Top 20 in US stock trading volume: Tempus AI Plunges Nearly 20%

On Wednesday, NVIDIA, ranked No. 1 by trading volume, closed down 0.51% with a trading volume of $33.283 billion. The company’s earnings report, released after the market close on Wednesday, had garnered significant attention ahead of its publication.

NVIDIA’s Q1 fiscal 2026 revenue reached $44.1 billion, compared to $26.044 billion in the same period last year, exceeding the market expectation of $43.155 billion.

Data center revenue stood at $39.1 billion, up from $22.6 billion in the prior-year period and $35.6 billion in the previous quarter, slightly below the market forecast of $39.33 billion.

The company expects Q2 fiscal 2026 revenue to be $45 billion, with a ±2% margin, while the market had anticipated $45.9 billion.

NVIDIA’s net profit in the first fiscal quarter was $18.78 billion, a year-on-year increase of 26%.

Additionally, Texas Instruments announced on Wednesday that it is collaborating with NVIDIA to develop power management and sensing technologies for 800V high-voltage direct current (HVDC) power distribution systems in data center servers. This new power architecture will enhance the scalability and reliability of next-generation AI data centers.

2.Tesla closed down 1.65% with a trading volume of $32.163 billion. According to the latest data from research firm JATO Dynamics, BYD sold 7,231 new pure electric vehicles in Europe in April, a year-on-year increase of 169%, ranking among the top 10 EV brands. Tesla’s new EV sales in Europe fell 49% year-on-year to 7,165 units in April, dropping one position in the rankings and being overtaken by BYD in the rankings.

Media reported on Wednesday that Neuralink, a brain-computer interface company founded by Elon Musk, has recently completed a $600 million financing round, valuing the company at $9 billion before the funding.

3.Apple rose 0.10% with a trading volume of $8.728 billion. Apple is reportedly planning its most comprehensive adjustment to its operating system naming conventions to date, part of a software transformation that extends to all its devices.

According to informed sources, Apple’s next-generation operating systems will be named after years rather than version numbers. Anonymous sources said this means the current iOS 18 will be replaced by iOS 26. Other system updates will be named iPadOS 26, macOS 26, watchOS 26, tvOS 26, and visionOS 26, respectively.

Apple’s move aims to achieve brand identity consistency and eliminate existing practices that may confuse users and developers.

4.Palantir gained 0.30% with a trading volume of $7.914 billion. According to the latest filings with the U.S. Securities and Exchange Commission, Palantir Technologies CEO Alex Karp sold over $50 million worth of company stock last week.

The shares were traded automatically at prices ranging from $125.26 to $127.70 per share to cover withholding taxes on vested restricted stock units. After the reduction, Karp still holds approximately 6.43 million Palantir shares, valued at about $787 million at current prices.

Other Palantir executives also reduced their holdings. Separate filings show that CTO Shyam Sankar sold approximately $21 million worth of shares, while co-founder and president Stephen Cohen sold about $43.5 million worth of shares.

9.UnitedHealth rose 1.05% with a trading volume of $4.753 billion.

10. Broadcom gained 1.60% with a trading volume of $4.698 billion. Melius Research analyst Benjamin Reitzes raised his price target on Broadcom from $198 to $283, maintaining a “buy” rating. The new target implies a 20% upside from the latest share price.

11.Strategy fell 2.14% with a trading volume of $3.323 billion. Bitcoin-related stocks generally declined on Wednesday. 13. TSMC closed down 0.78% with a trading volume of $3.323 billion. The company announced it will establish its first European chip design center in Munich, Germany, expected to open in the third quarter of 2025.

12.Okta plunged 16.16% with a trading volume of $3.086 billion. The company’s announced earnings guidance was seen as cautious due to “excessive investor expectations.”

Morgan Stanley maintained its “overweight” rating on Okta with a price target of $123. Wells Fargo reiterated its “hold” rating with a target of $110. Jefferies maintained its “hold” rating but lowered the target price from $135 to $130.

18.Tempus AI plummeted 19.23% with a trading volume of $2.743 billion. Short-selling firm Spruce Point released a bearish report on the company, alleging that Tempus AI’s management and board members previously led multiple “disruptive technology companies” that frequently experienced financial restatements and shareholder losses.