Palantir Surges Amid High Volume While Nvidia Eyes Big Stock Sell-Off!

Generated by AI AgentAinvest Market Brief
Saturday, May 31, 2025 12:23 am ET2min read
1. Nvidia (Nasdaq: NVDA)
Nvidia dipped mildly by -2.92%, with the trading volume of 45.07B. sees increasing demand for AI chips fueling strong performance, while senior executives plan major stock sell-off, potentially exceeding $10 billion. Additionally, NVIDIA partners with Dell and the U.S. Department of Energy to develop next-gen supercomputers.

2. Tesla (Nasdaq: TSLA)
Tesla dropped solidly by -3.34%, with the trading volume of 43.51B. Tesla's latest model prototype has emerged at a California factory, potentially indicating an affordable vehicle. Additionally, President Trump mandated all automakers, including Tesla, to produce complete vehicles and components in the U.S. Elon Musk's tenure as a government efficiency head concluded.

3. Palantir Technologies (NYSE: PLTR)
Palantir Technologies surged by 7.73%, with the trading volume of 23.81B. Palantir Technologies has been chosen by the Trump administration to support an inter-departmental data-sharing initiative, building necessary technical infrastructure for an executive order.

4. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 0.37%, with the trading volume of 15.98B. Microsoft announces its Russian subsidiary is filing for bankruptcy amid geopolitical tensions, following previous plans to reduce operations in Russia.

5. Apple (Nasdaq: AAPL)
Apple gained mildly by 0.45%, with the trading volume of 14.16B. Apple is set to host its developer conference, potentially revising naming strategies. Apple and Duke University are collaborating on interleaved reasoning, improving AI efficiency. The iPhone 16 Pro series is enhancing its competitiveness in the high-end market after price reductions.

6. Amazon (Nasdaq: AMZN)
Amazon.Com dipped mildly by -0.34%, with the trading volume of 10.56B. Amazon accelerates AWS data center expansion, partners with NVIDIA for AI chips, surpasses $1 billion annual sales in cloud AI. New York Times signs Amazon for AI licensing, allowing content use. Amazon hires Xbox co-founder to lead new team for innovative consumer products development.

7. Meta Platforms (Nasdaq: META)
Meta Platforms gained mildly by 0.38%, with the trading volume of 10.46B. Meta Platforms is collaborating with Anduril Industries to develop AI-driven military products, including a VR/AR capable helmet for the US military.

8. Alphabet (Nasdaq: GOOGL)
Alphabet dipped mildly by -0.07%, with the trading volume of 8.99B. Google faces scrutiny over major mapping error causing traffic chaos in Germany during a busy holiday period. Additionally, Google's AI Overview tool failed to correctly recognize the current year but has since been fixed. Meanwhile, Google continues supporting South Korean startups with substantial investments.

9. Broadcom (Nasdaq: AVGO)
Broadcom gained mildly by 0.04%, with the trading volume of 6.52B. Mizuho raised Broadcom Inc.'s price target from $250 to $300 while maintaining an "outperform" rating.

10. Alphabet (Nasdaq: GOOG)
Alphabet dipped mildly by -0.06%, with the trading volume of 6.23B. Google Maps caused traffic chaos in Germany due to a navigation error. Google continues to support South Korean startups with a reported investment of 177.2 billion won since 2019. Google is reportedly further integrating AI by redesigning its app store.

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