Source: Global Market Report

No. 1 in US stock turnover on Monday$NVIDIA (NVDA.US)$The closing was 0.58% higher, and the transaction was $26.063 billion. According to the US stock 13F document, Wells Fargo reduced its holdings of star technology stocks such as Microsoft, Apple, Amazon, and Nvidia in the first quarter. Among them, Amazon's holdings were reduced the most, with holdings falling by more than 4.6 million shares.

Second place$Apple (AAPL.US)$The closing was up 1.76%, and the transaction was $13.41 billion. Some media quoted people familiar with the matter as revealing that Apple is close to reaching an agreement with OpenAI to use the ChatGPT feature in iOS 18, the next iPhone operating system, as part of Apple's broader effort to introduce artificial intelligence capabilities to its devices.

Furthermore, according to the 13F US stock holding documents submitted by J.P. Morgan Chase, the agency increased its Apple stock holdings by more than 18 million shares in the first quarter.

3rd place$Tesla (TSLA.US)$The closing price rose 2.03% to US$11.547 billion. According to reports, Tesla's Shanghai energy storage gigafactory construction project has completed the issuance of construction permits. This is Tesla's first energy storage gigafactory project outside the mainland of the United States. According to the company's official announcement, the factory is scheduled to start construction in May this year, and mass production will be achieved in the first quarter of next year. Subsequently, the Shanghai Energy Storage Gigafactory will produce Megapack, a very large commercial energy storage battery to help power grid operators, utility companies, etc. store and distribute renewable energy more efficiently.

6th place$Microsoft (MSFT.US)$It closed down 0.25% and traded $6.387 billion. Microsoft said on Sunday (May 12, 2024) that it plans to spend 4 billion euros (4.3 billion US dollars) to build cloud computing and artificial intelligence (AI) infrastructure in France and build a data center in the French city of Mulhouse.

The announcement was made on the eve of the “Choose France” summit, which aims to attract foreign investors to invest in France.

Microsoft said in a statement that it aims to help train 1 million people and support 2,500 startups in France by 2027.

7th place$GameStop (GME.US)$The closing was 74.4% higher, and the transaction was US$5.458 billion. Due to large fluctuations, the fusing mechanism was triggered several times in Game Station, and the stock price once surged by more than 110%. According to the news, the famous American retail “Roaring Kitten” (Roaring Kitten), which promoted “retail vs. Wall Street” and bombarded the stock price of game stations in 2021, returned to X after a lapse of three years. It was discontinued on X three years ago, and a Monday post hinted at a return.

9th place$Amazon (AMZN.US)$It closed down 0.49% to US$4.64 billion. Amazon's autonomous vehicle Zoox suddenly braked unexpectedly, and the US National Highway Traffic Safety Administration (NHTSA) has launched an investigation into this. The US Highway Traffic Safety Administration's Defect Investigation Office (ODI) was notified of two accidents involving two Toyota Highlander equipped with Zoox ADS. Zoox vehicles equipped with Zoox ADS suddenly braked unexpectedly, causing a motorcyclist following the Zoox vehicle to rear-end and crash. Both accidents resulted in minor injuries.

10th$Advanced Micro Devices (AMD.US)$It closed down 0.9% and traded $4.23 billion. According to data released by research agency Mercury Research, AMD's performance in the first quarter of this year was quite good. Shipments in the server market continued to increase, reaching 23.6%, and revenue also increased. Shipments in the desktop terminal market increased by more than 4% year on year and month over month, and the share of shipments reached 23.9%. Accordingly, AMD's profit performance in the first quarter earnings report also doubled.

13th place$Alibaba (BABA.US)$The closing was 5.7% higher, and the transaction was US$2,688 billion. Alibaba will announce the fourth quarter and full year results for the 2024 fiscal year ending March 31 after the market on May 14. According to comprehensive brokerage forecasts, Ali's revenue for the fourth quarter of the fiscal year is expected to increase by 5.6% year on year to reach 219.8 billion yuan, and adjusted net profit will drop 4.2% to 26.2 billion yuan.

15th$AMC Entertainment (AMC.US)$The closing price rose by 78.35% to US$2.32 billion. On Monday, US Meme shares rose collectively, boosted by the sharp rise in Game Station's stock price.

18th place$Arm Holdings (ARM.US)$The closing was 7.71% higher, and the transaction was US$1.88 billion. According to some sources, Arm plans to develop artificial intelligence (AI) chips and aims to launch the first products in 2025. Arm will establish an AI chip division with the goal of manufacturing prototype products by spring 2025. Large-scale production will be carried out by contract manufacturers and is expected to begin in the fall of 2025. Arm will bear the initial development costs, which are expected to reach hundreds of billions of yen, and SoftBank will also contribute. According to reports, SoftBank is already in negotiations with TSMC and other companies on manufacturing issues, hoping to secure production capacity.

20th$Intel (INTC.US)$Sales rose 2.21% to $1,578 billion. According to reports, Intel is in in-depth negotiations with Apollo Global Management on a deal that will provide more than 11 billion US dollars to help Intel establish a chip factory in Ireland.

The report quoted people familiar with the matter as saying that Intel and Apollo are in exclusive negotiations on this deal, which may be signed in the next few weeks. Other investment firms, including KKR and StonePeak, are also competing for the deal, but Apollo is in the lead. Additionally, Intel plans to invest 100 billion US dollars in four US states to boost its manufacturing business and catch up with chip-making competitor TSMC.

Editor/Jeffy