Top 20 US Stock Trading Volumes:Tesla up nearly 6%  

On Tuesday, Tesla ranked first in U.S. stock trading volume, closing up 5.67% with a trading volume of $47.39 billion.

 

Ben Kallo, an analyst at Baird, downgraded the stock from "Buy" to "Hold" on Tuesday, the first such adjustment in three years. Although the firm maintains a price target of $320, which is slightly below Tesla's current trading level, it implies that Baird sees limited upside in the short term.  

 

In addition, Tesla explained in a post on Monday the reasons why more and more owners are switching from traditional fuel vehicles to Tesla, stating that the lower fire risk of Tesla vehicles has become an important consideration for owners.  

 

The second place is NVIDIA, up 0.93%, with a trading volume of $21.909 billion. It is reported that NVIDIA is collaborating with HP Enterprise and the Leibniz Supercomputing Centre to build a new supercomputer named "Blue Lion" in Germany. The system will use HPE's new generation of Cray technology and NVIDIA's high-performance GPUs.  

 

NVIDIA said its computing power is about 30 times that of Germany's current flagship model, SuperMUC-NG. The supercomputer is expected to be available to European researchers in early 2027.  

 

The third place is Google Class A shares, up 1.43%, with a trading volume of $10.723 billion. It is reported that OpenAI plans to use Google Cloud services to obtain additional computing power.

 

Scotiabank of Canada pointed out that this is "a major victory for Google Cloud's business," but "there are still ongoing concerns that ChatGPT is gradually becoming a greater threat to Google's dominance in search."  

 

Analyst Nat Schindler added, "Given the competition between the two, this result is somewhat surprising," but he noted that "this highlights the willingness of both sides to set aside their differences in the face of fierce competition to meet huge computing needs." The firm rates GOOGL as "Outperform" with a price target of $200.  

 

The fourth place is Apple, up 0.61%, with a trading volume of $10.531 billion. Morgan Stanley maintains a price target of $235.00 per share for Apple.  

 

The sixth place is Microsoft, down 0.39%, with a trading volume of $7.191 billion. It is reported that Microsoft is brewing an agreement to increase Copilot users by 1 million.  

 

The seventh place is Meta Platforms, up 1.20%, with a trading volume of $6.957 billion. Meta Platforms is in investment talks with Scale AI worth up to tens of billions of dollars. The deal is expected to be worth more than $10 billion, making it Meta's largest external investment in artificial intelligence and one of the largest financing events in the history of private companies.  

 

The eighth place is Amazon, up 0.29%, with a trading volume of $6.752 billion. Amazon announced on Monday that it will invest $20 billion to build two data center campuses in Pennsylvania, one of which will be adjacent to a nuclear power plant. Previously, Amazon's "direct access" power supply agreement with the nuclear plant had triggered a review by federal regulators.  

 

Kevin Miller, vice president of global data centers at Amazon Web Services (AWS), said the company will also build a new data center campus north of Philadelphia. The announcement means more data center investments from large tech companies are pouring into the state, with related funds reaching tens of billions of dollars.  

 

The twelfth place is AMD, up 1.24%, with a trading volume of $5.079 billion. It is reported that the company has been active recently, announcing two important acquisitions in just one week to further consolidate its competitive strength in the field of artificial intelligence.  

 

On June 4, AMD officially announced the acquisition of Brium, an AI software optimization start-up, and on June 5, the company confirmed the acquisition of the entire team of Untether AI, an AI chip start-up. Although the specific amount of the two deals has not been disclosed, it clearly shows AMD's determination to challenge NVIDIA's dominance in the AI hardware field.  

 

The thirteenth place is Eli Lilly, up 4.33%, with a trading volume of $3.777 billion. Eli Lilly will only cooperate with telemedicine companies that agree to stop selling generic weight-loss drugs, which reduces the possibility of cooperating with one of the most well-known players in the industry, Hims & Hers Health.  

 

Hims partnered with Novo Nordisk in April to provide its competitor Wegovy to patients using its platform at a discounted price. The telemedicine company and its investors have been hoping to reach a similar agreement with Eli Lilly, which is partnering with several of Hims' competitors to distribute the lower-priced Zepbound.  

 

The fourteenth place is CoreWeave, down 4.44%, with a trading volume of $3.701 billion.  

 

The fifteenth place is Intel, up 7.81%, the largest single-day gain in two months, with a trading volume of $3.657 billion.  

 

The twentieth place is Circle Internet, down 8.10%, with a trading volume of $2.706 billion. Previously, the stock had surged more than 270% cumulatively in the three days since its listing.  

 

In terms of news, U.S. Senate Majority Leader John Thune is preparing to hold a procedural vote on stablecoin legislation on Wednesday. The bill, which is supported by the cryptocurrency industry and President Trump, would lay the cornerstone for a regulatory framework for dollar-pegged tokens if it passes the 60-vote threshold. But progressive Democrats have warned that the bill lacks key safeguards against systemic risks.