Tesla, the No. 1 U.S. stock traded on Monday, closed up 0.55 percent at $27.124 billion. Tesla will raise prices in China again this week. This would be the company's fourth recent price increase in a row, for a full range of models. In addition, the Tesla Model S Plaid carbon ceramic brake kit is on sale, priced at 109,494 yuan.
Tesla will reportedly begin delivering its electric Cybertruck to customers next week. Media said it was unclear how much the car would actually cost.
No.2 Nvidia closed up 2.28 percent to a record high, trading $20.434 billion. Nvidia is due to report earnings after the close on Tuesday. In addition, the company is working with SandboxAQ, a quantum technology startup spun out of Alphabet, to help companies use artificial intelligence to simulate large numbers of chemical reactions to develop new materials for medicine and batteries.
No.3 Microsoft closed up 2.05 percent to a record high of $19.13 billion. OpenAI founders Sam Altman and Greg Brockman are joining Microsoft to help lead a newly formed internal artificial intelligence (AI) development team. Microsoft CEO Satya Nadella said in a post on X on Monday morning that Microsoft remains committed to its relationship with OpenAI and looks forward to working with Shear and OpenAI's new leadership.
Sam Atlman was fired as OpenAI's CEO last week after the company's board questioned his leadership and honesty.
After Sam Atlman's departure, almost the entire staff of OpenAI demanded the resignation of the company's current board of directors, or they would leave OpenAI and follow the ousted Sam Altman to Microsoft, adding to the uncertainty of the future of the artificial intelligence startup.
On Monday, more than 700 of OpenAI's roughly 770 employees signed a letter saying they "cannot work for those who lack the ability, judgment, and care about our mission and our people." They urged all board members to resign and reinstate Altman, or leave for Microsoft altogether. The letter also noted that Microsoft "has committed to offering positions to all OpenAI employees."
No. 4 Apple closed up 0.93 percent at $8.837 billion. According to well-known Apple sources, Apple may launch the Vision Pro headset in March next year, but it still needs to perfect the distribution plan of the Vision Pro and conduct further testing.
Apple also typically holds its spring event in March, when the company will likely promote the headset and show previews of other apps. Due to the device's complex design and difficult manufacturing, Apple has been forced to "significantly cut" its production forecasts. With fewer than 400,000 units expected to be produced by 2024, the device will initially only be available in the United States before reaching more markets, including Canada and the United Kingdom, by the end of next year.
No. 5 Amazon closed up 0.65 percent to $6.044 billion. Amazon on Monday announced the launch of its "AI Ready" program, which aims to provide free AI skills training to 2 million people worldwide by 2025 in the hope of discovering talent.
The American Teamsters Union said Monday that a strike by Amazon Teamsters union members has expanded to a Chicago warehouse.
No. 6 Meta Platforms closed up 1.47 percent to $5.545 billion. The company announced on Saturday that it is splitting off its Responsible AI team to shift more resources to generative AI work. It's part of a broader restructuring of the company's internal AI team this week.
Most of the team members responsible for AI will move to generative AI and continue to support Meta's cross-departmental work on responsible AI development and use. Some other members will move to the AI infrastructure sector. He noted that the company intends to bring these employees closer to the development of core products and technologies.
No. 11 Boeing rose 4.65 percent to $2.492 billion. Deutsche Securities on Monday upgraded Boeing's stock to "buy" from "hold", citing the company's strong free cash flow.
Deutsche Bank said the reason for the upgrade is simple: Boeing's aircraft deliveries are accelerating, it believes there is a credible case that the improvement can be sustained, and the delivery momentum should lead to a positive change in positive free cash flow.
Alibaba, No. 12, gained 1.11 percent to $2.261 billion. Recently, Alibaba Group released the financial report for the second quarter of the fiscal year 2024, of which Cainiao achieved revenue of 22.823 billion yuan in the quarter, an increase of 25% year-on-year, adjusted EBITA of 906 million yuan, and profitability continued to strengthen. Cainiao IPO in normal progress, has received feedback from the China Securities Regulatory Commission to supplement materials. The news has attracted widespread attention, and people have speculated about the future direction of Cainiao's IPO and Alibaba Group's strategic layout.
No. 14 Intel closed up 2.12 percent at $1.983 billion.
Palantir, the 15th leading AI application stock, closed 4.15% higher at $1.902 billion.
No. 18 PTEC Networks closed up 5.24 percent at $1.764 billion.
Here are the 20 most actively traded stocks of the day (by turnover) :
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Managing Editor: Zhang Jun SF065