Source: Global Market Report On Monday, the turnover of US stocks ranked first, closing up 0.75% with a turnover of $38.014 billion. Since the opening on June 10, Nvidia's stock has been trading at adjusted prices after the split. The overall value of Nvidia is not expected to change after the split, and the lower stock price will make it easier for investors to reach. In terms of product structure, the operating income of 10-30 billion yuan products is respectively 401/1288/60 million yuan.

Nvidia, the top trading volume in the U.S. stock market on Friday, $NVIDIA (NVDA.US)$ fell 0.03%, with a turnover of $28.365 billion. Nvidia has accumulated a 15.83% increase for the week, almost completely offsetting the losses suffered last week.

Nvidia CEO Jensen Huang said on Wednesday at the Goldman Sachs Technology Conference that Taiwan Semiconductor Manufacturing Company (TSMC) is far ahead in chip manufacturing and Nvidia is highly reliant on TSMC to produce its most important chips. However, geopolitical tensions have increased the risk and may cut off Nvidia's connections with key suppliers. But if necessary, Nvidia can transfer orders to other suppliers.

Huang Renxun (Jensen Huang), CEO of Nvidia, said that Nvidia is heavily dependent on Taiwan Semiconductor Manufacturing Company (TSMC) to produce its most important chips, because TSMC is far ahead in chip manufacturing. However, Nvidia has independently developed most of the company's technology and should be able to transfer orders to other suppliers. He said that although TSMC's technology and response capability are very good, Nvidia is ready.

Huang also revealed that Nvidia has developed many technologies independently, which should allow Nvidia to transfer orders to other suppliers, but the downside is that it may lead to a decline in chip quality.

2nd place. $Tesla (TSLA.US)$ Up 0.21%, trading volume of 13.666 billion USD. Tesla rose 9.28% this week. As the Tesla third-quarter delivery report date of October 2 approaches, analysts are adjusting their expectations for the company's delivery volume.

Canaccord analyst has lowered the previous forecast of 0.48 million car deliveries to 0.4692 million cars. Meanwhile, Guggenheim predicts that Tesla will deliver 0.456 million cars in the third quarter. Currently, analysts generally expect deliveries of 0.459 million cars in the third quarter. By comparison, Tesla delivered 443,956 cars in the second quarter and 435,059 cars in the same period last year.

Some Wall Street banks have also lowered their expectations for Tesla's third-quarter earnings per share to accommodate more aggressive pricing in certain markets.

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. $Apple (AAPL.US)$ Down 0.12%, trading volume of 8.106 billion USD. On Tuesday, Apple held a press conference and officially announced the release of new smart phones iPhone 16, headphones AirPods, and smart watch Apple Watch.

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.' $Adobe (ADBE.US)$ Fell by 8.47%, trading volume of 5.565 billion USD. As of the quarter ending August 30, 2024, Adobe's revenue was $5.41 billion, up 10.6% from $4.89 billion in the same period last year.

High interest rates and a difficult economic situation have led businesses and individuals to focus on cost-cutting, putting pressure on Adobe's growth. Adobe expects revenue for the next quarter to be between $5.5 billion and $5.55 billion, lower than analysts' expectations.

Investors have expressed doubt about the profitability of Adobe's newly released AI tools. UBS Group has lowered Adobe's target price from $560 to $550.

Ranked seventh. $Amazon (AMZN.US)$ Fell by 0.27%, trading volume of 4.959 billion USD. Amazon announced on Thursday that it is investing over $2.1 billion in its delivery service partner program. The company stated that this funding will be used for safety projects, rate cards, training, value-added services, and incentives. Over the past six years, the company's total investment in small business delivery service programs has reached $12.3 billion.

Amazon said: "In order to help DSP (Digital Service Platform) provide drivers with higher wages and benefits, we will invest an additional $0.66 billion next year to increase DSP rate cards and bonuses. We expect that our investment will help DSP raise drivers' wages to nearly $22.00 per hour on average nationwide (depending on their location), an increase of 7% from last year." It is reported that many DSPs have already paid their drivers more than $22 per hour.

The eighth.$Broadcom (AVGO.US)$It closed up 1.90%, with a turnover of $4.961 billion. The stock has risen 22.4% cumulatively this week. OpenAI has decided to collaborate with American companies Broadcom, Marvell, and others to develop its custom ASIC chips. It is predicted that OpenAI will become one of Broadcom's major customers.

Rank 9. $Alphabet-A (GOOGL.US)$It closed up 1.79%, with a turnover of $4.651 billion. Google announced on Friday that it will introduce a series of new security adjustments to enhance the protection of personal data during web browsing. One of these adjustments is an enhancement to Chrome's security check feature, which runs automatically in the background and takes additional proactive measures to protect users' security.

Another important measure is based on Google Safe Browsing's blacklist, which automatically revokes notification permissions for websites that may abuse them. This approach prevents websites from inducing users to grant unnecessary permissions, thereby reducing the risk of privacy breaches for users.

Ranked thirteenth.$Boeing (BA.US)$Falling 3.69%, with a turnover of 3.007 billion US dollars. Boeing has experienced the largest strike in the past 16 years, forcing the suspension of production of its best-selling 737, 777, and 767 jetliners, further hitting the already troubled Boeing.

The strike began on Friday, September 13th in the Eastern Time Zone. After the refusal of the union leaders and Boeing executives' four-year labor agreement that would have increased workers' wages by a total of 25%, 0.03 million3 mechanics stopped working and organized picket lines to prevent other employees from entering the production sites.

The agreement failed to meet the union members' demand for a 40% wage increase over four years, resulting in Boeing union members rejecting the contract recommended by union leaders for the first time in 16 years.

The strike may affect the production of Boeing's best-selling aircraft models and worsen Boeing's cash flow. Some institutions estimate that the strike could result in losses of between 3 billion and 3.5 billion US dollars for Boeing.

In addition, Boeing is facing the risk of being downgraded to "junk" credit rating. Several institutions publicly stated on Friday that they are evaluating whether to downgrade Boeing's rating. Once Boeing's credit rating is downgraded to "junk" status, its borrowing costs will increase, which is undoubtedly a further blow to Boeing.

15th place.$Uber Technologies (UBER.US)$Up 6.45%, with a turnover of 2.187 billion dollars. Uber announced on Friday that it will launch a self-driving taxi service in Austin and Atlanta in partnership with Alphabet's Waymo from early 2025.

Both companies stated that in Austin and Atlanta, Uber customers can call Waymo's self-driving taxi services through the Uber app, and these services can only be provided through the Uber app. In San Francisco and Los Angeles, passengers can also book ride services through the Waymo app.

Ranking 17th. $Micron Technology (MU.US)$ Up 4.60%, with a turnover of 1.927 billion dollars. This week, Raymond James lowered Micron Technology's target price from $160 to $125; BNP Paribas downgraded Micron Technology's rating from 'outperform' to 'underperform' and lowered the target stock price from $140 to $67.

The downward adjustment of Micron's target price reflects the recent slowdown in sales growth in the non-high-bandwidth memory DRAM and NAND market. However, Raymond James believes that this is only a temporary slowdown and expects the upward cycle of DRAM to continue until the second half of 2025.

Analyst Karl Ackerman of BNP Paribas believes that Micron's lackluster performance will continue. The company reached a high point of $153 in mid-June but has been mostly declining since then.

Editor/Rocky