Volume Stonkers | ServiceNow soared 15.54%, Needham Maintains Buy Rating Despite Valuation Risks

Tesla, the top stock by trading volume, rose 3.50% with a trading volume of $23.763 billion. Recently, Tesla has caught the attention of Morgan Stanley, whose analysts noted that despite challenges, Elon Musk's return signals positive prospects for the company, setting a target price of $410. Additionally, the potential easing of regulations on autonomous vehicles in the U.S. could benefit Tesla.

NVIDIA ranked second, gaining 3.62% with a trading volume of $22.956 billion. NVIDIA and Amazon confirmed that their AI center development plans have not slowed down, and demand in the semiconductor sector remains robust. NVIDIA also showed significant activity in the options market.

Palantir, in third place, increased by 6.90% with a trading volume of $10.756 billion. Palantir has partnered with Google to introduce cloud services to U.S. government project platforms, further expanding its market influence. Analysts remain optimistic about its stock, predicting a potential rise to $125.

Apple, the fourth-ranked stock, rose 1.84% with a trading volume of $9.751 billion. Reports suggest Apple plans to integrate its robotics department into the hardware segment to boost its development in artificial intelligence, potentially enhancing its competitiveness in the tech industry.

Microsoft, in fifth place, climbed 3.45% with a trading volume of $8.520 billion. Goldman Sachs maintained its buy rating on Microsoft, though with a lowered target price. Microsoft's overall market performance benefited from strong economic data and international affairs.

Amazon, ranked sixth, increased by 3.29% with a trading volume of $7.770 billion. Amazon's stock rose following Alphabet's quarterly report release. Its position in the cloud computing market was further solidified, being recognized as a top cloud IaaS provider by the Info-Tech Research Group.

Meta, in seventh place, rose 2.48% with a trading volume of $7.050 billion. Meta announced layoffs of over 100 employees to streamline its structure, while its Threads app is undergoing platform migration to enhance user experience.

Netflix, eighth by trading volume, surged 4.51% with a trading volume of $6.906 billion. Netflix's CEO stated that the company's innovations in streaming have rejuvenated Hollywood, with the stock hitting a new high. The market remains confident about Netflix's future.

Google A, ranked ninth, rose 2.53% with a trading volume of $6.905 billion. Alphabet's CFO indicated a significant increase in cloud computing capacity deployment by 2025, while continuing to optimize its advertising business.

ServiceNow, in tenth place, soared 15.54% with a trading volume of $5.648 billion. ServiceNow's CEO reported strong performance in the first quarter. Despite valuation risks, Needham maintained its buy rating on the company.

Broadcom, ranking eleventh, increased by 6.35% with a trading volume of $5.110 billion. Broadcom stood out in the strong semiconductor sector, with market optimism about its future development.

Google C, in twelfth place, rose 2.38% with a trading volume of $4.682 billion. Google once again demonstrated its strong execution in search, YouTube, and cloud services, continuing to solidify its market position.

MicroStrategy, ranked thirteenth, gained 1.33% with a trading volume of $3.701 billion. Although insiders sold some shares, the company maintained a six-day upward trend, reflecting market confidence.

IBM, in fourteenth place, fell 6.59% with a trading volume of $3.523 billion. Despite IBM's first-quarter results exceeding expectations, concerns about tariffs and government spending cuts led to a decline in its stock price.

UnitedHealth, ranked fifteenth, dropped 0.84% with a trading volume of $3.237 billion. Barclays maintained its buy rating on UnitedHealth, though with a lowered target price, reflecting caution about its short-term outlook.

Procter & Gamble, in sixteenth place, fell 3.76% with a trading volume of $3.188 billion. P&G lowered its full-year guidance due to trade war impacts, putting pressure on its stock, though CFRA still maintains a buy opinion.

SMCI, ranked seventeenth, rose 4.51% with a trading volume of $3.125 billion. Driven by overall market strength and the semiconductor sector, Super Micro Computer Inc. once again attracted investor attention.

Fiserv, in eighteenth place, plummeted 18.55% with a trading volume of $3.108 billion. Despite Fiserv's first-quarter earnings per share beating expectations, revenue fell short, leading to a sharp decline in its stock price.

Texas Instruments, ranked nineteenth, rose 6.56% with a trading volume of $3.064 billion. Texas Instruments' first-quarter report showed revenue growth, and analysts remain optimistic about its demand growth in the automotive and industrial sectors.

TSMC, in twentieth place, increased by 4.01% with a trading volume of $2.853 billion. TSMC plans to produce cutting-edge A14 chip technology by 2028, highlighting its technological leadership in semiconductor manufacturing.