Market Movers: Tesla Leads High Volume Stocks Amid Industry Shifts!

1. Tesla (Nasdaq: TSLA)
Tesla dipped mildly by -2.42%, with the trading volume of 26.41B. Tesla reports over 95% local sourcing, refunds early bookings in India, discloses insider trading, launches Model Y upgrade, and prepares Model Q release while experiencing a sales drop in Europe.

2. Palantir Technologies (NYSE: PLTR)
Palantir Technologies dipped mildly by -0.41%, with the trading volume of 16.59B. Palantir Technologies Inc. reported a 105.26% increase in Q1 net profit, reaching $2.18 billion, with revenue rising 39% to $8.84 billion, surpassing market expectations. The company raised its 2025 revenue outlook due to strong AI demand.

3. Nvidia (Nasdaq: NVDA)
Nvidia dipped mildly by -0.59%, with the trading volume of 15.15B. NVIDIA is rapidly developing a new AI chip to comply with U.S. export regulations after its H20 chip was banned by the U.S. government for the Chinese market, aiming to maintain its market share in China.

4. Apple (Nasdaq: AAPL)
Apple dropped solidly by -3.15%, with the trading volume of 13.78B. Apple plans to implement partial AI functions in China via iOS 18.6 with support from Alibaba and Baidu, including compliance audits by Alibaba and core model functions by Baidu's Wenxin Yiyan. Additionally, Apple seeks to overturn a court ruling on App Store payment rule changes.

5. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 0.20%, with the trading volume of 8.79B. Microsoft warns of Kubernetes default configuration security risks, acknowledges and fixes Windows 10 Start Menu issue, plans to enhance Outlook switching on Win11, and expresses commitment to EU regulations. Additionally, new Outlook folder management and Windows 11 preview updates are announced.

6. Berkshire Hathaway (NYSE: BRK.B)
Berkshire Hathaway dropped solidly by -5.12%, with the trading volume of 8.39B. Berkshire Hathaway's Q1 revenue was $83.29 billion, with net profit decreasing by 63.59% to $4.672 billion. Chairman Warren Buffett announced plans to retire by year-end, recommending Greg Abel as CEO successor, expressing concerns over trade policies.

7. Meta Platforms (Nasdaq: META)
Meta Platforms gained mildly by 0.38%, with the trading volume of 8.31B. Meta ups capital expenditure guidance and sees increased AI growth potential, while Reality Labs experiences a revenue decline and expanded losses. Major banks increase Meta's target price amid AI advancements and efficient cost management.

8. Amazon (Nasdaq: AMZN)
Amazon.Com dipped mildly by -1.91%, with the trading volume of 6.58B. Microsoft, Amazon, Google, and Meta reported financial results exceeding expectations, with sustained high capital spending benefiting related industries, enhancing server, data center, and network investments. Amid trade tensions, U.S. cloud giants are adjusting strategies to address cost pressures.

9. Netflix (Nasdaq: NFLX)
Netflix dipped mildly by -1.94%, with the trading volume of 6.39B. Netflix disclosed insider transactions on May 5, 2025, including a purchase by Director Leslie J. Kilgore on May 2. Additionally, President Trump announced a 100% tariff on foreign-made films, causing Netflix shares to fall in pre-market trading.

10. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated dipped mildly by -1.99%, with the trading volume of 5.52B. Microstrategy's trading volume reached $5.518 billion on May 5, 2025.