Top 20 US Stock Turnover: Apple Stock Hits Historic High, Market Cap Exceeds $3.7 Trillion

On Monday, TSL, ranked first in terms of trading volume in the US stock market, closed up 0.15% with a turnover of $36.948 billion. In early Monday trading, the price of TSL briefly surpassed the $400 mark, reaching a nearly three-year high.

TSL plans to deploy V4 super charging piles in mainland China starting in 2025. It is understood that the V4 super charging piles support more third-party vehicle charging, including existing commercially available models and more newly released models. The V4 super charging cabinet used in conjunction with the V4 super charging piles has a maximum charging power of 500kW (supporting passenger car models) and 1.2MW (supporting TSL electric heavy-duty commercial truck Semi, equivalent to 1200kW).

Previously, Tesla V4 supercharging stations had already started deployment in North America, Asia-Pacific, Europe, and other regions.

The second-ranked Nvidia fell by 2.55%, with a turnover of 25.212 billion US dollars. Recently, due to Nvidia’s alleged violation of the Anti-Monopoly Law of the People’s Republic of China and the announcement of the State Administration for Market Regulation on the decision of the Anti-Monopoly Review of the case of Nvidia’s acquisition of Mellanox Technology Co., Ltd. with additional restrictive conditions (Announcement of the State Administration for Market Regulation [2020] No. 16), the State Administration for Market Regulation has initiated an investigation into Nvidia in accordance with the law.

The third-place Palantir fell by 5.08%, with a turnover of 12.502 billion U.S. dollars. There are reports that the US Special Operations Command (USSOCOM) is expanding its contract with the company to obtain advanced artificial intelligence and mission manager capabilities.

The fourth-ranked Amazon fell by 0.41%, with a turnover of $10.622 billion. Data shows that Walmart, Amazon, the fast-rising e-commerce platform Shein, and Temu all set record highs in sales on ‘Black Friday’ and ‘Cyber Monday’, indicating that they may outperform struggling Target and Best Buy in the holiday season.

According to data from Facteus, among major retailers, Amazon experienced the strongest rise on Black Friday, with sales increasing by 6% compared to the previous year. Walmart saw a 3% rise in sales, while sales at large chain stores Target and consumer electronics chain Best Buy declined compared to the same period last year.

5th place, Apple rose 1.61%, the stock price hit another historic high, with a turnover of 10.7 billion US dollars, and the market capitalization reached about 3.73 trillion US dollars. According to reports, by 2025, one quarter of Apple’s iPhone may be produced outside of China, and India is the most likely production base. As a rapidly rising market, India has hundreds of millions of potential customers, and Samsung and Chinese brands have launched fierce competition here.

According to market research firm IDC, the average selling price of smartphones in India has pumped from $192 in the third quarter of 2020 to $293 in the same period of 2024. Apple’s market share rose nearly 60% from the third quarter of 2023 to 2024, partially due to the rise of its more affordable older iPhone models.

Microsoft ranked 6th, up 0.55%, with a turnover of 84.3 billion US dollars. Microsoft recently announced that the 24H2 version update of Windows 11 has entered a new availability stage and is starting to push this important update to more eligible devices. According to Microsoft’s support documents, the Windows 11 24H2 version is being rolled out to eligible devices running the original version of Windows 11, the 22H2 version, and the 23H2 version.

7th place, MicroStrategy fell by 7.51%, with a turnover of 8.369 billion US dollars. On Monday, MicroStrategy bought another $2.1 billion worth of BTC, while selling a combination of stocks and fixed-income securities to provide funds for the rapidly increasing purchases, which attracted more and more follow-ups. This is the fifth consecutive Monday that the company has announced the purchase of digital assets.

The co-founder and chairman of the company, Michael Saylor, has decided that this small enterprise software manufacturer needs to take a different path to survival. Over the past four years, the BTC he has accumulated is now worth over $41 billion.

In October this year, he announced plans to raise $42 billion over the next three years by selling stocks on the market and issuing convertible bonds to accelerate its strategic transformation. The current danger is that the long-term large-scale rebound of Cryptocurrency over the past year may be reversed, in which case leveraged bets on its value could have serious consequences for its owners.

The 8th AMD fell 5.57%, with a turnover of 7.452 billion US dollars. Bank of America Securities downgraded the stock from “buy” to “neutral” and lowered the target price to $155, citing limited potential for the company’s market share rise.

9th place Meta Platforms fell 1.64%, with a turnover of $7.006 billion. Meta Platforms announced an investment of up to $10 billion to build its largest data center in Louisiana. Entergy Arkansas, an energy company in Louisiana, has submitted plans to build three natural gas power plants to provide 2.2 gigawatt-hours (2.2 million kilowatt-hours, or 2.2 million kilowatt-hours) of electricity to the data center. Meta will provide funding for these power plants, including reserved equipment, payment of electricity costs, and construction of transmission lines for the power plants.

10th place APP Applovin fell 14.68%, with a turnover of $5.647 billion. The stock pumped up more than 19%.

14th UnitedHealth Group rose 2.39%, with a turnover of $4.147 billion. According to reports, a 26-year-old man named Luigi Mangione, who is suspected of shooting UnitedHealth Group executive Brian Thompson, was arrested on Monday in Altoona, Pennsylvania.

The suspect was recognized by staff while dining at a local McDonald’s restaurant. Police said he was carrying a manifesto, multiple fake identification documents, an untraceable so-called ‘ghost gun,’ and a silencer. New York City Police Commissioner Jessica Tisch said at a press conference that the documents found on the man explained his ‘motives and mindset’.

The 19th-hour company’s revenue rose by 5.06% to $3.271 billion. S&P Dow Jones Indices said that Apollo Global Management and 01928374656574839201 will replace Qorvo and Amentum Holdings in the S&P 500 Index before the opening on December 23.

(Article source: Hafu Securities)

Source: Eastmoney.com

Author: Hafu Securities