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 highest transaction amount in US stock market on Thursday.$NVIDIA (NVDA.US)$Up 0.53%, with a trading volume of 58.413 billion US dollars. On Thursday morning, Nvidia rose to a high of $152.89, hitting a record high.

Nvidia's performance in the third quarter announced on Wednesday evening exceeded expectations, but the current sales guidance was only slightly higher than expected. Nvidia's stock fell in after-hours trading following the release of the third-quarter report.

Most Wall Street analysts like the news from Nvidia. After the announcement of Nvidia's third quarter financial report, at least 17 analysts raised their target price for the company's stock.

Wedbush Securities analyst Daniel Ives stated that Nvidia provided consistently conservative guidance. Ives said in a client report that the company often "underpromises, overdelivers".

Citigroup raised Nvidia's target price from $170.00 to $175.00. TD Cowen raised its target price from $165.00 to $175.00. Mizuho raised its target price from $165.00 to $175.00. Wedbush raised its target price from $160.00 to $175.00.

The second.$MicroStrategy (MSTR.US)$Falling 16.16%, with a turnover of $45.336 billion. Renowned short-selling institution Citron Research analyst Andrew Left posted on platform X on Thursday stating that he is shorting this software company, which has actually transformed itself into a bitcoin investment fund.

Citron Research stated that under the leadership of MicroStrategy's Chairman Michael Saylor, the company has almost become synonymous with Bitcoin, as it has heavily invested billions of dollars in cryptocurrencies, sometimes even raising funds through debt issuance. However, with the launch of Bitcoin ETFs, investors can directly purchase such funds without having to use MicroStrategy's stock as an alternative target for public trading.

The third.$Tesla (TSLA.US)$Falling 0.70%, with a turnover of $19.79 billion. Tesla CEO Musk and former Republican presidential candidate Roque de la Fuente III published an article on Wednesday detailing their plans to reform the U.S. federal government, including massive cuts to federal agencies, reducing subsidies for related organizations, and more.

On November 12, local time, U.S. President-elect Trump announced that Musk and Ramoswamy will jointly lead the planned "Department of Government Efficiency" after he takes office as president, paving the way for dismantling government bureaucracies, reducing unnecessary regulations and waste, and restructuring federal institutions.

Musk seems to be focusing on the efficiency of the U.S. Securities and Exchange Commission (SEC) now. Minutes after SEC Chairman Gensler announced on X that he would resign on January 20 next year, Musk responded on X: "Does the SEC really only work in the office one day a month?"

Musk and the SEC have been at odds for many years. In 2018, the tech billionaire agreed to pay a $20 million fine and resigned as Tesla's chairman to settle a securities fraud investigation. The investigation stemmed from a tweet implying he had secured funding to take Tesla private. He also faced scrutiny from the SEC for disclosing stock purchase details before a Twitter takeover bid and mocked the agency as the "Shortseller Enrichment Commission".

Ranked fourth.$Amazon (AMZN.US)$It fell by 2.22%, trading $11.669 billion. According to sources, Amazon may face an EU investigation next year. If found to violate the EU Digital Markets Act, the company could face a substantial fine equivalent to 10% of its global annual revenue. The law aims to restrict the power of big tech companies.

Sources say the EU's incoming antitrust chief Terera Ribera will decide in the next few months whether to investigate Amazon and the timing of the investigation. The chief will take office next month, replacing the outgoing Margrethe Vestager.

The fifth.$Alphabet-A (GOOGL.US)$It fell by 4.74%, with a turnover of 9.948 billion USD. According to reports, the US Department of Justice is trying to block the deal between Google and Anthropic. Just two days ago, the UK antitrust institution approved the collaboration between Google and Anthropic.

In addition, on November 20th local time, the US Department of Justice officially submitted a document to the federal court, suggesting that Judge Amit P. Mehta, who ruled in August that Google illegally monopolized the search market, take action to require Google to sell its Chrome browser and not re-enter the browser market within five years.

Ranked sixth, up 1.86%, trading at $5.412 billion. Recently, a heavy news has emerged in the field of cybersecurity research. A major security vulnerability lasting for decades has been found in AMD processors, named 'Sinkclose' by the security company IOActive. This vulnerability is deeply hidden in the firmware of the chip and may allow malware to deeply infect computer memory, posing a serious threat to system security. $Apple (AAPL.US)$ It fell by 0.21%, with a turnover of 9.612 billion USD. Apple requested on Wednesday that a US federal judge dismiss the lawsuit filed by the US Department of Justice accusing Apple of illegally monopolizing the smart phone market. Judge Julien Neals in Newark, New Jersey, listened to Apple's lawyers' arguments, stating that the lawsuit by the US Department of Justice should be rejected for various reasons and requested the US judge to limit the evidence discovery process.

Apple's lawyer Devora Allon stated: "The US government has failed to reasonably accuse Apple of having monopoly power."

The seventh.$Snowflake (SNOW.US)$Closing up 32.71%, marking the largest single-day gain since listing, with a trading volume of $9.307 billion.

Snowflake's total revenue in the third quarter was $0.9421 billion, a 28% increase compared to the same period last year's $0.7342 billion; net loss was $0.3279 billion, slightly larger than the net loss of $0.2147 billion in the same period last year; basic and diluted loss per share attributable to common stockholders were $0.96, compared to $0.65 in the same period last year, showing an increased loss.

Snowflake's third-quarter revenue did not meet Wall Street analysts' expectations, but the adjusted diluted net income per share exceeded expectations. At the same time, Snowflake's outlook for the fourth quarter of the 2025 fiscal year exceeded analyst expectations and raised its outlook for full-year product revenue in the 2025 fiscal year.

JPMorgan raised its target price from $175 to $185. Royal Bank of Canada raised its target price from $175 to $188.

The eighth.$Microsoft (MSFT.US)$Closing down by 0.43%, with a trading volume of $8.578 billion. Finnish telecommunications giant$Nokia Oyj (NOK.US)$Signed a five-year agreement with Microsoft's cloud service company Azure to provide datacenter networking. Nokia datacenter switches will be installed at new sites and used to support Microsoft's transition to 400GE connections at existing facilities. The agreement covers more than 30 countries, with Nokia stating in a statement that this strengthens its global position.

Ranked 14th.$Netflix (NFLX.US)$It rose by 1.54%, hitting a historical high for the fourth consecutive trading day, with a trading volume of 4.033 billion USD.

16th place.$PDD Holdings (PDD.US)$It fell by 10.64%, with a trading volume of 3.573 billion USD. PDD Holdings' third-quarter revenue was 99.35 billion yuan, a 44% year-on-year increase, below the market expectation of 102.83 billion yuan; net income was 24.98 billion yuan, non-GAAP net income was 27.46 billion yuan, both with a 61% year-on-year growth; adjusted earnings per ADS were 18.59 yuan, below the market expectation of 20.19 yuan.

From the financial report data, PDD Holdings's third-quarter revenue did not meet market expectations, causing its pre-market stock price to fall by 16% at one point.

Ranked 19th.$Super Micro Computer (SMCI.US)$Rose by 15.12%, with a volume of 3.394 billion US dollars. As of the Thursday's closing, the stock has accumulated an increase of approximately 60% this week.

Editor/Jeffy