Tesla and Nvidia Lead Market Surge with Massive Trading Volumes

1. Nvidia (Nasdaq: NVDA)
Nvidia surged by 6.43%, with the trading volume of 37.02B. NVIDIA, reportedly in collaboration with TSMC, AMD, and Broadcom, may seek to acquire Intel's wafer foundry business. NVIDIA also plans to release the RTX 5060 series graphics cards, while some users criticize its pricing strategy for the RTX50 series as exploitative.

2. Tesla (Nasdaq: TSLA)
Tesla surged by 7.59%, with the trading volume of 34.64B. Tesla saw a $120 target price from JPMorgan, maintains 'Sell' from Guggenheim with $170 target. Tesla's revenue was $976.90 billion and net profit at $71.53 billion. Musk appeals Delaware court decision on $560 billion compensation.

3. Apple (Nasdaq: AAPL)
Apple dipped mildly by -1.75%, with the trading volume of 13.57B. Apple will begin mass-producing its foldable iPhone in Q4 of the next year. The launch of new Siri features has been indefinitely delayed, affecting a key iPhone 16 highlight. Morgan Stanley maintains an overweight rating for Apple with a new target price of $252.

4. Meta Platforms (Nasdaq: META)
Meta Platforms gained mildly by 2.29%, with the trading volume of 9.77B. The French publishers' and authors' association is suing Meta for unauthorized AI use of copyrighted content. Meta is testing internally developed AI training chips to reduce reliance on Nvidia. Meta also launched limited edition Ray-Ban Meta x Coperni smart glasses for $549.

5. Palantir Technologies (NYSE: PLTR)
Palantir Technologies surged by 7.17%, with the trading volume of 9.60B. Palantir was majorly bought by Cathie Wood's ARK Investment, investing over $70 million in tech stocks including Tesla, Palantir, Coinbase, and others, amidst market turmoil she describes as a "rolling recession," anticipating a "deflationary boom" later this year.

6. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 0.74%, with the trading volume of 9.16B. The U.S. Federal Trade Commission is advancing a large-scale antitrust investigation into Microsoft, reflecting new FTC Chair Andrew Ferguson's focus on tech giant scrutiny. Additionally, users have reported issues with launching classic Outlook on Microsoft Terminal Server.

7. Amazon (Nasdaq: AMZN)
Amazon.Com gained mildly by 1.17%, with the trading volume of 8.36B. Amazon pledges support for nuclear energy growth, promises national and gender consistency for the 007 franchise, and continues to develop its marketplace for a strategic advantage.

8. Netflix (Nasdaq: NFLX)
Netflix gained mildly by 2.75%, with the trading volume of 6.30B. Netflix's gaming division head Mike Verdu departs, prompting changes in the company's gaming strategy.

9. Broadcom (Nasdaq: AVGO)
Broadcom gained mildly by 2.18%, with the trading volume of 5.93B. Taiwan Semiconductor Manufacturing Company proposed a joint investment with NVIDIA, AMD, and Broadcom to operate Intel's wafer fabrication facilities. Broadcom and NVIDIA are leading data center optical interconnect advances, significantly enhancing efficiency with co-packaged optics technology.

10. Alphabet (Nasdaq: GOOGL)
Alphabet gained mildly by 1.87%, with the trading volume of 4.59B. Google, Amazon, and Meta support expanding nuclear power by 2050. Google unveiled its AI model Gemma 3, designed for developers, claiming high performance on single GPU/TPU. Google invested over $3 billion in Anthropic, raising questions about its independence.