US Stock Fund Activity Rankings | NVIDIA falls over 3%, analysts point out that NVIDIA's growth and market share have peaked

On November 21 (Thursday), NVIDIA, the top stock by trading volume in the U.S. market, closed down 3.15% with a trading volume of $63.097 billion. In the morning, NVIDIA's stock price rose more than 5%, peaking at $196, but later retraced its morning gains and closed down 3.15%, dragging down the overall market.

The chip manufacturer saw its stock price rise 5% after reporting better-than-expected quarterly results and an optimistic sales forecast for the fourth quarter. CEO Jensen Huang stated that the demand for its current generation Blackwell chips is "off the charts" and dismissed the notion of an AI bubble.

Analysts pointed out that the market is skeptical that NVIDIA's growth and market share may have peaked.

David Russell, Global Market Strategist at Trade-Station, said, "So far, NVIDIA's earnings data remains very strong, but inevitably, there will be questions about whether Jensen Huang's company has reached its peak in growth and market share."

Tesla, ranked second, closed down 2.17% with a trading volume of $45.593 billion. In the morning, Tesla's stock price rose over 6%, peaking at $428.94. The Arizona Department of Transportation stated in an email that it has issued a transportation network company license to Tesla. This milestone allows Tesla to operate vehicles using its autonomous driving system, but requires human safety monitors to be present.

Additionally, Musk responded to a user's question on X, stating, "When unsupervised autonomous driving becomes widespread, valuations will change significantly, and when the Optimus robot reaches mass production, valuations will change even more."

Alphabet's Class A shares (GOOGL), ranked third, closed down 1.15% with a trading volume of $17.74 billion. In the morning, the stock rose over 4.6%. Reports on Thursday indicated that the robotics startup Physical Intelligence raised $600 million in a new funding round led by a fund under Google, valuing the startup at $5.6 billion. The company is focused on developing AI software to help robots learn a wide range of tasks.

AMD, ranked fourth, closed down 7.84% with a trading volume of $14.082 billion. Reports indicated that AMD and Cisco will jointly invest in a joint venture with Saudi AI startup HUMAIN, aiming to build up to 1 gigawatt of AI infrastructure by 2030, with an initial deployment of 100 megawatts in Saudi Arabia.

Palantir, ranked fifth, closed down 5.85% with a trading volume of $12.513 billion. The stock rose over 5% in the morning.

Amazon, ranked ninth, closed down 2.49% with a trading volume of $10.999 billion. The company has officially launched its Black Friday promotions, offering extensive discounts across device and technology product categories, with its promotional summary page highlighting record or near-record low-priced items In addition, reports on Thursday indicated that Amazon plans to invest at least $3 billion in Warren County.

Micron, ranked 12th, fell 10.87%, with a trading volume of $9.943 billion. U.S. storage chip stocks generally plummeted on Thursday. Micron's stock has declined for four consecutive trading days, with a total drop of 18.42%.

Exact Sciences, ranked 13th and a leader in cancer detection, rose 16.81%, with a trading volume of $6.867 billion. Abbott is nearing a deal to acquire the company, with the transaction expected to exceed $13 billion, and an official announcement could come within days.

As of now, both parties are still finalizing the details of the transaction, and Abbott's acquisition offer, payment methods, and other core terms have not been disclosed. Both companies have not responded to media requests for comments. Insiders specifically mentioned that due to the large amount involved in the merger, there is a possibility of delays or even termination of the transaction due to regulatory reviews or differences in terms.

SanDisk, ranked 15th, closed down 20.33%, with a trading volume of $5.689 billion.

Walmart, ranked 16th, rose 6.46%, with a trading volume of $5.33 billion. The company's third-quarter profits and sales exceeded market expectations. In the current consumer environment filled with uncertainty, and with some major competitors under pressure, Walmart still achieved growth.

Data shows that Walmart's adjusted earnings per share were $0.62, higher than Wall Street analysts' expectations of $0.60; revenue grew 6% year-on-year to $179.5 billion, also exceeding the expected $177.6 billion.

Same-store sales in its U.S. business also exceeded expectations, growing 4.5% year-on-year, surpassing the market forecast of 4%. Data shows that foot traffic in Walmart's U.S. stores increased by 1.8% year-on-year, and the average transaction value rose by 2.7% year-on-year.

In a conference call with investors, Walmart CEO Doug McMillon stated that the company "performed strongly across all income groups, especially among high-income households." Last week, McMillon announced plans to retire early next year, with current Walmart U.S. President John Furner set to succeed him as CEO.

Robinhood, ranked 18th, fell 10.11%, with a trading volume of $4.675 billion. As Bitcoin prices continued their downward trend for several weeks, high-momentum stocks like Robinhood Securities generally declined