What's on the News?

• Tesla Motors, Inc.(TSLA.US) was the top-traded stock, closing down 3.25%. Tesla has risen over 60% in 2024, benefiting from Trump's election victory. CEO Elon Musk has close ties with Trump, who plans to ease regulations in AI, including autonomous driving.
  UBS projected Tesla's Q4 deliveries to be about 510,000 units. Tesla's Shanghai energy storage gigafactory project, completed on December 27, set a new "Tesla Speed" and "Shanghai Speed," finishing in just seven months from May commencement. Trial production has begun with mass production expected early next year.
• NVIDIA Corporation(NVDA.US) came in second, closing down 2.33%. NVIDIA has surged over 170% in 2024, driven by the narrative around AI and productivity gains, consistently reaching new highs. It surpassed Tesla as the most net-bought stock by retail investors in 2024. According to Vanda Research, retail investors have net-bought $29.8 billion worth of NVIDIA stock as of December 17, nearly double that of the second-place ETF-S&P 500(SPY.US) and triple that of Tesla's $14.7 billion. Wedbush named NVIDIA as the top tech winner in the AI revolution for 2025.
• Apple Inc.(AAPL.US) ranked third, closing down 0.71%. It rose over 30% in 2024. Apple has accelerated its AI strategy, integrating generative AI in its app suite and incorporating OpenAI's ChatGPT into its devices, driving its market value higher.
• MicroStrategy Incorporated Class A(MSTR.US) closed down 4.40%. The bitcoin concept stock rose about 360% in 2024 but dropped over 25% in December.
• Microsoft Corporation(MSFT.US) closed down 0.78%. It rose 13% in 2024, underperforming the S&P 500.
• Amazon.com, Inc.(AMZN.US) finished down 0.86%. It climbed over 44% in 2024.
• Palantir Technologies(PLTR.US) closed down 2.01%, having surged 340% in 2024. Wedbush ranked it third among AI revolution winners for 2025, behind NVIDIA and Microsoft.
• Broadcom Limited(AVGO.US) closed down 1.59%. It rose over 110% in 2024, with its market cap exceeding $1 trillion for the first time.
• Advanced Micro Devices, Inc.(AMD.US) closed down 1.35% and saw an 18% decline in 2024.
• Meta Platforms(META.US) closed down 0.97%. It rose 66% in 2024. Reports indicate founder and CEO Mark Zuckerberg sold shares worth over $23 million last week.
• Alphabet Inc. Class A(GOOGL.US) closed down 1.01% and rose 36% in 2024.
• Boeing Company(BA.US) closed up 0.25% but saw a 32.1% decline in 2024. Boeing faced numerous challenges, including accidents and production issues with its 737 series, resulting in regulatory scrutiny and production limits.
• Berkshire Hathaway Inc. Class B(BRK.B.US) closed up 0.25%. The stock rose over 27% in 2024, marking its ninth consecutive year of annual gains.