U.S. Stocks in Motion | Large-cap tech stocks broadly higher; Tesla (TSLA.US) up over 5%

Zhitong Finance APP has learned that on Friday, large-cap tech stocks rose broadly. As of press time, Tesla (TSLA.US) was up over 5%, Google (GOOG.US, GOOGL.US) was up over 2%, AMD (AMD.US) and Broadcom (AVGO.US) were up over 3%, Amazon (AMZN.US) was up over 1.7%, and Meta (META.US) was up over 1%. On the news front, Tesla reported third-quarter deliveries that exceeded Wall Street expectations, as the European market recovered this year after weak sales last year. Tesla delivered a total of 486,532 vehicles in the third quarter, above the analysts' average estimate of 456,896. These figures indicate that after two consecutive years of annual sales declines, Tesla's core automotive business may be stabilizing. Tesla needs to deliver at least 311,448 vehicles in the fourth quarter to avoid a third consecutive year of annual delivery declines. Analysts expect that Tesla's gradual rollout of Full Self-Driving (FSD) software in Europe will further boost sales growth. Currently, FSD has been approved for use in 8 countries.