Tesla, ranking first in Tuesday's US stock trading volume, closed up 1.89% with a turnover of $27.15 billion. The company appointed a leader from its European operations to oversee global electric vehicle sales, marking the latest leadership change for its struggling automotive division. According to informed sources, Joe Ward, Vice President of Tesla's Europe, Middle East, and Africa (EMEA) business, will lead the company's sales, service, and delivery organizations.
Nvidia, the second most traded stock, closed down 0.79% with a turnover of $25.777 billion. Recent reports indicate that Samsung Electronics plans to begin mass production of its next-generation high-bandwidth memory chips ahead of schedule. Samsung aims to start large-scale production of HBM4 chips this month to supply Nvidia's next-generation AI accelerator, Vera Rubin. It is reported that this chip's processing speed is approximately 22% faster than the previous HBM3E, with a data transfer rate reaching 11.7 Gbps.
Microsoft, ranking third, closed down 0.08% with a turnover of $18.61 billion. Media reported on Tuesday that former President Trump intends to exempt companies like Amazon, Google, and Microsoft from upcoming chip tariffs, as these firms are competing to build data centers powering the AI boom. Additionally, reports suggest the Trump administration wants tech companies to commit to a new agreement concerning AI data centers. The draft agreement outlines commitments to ensure data centers do not increase household electricity prices, strain water resources, or disrupt the energy grid.
Micron Technology, the fifth most traded, closed down 2.67% with a turnover of $13.199 billion. Deutsche Bank raised its price target for Micron from $300 to $500.
Western Digital, ranking eighth, closed down 7.16% with a turnover of $8.676 billion. In a report dated February 8, Goldman Sachs stated that the global memory market could experience one of the most severe supply shortages in history during 2026-2027, with significant widening gaps in supply and demand for DRAM, NAND, and HBM. More importantly, even in an extreme scenario of sharp declines in smartphone and PC demand, robust server demand could absorb the shock and maintain a tight market structure. The company's recent earnings report showed strong fundamentals: earnings per share of $6.20 significantly exceeded market expectations of $3.31, and revenue reached $3.03 billion, a 61% year-over-year increase. Positive forward guidance from management strongly supported the recent rally. Market views conflict with volatility: several institutions have raised price targets (some as high as $750-$1000) and issued Buy ratings, but extreme volatility and overbought technical indicators triggered short-term profit-taking. MarketBeat's consensus analyst rating is "Moderate Buy" with an average price target of $542.85.
Palantir, the tenth most traded, closed down 2.38% with a turnover of $7.873 billion, following two consecutive days of gains.
Oracle, ranking twelfth, closed up 2.11% with a turnover of $6.419 billion. Recently, brokerage firm D.A. Davidson upgraded Oracle's stock rating from "Neutral" to "Buy," reflecting a market reassessment of Oracle's future growth potential. Analysts at Davidson noted that Oracle's continued investment in cloud computing and artificial intelligence, particularly in data center construction, is expected to drive significant revenue growth. As corporate demand for data processing and storage rises, Oracle's competitive advantage in this area becomes increasingly evident. Furthermore, Fitch assigned a "BBB" rating to Oracle's senior notes and affirmed its issuer credit rating with a stable outlook. This rating not only boosts market confidence in Oracle's financial health but also provides a firmer foundation for investors. In the context of increasing global economic uncertainty, a company's credit rating significantly influences investor decisions. Analysts pointed out that recent news of Oracle's layoffs and plans to sell its health business unit, while seemingly negative on the surface, may be necessary strategic adjustments. By reducing redundant positions and optimizing resource allocation, Oracle can channel more funds and effort into building AI data centers, thereby better meeting market demand. Such a transformation is expected to improve operational efficiency and enhance the company's competitiveness in technological innovation.
Spotify Technology S.A., ranking sixteenth, closed up 14.75% with a turnover of $5.197 billion, after reporting third-quarter 2025 results that exceeded Wall Street expectations. Spotify reported quarterly earnings per share of $3.83, surpassing the analyst consensus estimate of $1.87. Revenue reached $4.99 billion (€4.19 billion), a 7% year-over-year increase, beating the expected $4.92 billion. The earnings report indicated accelerated user growth. Monthly Active Users increased by 17 million to 713 million, exceeding the company's guidance by 14 million. Premium Subscribers grew 12% year-over-year to 281 million, meeting expectations and showing broad-based regional growth. Despite strong growth momentum, profitability trends softened. Average Revenue Per Premium User declined 4% year-over-year to €4.53, while ad-supported revenue fell 6%. Margin performance was mixed, with a decline in Average Revenue Per Premium User. Spotify's gross margin improved by 53 basis points to 31.6%, driven by growth in the ad-supported business.
Intel, the eighteenth most traded, closed down 6.19% with a turnover of $4.748 billion. Recent reports stated that Intel's foundry business successfully secured a key client, MediaTek, with potential mass production of Dimensity mobile chips using Intel's most advanced 14A process. Sources also indicated that Intel is actively expanding its client base. Previous reports suggested Apple has signed a confidentiality agreement to evaluate Intel's 18A-P process and might outsource production for some non-Pro series iPhone chips or low-end M-series chips to Intel by 2027 or 2028.