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The Volume has soared, let's get to know the latest rising "four monster stocks" in the US market.
Yesterday, the total trading volume of Quantum Computing, Rigetti Computing, financial technology and defense company Nukkleus Inc., and voice recognition and AI company SoundHound AI was close to 10 billion USD, surpassing 476 constituent stocks in the S&P 500 Index.
Express News | U.S. stock market night session: Micron Technology plummeted over 16% after earnings, NVIDIA rose over 2%; Quantum Computing concept stocks corrected, Quantum fell over 16%.
Top 20 transaction amounts | Quantum computing company QUBT skyrocketed by nearly 53%; MicroStrategy fell by more than 9%.
On Wednesday, Broadcom, ranked 4th in U.S. stock trading volume, fell by 6.91% with a transaction of 12.253 billion USD; MicroStrategy, ranked 8th, dropped by 9.52% with a transaction of 8.878 billion USD; Quantum Computing, ranked 14th, rose by 52.95% with a transaction of 5.102 billion USD.
U.S. stock market close | The Federal Reserve takes a hawkish stance, three major Indexes drop together, with the Nasdaq down over 3%; Tesla falls over 8%, leading the decline among Technology giants, while Quantum Computing concept stock, Quantum, soars
The Dow Jones experienced ten consecutive declines, marking the longest streak of losses since 1974. The S&P fell nearly 3%, and the Nasdaq dropped over 3%. Tesla led the tech giants down with a decline of over 8%. The chip index fell nearly 4%, with Broadcom dropping nearly 7%, and NVIDIA initially rose nearly 5% during the day before turning negative. Micron Technology, which provided disappointing guidance for this fiscal quarter, fell over 10% in after-hours trading.
Quantum Computing Stocks Are Flying. Investors Should Brace for a Long Haul. -- Barrons.com
Why SoundHound AI (SOUN) and Quantum Computing (QUBT) Are Surging Today