High Volume Stars: Tesla & Nvidia Shine Amid Market Shifts

1. Tesla (Nasdaq: TSLA)
Tesla gained solidly by 4.07%, with the trading volume of 47.12B. Tesla's board chair Robyn Denholm sold over $230 million in stocks following a decline in performance after Elon Musk's public support of Trump. Meanwhile, Tesla expanded its presence in the Asia-Pacific market with the rollout of the revamped Model Y.

2. Nvidia (Nasdaq: NVDA)
Nvidia gained solidly by 4.16%, with the trading volume of 37.62B. NVIDIA's CEO Jensen Huang to present at Computex 2025, highlighting AI advancements. Bridgewater Associates reduced holdings in NVIDIA in Q1 2025, also decreasing stakes in Google and Meta. NVIDIA and MediaTek to collaborate on Arm chips.

3. Palantir Technologies (NYSE: PLTR)
Palantir Technologies gained mildly by 1.62%, with the trading volume of 12.55B. Palantir Technologies received a significant endorsement from Bank of America, recognizing it as an AI standard-setter with a target price of $150. Additionally, insider trading was disclosed, with Heather A. Planishek purchasing 10,000 shares on May 8, 2025.

4. Unitedhealth Group Incorporated (NYSE: UNH)
Unitedhealth Group Incorporated dipped mildly by -1.10%, with the trading volume of 12.49B. UnitedHealth Group CEO Andrew Witty resigned, leading to the withdrawal of the 2025 earnings forecast and a rating downgrade by Bank of America to "neutral." Stephen Hemsley was appointed with a base salary of $1 million, and the company was removed from Raymond James' favorable list.

5. Apple (Nasdaq: AAPL)
Apple dipped mildly by -0.28%, with the trading volume of 10.47B. Apple plans to launch its first large foldable iPhone in late 2026. At WWDC 2025, Apple will unveil iOS 19 updates and introduce new application features. Additionally, Foxconn will build a $4.35 billion chip factory in India to support Apple's iPhone production.

6. Advanced Micro Devices (Nasdaq: AMD)
Advanced Micro Devices gained solidly by 4.68%, with the trading volume of 9.54B. AMD has initiated Zen 6 architecture development, submitted patches to Linux kernel, confirmed AM5 platform support for CUDIMM memory, and partnered with Saudi AI company Humain in a $100 billion strategic collaboration. Also, AMD launched EPYC 4005 series processors for SMBs and IT environments.

7. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 0.85%, with the trading volume of 9.00B. Microsoft launches new Copilot with voice activation, updates Edge for increased security, releases Xbox Floral Collection, and partners with Schneider Electric on AI industrial systems, while announcing global layoffs of 3% and alleged tension with OpenAI.

8. Meta Platforms (Nasdaq: META)
Meta Platforms gained mildly by 0.51%, with the trading volume of 8.13B. Meta's FAIR team, with Georgia Tech, developed CATransformers framework prioritizing carbon emissions reduction. Additionally, Meta CTO and Mark Zuckerberg are advocates for AR glasses.

9. Amazon (Nasdaq: AMZN)
Amazon.Com dipped mildly by -0.53%, with the trading volume of 8.10B. Amazon plans to lay off around 100 employees in its Devices and Services department, which includes Alexa and Kindle teams, highlighting efforts to streamline operations. Additionally, Amazon Web Services collaborates with Saudi AI company HUMAIN in a $50 billion strategic investment for an AI special zone in Saudi Arabia.

10. Alphabet (Nasdaq: GOOGL)
Alphabet gained solidly by 3.66%, with the trading volume of 8.01B. Google DeepMind introduced AlphaEvolve, an AI agent for algorithm design, solving a 300-year-old math problem. Google's Chromium open-source project will include a "de-elevate" feature to enhance Chrome browser security on Windows. Bridgewater reduced its positions in Google in Q1 while increasing Alibaba and Baidu holdings.