High Stakes and High Volumes: Nvidia Leads Market Sway amidst AI Misunderstandings

1. Nvidia (Nasdaq: NVDA)
Nvidia dropped solidly by -4.08%, with the trading volume of 31.01B. NVIDIA CEO Jensen Huang addressed investor concerns, clarifying that the sell-off related to DeepSeek was based on misunderstandings, and emphasizing that shifts in AI training continue to demand NVIDIA's strong computing power.

2. Tesla (Nasdaq: TSLA)
Tesla dropped solidly by -4.68%, with the trading volume of 25.14B. Tesla plans to recall over 370,000 Model 3 and Model Y vehicles from 2023 to address a power steering assist issue through an OTA update.

3. Palantir Technologies (NYSE: PLTR)
Palantir Technologies dropped solidly by -4.59%, with the trading volume of 13.40B. Palantir recently announced its 2024 annual report, with $28.66 billion in revenue. Loop Capital initiated coverage with a buy rating and a $141 target price. The company faces pressure from potential US defense budget cuts and CEO stock sale plans.

4. Apple (Nasdaq: AAPL)
Apple dipped mildly by -0.11%, with the trading volume of 13.07B. Apple CEO Tim Cook reportedly promised President Trump to relocate manufacturing from Mexico to the US and invest billions in the nation, amidst attempts to avoid tariffs. Meanwhile, the iPhone 16e is set for major supply from BOE for its display screens.

5. Amazon (Nasdaq: AMZN)
Amazon.Com dipped mildly by -2.83%, with the trading volume of 11.99B. Amazon gains creative rights for the 007 film series, potentially shaping future cinematic projects.

6. Microsoft (Nasdaq: MSFT)
Microsoft dipped mildly by -1.88%, with the trading volume of 10.98B. Microsoft introduced the Majorana 1 quantum chip, the first quantum processor based on topological qubits, integrating eight qubits on a 0.01mm-wide chip, marking a significant advancement in quantum computing technology.

7. Meta Platforms (Nasdaq: META)
Meta Platforms dipped mildly by -1.62%, with the trading volume of 10.71B. Meta defended using pirated materials to train AI, claiming no legal violation if no sharing occurs. The company significantly increased executive bonuses after announcing a 5% layoff. Meta collaborated with Georgia Tech on VR/AR for robotics and launched a $50 million VR creator fund.

8. Alibaba Group Holding Limited (NYSE: BABA)
Alibaba Group Holding Limited gained solidly by 5.68%, with the trading volume of 10.54B. Alibaba's FY2025 Q3 report showed revenue of CNY 759.89 billion with a 5.64% year-on-year increase and a net profit of CNY 114.0 billion. Barclays maintained an overweight rating with a price target of USD 180.00.

9. Unitedhealth Group Incorporated (NYSE: UNH)
Unitedhealth Group Incorporated plunged by -7.31%, with the trading volume of 9.10B. UnitedHealth Group is offering voluntary buyout plans to certain employees in its benefits operations. Additionally, the U.S. Department of Justice is reportedly investigating UnitedHealth's Medicare billing practices, but the company denies the claims as misinformation.

10. Alphabet (Nasdaq: GOOGL)
Alphabet dipped mildly by -2.65%, with the trading volume of 6.35B. The European Union may accuse Google of violating the Digital Markets Act. Google is developing a new gesture-based trigger for Android screen savers. Google ends production of the Chromecast with Google TV series, concluding a five-year run.