Massive Market Shifts: Tesla and Nvidia Lead in Unexpected High Volume Turmoil

1. Tesla (Nasdaq: TSLA)
Tesla dropped solidly by -5.47%, with the trading volume of 36.29B. Tesla's sales in Germany and Norway dropped significantly in March, while Q1 deliveries fell 13% globally. Goldman Sachs cut Tesla's price target to $275. In Shenzhen, a legal case against Tesla was filed due to a vehicle fire incident.

2. Nvidia (Nasdaq: NVDA)
Nvidia plunged by -7.81%, with the trading volume of 34.63B. NVIDIA introduced updates to its app, enhancing DLSS functionality with new features for finer quality adjustment in games. HSBC downgraded NVIDIA's rating to hold. Major tech stocks including NVIDIA fell due to global market turbulence caused by tariff announcements.

3. Apple (Nasdaq: AAPL)
Apple plunged by -9.25%, with the trading volume of 21.00B. Apple's recent updates impact its outlook: Tim Cook reduced his shareholding, tariffs from Trump's policy could significantly affect Apple's profit margins, and the company faces a $50 billion lawsuit over alleged false advertising by Apple Books.

4. Meta Platforms (Nasdaq: META)
Meta Platforms plunged by -8.96%, with the trading volume of 18.39B. Meta Platforms and UFC expand their partnership to enhance fight viewing with AR/VR. Meta plans to launch AI glasses codenamed "Hypernova" by year-end, priced over $1000. CEO Mark Zuckerberg visited the White House, discussing antitrust scrutiny of Meta.

5. Amazon (Nasdaq: AMZN)
Amazon.Com plunged by -8.98%, with the trading volume of 17.17B. Amazon disclosed insider trading activity on April 3, 2025, with Douglas J Herrington selling 2,500 shares on April 1. Additionally, Amazon is leading a bid to acquire TikTok's U.S. operations amidst tariff impacts.

6. Microsoft (Nasdaq: MSFT)
Microsoft dipped mildly by -2.36%, with the trading volume of 11.27B. Microsoft is halting or delaying data center projects globally, including in Indonesia, the UK, Australia, Illinois, North Dakota, and Wisconsin, indicating a careful reevaluation of its AI and cloud computing server infrastructure plans. It also closed its IoT and AI lab in Shanghai.

7. Palantir Technologies (NYSE: PLTR)
Palantir Technologies dropped solidly by -4.40%, with the trading volume of 7.86B. Palantir Technologies disclosed six insider transactions on April 2, 2025, including executive Taylor Ryan D. selling 33,200 shares on March 31, 2025.

8. Alphabet (Nasdaq: GOOGL)
Alphabet dropped solidly by -4.03%, with the trading volume of 7.00B. Google's Pixel 10 series is reportedly incorporating a telephoto lens for the first time. Additionally, Google aims to collaborate closely with CoreWeave for Nvidia-powered data center servers. Google's wireless charging patent featuring integrated display coils has also been approved.

9. Broadcom (Nasdaq: AVGO)
Broadcom plunged by -10.51%, with the trading volume of 6.95B. Broadcom faces significant risk from new U.S. tariff policies, as highlighted by Citigroup analysts, amidst broad market declines impacting tech stocks like Amazon, Tesla, and Nvidia, with over a 4% drop.

10. Netflix (Nasdaq: NFLX)
Netflix dipped mildly by -1.97%, with the trading volume of 5.41B. Guggenheim reaffirmed Netflix's buy rating with a new target price of $1100. Netflix released its 2024 annual report with revenue of $39.01 billion and net profit of $8.712 billion. Netflix also disclosed 11 insider transactions on April 2.