Coinbase Soars Amidst Insider Moves and Hacker Drama; Tesla and Nvidia Lead Volume Surge

1. Tesla (Nasdaq: TSLA)
Tesla gained mildly by 2.09%, with the trading volume of 31.65B. Tesla appoints Jack Hartung, a veteran from Chipotle and McDonald's, to its board effective June 1.

2. Nvidia (Nasdaq: NVDA)
Nvidia gained mildly by 0.42%, with the trading volume of 29.73B. NVIDIA plans to establish a new research center in Shanghai and is supporting the UAE's Stargate data center project alongside Cisco and OpenAI.

3. Unitedhealth Group Incorporated (NYSE: UNH)
Unitedhealth Group Incorporated surged by 6.40%, with the trading volume of 19.89B. UnitedHealth Group is under investigation by the US Department of Justice for potential healthcare fraud. Additionally, American bank analysts have downgraded UnitedHealth Group's rating to "neutral" due to executive team upheaval, impacting 2025 performance forecasts.

4. Coinbase Global (Nasdaq: COIN)
Coinbase Global surged by 9.01%, with the trading volume of 19.18B. Coinbase Global reports insider sales by major shareholders Armstrong and Ehrsam. The company also revealed hackers stole customer data, demanding $20 million in ransom, potentially costing $400 million, but Coinbase refused to pay and plans customer compensation.

5. Meta Platforms (Nasdaq: META)
Meta Platforms dipped mildly by -0.55%, with the trading volume of 11.47B. Meta Platforms defends itself against the FTC's antitrust allegations, claiming they lack evidence. Renaissance Technologies adds ServiceNow and Google-C in Q1 but reduces Apple holdings. Meta delays Behemoth AI model release, facing technical challenges and market concern. 3G Capital increases Analog Devices holdings, exits Uber and Broadcom.

6. Apple (Nasdaq: AAPL)
Apple dipped mildly by -0.09%, with the trading volume of 11.30B. Apple is discouraging iOS app users from using third-party payments with direct pop-up notifications and has globally removed 'Fortnite' from iOS due to a denied re-submission request by Epic Games. Trump is attempting to stop Apple from producing iPhones in India, but analysts believe production will remain in India and China.

7. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 0.25%, with the trading volume of 10.75B. Microsoft plans to offer cheaper Office versions without Teams to address EU antitrust concerns and avoid potential fines. Additionally, Microsoft announced layoffs of 6000 employees, mainly impacting software engineering due to AI advancements.

8. Shopify (Nasdaq: SHOP)
Shopify gained mildly by 0.49%, with the trading volume of 10.63B. On May 15, Shopify reported a transaction value of $14.99 billion, ranking 46th among US equities for the day.

9. Amazon (Nasdaq: AMZN)
Amazon.Com gained mildly by 0.20%, with the trading volume of 8.65B. GE Aviation, in collaboration with Boeing, secured a $145 billion order as part of a $200 billion US-UAE deal facilitated by President Trump. UBS's Q1 holdings report shows preferences for Nvidia and Amazon, along with increased positions in S&P 500 ETFs and put options.

10. Palantir Technologies (NYSE: PLTR)
Palantir Technologies gained mildly by 1.09%, with the trading volume of 7.11B. Ark Invest, led by Cathie Wood, reduced Tesla holdings for the third consecutive quarter, while increasing exposure to emerging tech and biotech sectors, including Palantir, UiPath, and Coinbase. Renaissance Technologies initiated positions in ServiceNow and Google while reducing Apple.