Nvidia (NVDA) will continue topping the most actively traded stocks for the day. This skews the daily market trading value in dollar terms. On Monday, 285.83 million shares exchanged hands at $130.98. That amounts to $37.47 billion worth of trades from the AI giant alone.
Nvidia announced Omniverse Microservices RTX on Monday. This enables a set of microservices to achieve physically accurate sensor simulation. It helps in the development of fully autonomous machines.
Apple’s (AAPL) new Apple Pay announcement will continue to shake up the fintech market. PayPal (PYPL) is trading lower after last week’s news while Block (SQ) is on a downtrend that started in March.
After winning the $56 billion pay package, Tesla (TSLA) stock will continue its climb toward $200. CEO Elon Musk further hyped “Master Plan 4” as epic. Master Plan 3 included scaling Tesla, developing AI for full self-driving, and expanding into new markets like heating.
Readers should recall that Tesla’s Plan 2 for FSD is not yet complete.
Software firm Palantir (PLTR) broke out above $25.00 on Monday. Analysts at Argus initiated coverage on the stock with a Buy rating and a $29 price target.
In banking, Sofi crumbled from $7.25 last week to close at $6.46. Qatar Investment Authority sold 19.8 million shares on June 13, 2024.