Nvidia Leads with Massive Volume Surge Amid AI and Crypto Speculation

1. Nvidia (Nasdaq: NVDA)
Nvidia gained solidly by 3.10%, with the trading volume of 23.84B. NVIDIA CEO Jensen Huang highlights the significant loss of missing the Chinese AI market. Rumors suggest the Trump administration might ease AI chip export restrictions, prompting discussions on U.S. chip policy towards China. NVIDIA hints at potential involvement in Bitcoin, merging technology with cryptocurrency.

2. Tesla (Nasdaq: TSLA)
Tesla gained mildly by 0.32%, with the trading volume of 19.75B. Tesla's xAI is using Tesla Megapack batteries to power the Colossus supercomputer in Memphis, showcasing inter-company synergy. Separately, Tesla's application for "Robotaxi" trademark was rejected by the US Patent Office for being too generic.

3. Alphabet (Nasdaq: GOOGL)
Alphabet plunged by -7.26%, with the trading volume of 19.47B. Apple Inc. plans to integrate AI search in Safari, raising competitive pressure for Google Inc., which is restructuring its global commerce division with about 200 layoffs.

4. Apple (Nasdaq: AAPL)
Apple dipped mildly by -1.14%, with the trading volume of 13.45B. Apple plans to integrate AI search functionality into Safari, potentially ending its long-standing partnership with Google and challenging Google's dominance in search. Additionally, Apple is appealing a court decision requiring more competition in its App Store.

5. Alphabet (Nasdaq: GOOG)
Alphabet plunged by -7.51%, with the trading volume of 12.15B. Apple plans to incorporate an AI search engine in Safari, challenging Google and highlighting potential risks similar to Yahoo's past errors. Google is also laying off approximately 200 employees from its global business unit to optimize its structure.

6. Palantir Technologies (NYSE: PLTR)
Palantir Technologies gained mildly by 1.49%, with the trading volume of 10.50B. Palantir Technologies reports stronger-than-expected Q1 results with $8.84 billion in revenue and $2.18 billion net profit. The company, led by Alex Karp, earns bullish views from analysts despite valuation concerns, and partners with xAI and TWG to enhance AI in financial services.

7. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 0.01%, with the trading volume of 10.25B. Microsoft's Windows 11 will integrate Microsoft Store into its search function for direct app downloads. The company also won a patent for foldable device hinges. Additionally, Microsoft launched new Surface devices and secured a legal victory for its $69 billion Activision Blizzard acquisition.

8. Advanced Micro Devices (Nasdaq: AMD)
Advanced Micro Devices gained mildly by 1.76%, with the trading volume of 8.62B. AMD posted a record quarterly revenue of $7.4 billion with a gross margin of 50%. It reported an operating income of $806 million and net income of $709 million. The data center division achieved $3.7 billion, and AMD completed the acquisition of ZT Systems.

9. Amazon (Nasdaq: AMZN)
Amazon.Com gained mildly by 2.00%, with the trading volume of 8.30B. Amazon has launched Vulcan, a new warehouse robot equipped with AI and tactile capabilities to manage up to 75% of inventory tasks, aiming to improve logistics efficiency and enhance collaboration with warehouse workers.

10. Meta Platforms (Nasdaq: META)
Meta Platforms gained mildly by 1.62%, with the trading volume of 7.83B. Meta won a lawsuit against NSO Group, obtaining $168 million in damages. Meta is transitioning from a social platform giant to an AI commercialization engine, showcased at the LlamaCon developer conference. Executives have been selling shares, with recent insider trades disclosed on May 7 and May 6, 2025.