The highest transaction amount in US stock market on Thursday.$NVIDIA (NVDA.US)$The stock rose 2.8%, partially recovering from the huge loss on Wednesday, with a turnover of $38.415 billion. As of the close of trading on Thursday, the stock has fallen more than 6.3%, and may see a decline this week. Product structure, 10-30 billion yuan products operating income of 401/1288/60 million yuan respectively.

The second.$Tesla (TSLA.US)$The stock rose 0.29%, with a turnover of $27.937 billion. According to the California New Car Dealers Association (CNCDA), Tesla's sales in California fell sharply by 24% in the second quarter of 2024.

CNCDA reported on Thursday that Tesla's car registrations in California have fallen 17% so far this year compared to last year. Although Tesla's Model Y still ranks first in the state's auto sales volume list, the brand's overall sales growth appears to have peaked.

This is Tesla's third consecutive quarter of declining registrations, with a decline of 9.8% in the fourth quarter of 2023, 7.8% in the first quarter of 2024, and 24.1% in the second quarter of 2024. From the data, the decline is increasing, especially the decline in the second quarter of 2024, which indicates that Tesla is facing increasing market pressure in California.

The third.$Apple (AAPL.US)$The stock fell 2.03%, with a turnover of $14.863 billion. Renowned analyst Guo Mingchu's latest post stated that despite rumors of increased iPhone 16 orders after Apple's global developer conference, recent fiscal conference calls from the two major Apple suppliers (Taiwan Semiconductor and Largan Precision) suggest that iPhone 16 orders may not have increased.

TSMC said "did not see a sudden increase in sales", and Largan Power said "the orders for high-end models this year are about the same as last year."

Guo Mingchu said: "My understanding is that some suppliers have seen an increase in orders for the iPhone 16 in the second half of 2024, but from the perspective of EMS/assembly, the number of orders for the iPhone 16 has not changed much (about 87 million units), still slightly lower than the number of orders for the iPhone 15 in the second half of last year (about 91 million units). As for the increase in iPhone 16 orders from certain suppliers, it may be related to specific reasons within certain industries or components."

Ranked fourth.$Advanced Micro Devices (AMD.US)$The stock fell 2.30%, with a turnover of $10.87 billion. AMD officially announced that it will launch a brand new Ryzen 9000 series processor on July 31. Prior to the official launch of this product, a processor called Ryzen 5 9600X appeared on the Canadian Amazon website, with a price of about 2,526 yuan.

The fifth.$Amazon (AMZN.US)$The stock fell 2.22%, with a turnover of $9.402 billion. According to a report by $Adobe (ADBE.US)$During the two-day Prime Day event, online sales in the United States increased by 11% to a record $14.2 billion, according to a report from Adobe Analytics on Thursday. Amazon said that this year's Prime Day event set a new record for sales, with more items sold in two days compared to previous years. Adobe said that the increase in sales this year was driven by back-to-school shopping, and related expenses on Prime Day increased by 216% compared to the daily sales level in June 2024. Consumers seeking to upgrade their devices and add new technologies drove a 61% increase in online sales of electronic products by retailers.

The sixth.$Microsoft (MSFT.US)$The stock fell 0.71%, with a turnover of $9.125 billion. Bank of America Securities released a research report indicating that it expects Microsoft's revenue in the fourth quarter of this year to increase by 1%, mainly due to the continued strength of its cloud computing service Azure, the high-end enterprise version package of Office E3/E5, the attractiveness of Microsoft Copilot, an early large language model, and the normalized PC/Windows purchasing environment.

According to Bank of America's expectations, Microsoft's revenue from productivity and business processing (PBP) will be $0.1 billion higher than expected, mainly due to the small growth rate of the business office and the conservative growth outlook of 14%; as for more personal computer (MPC) business, it will be $50 million higher than expected.

Bank of America raised Microsoft's target price from $480 to $510 and reaffirmed its "buy" rating.

The seventh.$Meta Platforms (META.US)$The stock rose 3%, with a turnover of $9.093 billion. According to reports, the US social media giant Meta Platforms is considering investing billions of euros in European eyewear manufacturer Essilor Luxottica. The report stated that Meta is discussing deepening its existing cooperation with the group, and Meta is cooperating with Morgan Stanley.

Meta, Essilor Luxottica and Morgan Stanley declined to comment.

The eighth.$Taiwan Semiconductor (TSM.US)$The stock rose 0.39%, with a turnover of $9.018 billion. The company's Q2 profit and gross margin both exceeded expectations, and analysts welcomed its Q3 margin guidance.

Ranked ninth.$Eli Lilly and Co (LLY.US)$The stock fell 6.26%, with a turnover of $6.559 billion. After Roche Pharmaceuticals announced positive results in clinical trials of its oral weight loss drug, Lilly's stock price continued to be under pressure for the second consecutive trading day. The stock has fallen more than 10% so far this week.

Roche Pharmaceuticals announced on Wednesday that the second candidate drug acquired from Carmot Therapeutics showed positive results, further intensifying competition in the weight loss drug market.

Ranked thirteenth.$Alphabet-A (GOOGL.US)$The stock fell 1.84%, with a turnover of $4.508 billion. The Italian antitrust authority has launched an investigation into online search giant Google. The regulatory agency stated on Thursday that the company and its parent company Alphabet are suspected of unfair business practices.

The regulatory agencies stated in a statement that the consent links sent by Google to users requesting access to their services "may constitute misleading and aggressive business practices," and added that the information provided is "incomplete and misleading."

The 17th$Intel (INTC.US)$Closing up by 1.19%, with a turnover of 2.978 billion US dollars. According to policy experts, the US government's attention to the chip industry will not be affected by this year's election, and it will further restrict the sale of chips to China and strongly support domestic chip manufacturers such as Intel.

Ranked 18th. Fell 1.56%, with a turnover of 2.175 billion US dollars. The company's statistics show that in the first quarter of 2024, its net income was $8.22 billion, a year-on-year decrease of 28%. It is analyzed that the main reason for the decline in profit is the fall in natural gas prices and the deterioration of refinery profit margins.$JPMorgan (JPM.US)$Closing down by 3.18%, with a turnover of 2.627 billion US dollars. Jamie Dimon, the CEO of JPMorgan, said that currently about 2,000 employees are responsible for data and analysis, machine learning research, and other artificial intelligence (AI) related fields, and it may expand to 5,000 people within a few years.

Ranking 20th$Coinbase (COIN.US)$Closing down by 6.37%, with a turnover of 2.114 billion US dollars.

Editor/Somer