On Wednesday, US stocks had the highest turnover.$NVIDIA (NVDA.US)$Nvidia's stock price has risen 19.3% in the five trading days after August 7th, compared to its closing price of last Wednesday. It rose 1.67% with a turnover of $39.583 billion.

According to reports, Nvidia's Blackwell chip has a preliminary yield lower than the original plan. The team led by Timothy Arcuri, an analyst at UBS Group, reported that Nvidia's first batch of Blackwell chips may be delayed for up to 4-6 weeks and are expected to be delayed until the end of January 2025. Many clients will switch to H200 with a shorter delivery time.

Taiwan Semiconductor has begun producing Blackwell chips, but the CoWoS-L packaging technology used in B100 and B200 is relatively complex, leading to some yield challenges and resulting in a lower-than-planned preliminary yield.

The second.$Tesla (TSLA.US)$Tesla's stock price fell 3.10% with a turnover of $14.164 billion on Wednesday. Tesla's stock price fell below $200 briefly during trading. Previously, Goldman Sachs lowered Tesla's target price from $248 to $230 and maintained a Neutral rating.

Goldman Sachs analysts told investors that Tesla's basic gross margin in the auto business is lower than expected, and pricing/incentives and costs are posing challenges to the company.

Goldman Sachs believes that Tesla is still the leader in autonomous driving technology, but it is expected to take two to three years for the company to achieve large-scale conditionally unmanned driving capabilities.

Ranked third, up 0.71%, trading at $8.267 billion. According to media reports, the Apple iPhone 16 series has entered full-scale production, and Foxconn's Zhengzhou factory is expanding its workforce to meet production targets. The expected sales target for iPhone 16 series this year is 90 million units, with a hope to achieve 95 million units. $Apple (AAPL.US)$ Apple rose 0.20% with a turnover of $9.284 billion on Wednesday. Apple announced on Wednesday that it will start allowing third parties to use iPhone's payment chip to process transactions, enabling banks and other service providers to compete with Apple Pay.

The above measures were taken after years of pressure from regulatory authorities, including the European Union. Apple said that developers will be able to use the component from iOS 18.1, the upcoming software update for iPhones. The payment chip relies on the technology called Near Field Communication (NFC) to share information when the phone is near another device.

The new change will allow external service providers to use NFC chips for in-store payments, transit system fares, work ID, home and hotel keys, and reward cards. Apple said support for government ID will be rolled out later. Users can also set third-party payment apps as their default system to replace Apple Pay.

Ranked fourth.$Microsoft (MSFT.US)$Microsoft's Copilot built-in system was recently found to have data leaks. A researcher at Black Hat 2024 revealed a shocking discovery that Microsoft's AI assistant Copilot has multiple security vulnerabilities that attackers can exploit to steal sensitive data and even turn it into a powerful phishing attack tool.

Ranked fifth, up 0.19%, trading at $6.813 billion. Wedbush Securities said that with the performance of companies like Microsoft and AMD, investors' concerns about the monetization of artificial intelligence by a few companies should be alleviated. He said that the performance of Microsoft and AMD 'further convinces us that the AI monetization era is here.' $Alphabet-A (GOOGL.US)$ Google's search business was found to have violated US antitrust laws, and the US Department of Justice is considering a rare measure to split up Google. This would be the first time the US government has considered breaking up a company on the grounds of illegal monopoly since its unsuccessful attempt to break up Microsoft 24 years ago. Other options that the US Department of Justice is considering include forcing Google to share more data with its competitors and taking measures to prevent it from gaining unfair advantages in AI products.

However, no matter what measures the US government finally takes, it may seek a ban on exclusive contracts, which is precisely the core of the Google monopoly case. Insiders also said that if the US Department of Justice pushes ahead with its plan to split up Google, the most likely department to be stripped off will be its Android operating system and web browser Chrome. One of the insiders also said that the US Department of Justice is considering forcing Google to sell its AdWords platform for selling text ads. The authorities are meeting with other companies and experts to discuss their suggestions for curbing Google's power.

