Compound.
Second place$Apple (AAPL.US)$The closing was 0.38% higher, and the transaction was $14.124 billion. Apple unveiled a new Artificial Intelligence (AI) -focused iPad Pro and a larger iPad Air on Tuesday to revive the tablet product line that had been sluggish for the past two years.
The company unveiled the first redesigned version of the iPad Pro since 2018 at an online conference called “Let Loose” (Let Loose) on Tuesday. The new model is thinner, has an Ultra Retina XDR screen with OLED technology, and is equipped with a faster M4 chip that can handle artificial intelligence tasks. The new iPad Air looks similar to its predecessor, but adds the option for a larger screen and an M2 processor.
The new 13-inch iPad Pro is 5.1 mm thick, and the company says it's the thinnest Apple product ever. The larger version is a quarter pound lighter than its predecessor, while the 11-inch model weighs less than a pound.
The media claimed that its new iPad Pro equipped with an M4 processor was Apple's “first truly AI-driven device,” thus officially opening the “AI era” of Apple devices.
3rd place$Tesla (TSLA.US)$It closed down 3.76% and traded at US$13.414 billion. Tesla is facing stricter federal scrutiny of autonomous driving systems, and America's top automotive safety regulator is seeking data to help determine if the company's largest recall ever has improved the safety of its driver-assistance systems.
Furthermore, according to reports from an internal memorandum to employees backed by local German media, Tesla will suspend night shift production at its Glenheide plant from Wednesday (May 8, 2024) local time, and resume night shift production on Sunday. The move was due to protests against factory expansion, which are expected to continue for several days.
Fourth place$Microsoft (MSFT.US)$It closed down 1.02% and traded $8.221 billion. Microsoft said it will shut down four game studios acquired in 2020 when it announced the $7.5 billion deal to acquire ZeniMax Media. These studios are part of ZeniMax's Bethesda Software division, which is known for producing popular series such as Fallout and Doom. A spokesperson said that some of the affected employees will be transferred to another Microsoft studio. The move will give the company the ability to increase investment in other parts of the portfolio and focus on other priority games.
Microsoft has been accused of anti-competitive conduct in Spain. Currently, the outside world is increasingly scrutinizing the tech giant's influence in the cloud computing market. Asociación Espanola de Startups, representing 700 companies, submitted an official complaint to the Spanish Antitrust Supervisory Authority (CNMC) on Monday, accusing Microsoft of using its dominant position in the software market to force people to use its cloud services.
5th place$Berkshire Hathaway-A (BRK.A.US)$The closing was 0.4% higher, and the transaction was $7.939 billion.
7th place$Amazon (AMZN.US)$It closed 0.03% higher. At one point, it reached a record high in the intraday period, trading at $64.23. Amazon plans to spend $9 billion to expand its cloud computing infrastructure in Singapore. The company said on Tuesday that this expenditure will be completed within the next four years and will double Amazon's Cloud Computing Business (AWS) investment in Singapore. This helps meet the growing demand for cloud computing services from customers and accelerates the adoption of artificial intelligence.
14th$Palantir (PLTR.US)$The closing price fell 15.11% to US$3.495 billion. The company's revenue for the first fiscal quarter was US$634 million, and analysts expected US$615.8 million; adjusted earnings per share were US$0.08, and analysts expected US$0.079. The company expects revenue of US$649 million to US$653 million for the second fiscal quarter, and analysts expect US$653 million.
17th$Eli Lilly and Co (LLY.US)$The closing price was 1.45% higher, and the transaction was $2,229 million. Eli Lilly said on Tuesday that an independent advisory panel from the US Food and Drug Administration (FDA) will discuss on June 10 whether the agency should approve its Alzheimer's drug, donanemab (Donanemab). If approved, donanizumab will compete with Eisai and its partner Baijian, a similar treatment called Leqembi, which was approved by the US Food and Drug Administration last year. Donanemab has faced two different regulatory delays in the US. Once in January 2023, the US Food and Drug Administration declined to expedite approval, and on March 8, the agency said it would hold another discussion.
edit/lambor