Tech Titans Tumble: Nvidia Leads High-Volume Losses Amid Market Shifts

1. Nvidia (Nasdaq: NVDA)
Nvidia dropped solidly by -3.09%, with the trading volume of 33.22B. NVIDIA's RTX 5070 graphics card performance was unveiled on Geekbench, showing approximately 20% lower scores than the 5070 Ti. Additionally, Wedbush Securities remains positive about NVIDIA, expecting significant Q4 performance exceeding expectations.

2. Tesla (Nasdaq: TSLA)
Tesla dipped mildly by -2.15%, with the trading volume of 25.06B. Tesla plans to release a software update in China featuring Full Self-Driving capabilities, aiming to offer enhanced driving assistance similar to its US market offerings.

3. Palantir Technologies (NYSE: PLTR)
Palantir Technologies plunged by -10.53%, with the trading volume of 16.86B. Palantir is facing scrutiny over its high valuation amid market doubts, exacerbated by potential revenue challenges following reports of a planned 8% reduction in U.S. military spending over five years, putting a major revenue source at risk.

4. Apple (Nasdaq: AAPL)
Apple gained mildly by 0.63%, with the trading volume of 12.64B. Apple announced its largest-ever investment plan, committing to spend over $500 billion in the U.S. within the next four years, creating 20,000 jobs. Additionally, Apple's A-series chips will be produced at TSMC's Arizona facility.

5. Microsoft (Nasdaq: MSFT)
Microsoft dipped mildly by -1.03%, with the trading volume of 10.52B. Microsoft plans to invest $80 billion in AI but will adjust infrastructure spending, as it cancels several data center leases in the US, raising concerns about AI computing demand. Microsoft Rewards points are set to devalue, requiring more points for the same item.

6. Meta Platforms (Nasdaq: META)
Meta Platforms dipped mildly by -2.26%, with the trading volume of 10.48B. Meta announces a $50 million creator fund and launches the Meta Horizon Worlds desktop editor early access version to support content creators on the Horizon platform, offering a range from lightweight multiplayer games to AAA titles.

7. Alibaba Group Holding Limited (NYSE: BABA)
Alibaba Group Holding Limited plunged by -10.25%, with the trading volume of 9.61B. Alibaba is heavily investing, allocating over 380 billion yuan for cloud and AI infrastructure development in the next three years, and has launched its first AliExpress cross-border e-commerce industrial park in central China, located in Wuhan.

8. Amazon (Nasdaq: AMZN)
Amazon.Com dipped mildly by -1.79%, with the trading volume of 9.03B. Amazon plans to commercialize its low Earth orbit satellite project by 2026, contracting multiple rocket companies to launch 3,236 satellites. Additionally, third-party seller sales now account for 62% of Amazon's revenue growth.

9. Broadcom (Nasdaq: AVGO)
Broadcom dropped solidly by -4.91%, with the trading volume of 6.96B. Broadcom experienced significant trading activity with a volume of $6.907 billion. In market movements, large tech stocks mostly declined, and Broadcom saw a notable decrease of nearly 5%.

10. Alphabet (Nasdaq: GOOGL)
Alphabet dipped mildly by -0.23%, with the trading volume of 5.36B. Google signed a multi-billion dollar cloud agreement with Salesforce to compete against Microsoft, with Salesforce committing at least $2.5 billion over seven years for Google's cloud services. Google also announced a Gmail security upgrade, shifting from SMS to QR code authentication.