Investing.com -- January 2025 saw a flurry of activity on Robinhood (NASDAQ:HOOD) UK's trading platform, with Nvidia (NASDAQ:NVDA) leading the list of the top 10 stocks bought by retail investors.

Other popular purchases included Tesla Inc (NASDAQ:TSLA), MicroStrategy (NASDAQ:MSTR), and Meta Platforms Inc (NASDAQ:META), among others. This list, which is based on the total value of buy trades, does not constitute trading advice or recommendations.

Despite facing competition from DeepSeek, a new entrant in the AI market, NVIDIA managed to secure the top spot among Robinhood UK users' purchases. The company's position was likely buoyed by comments from NVIDIA's CEO, Jensen Huang, who downplayed the threat posed by quantum computing, a sector that had been gaining significant attention.

MicroStrategy and Tesla also retained their popularity among investors, despite being surpassed by NVIDIA. This remained the case as Bitcoin (BitfinexUSD)'s value fluctuated around the $100,000 mark, a trend that closely mirrored the performance of Coinbase Global Inc (NASDAQ:COIN), another top pick for the month.

Late in January, IREN Ltd (NASDAQ:IREN) a bitcoin miner and AI services provider, announced plans for a $1bn facility to increase its mining capacity. This news resulted in a boost to the company's stock, landing it on the list of top buys for the month.

The performance of Tesla in February will likely depend on investor sentiment following the company's fourth-quarter earnings and revenue results, which fell short of analyst expectations.

Rigetti Computing Inc (NASDAQ:RGTI) experienced a tumultuous month as it initially fell from a peak early in January, only to more than double later in the month. However, it ended January approximately a third lower than its highs. This was likely due to Huang's comments, which dampened enthusiasm for the sector's progress and raised concerns about competition from DeepSeek.

Similarly, Sealsq Corp (NASDAQ:LAES) failed to reverse a decline despite announcing a range of patents in quantum security. The company's stock performance was likely affected by the broader sector's downturn.

Finally, Meta Platforms and Palantir Technologies Inc (NASDAQ:PLTR) both ended the month on a positive note. Meta's stock benefited from an increase in ad revenue and a significant rise in both revenues and profits, thanks to AI-backed algorithms.

Palantir, meanwhile, managed to end the month at a level similar to where it started, indicating investor confidence in the company's commercial and governmental contract strategies.

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