The highest transaction amount in US stock market on Thursday.$NVIDIA (NVDA.US)$Up 3.37%, with a turnover of 33.918 billion US dollars. Huang Renxun, the CEO of nvidia, stated, "The Blackwell artificial intelligence chip is in full production, with demand reaching a crazy level."

According to reports, so far this year, insiders at nvidia have already cashed out stocks worth over 1.8 billion US dollars, and more sell-offs are on the way. Based on data compiled by Washington Service, nvidia executives and directors sold nearly 11 million shares of nvidia stock in 2024, the highest in a year since 2020.

Although this portion of stocks accounts for only a small part of nvidia's issued stocks, investors are feeling uneasy about how long nvidia can continue to postpone the launch of the Blackwell series chips and ai-related expenses amidst a significant number of nvidia insiders cashing out.

It is worth noting that Nvidia insiders also plan to further sell their Nvidia holdings. Nvidia CEO Jensen Huang recently completed a prearranged trading plan, selling 6 million Nvidia shares. A trust controlled by Nvidia director Mark Stevens has applied to sell another 3 million Nvidia shares, after selling 1.6 million Nvidia shares earlier this year.

The second.$Tesla (TSLA.US)$Dropped by 3.36%, with trading volume of $19.563 billion. Tesla has applied to the National Highway Traffic Safety Administration (NHTSA) in the USA to recall 27,185 2024 Cybertruck electric trucks.

This is the fifth recall of this stainless steel body electric pickup truck since it first hit the road at the end of 2023.

It is reported that these Cybertruck rear view cameras have image delay issues when transmitted to the display screen, posing a safety risk and violating federal laws.

NHTSA stated that the root cause of this issue is that the system does not complete the shutdown process before restarting. If the driver starts reversing before the system completes the restart process, the reverse image may be delayed by 6 to 8 seconds before appearing.

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. $Apple (AAPL.US)$ Dropped by 0.49%, with trading volume of $7.655 billion. Apple CEO Cook sold over 0.22 million shares of Apple stock, cashing out over $50 million. According to a document from the U.S. Securities and Exchange Commission (SEC), Cook made over $50 million in profit by selling 223,986 shares of Apple stock.

Earlier this week, Cook also received an additional 219,502 shares of Apple stock. Among them, 54,876 shares are scheduled to be granted in increments of one-third in 2027, 2028, and April 2029.

Ranked fourth.$Meta Platforms (META.US)$Closing up 1.74%, with a turnover of 6.703 billion US dollars. The company announced on Wednesday that it has established a partnership with the UK's NatWest and Metro banks to build a data sharing framework to help prevent its platform users from becoming victims of fraud schemes.

The sixth.$Amazon (AMZN.US)$Closing down 1.52%, with a turnover of 5.468 billion US dollars. Amazon will recruit approximately 0.25 million people for the holiday shopping season in the USA, the same as last year, implying the company expects demand in its largest market to remain stable. The company typically announces a fall recruitment drive to attract new employees; recently, the company stated that it will raise the hourly wage of 0.8 million US transportation and warehouse workers by at least $1.5, exceeding $22.

The eighth.$Alibaba (BABA.US)$Down 2.09%, with a turnover of $3.3 billion. On the evening of October 2, Alibaba Group issued an announcement on the Hong Kong Stock Exchange. The announcement shows that during the quarter ending September 30, 2024, Alibaba repurchased a total of 0.414 billion shares of common stock at a price of $4.1 billion (equivalent to 5.2 million American depositary shares). The buyback was conducted under the company's share buyback program, simultaneously in the U.S. and Hong Kong markets.

Up 2.09%, with a turnover of $2.247 billion. S&P Global's report on "Electricity Gradually Becoming Taiwan Semiconductor's Credit Risk," published, pointed out that the limited growth of electrical utilities in Taiwan will test TSMC's high-power chip production. For the semiconductor industry, adequate and stable power supply is a crucial factor, and Taiwan Semiconductor, as a market leader, faces potential risks due to Taiwan's electrical infrastructure.

The 12th.$Taiwan Semiconductor (TSM.US)$According to the announcement, as of September 30, 2024, the total number of Alibaba's outstanding common shares is 18.62 billion shares (equivalent to 2.327 billion American depositary shares). Compared with the data of June 30, 2024, the net decrease in the number of common shares was 0.405 billion shares, with a net decrease ratio of 2.1% (including shares issued under the stock-based incentive plan).

15th place.$Palantir (PLTR.US)$Closing up 4.67%, with a trading volume of 2.204 billion US dollars.

Editor/Somer