On October 20-22, by the banks of Shanghai's Huangpu River, the 2026 Sustainable Global Leaders Conference returns once again. Nobel and Turing Award winners will take the stage to discuss the future and trends of technology, and there will also be a live dialogue between internet-famous professors Macfarlane and Xiang Biao, who "rescue" people from anxiety and the era of involution!
Limited spots available, first come first served. Let us journey together toward a sustainable future! [Click to Register] US stock trading volume ranked 3rd: Micron Technology (NASDAQ: MU) closed up 2.97% with $23.333 billion in trading volume. On Monday, memory chip concept stocks rose broadly. South Korean Finance Minister Lee Hyung-il said the semiconductor industry boom will last at least until 2027. Speaking during the IMF and World Bank annual meetings, he stated that the semiconductor supply-demand gap remains very large, supply continues to expand, and the current industry sentiment is high with strong demand, though the gap will narrow in the long term. Micron Technology (NASDAQ: MU) announced it will host a technology webinar at 8 AM local time on October 21, hosted by company President and Chief Technology and Product Officer Scott DeBoer, discussing technological innovations in DRAM, HBM, and NAND. Micron stated that next-generation AI infrastructure will require higher bandwidth, capacity, and efficiency in data transmission, storage, and access. The webinar will introduce the company's multi-generation technology roadmap, customer co-design, and long-term research plans, with the goal of further consolidating its technology leadership for the next decade. Ranked 4th: NVIDIA (NASDAQ: NVDA) closed up 1.38% with $21.386 billion in trading volume. NVIDIA CEO Jensen Huang stated that customer demand for AI chip orders continues to exceed supply, with new orders pouring in almost weekly or even daily. Analyst Ives believes the sell-off reflects concerns about infrastructure financing costs after US Treasury yields broke above 5%, which is a financing-level issue. Potential demand for AI computing power remains strong, and the pullback offers buying opportunities. Ranked 5th: Amazon (NASDAQ: AMZN) surged 4.98% with $14.645 billion in trading volume. American Electric Power announced a joint development agreement with Amazon (NASDAQ: AMZN) and advanced nuclear technology company X-energy to explore building a nuclear power project with a capacity of up to 960 megawatts in Indiana. Amazon plans to purchase electricity from the project through long-term power purchase agreements, with contract revenue covering facility costs. Morgan Stanley named Amazon a "Top Pick" and raised its target price to $350, believing the market severely underestimates AWS growth potential and its monetization ability in the AI era. Morgan Stanley expects AWS to achieve 47% year-over-year growth in 2027, significantly higher than general market perception. Ranked 6th: Tesla (NASDAQ: TSLA) closed up 3.76% with $14.148 billion in trading volume. Investment analysis firm CFRA significantly raised its target price from $385 to $475 after Tesla's new-generation Roadster debut, implying approximately 34% upside from the October 16 closing price of $354.72. CFRA gave a positive assessment of the Roadster equipped with SpaceX propulsion technology and noted that "the perception of 'Musk magic' returning is spreading," viewing it as a landmark case of Tesla and SpaceX technology integration. Ranked 7th: Apple (NASDAQ: AAPL) closed down 0.15% with $11.847 billion in trading volume. Apple confirmed on Monday it will hold a new product launch event on October 28, where it plans to unveil the company's first touchscreen MacBook. The event, themed "Proandtell," will be held in Los Angeles. Ranked 8th: SanDisk (NASDAQ: SNDK) closed up 5.53% with $11.707 billion in trading volume. Ranked 9th: Meta Platforms (NASDAQ: META) closed down 0.55% with $11.412 billion in trading volume. The social media giant Meta Platforms (NASDAQ: META) will report earnings after the close on Wednesday. Ranked 10th: Advanced Micro Devices (NASDAQ: AMD) closed up 1.76% with $10.966 billion in trading volume. TD Cowen reiterated its "Buy" rating and $675 target price on Advanced Micro Devices (NASDAQ: AMD) on October 19, believing that the rapid growth of autonomous AI agents and AI inference workloads in production environments is driving a recovery in data center CPU demand. Ranked 11th: SpaceX (NYSE: SPACEX) closed up 1.32% with $10.964 billion in trading volume. Market speculation about a potential merger between Tesla and SpaceX is heating up. Barclays analyst Dan Levy believes the two sides may announce a deal before Tesla's annual shareholder meeting on December 3. Related speculation has drawn market attention to future business integration and valuation arrangements between the two companies. Ranked 12th: Microsoft (NASDAQ: MSFT) closed up 0.84% with $9.589 billion in trading volume. Morgan Stanley noted in its latest research report that with cloud computing demand remaining strong, data center capacity continuing to expand, and Microsoft 365 and Copilot commercialization accelerating, Microsoft (NASDAQ: MSFT) is expected to sustain growth momentum in the first quarter of fiscal year 2027. The bank expects Azure cloud revenue growth at constant currency to reach around 47% year-over-year, above the upper end of the company's previous guidance range, and maintains an "Overweight" rating and $600 target price on Microsoft. Ranked 14th: Intel (NASDAQ: INTC) closed up 2.43% with $9.466 billion in trading volume. JPMorgan upgraded Intel (NASDAQ: INTC) from "Underweight" to "Neutral," citing improved execution under CEO Chen Liwu and expectations that growing AI computing demand will support earnings growth. Ranked 15th: Alphabet (NASDAQ: GOOGL) closed up 1.05% with $6.811 billion in trading volume. Ranked 16th: CoreWeave (NASDAQ: CRWV) closed down 0.44% with $6.235 billion in trading volume. CoreWeave reversed its intraday trend today, rising over 7% at one point before giving back all gains and turning negative. Regarding news, Jensen Huang previously publicly stated that CoreWeave "does not need a bailout," and his remarks briefly reversed the stock's trajectory. Some funds attempted to bet on a rebound after consecutive sharp declines. The rebound failed to sustain, primarily because signals from the bond market diverged from stock price movements. Ranked 17th: Broadcom (NASDAQ: AVGO) closed up 1.78% with $5.845 billion in trading volume. Ranked 19th: Taiwan Semiconductor (NYSE: TSM) closed up 1.84% with $5.202 billion in trading volume. Samsung Electronics will use Taiwan Semiconductor's 3-nanometer process to produce base chips for NVIDIA's next-generation custom high-bandwidth memory, marking Samsung Electronics's first collaboration with Taiwan Semiconductor at the HBM manufacturing stage. (Screenshot from Sina Finance APP market data. US stocks closed lower. Stock market sectors. Swipe left for more data.) Download Sina Finance APP
Comments