Staggering Volumes: Nvidia and Tesla Lead with Big Market Moves Amidst Tech Giant Shifts

1. Nvidia (Nasdaq: NVDA)
Nvidia dropped solidly by -3.32%, with the trading volume of 42.33B. NVIDIA CEO Jensen Huang expressed potential to introduce Blackwell chips in China, anticipating a $50 billion market opportunity and ongoing discussions with the US government for market access. Additionally, NVIDIA announced DLSS 4 technology support for several new games.

2. Tesla (Nasdaq: TSLA)
Tesla dropped solidly by -3.50%, with the trading volume of 27.32B. Tesla launched FSD driving assistance in Australia, applied to overturn a $243M crash verdict, and experienced a 40% sales drop in the EU for July, marking the seventh consecutive monthly decline. Tesla's AI6 chip samples to be produced in Samsung's South Korea facility.

3. Alibaba Group Holding Limited (NYSE: BABA)
Alibaba Group Holding Limited surged by 12.90%, with the trading volume of 10.94B. China International Capital Corporation confirmed Shu Guang Wang as the new President, finalizing the position vacant for over a year. Wang, who has been with CICC for 27 years, was also nominated as an executive director candidate.

4. Microsoft (Nasdaq: MSFT)
Microsoft dipped mildly by -0.58%, with the trading volume of 10.63B. Microsoft announced it will end support for Windows domain controller registry keys to fully address a critical Kerberos vulnerability. Additionally, Microsoft released Windows 11 updates featuring Copilot+ upgrades, system problem fixes, and first-party AI models.

5. Apple (Nasdaq: AAPL)
Apple dipped mildly by -0.18%, with the trading volume of 9.16B. On August 28, 2025, Apple Board member Levinson Arthur sold 90,000 shares. On August 29, Apple's official flagship store was inaugurated in Douyin Mall, expanding its retail presence in China's top e-commerce platforms.

6. Alphabet (Nasdaq: GOOGL)
Alphabet gained mildly by 0.60%, with the trading volume of 8.44B. Alphabet's Google is expected to face a modest EU antitrust fine related to its ad tech business. Additionally, Google has partnered with Intel to invest $863 million in Commonwealth Fusion Systems, and Google's YouTube has reached an agreement with Fox, securing user access to its channels.

7. Palantir Technologies (NYSE: PLTR)
Palantir Technologies dipped mildly by -0.89%, with the trading volume of 7.27B. Palantir had a trading volume of $7.082 billion on August 29, 2025, ranking seventh in the US stock market.

8. Meta Platforms (Nasdaq: META)
Meta Platforms dipped mildly by -1.65%, with the trading volume of 6.70B. Meta unveiled the new "Immersive Home" interface for its Quest headsets. CEO Mark Zuckerberg announced a partnership with Reliance Industries to offer open-source AI models to Indian enterprises. Meta will also provide AI-driven NPC tools for metaverse developers.

9. Broadcom (Nasdaq: AVGO)
Broadcom dropped solidly by -3.65%, with the trading volume of 6.42B. UBS maintains a "buy" rating on Broadcom and raises the target price to $345, citing optimism about Broadcom's AI business momentum. Broadcom will release its latest quarterly report on September 4, with expected revenue growth of 2% year-over-year.

10. Marvell Technology (Nasdaq: MRVL)
Marvell Technology plunged by -18.60%, with the trading volume of 6.19B. Marvell Technology's Q2 revenue grew 58% year-over-year to $20.1 billion, meeting expectations, but its Q3 guidance disappointed, raising concerns about AI growth prospects. The company's recent reports led to a decline in investor confidence, prompting several institutions to lower target prices.