Top 20 in US Stock Trading Volume: Skechers is about to delist, and its stock price surges by 24%

On Monday, Tesla ranked first in US stock trading volume. It closed down 2.42%, with a trading volume of $26.231 billion. It is reported that Tesla is facing severe challenges in the core European markets. The latest data shows that in April this year, the electric vehicle registrations of this brand in the six major European markets plummeted year-on-year, with the largest decline reaching 81%, highlighting its growth dilemma in an environment of intensified geopolitical competition.

 

The total sales volume of all-electric vehicles in Europe increased by 28% in the first quarter, while Tesla's sales decreased by 37.2%. Tesla's new car sales in Sweden plummeted by 80.7% in April, reaching the lowest level since October 2022; in the Netherlands, they also plummeted by 73.8%, the lowest for the same period since 2022; sales in the Portuguese market decreased by 33%, and the decline rate also expanded compared to the previous month.

 

NVIDIA ranked second, closing down 0.59%, with a trading volume of $14.988 billion. According to media reports on Monday (May 5), a US lawmaker plans to introduce a bill in the next few weeks to force NVIDIA chips to be implanted with a positioning system.

 

The report said that the measure of monitoring the chip's positioning has received support from US lawmakers of both parties, and the purpose of this move is to further regulate NVIDIA's chip export behavior.

 

Bill Foster, a Democratic member of the US House of Representatives from Illinois, plans to introduce a bill in the next few weeks instructing US regulatory agencies to formulate rules in two key areas: tracking the location of chips after sale to ensure they comply with export control licenses; and preventing chips without appropriate export control licenses from starting up. This bill will give the US Department of Commerce six months to formulate relevant regulations.

 

Apple ranked fourth, closing down 3.15%, with a trading volume of $13.156 billion. According to documents from the US Securities and Exchange Commission (SEC), Apple Inc. issued four series of corporate bonds on Monday, local time. This is the company's first debt financing in two years, and the funds raised are expected to be used for share buybacks, repayment of outstanding debts, and other purposes.

 

The issuance scale has not been announced at the time of release, but according to CreditSights analysts' predictions, Apple is expected to raise nearly $5 billion to $6 billion this time. Analysts pointed out that from May to November, Apple has about $8 billion in debt maturing.

 

According to media reports, Apple plans to issue up to four tranches of investment-grade bonds, with the longest maturity being a 10-year bond, and the initial pricing is about 0.7 percentage points higher than that of US Treasury bonds.

 

The industry expects that the issuance volume of the US high-rated corporate bond market this week will reach $35 billion to $40 billion, and industrial and technology companies (such as Apple) are likely to account for most of the issuance scale.

 

It is reported that Barclays Bank, Bank of America, Goldman Sachs Group, and JPMorgan Chase will be responsible for underwriting Apple's bonds.

 

Berkshire Hathaway's Class B shares ranked sixth, closing down 5.12%, with a trading volume of $8.347 billion. The news that Warren Buffett will step down as CEO at the end of 2025 put pressure on the stock. Berkshire Hathaway issued a statement regarding the board of directors' vote on May 4, saying that the board of directors has voted to appoint Greg Abel as CEO effective January 1, 2026. Warren Buffett will continue to serve as Chairman.

 

In addition, the decline of this stock may also be affected by its first-quarter performance. The earnings report shows that dragged down by a 48.6% plunge in insurance underwriting profits, Berkshire Hathaway's operating profit decreased by 14%. Berkshire said that wildfires in Southern California caused the company to suffer a loss of $1.1 billion during this period.

 

Amazon ranked eighth, closing down 1.91%, with a trading volume of $6.498 billion. Donald Trump ordered to impose a 100% tariff on movies produced overseas, for the first time extending his restrictive trade policy on US imports to the entertainment industry. Amazon acquired Metro-Goldwyn-Mayer Studios for $8.45 billion in 2021.

 

Netflix ranked ninth, closing down 1.94%, with a trading volume of $6.342 billion. Affected by the news that Donald Trump ordered to impose a 100% tariff on all movies produced abroad and imported into the US, US film and entertainment stocks generally declined.

 

Skechers ranked 11th, closing up 24.35%, with a trading volume of $4.667 billion. Skechers said on Monday that it has agreed to a $9.4 billion privatization deal proposed by the investment firm 3G Capital. The footwear company is struggling to cope with the impact of high US tariffs and unstable trade policies.

 

According to media calculations, 3G Capital has proposed to acquire Skechers' shares at a cash price of $63 per share, with a 28% premium over the stock's closing price on Friday.

 

Skechers withdrew its annual performance forecast last month, citing that Donald Trump's administration's trade policies have impacted the global economy and weakened consumer confidence. The acquisition firm 3G Capital, controlled by Brazilian billionaire financier Jorge Paulo Lemann, is known for its investments in the food and beverage sector through companies such as Kraft Heinz.

 

HIMS ranked 15th, closing up 2.60%, with a trading volume of $2.814 billion. The company announced on Monday that former Amazon executive Nader Kabbani will join the company as Chief Operating Officer. Kabbani worked at Amazon for nearly 20 years, leading the creation of Amazon Pharmacy, and overseeing the acquisition of the online pharmacy PillPack and the work of the global COVID-19 vaccine task force.

 

Taiwan Semiconductor Manufacturing Company (TSMC) ranked 18th, closing down 1.61%, with a trading volume of $2.434 billion. After TSMC announced the progress of its 1.8nm technology, Intel also updated the technology roadmap of Intel Foundry.

 

Recently, at the 2025 Intel Foundry Forum held in San Jose, California, Intel's CEO Lip-Bu Tan announced that the Intel 18A process node has entered the risk production trial stage, and also announced the most advanced Intel 14A (1.4nm), which is expected to increase performance per watt by 15% - 20% compared to the 18A process, and products are expected to be launched around 2027.

 

It is worth mentioning that in early April, TSMC announced that its 2nm (N2) chips will enter mass production in the second half of this year, the A14 (1.4nm) process is expected to start mass production in 2028, and the new version of A14 SPR is targeted for launch in 2029.

 

Lip-Bu Tan's public statement means that 2028 will be a new node in the competition between Intel and TSMC, as they will fully compete in the 1.8nm advanced process.