In One Chart | HIMS Surges 40%+ on NVO Deal - What Happened to Top 20 US Stocks by Turnover on March 10th

NVIDIA Corporation +2.57%
Tesla Motors, Inc. +0.96%
Broadcom Limited +4.69%
Micron Technology, Inc. -0.22%
Advanced Micro Devices, Inc. +3.55%

NVIDIA Corporation

NVDA

188.63

+2.57%

Tesla Motors, Inc.

TSLA

348.95

+0.96%

Broadcom Limited

AVGO

371.55

+4.69%

Micron Technology, Inc.

MU

420.59

-0.22%

Advanced Micro Devices, Inc.

AMD

245.04

+3.55%

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What's on the News?

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  • Nvidia Corporation(NVDA) saw a 2.72% increase as billionaire Leo KoGuan doubled his stake to 2 million shares, reinforcing his significant bet on the chipmaker amidst global market volatility.
  • Tesla, Inc.(TSLA) edged up 0.49% after opening its first public Tesla Semi supercharging station in Los Angeles, offering high-speed 750 kW charging for its electric truck customers.
  • Broadcom Inc.(AVGO) rose 4.62% after Morgan Stanley raised its price target, citing the company's leadership in custom ASICs for AI tasks as a more efficient alternative to GPUs.
  • Micron Technology, Inc.(MU) gained 5.14% as Bank of America highlighted the memory sector is in a 'super-cycle' with strong demand for DRAM and NAND, expecting robust profit margins.
  • Advanced Micro Devices, Inc.(AMD) advanced 5.33% following news of a multi-year intellectual property licensing agreement with Adeia, which also resolves all pending litigation between the two firms.
  • VERTIV HOLDINGS LLC(VRT.US) surged 9.33% after being added to the S&P 500 index, with the company reporting an 81% organic order growth over the past 12 months and strong backlog.
  • Lumentum Holdings Inc.(LITE) jumped 14.73% on its upcoming inclusion in the S&P 500 and a multi-billion dollar strategic collaboration with Nvidia Corporation(NVDA) focused on AI data center optical technology.
  • Hims & Hers Health, Inc.(HIMS) soared 40.79% after striking a deal with Novo Nordisk A/S Sponsored ADR Class B(NVO.US) to sell FDA-approved GLP-1 weight-loss drugs, ending prior litigation and marking a strategic shift for the company.
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