Top 20 in US Stock Trading Volume: Tesla's stock price has risen for 6 consecutive trading days, with a cumulative increase of over 28%
On Tuesday, Tesla, the stock with the largest trading volume in the US stock market, closed 2.15% higher at $292.03, with a trading volume of $30.765 billion. So far, Tesla's stock price has risen for 6 consecutive trading days, with a cumulative increase of over 28%.
The manufacturers and developers of US energy storage projects said that the industry will invest $100 billion in this decade to establish a fully localized battery supply chain. The US Clean Energy Association said that this $100-billion investment will create 350,000 jobs, including $10-15 billion worth of ongoing projects. The projects include Tesla's battery factory in Sparks, Nevada.
According to media reports on Tuesday, Tesla is adding more than 1,000 workers for the production of its semi-trucks.
Nvidia, the stock with the second-largest trading volume, closed 0.27% higher, with a trading volume of $18.216 billion. After Alibaba's Tongyi Qianwen 3 was open-sourced, the upstream and downstream supply chains carried out adaptation and integration overnight.
Many leading chip manufacturers such as Nvidia, Qualcomm, MediaTek, and AMD have successfully adapted to Tongyi Qianwen 3, and the reasoning efficiency on different hardware platforms and software stacks has been significantly improved, which can meet the AI reasoning needs of mobile terminals and data centers.
Palantir, the stock with the third-largest trading volume, closed 1.25% higher, with a trading volume of $9.093 billion. As of the close of trading on Tuesday, the stock has risen for 6 consecutive trading days, with a cumulative increase of 27.8%.
Amazon, the stock with the fourth-largest trading volume, closed 0.17% lower, with a trading volume of $7.735 billion. Amazon was criticized by the White House for disclosing tariff costs.
Media reports on Tuesday said that Amazon said that in view of the adverse impact of the new US tariffs, its low-cost Haul division has considered listing the import costs of goods.
However, after the White House accused this practice of being "hostile and political", Amazon denied the plan to list the import costs on its main website.
White House Press Secretary Levitt said that Amazon's disclosure of tariff costs was a "hostile and political act". Amazon immediately denied the initial report.
Amazon's quick about-face was praised by Trump. Trump told reporters, "Jeff Bezos is a very nice person. He quickly solved the problem. He did the right thing."
Meta Platforms, the stock with the sixth-largest trading volume, closed 0.85% higher, with a trading volume of $6.441 billion. Meta Platforms announced on Tuesday that it will launch an independent AI application, Meta AI, officially competing directly with ChatGPT developer OpenAI.
This news confirms the relevant report by the media in February this year, citing informed sources, marking another important step for Zuckerberg in the field of AI commercialization after open-sourcing the large-language model Llama.
With Google and Musk-owned xAI successively releasing independent applications such as Gemini and Grok, technology giants are separating AI assistants from search boxes and social platforms to create exclusive entrances.
Meta Chief Financial Officer Susan Li disclosed in January that the monthly active users of Meta AI have increased from 600 million in December last year to 700 million. This user scale has exceeded the latest 100-million-weekly-active-user data released by ChatGPT.
Spotify, the stock with the seventh-largest trading volume, closed 3.48% lower, with a trading volume of $5.806 billion. The company's Q1 revenue was 4.2 billion euros ($4.8 billion), a year-on-year increase of 15%, meeting the guidance and analysts' expectations. The operating profit was 509 million euros, lower than the expected 548 million euros.
Spotify said that the profit was dragged down by social costs of more than 76 million euros, which are defined as payroll taxes related to employee salaries and benefits. The decline in profit masks the strong growth of subscribers in the first three months of this year, indicating that the streaming service's strategy of expanding from music to audiobooks and podcasts is attracting more fans even with price increases.
The company reported that the number of subscribers increased by 12% to 268 million, higher than the 265.2 million expected by analysts. In the second quarter of this year, Spotify expects the number of users to be 273 million, with an operating profit of 539 million euros.
Hims & Hers Health, the stock with the ninth-largest trading volume, closed 23.03% higher, with a trading volume of $5.413 billion. The company announced a cooperation agreement with Danish pharmaceutical giant Novo Nordisk to sell Novo Nordisk's popular weight-loss drug Wegovy through its platform. The two sides said that the release of this packaged product is only the first step of a long-term cooperation and is expected to be launched on the Hims & Hers platform this week.
Google Class A shares, the stock with the 11th-largest trading volume, closed 0.28% lower, with a trading volume of $2.573 billion. According to an unnamed informed source, Google's parent company, Alphabet, has launched the book-building process for its first-ever euro-denominated bond offering, seeking to raise at least 2.5 billion euros ($2.85 billion).
The parent company of Google will issue bonds with maturities of 4-year, 8-year, 12-year, 20-year, and 29-year. Goldman Sachs, HSBC, JPMorgan Chase, Barclays, and Deutsche Bank are responsible for arranging the transaction. The deal is expected to be priced later on Tuesday.
UnitedHealth, the stock with the 13th-largest trading volume, closed 2.56% lower, with a trading volume of $4.072 billion. Recently, many brokerages have lowered their target prices for UnitedHealth Group.
Pfizer, the stock with the 17th-largest trading volume, closed 3.21% higher, with a trading volume of $2.244 billion. Pfizer announced on Tuesday that under the intensification of cost-cutting measures, its first-quarter net profit fell about 5% year-on-year to $2.97 billion, and its adjusted earnings per share was 92 cents, much higher than the market-expected 66 cents; its revenue fell 8% year-on-year to $13.72 billion, reflecting the decrease in revenue from its antiviral drug Paxlovid.
Pfizer expects to save about $7.7 billion by the end of 2027 through two cost-cutting measures.
The company maintains its full-year 2025 financial forecast, expecting sales of $61-64 billion, and emphasizes that the guidance currently does not include any potential impact related to future changes in tariff and trade policies.
Visa, the stock with the 20th-largest trading volume, closed 1.19% higher, with a trading volume of $1.856 billion. The company's second-quarter net revenue was $9.59 billion, compared with an estimate of $9.55 billion; its second-quarter adjusted earnings per share was $2.76, compared with an estimate of $2.68.