Volume Stonkers | Coinbase dropped 16.70%, Reddit plans IPO amid strong market interest

Generated by AI AgentStock Spotlight
Friday, Aug 1, 2025 5:30 pm ET2min read
Aime RobotAime Summary

- Major tech stocks fell, with Coinbase (-16.7%) and Meta (-3.03%) leading declines amid regulatory scrutiny and growth slowdowns.

- NVIDIA and Tesla announced AI chip showcases and Texas factory expansions to boost production and market competitiveness.

- Amazon's cloud growth slowdown and Microsoft's cybersecurity partnership highlight shifting priorities in tech innovation and compliance.

- Reddit's 17.32% surge and IPO plans contrast with Coinbase's regulatory challenges, signaling diverging market sentiments toward tech and crypto sectors.

NVIDIA fell 2.33%, with a trading volume of $35.343 billion. recently announced it will showcase its latest AI chip at the upcoming technology conference, a product highly anticipated by the industry.

Tesla dropped 1.83%, with a trading volume of $26.839 billion. recently disclosed plans for a significant expansion of its new factory in Texas to boost electric vehicle production capacity.

Amazon declined 8.27%, with a trading volume of $26.318 billion. released its latest quarterly report, indicating a slowdown in growth for its cloud computing division, drawing market attention.

Apple fell 2.50%, with a trading volume of $19.876 billion. announced it will hold a product launch event next month, expected to introduce new Mac computers.

Microsoft dropped 1.76%, with a trading volume of $15.214 billion. is collaborating with the U.S. government to develop new cybersecurity solutions aimed at enhancing national cybersecurity.

Meta decreased 3.03%, with a trading volume of $14.284 billion. plans to release an updated version of its virtual reality social platform in the future to enhance user experience.

SMCI fell 2.64%, with a trading volume of $12.800 billion. SMCI disclosed technical details of its next-generation processors, expected to improve its market competitiveness.

Coinbase Global dropped 16.70%, with a trading volume of $10.029 billion. Coinbase is under investigation by regulatory authorities concerning compliance issues with its trading platform.

UnitedHealth fell 4.76%, with a trading volume of $9.558 billion. released its latest financial report, showing a slowdown in growth for its business.

Palantir declined 2.58%, with a trading volume of $9.281 billion. signed a big data analytics service contract with a European government, further expanding its international market presence.

Microstrategy fell 8.77%, with a trading volume of $8.158 billion. continues to increase its holdings of Bitcoin assets despite significant market volatility.

Robinhood Markets dropped 3.06%, with a trading volume of $7.602 billion. Robinhood announced plans to enhance cryptocurrency trading features to attract more young investors.

Figma rose 5.42%, with a trading volume of $6.853 billion. launched a new subscription plan for corporate users to meet growing business demands.

Google A fell 1.44%, with a trading volume of $6.571 billion. Google is developing a new search engine feature expected to improve user search experience.

Broadcom dropped 1.72%, with a trading volume of $6.164 billion. has reached a collaboration agreement with a major tech company to provide advanced chip solutions.

Reddit rose 17.32%, with a trading volume of $5.155 billion. plans to conduct an IPO, and the market shows strong interest in its future growth prospects.

Netflix fell 0.07%, with a trading volume of $4.394 billion. announced plans to produce an original series based on a popular online game, expanding its content portfolio.

Google C dropped 1.51%, with a trading volume of $4.025 billion. Google continues to increase investments in artificial intelligence to maintain its lead in the field.

Eli Lilly rose 3.06%, with a trading volume of $3.692 billion. announced that its new diabetes medication has received FDA approval, with promising market prospects.

JPMorgan Chase fell 2.43%, with a trading volume of $3.467 billion. plans to expand its investment banking business in Asia to capture a larger market share.

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