Tesla Leads the Pack in High Volume Trading Amid Tech Turbulence
Friday, May 9, 2025 6:31 pm ET
2min read 1. Tesla (Nasdaq: TSLA)
Tesla gained solidly by 4.72%, with the trading volume of 39.43B. tesla cuts Cybertruck production and cancels extended battery pack sales. A US pension fund has suspended new Tesla investments citing risks associated with Elon Musk and lagging financial performance. Tesla's Shanghai plant rapidly scaled up Model Y production in six weeks, setting a company record.
2. Nvidia (Nasdaq: NVDA)
Nvidia dipped mildly by -0.61%, with the trading volume of 15.41B. NVIDIA plans to release a downgraded version of its H20 AI chip in China, designed to comply with US export regulations, while launching open-source AI models like Open Code Reasoning. NVIDIA emphasizes the strategic importance of the Chinese market.
3. Palantir Technologies (NYSE: PLTR)
Palantir Technologies dipped mildly by -1.55%, with the trading volume of 9.44B. Palantir is among the top-ranked companies in AI-driven cloud services, with an analyst warning of overvaluation risks due to high operational dependencies.
4. Apple (Nasdaq: AAPL)
Apple gained mildly by 0.53%, with the trading volume of 7.23B. Apple plans to launch iPhones twice a year starting in 2026, with a major product line expansion influenced by competition in China. It is also developing chips for smart glasses, new Macs, AI servers, and will release smart glasses by 2026.
5. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated gained mildly by 0.40%, with the trading volume of 7.12B. Microstrategy disclosed three insider transactions on May 7, 2025, including Director Patten Jarrod M buying 3,300 shares on May 5.
6. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 0.13%, with the trading volume of 6.40B. Microsoft is reshaping the cloud computing industry with AI-driven services, according to Wedbush analysts. Microsoft reportedly laid off many employees in Shanghai, offering compensation of N+8. Microsoft has banned the use of DeepSeek app due to data security concerns.
7. Meta Platforms (Nasdaq: META)
Meta Platforms dipped mildly by -0.92%, with the trading volume of 6.18B. Meta Platforms announced LlamaFirewall, enhancing AI security. It introduced a standalone AI app offering personalized services and is discussing stablecoin integration with cryptocurrency firms. Additionally, Robert Fergus was appointed to lead AI research. Instagram's CEO discussed competition with TikTok in an antitrust case.
8. Amazon (Nasdaq: AMZN)
Amazon.Com gained mildly by 0.51%, with the trading volume of 5.69B. Amazon launched the Leopard quantum chip, entering the quantum computing field. Amazon also introduced an online pet prescription medications service in collaboration with Vetsource. Additionally, Apple and Amazon are seeking $223,000 in claims against a law firm for lawsuit delays.
9. Alphabet (Nasdaq: GOOGL)
Alphabet dipped mildly by -0.99%, with the trading volume of 4.95B. Google reached a $50 million racial bias lawsuit settlement with Black employees, faces a lawsuit in Mexico over Gulf of Mexico renaming, and deals with a $33.4 billion lawsuit from Italy's Moltiply Group for alleged market dominance abuse.
10. The Trade Desk (Nasdaq: TTD)
The Trade Desk surged by 18.60%, with the trading volume of 3.54B. The Trade Desk's Q1 financial results show a 60.07% increase in net profit year-on-year, with revenue reaching $616 million and net profit at $50.68 million. They emphasize CTV in digital strategy, aiding Chinese brands' global growth.
Tesla gained solidly by 4.72%, with the trading volume of 39.43B. tesla cuts Cybertruck production and cancels extended battery pack sales. A US pension fund has suspended new Tesla investments citing risks associated with Elon Musk and lagging financial performance. Tesla's Shanghai plant rapidly scaled up Model Y production in six weeks, setting a company record.
2. Nvidia (Nasdaq: NVDA)
Nvidia dipped mildly by -0.61%, with the trading volume of 15.41B. NVIDIA plans to release a downgraded version of its H20 AI chip in China, designed to comply with US export regulations, while launching open-source AI models like Open Code Reasoning. NVIDIA emphasizes the strategic importance of the Chinese market.
3. Palantir Technologies (NYSE: PLTR)
Palantir Technologies dipped mildly by -1.55%, with the trading volume of 9.44B. Palantir is among the top-ranked companies in AI-driven cloud services, with an analyst warning of overvaluation risks due to high operational dependencies.
4. Apple (Nasdaq: AAPL)
Apple gained mildly by 0.53%, with the trading volume of 7.23B. Apple plans to launch iPhones twice a year starting in 2026, with a major product line expansion influenced by competition in China. It is also developing chips for smart glasses, new Macs, AI servers, and will release smart glasses by 2026.
5. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated gained mildly by 0.40%, with the trading volume of 7.12B. Microstrategy disclosed three insider transactions on May 7, 2025, including Director Patten Jarrod M buying 3,300 shares on May 5.
6. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 0.13%, with the trading volume of 6.40B. Microsoft is reshaping the cloud computing industry with AI-driven services, according to Wedbush analysts. Microsoft reportedly laid off many employees in Shanghai, offering compensation of N+8. Microsoft has banned the use of DeepSeek app due to data security concerns.
7. Meta Platforms (Nasdaq: META)
Meta Platforms dipped mildly by -0.92%, with the trading volume of 6.18B. Meta Platforms announced LlamaFirewall, enhancing AI security. It introduced a standalone AI app offering personalized services and is discussing stablecoin integration with cryptocurrency firms. Additionally, Robert Fergus was appointed to lead AI research. Instagram's CEO discussed competition with TikTok in an antitrust case.
8. Amazon (Nasdaq: AMZN)
Amazon.Com gained mildly by 0.51%, with the trading volume of 5.69B. Amazon launched the Leopard quantum chip, entering the quantum computing field. Amazon also introduced an online pet prescription medications service in collaboration with Vetsource. Additionally, Apple and Amazon are seeking $223,000 in claims against a law firm for lawsuit delays.
9. Alphabet (Nasdaq: GOOGL)
Alphabet dipped mildly by -0.99%, with the trading volume of 4.95B. Google reached a $50 million racial bias lawsuit settlement with Black employees, faces a lawsuit in Mexico over Gulf of Mexico renaming, and deals with a $33.4 billion lawsuit from Italy's Moltiply Group for alleged market dominance abuse.
10. The Trade Desk (Nasdaq: TTD)
The Trade Desk surged by 18.60%, with the trading volume of 3.54B. The Trade Desk's Q1 financial results show a 60.07% increase in net profit year-on-year, with revenue reaching $616 million and net profit at $50.68 million. They emphasize CTV in digital strategy, aiding Chinese brands' global growth.
Ask Aime: What's up with Tesla's Cybertruck cuts and why are investors wary?