However, no matter what measures the US government finally takes, it may seek a ban on exclusive contracts, which is precisely the core of the Google monopoly case. Insiders also said that if the US Department of Justice pushes ahead with its plan to split up Google, the most likely department to be stripped off will be its Android operating system and web browser Chrome. One of the insiders also said that the US Department of Justice is considering forcing Google to sell its AdWords platform for selling text ads. The authorities are meeting with other companies and experts to discuss their suggestions for curbing Google's power.

Google spokesperson declined to comment on possible remedies, and the US Department of Justice spokesperson also declined to comment.

Ranked ninth.$Starbucks (SBUX.US)$Starbucks announced on Tuesday that Brian Niccol has been appointed chairman and CEO, and will take on the new role starting on September 9, 2024. The company's former Indian chairman and CEO, Laxman Narasimhan, was announced by the board to "step down immediately". During the transition of power, Starbucks CFO Rui

Qiu-Ruggeri (Rachel Ruggeri) will serve as interim CEO.

Rachel Ruggeri will serve as interim CEO in the fall.

Nicole can be called the "firefighter" in the dining and consumption industry. She has served as the CEO of the Mexican fast-food chain brand $Chipotle Mexican Grill (CMG.US)$and Taco Bell.

In fact, under the impact of many competitors, Starbucks' performance continued to decline during Nasihan's term. According to Starbucks' FY 2024 data, Q2 revenue fell 2% YoY to $8.56 billion, with net income of $0.772 billion, down $1.496 billion YoY. During the quarter, same-store sales of Starbucks in China and the US markets both declined. This slump was not reversed in Q3.

11th place$Kellanova (K.US)$Up 7.76%, with transaction volume of $3.664 billion. Mars and Kellanova have reached a final agreement, Mars will acquire Kellanova in cash for $83.50 per share, with a transaction value of $35.9 billion.

Ranked thirteenth.$Eli Lilly and Co (LLY.US)$Up 2.60%, with transaction volume of $3.178 billion. Deutsche Bank raised Eli Lilly and Co. from “hold” to “buy” and raised the target price from $725 to $1025, calling the pharmaceutical company a "high-growth unicorn".

Eli Lilly and Co. previously released better-than-expected Q2 results, with the demand for weight-loss drugs still high, and the company raised its full-year guidance, exceeding market expectations. Deutsche Bank analyst James Shin said that the better-than-expected performance "helps ease some of the tensions in the turbulent macro context," and due to its "high-growth prospects and low-beta coefficient," the stock is expected to perform well.

16th place $Micron Technology (MU.US)$ Up 3.05%, with transaction volume of $2.551 billion. Citigroup pointed out in a latest report that market investors have high expectations for the quarterly performance of companies in the technology sector, leading to the actual performance of some companies failing to meet investors' expectations.

But Citigroup analysts are still bullish on the semiconductor industry. Favorable factors put forward by the bank include continued demand for AI products and memory chips in the market.

Micron is Citigroup's top pick. Analysts at the bank believe that due to the reduction in DRAM production capacity, it will continue to drive up DRAM prices in Q3, and now is the time to double down.

Citigroup analysts pointed out, "We expect Micron's guidance to increase when it announces its results in September." From the stock price perspective, the storage chip manufacturer has fallen more than 30% in the past month, hitting the lowest level since February this year.

19th place $Home Depot (HD.US)$ Up 1.60%, with transaction volume of $1.717 billion. Home Depot's same-store sales in Q2 were lower than expected, down 3.3%, and the latest full-year same-store sales guidance is expected to decline by 3% to 4% YoY, far exceeding previous expectations. The CFO stated that a survey of the home furnishings industry in Q2 found that customers not only postponed consumption due to high interest rates, but also were affected by increased economic uncertainty.

Home Depot, the barometer of US consumer spending and the real estate market, has sounded the alarm for weak US consumption again. Same-store sales of Home Depot in Q2 were lower than expected, and the latest full-year same-store sales guidance for the company is far below previous expectations. Piper Sandler lowered Home Depot's target price from $400 to $387.

JPMorgan has lowered Home Depot's target price from $400 to $395.

In 23 years, the company's overall sales volume of 18,000 kiloliters increased significantly by +28.10% year-on-year. In terms of product structure, the operating income of products with value ranging from 1-30 billion yuan was 401/1288/60 million yuan respectively.

Editor / jayden