Tesla (TSLA) Leads Trading Volume, Musk's Political Moves Highlighted

Dec 06, 2024

Tesla (TSLA, Financial) topped the trading volume with a 5.34% gain, reflecting a 60% rise since Trump's election win. CEO Elon Musk donated $2.59 billion to Trump's 2024 campaign, becoming a major presidential campaign sponsor. Nvidia (NVDA) saw a 1.81% drop amid reports of its next-gen AI GPU architecture "Rubin" launching earlier than expected. Meta Platforms climbed 2.44% after announcing a $10 billion AI data center in Louisiana. Amazon (AMZN) rose 2.94% after successful drone delivery tests in Italy. Lululemon (LULU) surged 15.89% on strong Q3 earnings and raised fiscal forecasts. SoundHound jumped 12.60% after acquiring Amelia AI for $80 million.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

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