US Stock Fund Activity List | Tesla Rises Over 4%, US Government Considers Issuing Robot Executive Order Next Year

On Wednesday, Tesla, the top stock in U.S. trading, rose 4.08%, with a transaction volume of $38.424 billion. In terms of news, five months after announcing its accelerated artificial intelligence development plan, the Trump administration is beginning to turn its attention to robotics. Sources revealed that Secretary of Commerce Gina Raimondo has been meeting with CEOs in the robotics industry and is "fully committed" to accelerating the development of the sector. The Trump administration is considering issuing an executive order on robotics technology next year, and the Department of Transportation is also preparing to announce the establishment of a robotics working group, which may be revealed by the end of the year.

NVIDIA, the second-largest stock, fell 1.03%, with a transaction volume of $29.182 billion. NVIDIA CEO Jensen Huang met with Trump on Wednesday. The two discussed export controls, and Huang expressed support for them. Huang stated, "We should ensure that American companies have the best, most advanced, and most chips."

Trump praised Huang, saying he "has done an outstanding job."

Microsoft, the third-largest stock, fell 2.5%, with a transaction volume of $16.064 billion. Reports indicate that Microsoft has lowered its spending expectations for enterprise customers on its cloud division's AI models and agent market platform.

According to The Information, citing two salespeople from the Azure cloud division, Microsoft has lowered sales growth targets for specific AI products in several departments due to many salespeople failing to meet sales targets for the fiscal year ending in June. The report noted that this unusual adjustment reflects Microsoft's efforts to address enterprises' reluctance to pay higher AI costs.

A Microsoft spokesperson stated in an email, "The Information's report incorrectly conflates growth with sales quotas, indicating they do not understand how the sales organization operates and its compensation mechanisms. As we informed them before the report was published, the overall sales quota for AI products has not been lowered."

According to The Information, one of Microsoft's sales teams had set a target requiring salespeople to increase customer spending on the company's Foundry market platform by 50% in the last fiscal year. However, the report stated that less than one-fifth of the salespeople achieved the target, and Microsoft lowered the current fiscal year's target in July to about a 25% increase compared to the previous fiscal year.

Alphabet's Class A shares (GOOGL) rose 1.21%, with a transaction volume of $12.789 billion. Google's Waymo announced it will launch autonomous driving services in Baltimore and St. Louis.

Additionally, the company announced it has begun testing a new feature that combines its AI overview with AI modes in search. This means that after users receive the now-common AI-generated key information snapshots above search results, they can choose to ask follow-up questions in a conversational interface for deeper exploration.

Google refers to this conversational feature as AI mode. This feature was launched to U.S. users in May and to global users in August, allowing users to engage in two-way conversations with Google's Gemini AI, experiencing something similar to ChatGPT Amazon, ranked 7th, closed down 0.87% with a transaction volume of $8.19 billion. Amazon announced on Wednesday that Sony Pictures' core content is now available on the Prime Video platform in the United States and Canada.

Bank of America Securities raised Amazon's target price from $272.00 per share to $303.00.

AMD, ranked 10th, closed up 1.10% with a transaction volume of $6.135 billion. The company's CEO, Lisa Su, stated on Wednesday that the memory shortage "may cause slight disruptions in the artificial intelligence market."

Netflix, ranked 11th, closed down 4.93% with a transaction volume of $5.493 billion. Reports on Wednesday indicated that the company's chairman, Reed Hastings, sold 375,470 shares of the company stock.

Marvell Tech, ranked 13th, closed up 7.87% with a transaction volume of $5.213 billion. The company's third-quarter revenue was $2.075 billion, a year-on-year increase of 37%, exceeding expectations of $2.069 billion, with an adjusted earnings per share of $0.76, surpassing expectations of $0.74. The company expects its data center business revenue to grow over 25% year-on-year in fiscal year 2027, significantly higher than the market expectation of 16%, and predicts that the growth rate will accelerate further in fiscal year 2028.

JP Morgan raised Marvell Tech's target price from $120 to $130.

Oracle, ranked 16th, closed up 3.30% with a transaction volume of $3.884 billion. Amid the ongoing AI investment boom, there were previous concerns that Oracle might issue up to $100 billion in debt to fund its AI ambitions. Concerns about Oracle's debt situation caused its five-year credit default swaps (CDS) to spike to a three-year high. However, BNP Paribas believes that the actual amount of debt Oracle will issue will be far less than $100 billion.

BNP Paribas analyst Stefan Slowinski stated in a client report: "We estimate that Oracle only needs to issue $25 billion to $35 billion in debt to fund its AI infrastructure development." He added that although the $25 billion to $30 billion debt issuance is outside the $18 billion bonds the company recently issued, it is still far below the $100 billion that some investors are concerned about