The highest transaction amount in US stock market on Thursday.$NVIDIA (NVDA.US)$It fell 1.72% and fell for the third consecutive trading day, with a turnover of $51.821 billion. Nvidia partner SMC reportedly raised $0.95 billion to stimulate business development by leveraging the AI server trend.

The second.$Tesla (TSLA.US)$It rose 1.97% with a turnover of $22.336 billion. UBS Group believes that the profit return of Tesla's AI project is far away, but the market has given it too high expectations for its development potential, resulting in its stock price far exceeding its fair value. The bank reiterates its "sell" rating on Tesla.

Tesla CEO Musk said on Tuesday that Tesla's value lies mainly in its autonomous driving technology, but UBS points out that the challenge is that its implementation time and probability of success are not clear.

Jefferies Financial believes that Tesla's Q2 results will not significantly improve market expectations, maintains its "hold" rating, and has a target price of $165.

The third.$Microsoft (MSFT.US)$It fell 2.45% with a turnover of $12.63 billion. There is no sign that Microsoft plans to restrict the entry of Crowdstrike into the Windows operating system. Previously, about 8.5 million Microsoft devices with the system installed were affected by technical failures due to a "defect" in Crowdstrike's software update.

Ranked fourth.$Apple (AAPL.US)$It fell 0.48% with a turnover of $11.2 billion. Market research firm Canalys pointed out that Apple's iPhone shipments in China in the second quarter fell by more than 0.4 million units. Apple's market share in China is 14%, lower than 16% in the second quarter of last year. The company's shipments fell by about 3.9%, while Android phones such as Vivo and Xiaomi, which offer discounts, grew significantly.

The fifth.$Advanced Micro Devices (AMD.US)$It fell 4.36% with a turnover of $8.522 billion. AMD brought a brand-new Zen 5 series architecture to COMPUTEX 2024 and announced consumer-grade processors based on the new architecture, including the Ryzen 9000 series for desktop and the Ryzen AI 300 series processor for mobile. The Ryzen 9000 series uses all Zen 5 cores, while the Ryzen AI 300 series uses a hybrid architecture design, including Zen 5 and Zen 5c cores.

The sixth.$Meta Platforms (META.US)$It fell 1.70% with a turnover of $8.297 billion. The company will release its Q2 2024 financial report on July 31. Citigroup predicts that this quarter Meta may achieve double growth in revenue and operating profit. Hard AI will be discussed based on Citigroup's report around the most concerned issues affecting Meta's valuation.

According to media reports on Thursday, Meta is likely to be fined by the EU for the first antitrust penalty within a few weeks, because it tied the Marketplace classified advertising service with the Facebook social network. Meta spokesperson Matt Pollard told the media: "The EU Commission's claims are baseless."

The eighth.$Alphabet-A (GOOGL.US)$It fell 3.10% with a turnover of $7.602 billion. OpenAI announced on Thursday the prototype of its own search engine. The search engine is called SearchGPT, which aims to provide users with "quick and timely answers and clear and relevant sources".

The company said it eventually plans to integrate the tool into its popular chatbot ChatGPT, which is currently in alpha testing for a small group of users.

Since the launch of ChatGPT in November 2022, Alphabet investors have been worried that OpenAI may take away search market share from Google by offering consumers a new way to get information online.

Through this prototype, OpenAI is testing the waters to achieve this. The company promises users they can search in a "more natural and intuitive way" and ask follow-up questions as if in conversation.

Google researchers analyzed 200 news reports about the abuse of generative AI and found that the proliferation of false information caused by generative AI is rampant on the Internet. But most ironically, Google is one of the major manufacturers of this false information.

Ranked ninth.$ServiceNow (NOW.US)$It rose 13.4%, hitting a new historic high with a turnover of $5.389 billion. The second-quarter sales and order sizes announced by the company exceeded analyst expectations, indicating strong demand for its wide range of cloud platform software tools. Sales based on the new features of enterprise-grade AI tools brought by this company became the most dazzling point in the performance report. The company's CEO, McDermott, pointed out that the demand for generating AI tools among enterprises is very strong.

Ranked thirteenth.$Eli Lilly and Co (LLY.US)$It fell 4.50% with a turnover of $4.499 billion.

16th place.$Ford Motor (F.US)$It fell 18.36%, the biggest single-day drop in 15 years, with a turnover of $2.951 billion. The company attributed its significantly lower-than-expected performance to the soaring warranty costs of older vehicles.

For years, recurring quality issues have pushed up Ford's warranty costs, but the second quarter's $0.8 billion cost surge surprised investors. Chief Financial Officer John Lawler said it was due to a one-time cost spike caused by quality-related issues with models produced in 2021 and earlier.

Ford Motor's Q2 revenue was $47.8 billion, up 6.2% year-on-year, with pre-tax profit of $2.8 billion. Total revenue for the first half of the year was $90.6 billion, up 4.8% year-on-year; net income was $3.2 billion, and pre-tax profit was $5.5 billion. Among them, Ford Model E's Q2 sales were 0.026 million units, with revenue of $1.1 billion and pre-tax losses of $1.1 billion. The average loss per electric vehicle was $0.0423 million (approximately RMB 0.306 million).

The 17th$Edwards Lifesciences (EW.US)$It fell 31.34% with a turnover of $2.907 billion. It is reported that the company has agreed to acquire JenaValve through a merger. Completion of the merger transaction is subject to the terms and conditions set out in the merger agreement, including the fulfilment of customary conditions.

Edited by Jeffrey