On Monday, the top trading volume in the US stock market was Tesla, which rose by 3.46% with a trading volume of 27.591 billion dollars. The second was nvidia, which increased by 0.27% with a trading volume of 23.781 billion dollars. The third was super micro computer, which surged by 28.68% with a trading volume of 10.574 billion dollars.
Ranked first in trading volume on Monday's US stock market. $Tesla (TSLA.US)$ The closing price rose by 3.46%, with a turnover of $27.591 billion. Tesla recently announced the latest version of their self-driving software FSD V13.2. Based on the updates and test videos, the new version has several improvements, including support for 36Hz video input processing, a more advanced new AI4 architecture that can understand more complex road structures, identify closed sections and detour around them, higher efficiency in handling obstacles, and optimization of issues like steering wheel shaking. It is worth mentioning that FSD now supports fully autonomous driving from parking space to parking space. Brokerage Stifel raised Tesla's target price from $287 to $411.
2nd place $NVIDIA (NVDA.US)$ The closing price increased by 0.27%, with a turnover of $23.781 billion. On Monday (December 2), the Netherlands-based artificial intelligence infrastructure company Nebius Group NV announced on their official website that they have finalized agreements with selected institutions and investors to raise $0.7 billion in funding. The company mentioned that investors include venture capital firm Accel, chip giant Nvidia, and some accounts managed by Orbis Investments. As per the plan, Nebius will issue 33,333,333 Class A shares at a price of $21.00 per share.
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. $Super Micro Computer (SMCI.US)$ Closing up 28.68%, with a volume of 10.574 billion US dollars. Super Micro Computer announced on Monday that an external review of its operations did not uncover any evidence of improper conduct, and the company approved the recruitment of new senior executives, with David Weigand stepping down as chief financial officer. The company stated on Monday that they are currently searching for a new CFO, Chief Compliance Officer, and General Counsel.
The fourth most traded stock rose 1.72%, with a transaction volume of $9.743 billion. According to sources, a department of the Competition Commission of India (CCI) has launched a preliminary investigation into Apple this year, finding that Apple has had a significant impact on consumers in providing digital products and services. The focus of the investigation is that Apple is suspected of abusing its dominant position in the app market, forcing developers to use its proprietary in-app purchase system, which costs up to 30%. $Apple (AAPL.US)$ Closing up 0.95%, the stock price reached a historical high, with a turnover of $10.164 billion, and a market value of $3.62 trillion, once again becoming the largest company in the US stock market by market cap. According to industry insiders, the price of the Apple iPhone SE 4 will increase, starting at a price higher than the previous price of 3499 yuan, and the company has no intention of making a sufficiently cheap entry-level iPhone.
UBS Group cited a survey of smart phone users, stating that Apple has always focused on the artificial intelligence features of its latest iPhone models, but consumers currently have little interest in them. Analyst David Vogt wrote that the survey shows weak demand for the iPhone, as interest in ai smart phones remains low. "Interest in GenAI remains cool," 30% of respondents said they are interested in smart phones with generative artificial intelligence features, 27% said "not interested," and the rest held a neutral attitude.
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.' $MicroStrategy (MSTR.US)$ Closing down 1.85%, with a turnover of $8.953 billion. During the period from November 25 to December 1, MicroStrategy increased its shareholding by approximately $1.5 billion by averaging $95,976 per bitcoin, purchasing 15,400 bitcoins. According to the 8-K filing submitted by the company to the US Securities and Exchange Commission (SEC) on Monday, this increase further solidified its position as the world's largest corporate bitcoin holder.
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. $Microsoft (MSFT.US)$ Rising by 1.78%, with a turnover of $8.691 billion. According to reports, Microsoft's Edge browser market share has dropped below 13%. Previously, the Edge browser leveraged bundled installations with Windows 10/11 and Microsoft's active promotion, reaching a market share of 13.56% in October. However, according to the latest statistical data from Statcounter, in November, the market share of Edge browser has dropped below 13%, decreasing by 0.69% from 13.56% in October to 12.87%.
Ranked seventh. $Amazon (AMZN.US)$ Rising by 1.36%, with a turnover of $8.327 billion. Amazon founder Bezos (Jeff Bezos) teamed up with Samsung to invest $0.7 billion in Tenstorrent, challenging NVIDIA, an AI chip startup company, with an estimated value of about $2.6 billion.
Tenstorrent hopes to develop a chip that seeks to break nvidia's monopoly in the field of artificial intelligence. The founder of Tenstorrent and semiconductor pioneer Jim Keller stated that the company secured funding in a financing round led by south korea's AFW Partners and Samsung Securities. Bezos' family office, Bezos Expeditions, participated in this round of financing along with LG Electronics and Fidelity, betting on Keller's capabilities and the opportunities in the booming ai technology.
$Meta Platforms (META.US)$ Up 3.22%, with a turnover of $7.388 billion. Meta Platforms plans to invest $10 billion to build a submarine communication cable around the earth over 0.04 million kilometers. Insiders said that the submarine cable is initially planned to start from the east coast of the United States, pass through South Africa, India, Australia, and then return to the west coast of the United States, forming a global loop. Because the entire cable route looks like the letter W in English, the project is also known as the W Project.
According to reports, the W Project is still in the preliminary stage. It may take 5 to 10 years for actual construction and use. Meta may disclose more information including specific routes and communication capacity early next year. Meta has previously invested in 16 communication lines, but the W Project will be Meta's first self-owned communication cable. According to The Verge analysis, full control over the route and cable will prioritize Meta's products and services for traffic.
Rank 10 $Alphabet-A (GOOGL.US)$ Up 1.50%, with a turnover of $4.074 billion. According to the latest report released by StatCounter in November 2024, the desktop browser market landscape continues to evolve. Google Chrome browser remains firmly at the top, while Microsoft Edge browser market share has declined. Data shows that Google Chrome browser's market share in November increased by 1.09 percentage points to reach 66.31%, hitting a new high in 2024, a year-on-year growth of 4.25%.
Rank 11 $Intel (INTC.US)$ Down 0.50%, with a turnover of $3.668 billion. Intel announced that CEO Pat Gelsinger will retire and step down from the board of directors, effective December 1. The company has appointed David Zinsner and Michelle Johnston Holthaus as interim co-CEOs, while the board of directors is searching for a new CEO.
Frank Yeary, the independent chairman of the board, will serve as interim executive chairman during the transition period. Zinsner will serve as Executive Vice President and Chief Financial Officer, while Holthaus has been appointed as the new Chief Executive Officer of Intel Products, with the department consisting of the Client Computing Business Unit, Data Center and AI Business Unit, as well as the Network and Edge Business Unit.
Ranked 14th $Taiwan Semiconductor (TSM.US)$ Closed up 5.27%, with a turnover of 3.214 billion USD. On Monday, there were reports that Apple has ordered M5 chips from Taiwan Semiconductor.
18th place $Berkshire Hathaway-B (BRK.B.US)$ Closed down 1.18%, with a turnover of 2.402 billion USD. On November 25th, Warren Buffett released his latest shareholder letter announcing an increase of over 1 billion USD in his total charitable donations, and updated his wealth distribution plan after his death. Analysts commented that it "reads like a legacy plan".
Editor/rice
