Tesla Leads in Trading Volume with Dramatic 4.72% Rally Amidst Global Competition

1. Tesla (Nasdaq: TSLA)
Tesla gained solidly by 4.72%, with the trading volume of 39.62B. Tesla faces challenges with Cybertruck production and competition; it is under pressure from rising multi-brand competition globally. Tesla is also making headlines with potential lower-cost Model Q. A US pension fund has halted Tesla stock purchases, citing financial performance concerns linked to Elon Musk.

2. Nvidia (Nasdaq: NVDA)
Nvidia dipped mildly by -0.61%, with the trading volume of 15.52B. NVIDIA plans to launch a downgraded version of its H20 AI chip for the Chinese market in compliance with U.S. export regulations. They've also open-sourced several AI models, including Open Code Reasoning models, with Alibaba Qwen as the base.

3. Palantir Technologies (NYSE: PLTR)
Palantir Technologies dipped mildly by -1.55%, with the trading volume of 9.47B. Palantir is warned by Citi for high valuation amid operational challenges. Wedbush highlights its role in AI transforming cloud services alongside tech giants. Palantir enters the top 10 US tech companies by market capitalization after surpassing Salesforce.

4. Apple (Nasdaq: AAPL)
Apple gained mildly by 0.53%, with the trading volume of 7.25B. Apple plans to overturn the "iOS third-party payment" ruling and will launch two iPhone releases yearly starting 2026. They are developing chips for new products like smart glasses, Mac, and AI servers.

5. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated gained mildly by 0.40%, with the trading volume of 7.15B. Microstrategy disclosed insider transactions with board member Patten Jarrod M buying 3200 shares on May 8, 2025, and 3300 shares on May 5, 2025.

6. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 0.13%, with the trading volume of 6.72B. Microsoft responds humorously to Windows 12 rumors, while integrating Copilot into its store to enhance app information access. Wedbush sees AI reshaping cloud services, with Microsoft seizing early opportunities. Reports of significant layoffs in Shanghai with compensation packages N+8. Microsoft bans DeepSeek for data security.

7. Meta Platforms (Nasdaq: META)
Meta Platforms dipped mildly by -0.92%, with the trading volume of 6.22B. Meta AI launched LlamaFirewall for AI safety, introduced an AI app for personalized services and monetization, and appointed Rob Fergus at META's FAIR lab. They're also exploring stablecoin payments with crypto firms. Instagram CEO discussed competition with TikTok.

8. Amazon (Nasdaq: AMZN)
Amazon.Com gained mildly by 0.51%, with the trading volume of 5.72B. Meta and Alphabet reported better-than-expected revenue and profit for the first quarter despite economic pressures. Amazon launched a quantum chip and a pet prescription drug service. Microsoft, Amazon, Google, and Palantir are leveraging AI to reshape the cloud computing industry.

9. Alphabet (Nasdaq: GOOGL)
Alphabet dipped mildly by -0.99%, with the trading volume of 4.97B. Google settled for nearly $1.4 billion with Texas over data privacy issues, reached a $50 million settlement on racial bias claims, signed a 1.8 gigawatt nuclear energy development deal, and faced lawsuits from Mexico and Italy's Moltiply Group over renaming and antitrust allegations.

10. The Trade Desk (Nasdaq: TTD)
The Trade Desk surged by 18.60%, with the trading volume of 3.54B. Meta, Alphabet, and The Trade Desk reported strong Q1 results despite economic challenges. Meta and Alphabet exceeded revenue and profit expectations, while The Trade Desk's net profit grew 60.07% and its Q1 revenue reached $616 million.