Tesla Motors, the top stock by trading volume on Thursday, closed up 4.15% with a turnover of $31.24 billion. CEO Elon Musk made his first appearance at the World Economic Forum (WEF) in Davos, announcing that the humanoid robot Optimus could be launched by the end of 2027.
During his speech, Musk stated that Tesla is already using some Optimus units in its factories to perform simple tasks. He predicted that by the end of 2026, these robots will be capable of "completing more complex work."
Previously, during an earnings call in January 2025, Musk had indicated that his "very rough guess" was for Tesla to begin deliveries of the Optimus robot to other companies in the second half of 2026.
Nvidia, ranked second by volume, closed up 0.77% with a turnover of $25.587 billion. Speaking at the World Economic Forum, Jensen Huang stated that the largest AI infrastructure build-out in human history is already underway, with hundreds of billions of dollars already invested and trillions more required.
Micron, in third place, closed up 2.18%, hitting a new all-time high, with a turnover of $15.128 billion. BNP Paribas raised its price target for Micron Technology from $270 to $500.
Meta Platforms, ranked fourth, closed up 5.66% with a turnover of $13.622 billion. The company announced on Thursday that it will begin rolling out ads to all Threads users globally starting next week.
Meta stated that the social media platform Threads is growing rapidly, now boasting over 400 million monthly active users. To help more people discover businesses they love and enable advertisers to achieve their key outcomes, Meta said it will continue investing in new Threads ad formats, controls, and features.
It is understood that Threads ads are powered by Meta's proven AI advertising system, meaning users will see personalized ads on Threads similar to those on other Meta platforms like Facebook and Instagram.
Microsoft, the fifth most traded stock, closed up 1.58% with a turnover of $11.227 billion. Wells Fargo lowered its price target for Microsoft from $665.00 to $630.00 per share.
AMD, ranked eighth, closed up 1.57% with a turnover of $9.408 billion. A recent research report from KeyBanc indicated that driven by massive data center demand, hyperscale cloud providers are aggressively purchasing server CPUs from both Intel and AMD, leading to the two companies' server CPU production capacity for the full year 2026 being essentially sold out. Both companies are considering raising the average selling price of their server CPUs by 10% to 15%. KeyBanc also upgraded Intel's rating to "Overweight" with a price target of $60.
Amazon, ranked twelfth, closed up 1.31% with a turnover of $7.394 billion. CEO Andy Jassy stated that as pre-purchased inventories are depleted, Trump-era tariffs have begun to "permeate" product pricing, with some sellers passing the higher import costs on to consumers.
Alibaba, ranked fifteenth, closed up 5.05% with a turnover of $5.645 billion. According to reports, Alibaba has decided to bring its chip subsidiary T-Head to the forefront, supporting its future independent listing.
GE Aerospace, ranked eighteenth, closed down 7.38% with a turnover of [AMOUNT NOT SPECIFIED IN ORIGINAL TEXT] billion. The company reported fourth-quarter adjusted revenue of $11.87 billion, compared to an estimate of $11.21 billion; adjusted earnings per share were $1.57, versus an estimate of $1.43. The company forecasts 2026 adjusted EPS to be between $7.10 and $7.40, while the market expectation was $7.10.
Abbott, ranked nineteenth, closed down 10.04% with a turnover of $4.071 billion. The company projected a profit decline for the first quarter and cited the impact of nutritional product discounts on its performance.
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