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.

The opening ceremony of the Apple Worldwide Developers Conference (WWDC), which was highly anticipated by investors, started on Monday, with its annual five-day conference running through to Friday, June 14. On Monday, Apple CEO Cook announced the "Apple Intelligence" feature, which integrates AI language models into a wide range of Apple devices, including iPhone, iPad, and Mac. Users can use AI to write articles and check and proofread content in various situations, and can even allow AI to generate images when sending messages. Apple also announced a partnership with OpenAI to integrate the latter's ChatGPT.$NVIDIA (NVDA.US)$Closing up by 4.14%, the stock price hit a record high, with a market cap exceeding 3.5 trillion US dollars and a turnover of 37.293 billion US dollars. Bank of America raised the rating of NVIDIA's stock. In a recent report, analysts at Bank of America upped the target price of NVIDIA stock from $165 to $190. This means the stock could rise by 38% from last Friday's closing price of $138.

Bank of America analysts point out that the artificial intelligence market will experience exponential growth in the coming years, stating that as this chip giant continues to solidify its leading position in the market, this will bring Nvidia a "generational opportunity".

Analysts believe that by 2027, the artificial intelligence accelerator market will grow to $280 billion. Moreover, over time, it is expected to further increase to over $400 billion, a significant jump from $45 billion in 2023. Bank of America predicts that as artificial intelligence models continue to grow rapidly - developers like OpenAI, Google, and Meta will introduce several new large language models every year, "demand for computing will only increase."

The second.$Tesla (TSLA.US)$The stock fell by 0.84%, with a trading volume of $10.317 billion. Tesla is set to release its third-quarter earnings after the post-market trading this Wednesday. For Wall Street, the outcome may be a return to fundamentals, as some investors are disappointed with a highly hyped but seemingly lacking in details robot event held earlier this month.

Tesla's stock price has fallen by approximately 11% year-to-date. Despite hosting an event at a cinematic facility in Burbank, California that showcased Tesla's Cybercab robotaxi prototype in an urbanized setting, promoting a more relaxed, autonomous future of transportation to the public, Tesla still faces common issues - sales and profit growth, slowing demand, competition from emerging Chinese electric vehicle manufacturers, and Musk's ability to deliver on promises.

Barclays analysts previously pointed out, "At least for now, Tesla's focus has shifted back to fundamentals," including signs of stable demand prospects and profitability for Tesla, "However, considering our expectations of an above-expectation third quarter and a reminder of short-term stability expectations, we believe that the results of the third quarter could be a short-term positive catalyst," analysts stated, adding that "profit margins have bottomed out".

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. $Apple (AAPL.US)$ The stock rose by 0.63%, with a trading volume of $8.552 billion. According to the media on October 21, the iPhone 16 series has seen price reductions. Currently, the "November 11 shopping festival" is about to begin, and many manufacturers have already started significant price cuts on their models, including Apple.

Reportedly, starting from 8:00 p.m. on October 21st until October 24th, Apple's official Tmall flagship store is offering a $500 coupon for the entire iPhone 16 series. The post-coupon starting price is $5499, while the most popular iPhone 16 Pro Max model is priced at $9499, marking the first official price cut since the new phone's release.

The media pointed out that there is still a greater room for price adjustment for the iPhone 16 series on some third-party channels and e-commerce platforms.

Ranked fourth.$Microsoft (MSFT.US)$Closing up by 0.15%, with a turnover of $5.928 billion. Starting next month, Microsoft will allow its customers to establish autonomous AI agents, as investors increasingly scrutinize its massive investments in AI technology. This is the company's latest move in utilizing AI technology. Microsoft is positioning these autonomous agents, programs that do not require human intervention like chatbots, as "applications driving the world with artificial intelligence." These programs can be used to handle customer queries, identify sales leads, and manage inventory.

Salesforce and other major technology companies are also praising the potential of such agents. Some analysts suggest that businesses are facing a dilemma of monetizing billions of dollars invested in AI, and these tools can provide a simpler way to do so.

The fifth.$Meta Platforms (META.US)$Declining by 0.23%, with a turnover of $4.681 billion. Meta Platforms recently announced that it will release a series of new artificial intelligence models, including a self-assessing model, which may reduce human involvement in the AI development process.

This release follows Meta's introduction of the tool in August, detailing how the tool uses the same "train of thought" technology as OpenAI's o1 model to improve the accuracy of answers to challenging problems in science, coding, math, and other areas. Meta's researchers trained the evaluation model using data entirely generated by artificial intelligence, eliminating the need for human input.

$Advanced Micro Devices (AMD.US)$ Closed higher by 1.24%, with a turnover of $4.023 billion. According to industry sources, AMD will hold a conference on October 23-24, possibly unveiling the Ryzen 7 9800X3D processor. Sources reveal that the official AMD promotion poster reads "where legends prevail, A-Club leader alliance seasonal meeting (Zhuhai-Macao twin city)" with the AMD Ryzen 7 series logo shown in a small graphic.

According to previous reports, the Ryzen 7 9800X3D processor scored 2145 points in single-core Cinebench R23 testing and 23315 points in multi-core testing. Compared to the Ryzen 7 7800X3D processor, this processor has seen a 20% improvement in single-core performance and a 28% improvement in multi-core performance.

Rank 10 $Alphabet-A (GOOGL.US)$ Closed higher by 0.40%, with a turnover of $3.433 billion. Google's purchase of 6-7 nuclear reactors may further drive the development of fourth-generation nuclear power. The research report abstract points out: AI technology leads to increased energy demands in data centers, and Google plans to purchase SMRs to provide power support. Against the backdrop of rapid AI technology development, data center energy demands have become a global focus.

Two days after Google announced a power purchase agreement with advanced nuclear reactor suppliers, Amazon also announced three new agreements. Each agreement involves supporting the development of small modular nuclear reactors (SMRs), which are only one-tenth to one-fourth the size of traditional nuclear power plants. If these projects can be successfully completed, SMRs will become zero-emission energy sources for large technology companies aiming to save climate goals by turning to nuclear energy.

The 12th.$Coinbase (COIN.US)$Closed down by 2.95%, with a turnover of 2.697 billion US dollars. On Monday, Bitcoin fell below the $67,000 mark, leading to a pullback in crypto-related stocks.

Ranked 14th.$Boeing (BA.US)$Closed up by 3.11%, with a turnover of 2.132 billion US dollars. Last Saturday, Boeing and the union announced that Boeing's striking machinists will vote on a new contract proposal on Wednesday (including a 35% raise over four years), which may bring an end to the costly five-week strike. Analysts say the new proposal could increase the company's wage costs by over $1 billion in four years.

19th place $Micron Technology (MU.US)$ Falling by 1.86%, trading at 1.614 billion US dollars. Investment company Gateway Investment Advisers, focusing on low-volatility stock strategies, made significant adjustments to its major investments in the telecommunications and semiconductor sectors in the third quarter, including a substantial reduction in its holdings of Micron Technology shares. Gateway disclosed these stock transactions in documents submitted to the Securities and Exchange Commission.

Editor/Jeffy