Top 20 US Stocks by Trading Volume: Tesla Rises 5.3%, Musk Reportedly to End White House Stint
Magical Investor
April 3, 2025
GoGPT Summarizes Articles
On Wednesday, Tesla, the stock with the highest trading volume on the US stock market, closed 5.33% higher, with a trading volume of $56.388 billion. On Wednesday, there were media reports that Tesla CEO Elon Musk's tenure as a senior advisor to Trump might soon come to an end. According to an anonymous source within the Trump administration, the president recently told his inner circle that the Tesla CEO would return to his company in the coming weeks.Although White House Press Secretary Karoline Leavitt dismissed the above-mentioned report as "garbage", Tesla's stock price still rose.
For a long time, investors have expressed doubts and concerns about Musk's "neglect of his main business", being enthusiastic about politics and neglecting the management of Tesla's automotive business. Some shareholders have criticized the electric vehicle manufacturer for lacking a clear strategy in dealing with consumers' strong opposition to its CEO and solving the problem of product line aging.
The second-highest-volume stock, Nvidia, closed 0.25% higher, with a trading volume of $23.026 billion. It is reported that Google is in in-depth negotiations to rent Nvidia's artificial intelligence servers from CoreWeave.
The third-highest-volume stock, Amazon, closed 2% higher, with a trading volume of $10.102 billion. Amazon announced on Wednesday that it will send 27 Kuiper satellites to low-Earth orbit.
The fourth-highest-volume stock, Palantir, closed 3.27% higher, with a trading volume of $8.084 billion. Recently, a research institution has warned that Palantir is overvalued and investors should be prepared for a 40% drop in the stock price.
The fifth-highest-volume stock, Meta Platforms, closed 0.35% lower, with a trading volume of $7.519 billion. Joelle Pineau, a key figure in Meta Platforms' artificial intelligence research and the head of the Fundamental AI Research (FAIR) team, will officially leave the company in May 2025, ending her eight-year career at the company.
The professor of computer science at the University of Montreal joined Meta in 2017 and led the development of a series of breakthrough technologies, including the Llama large-language model. A Meta spokesperson said that the company has launched the selection process for a successor and emphasized that "the open-research concept of FAIR will not change".
The sixth-highest-volume stock, Apple, closed 0.31% higher, with a trading volume of $7.49 billion. The US Patent Office has recently granted Apple a patent for a full-glass device enclosure, covering the design of Apple Watch, Mac, and dual-display iPhone. The patent document shows that the future iPhone may adopt a six-sided transparent glass body, and the front, back, and sides can all be used as display screens.
The eighth-highest-volume stock, Strategy, closed 2.13% higher, with a trading volume of $4.87 billion. On Wednesday, US stock Bitcoin-related stocks generally rose after Bitcoin rose above $86,000 again.
The ninth-highest-volume stock, Google Class A shares, closed 0.02% lower, with a trading volume of $3.835 billion.
The twelfth-highest-volume stock, CoreWeave, closed 16.72% higher, with a trading volume of $2.985 billion. The company officially listed on the Nasdaq last Friday and became the largest venture-capital-backed technology IPO in the United States since 2021. The company's main business is to rent Nvidia GPU computing power resources to other technology companies, and Microsoft is its largest customer.
There was news on Wednesday that Google is in in-depth negotiations to rent Nvidia artificial intelligence servers from CoreWeave.
The fifteenth-highest-volume stock, Eli Lilly, closed 1.61% higher, with a trading volume of $2.171 billion. Recently, Eli Lilly announced the positive results of Lepodisiran in the phase-2 clinical study. It is said to be a drug that can completely eliminate lipoprotein. Lipoprotein is mainly synthesized in the liver, and its main physiological function is to prevent the dissolution of blood clots in blood vessels. Pathologically, it can promote the formation of atherosclerosis.
#$Tesla Inc. Common Stock(TSLA)#$Nvidia Corp(NVDA)#$Amazon.Com Inc(AMZN)#$Palantir Technologies Inc. Class A Common Stock(PLTR)#$Apple Inc.(AAPL)#$CoreWeave Inc. Class A Common Stock(CRWV)#$Eli Lilly & Co.(LLY)#$Applovin Corporation Class A Common Stock(APP)