On Tuesday, Tesla, with the highest trading volume in the US stock market, fell by 6.15%, with a turnover of $51.421 billion. Prior to this, the stock had risen for five consecutive trading days, with a cumulative increase of over 44% over the five days; Nvidia, ranked second, rose by 2.09%, with a turnover of $29.329 billion; and MicroStrategy, ranked third, rose by 4.88%, with a turnover of $13.736 billion.
The first in the U.S. stock market turnover on Tuesday.$Tesla (TSLA.US)$Falling by 6.15%, with a turnover of $51.421 billion. Prior to this, the stock had risen for five consecutive trading days, with a cumulative increase of over 44% in five days.
According to reports, Musk once again participated in the call between the US President-elect Trump and foreign leaders, highlighting the enormous influence of the world's richest man on the next government. Serbian President Vucic stated that Musk was present during his call with Trump on Sunday. Just last week, Musk also participated in the call between Trump and Ukrainian President Zelensky.
The second.$NVIDIA (NVDA.US)$Rising by 2.09%, with a turnover of $29.329 billion. Nvidia will release its third-quarter performance on November 20th. Due to the optimistic expectations for the Blackwell super cycle, Wall Street analysts such as Morgan Stanley and UBS have raised Nvidia's target price. Analysts generally believe that the current development of AI applications is still in the early stages, and the Blackwell cycle will continue to drive Nvidia's performance higher. Goldman Sachs predicts that the new Blackwell product line is expected to boost company revenue in the quarter in January, with sales expected to be between $5 billion and $6 billion.
The third.$MicroStrategy (MSTR.US)$Up 4.88%, with a turnover of 13.736 billion USD. Tuesday.$Bitcoin (BTC.CC)$Briefly touched the 0.09 million USD mark, hitting a historical high.
The sixth.$Microsoft (MSFT.US)$Up 1.20%, with a turnover of 8.182 billion USD. On Tuesday, Microsoft publicly announced that some Windows Server 2019 and Windows Server 2022 devices will be automatically upgraded to Windows Server 2025. It is stated that there have indeed been some instances of automatic upgrades in environments using third-party products to manage client and server updates. However, this issue was caused by a third-party patch management tool mistakenly marking KB5044284 as a security update instead of an optional update, resulting in servers automatically upgrading the system and restarting.
Ranked ninth.$Shopify (SHOP.US)$Rising by 21.04%, with a turnover of 7.073 billion US dollars. The company's third-quarter revenue exceeded analysts' expectations, indicating that as consumption continues to shift from offline to online, the growth momentum of this Canadian e-commerce company is strengthening.
Data shows that Shopify's revenue increased by approximately 26% to 2.16 billion US dollars, higher than the analysts' average expectation of 2.12 billion US dollars. This also marks the sixth consecutive quarter that this e-commerce company has achieved a revenue growth rate of over 25% (excluding logistics).
Looking ahead to the fourth quarter, the company forecasts revenue growth of around 25-29%, while analysts expect 23%.
Rank 10 $Advanced Micro Devices (AMD.US)$ Falling by 2.52%, with a turnover of 4.826 billion US dollars. According to data provided by Bank of America in a new investment report, Intel is facing increasing unfavorable factors, causing its market share to increasingly yield to its opponent AMD in the microchip field.
The report lists the CPU trends for the third quarter of 2024, with Intel's PC shipments down by about 3% quarter-on-quarter, while AMD's market share increased by 15% sequentially.
Alphabet's Class A shares rose by 0.70%, trading at 4.556 billion US dollars. On Tuesday local time, two European internet search companies - Ecosia and Qwant announced a partnership to jointly build a European search index to break Google's dominant position in the search market.
According to reports, Ecosia and Qwant have agreed to establish a joint venture named Europeansearch Perspective (EUSP), with each holding 50% of the shares. The company will be established in France in early 2025, aiming to provide optimized search results in French and German.
15th place.$Honeywell (HON.US)$It gained 3.85%, trading at 2.606 billion US dollars. The activist investment institution Elliott Management already holds more than $5 billion worth of shares in the industrial conglomerate Honeywell, pushing for the conglomerate to split into two companies.
Elliott believes that Honeywell should be divided into two based on its two main business lines: an aerospace company providing engines and aviation electronics for military and civilian users, and an automation company providing sensors and control systems for industrial users.
Jesse Cohn, the Managing Partner at Elliott and Marc Steinberg, partner, wrote in a letter on Tuesday, 'The comprehensive conglomerate structure that once suited Honeywell is no longer suitable for the company.'
Elliott believes that splitting Honeywell into two companies could unlock up to 75% profit potential in the next two years.
Ranked 19th.$Boeing (BA.US)$Dropping 2.54%, with a turnover of 2.435 billion US dollars. Boeing delivered 14 aircraft in October, hitting a new low since November 2020. The company stated that it would take several weeks to fully resume aircraft production as factory workers returned to work after nearly two months of strike.
A Boeing spokesperson stated that the delay in resuming operations at Washington and Oregon factories in the United States was due to the multiple steps required for production to resume. Each employee returning to the company will be briefed on their responsibilities and safety requirements. The company will ensure that training certificates are up to date. The strike reportedly stemmed from the breakdown in negotiations between Boeing and the labor union over contract renewal. Boeing employees voted against the proposed salary package in mid-September, leading to approximately 33,000 employees going on strike. Last week, employees voted to accept Boeing's contract offer and return to work by November 12. The strike halted production of Boeing 737 Max, 777, and 767 models.
Editor/Somer