Top 20 in US stock trading volume: Tesla Halts Sales of Two US-Imported Models in China Due to Tariffs
Magical Investor
April 11, 2025
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On Friday, Nvidia, which ranked first in trading volume on the US stock market, closed 3.94% higher, with a trading volume of $34.195 billion. The stock has risen 17.6% cumulatively this week. Citigroup lowered its target price for Nvidia from $163 to $150 on Friday.
According to reports, US President Trump will temporarily lift the ban on Nvidia's export of the artificial intelligence processor H20 chips to China.
Tesla, ranking second, closed 0.04% lower, with a trading volume of $31.637 billion. After China increased tariffs on the US, Tesla has stopped supplying two models imported from the US in the Chinese market-the Model X and Model S.
Tesla's Chinese official website shows that there is currently no "order" option for new cars of the Model X and Model S. Only a "Learn More" button is displayed on the corresponding model pages, while there are no abnormalities for the Model 3 and Model Y produced by the Chinese factory.
According to another report, Tesla CEO Elon Musk posted on Friday that the team at the Texas Gigafactory has produced the 400,000th Tesla vehicle.
Apple, ranking third, closed 4.06% higher, with a trading volume of $17.04 billion. After months of a sales ban period, Apple's iPhone 16 series was officially launched in the Indonesian market on the 11th. There are also reports that Apple plans to release its delayed Apple Intelligence Siri feature in the autumn.
Amazon, ranking fifth, closed 2.01% higher, with a trading volume of $9.209 billion. Amazon CEO Andy Jassy devoted a large part of his annual letter to shareholders to promoting the company's AI business, encouraging enterprises to invest heavily in AI in order to obtain substantial financial returns in the future. He also pointed out that the unit cost of using AI will significantly decrease in the future.
Andy Jassy also warned that the high tariffs imposed by the US on China may lead to third-party sellers "completely" passing on the costs to US consumers. He said that he has initially observed some buyers hoarding goods.
Strategy, ranking eighth, closed 10.15% higher, with a trading volume of $6.214 billion. Cryptocurrency-related stocks generally rose on Friday. In terms of news, the price of Bitcoin once exceeded $83,000 per coin during the day.
AMD, ranking tenth, closed 5.30% higher, with a trading volume of $5.355 billion. AMD recently officially launched the entire Ryzen 8000HX series of products in a low-key manner.
In terms of the number of models, the Ryzen 7000HX series originally had 7 models, but the Ryzen 8000HX series has been streamlined to 4 models, and the highly anticipated X3D model did not appear.
Industry insiders pointed out that this series of products continues to use the Zen 4 CPU architecture and the RDNA 3 GPU architecture, with a thermal design power consumption maintained at 55-75W. Essentially, it is like a rebranded version of the Ryzen 7000 series.
JPMorgan Chase, ranking twelfth, closed 4% higher, with a trading volume of $4.702 billion. JPMorgan Chase released its first-quarter financial report. During the period, the managed revenue reached $46 billion, better than the market expectation of $44.39 billion, an increase of 8% year-on-year.
Among them, the net interest income was $23.4 billion, a slight increase of 1% year-on-year, while the non-interest income increased significantly by 17% to $22.6 billion.
During the period, the net profit was $14.6 billion, exceeding analysts' expectations of $13.6 billion, an increase of 9% year-on-year; earnings per share reached $5.07, an increase of 14% year-on-year.
Among them, the stock trading revenue increased sharply by 48%, reaching a record high; investment banking business fees increased by 12% year-on-year; asset management business had a net inflow of $90 billion; credit card revenue increased by 12%.
Alibaba, ranking thirteenth, closed 3.41% higher, with a trading volume of $4.142 billion. The stock has fallen 7.56% cumulatively this week.
Texas Instruments, ranking eighteenth, closed 5.75% lower, with a trading volume of $3.029 billion. The brokerage firm TD Cowen lowered the target price of Texas Instruments from $200 to $160.