Top 20 in US stock trading volume: UnitedHealth Group's stock price has nearly plunged by 18%
On Tuesday, Tesla, ranking first in US stock trading volume, closed up 4.93% with a trading volume of $44.404 billion. Elon Musk, CEO of Tesla and SpaceX, said at an investment forum held during the Saudi Arabia trip led by the White House on Tuesday that Saudi Arabia has approved the use of "Starlink" in the region for aviation and maritime fields.
Musk also briefly discussed his other business ambitions in the company and promised to introduce Tesla's self-driving taxis to Saudi Arabia at an unspecified date. He said, "I think it would be a very exciting thing to launch self-driving cars in Saudi Arabia if you are willing."
Nvidia, ranking second, closed up 5.63% with a trading volume of $41.935 billion. According to informed sources, the Trump administration is considering an agreement that allows the United Arab Emirates to import more than 1 million advanced Nvidia chips.
This quantity far exceeds the restrictions of the artificial intelligence chip regulations in the Biden era. Informed sources said that the agreement is still under negotiation and may change. From now until 2027, the UAE can import 500,000 of the most advanced chips on the market each year. One-fifth of them will be reserved for the Abu Dhabi artificial intelligence company G42, and the rest will be given to US companies building data centers in the UAE.
UnitedHealth Group, ranking third, closed down 17.79% with a trading volume of $18.743 billion. UnitedHealth Group announced the cancellation of its 2025 performance forecast and announced that its CEO will step down for "personal reasons", and the position will be taken over by Stephen Hemsley. Hemsley once led the healthcare giant from 2006 to 2017 and is currently the chairman of the board.
As one of the largest health insurance companies in the United States, UnitedHealth Group's performance forecast and senior management changes have attracted much attention from the market.
Palantir, ranking fourth, closed up 8.14% with a trading volume of $18.423 billion. Bank of America is bullish on Palantir in its latest research report and has raised its target price to the highest level on Wall Street.
Analyst Mariana Perez-Mora wrote in a report to clients, "Although general-purpose tools have a certain value, we always remind investors that Palantir's core value lies in the large-scale development of result-oriented customized AI products. We believe that Palantir is defining the market standard for how enterprises use AI to achieve substantial results." Perez Mora reiterated the "buy" rating and raised the target price from $125 to $150.
The analyst emphasized that Palantir's latest quarterly financial report proves that the speed of its product deployment and the scale of customer conversion are continuously increasing.
Meta Platforms, ranking fifth, closed up 2.60% with a trading volume of $12.09 billion. Huaan Securities maintains a rating of Meta outperforming the market.
Coinbase Global, ranking ninth, closed up 23.97% with a trading volume of $9.621 billion. On May 12, S&P Dow Jones Indices announced that Coinbase will replace Discover Financial Services as a new component of the S&P 500 index, and this change will officially take effect before the market opens on Monday, May 19.
Another component of the S&P 500 index, Capital One Financial, is currently acquiring Discover Financial Services, and the transaction is expected to be completed soon.
Broadcom, ranking 11th, closed up 4.89% with a trading volume of $6.478 billion. The US stock chip sector generally rose on Tuesday.
AMD, ranking 12th, closed up 4.01% with a trading volume of $6.15 billion.
Hims & Hers Health, ranking 14th, closed up 15.92% with a trading volume of $4.706 billion. The stock has risen by more than 160% so far this year.
Taiwan Semiconductor Manufacturing Company (TSMC), ranking 17th, closed up 3.75%, with a market value exceeding $1 trillion and a trading volume of $3.786 billion. The general rise of the US stock chip sector drove the stock higher.
First Solar, ranking 18th, closed up 22.66%, achieving the best single-day performance in two years, with a trading volume of $3.782 billion. Analysts are collectively optimistic about this solar energy giant, and multiple positive factors have driven its stock price upward.
Brokerage research reports show that this leading solar energy enterprise has recently received strong endorsement from analysts, and its stock price has continued to rise driven by positive ratings. Although the company's latest financial report and performance guidance adjustment surprised the market, the growth potential revealed in it has received more attention.
Multiple institutions have issued buy/overweight ratings, forming a strong seller consensus.
The company's earnings revision that exceeded expectations has caused short-term fluctuations but highlighted its long-term value.
Analysts specifically pointed out that the tax credit policy is expected to give the company a cost advantage of 15-20%.