Top 20 U.S. Stocks by Trading Volume: First Solar Fell 17.89%
On Tuesday, Tesla, the No. 1 turnover in U.S. stocks, closed down 3.90%, with a turnover of 27.763 billion U.S. dollars. Affected by negative news on electric vehicle demand, Tesla's stock price fell. A U.S. Senate bill stipulates that the $7,500 tax credit for electric vehicles will end 180 days after the bill comes into effect.
Tesla is fully promoting the global expansion of its FSD system. However, this process has encountered a major setback in Sweden, as the Stockholm municipal government clearly rejected Tesla's application to conduct FSD testing on the city's streets.
The second place is NVIDIA, which closed down 0.39%, with a turnover of 19.871 billion U.S. dollars. Barclays raised NVIDIA's target price from $170 to $200 on Tuesday.
The third place is AMD, which closed up 0.56%, with a turnover of 11.044 billion U.S. dollars. It is reported that Microsoft and AMD have reached an agreement to jointly design chips for a series of devices, which will be used in products including the next-generation Xbox game console.
The fifth place is Apple, which closed down 1.40%, with a turnover of 7.512 billion U.S. dollars. Apple's software chief Craig Federighi and marketing chief Greg Joswiak responded for the first time to the inside story of Siri's delayed release.
Federighi admitted that Apple originally planned to improve Siri in two stages and already had a usable version, but it failed to meet Apple's quality standards and thus was not released on time. He emphasized that Apple will not rush to launch imperfect products to seize the first-mover advantage, but hopes to provide users with high-quality experiences.
The sixth place is Microsoft, which closed down 0.23%, with a turnover of 7.145 billion U.S. dollars. It is reported that the partnership between OpenAI and Microsoft may deteriorate, and OpenAI executives have discussed accusing Microsoft of anti-competitive behavior during their cooperation.
OpenAI hopes that Microsoft will give up the right to distribute future profits in exchange for a 33% stake in its restructured division.
The seventh place is Amazon, which closed down 0.59%, with a turnover of 6.799 billion U.S. dollars. Amazon's private cargo airline has joined hands with two other airlines to launch the first exclusive South American route: 21 Air, a small U.S. cargo operator, and Avianca, a major Latin American airline with strong strength in the cargo field.
Earlier this month, Amazon announced a contract with Avianca Cargo to introduce customers to its newly launched cargo service. The service will open unused cargo aircraft capacity to third-party shippers. Avianca is booking space on Amazon Air's return flights from Bogota, Colombia, to Miami - which were often empty in the past.
The eighth place is Meta Platforms, which closed down 0.70%, with a turnover of 6.703 billion U.S. dollars. The company announced on Monday that businesses can now use WhatsApp's "Status Ads" to guide users to interact with merchants using the messaging function.
These ads only appear on the "Moments" tab, separated from private chats. In addition, Meta will also monetize the WhatsApp channel function through search ads and subscription models.
The introduction of ads in this instant messaging app marks a key step for Zuckerberg to achieve his vision of "creating a new chapter in Meta's history" announced to the media in 2022.
Eleven years after Facebook acquired WhatsApp for $19 billion, Meta has finally introduced ads into the app whose founder once resisted ads, marking a major strategic shift.
The tenth place is CoreWeave, which closed up 8.47%, with a turnover of 5.381 billion U.S. dollars. Bank of America downgraded CoreWeave to "Hold" but significantly raised its target price from $76 to $185.
"After the first-quarter earnings report, CoreWeave's stock price has rasied 145%. We believe that its short-term upside space has basically been digested by the market," wrote Brad Sills, an analyst at Bank of America, in the report.
The twelfth place is Google Class A shares, which closed down 0.46%, with a turnover of 4.388 billion U.S. dollars.
Google released the "Security Charter" in India and will expand the research and development of artificial intelligence-led fraud detection and anti-scam technologies in this largest market outside the United States.
The sixteenth place is Reddit, which closed up 6.05%, with a turnover of 3.175 billion U.S. dollars. The company announced during the Cannes International Creative Festival on Monday that it will launch two new features to help brands make better use of platform discussion content.
Reddit said these tools are driven by the "Reddit Community Intelligence Engine," which can transform "posts and comments into structured intelligence."
Reddit's launched "Reddit Insights" is a real-time public opinion analysis tool that provides marketers with trend insights to plan marketing activities.
The company's other AI tool, the "Conversation Summary Plugin," allows brands to display users' "positive" content below ads.
"These tools open a new era of community marketing, where brands can leverage Reddit's authentic community atmosphere to build deep connections with high-intent user groups worldwide," said Reddit in a statement.
The seventeenth place is First Solar, which closed down 17.89%, with a turnover of 2.934 billion U.S. dollars.
U.S. solar stocks generally fell on Tuesday because the new budget bill plans to cancel tax credits. The newly announced Senate budget bill maintains the plan to gradually cancel tax credits for solar and wind energy by 2028.
The Senate Finance Committee, dominated by Republicans, released its version of the budget bill on Monday evening. Similar to the version passed by the House of Representatives, the draft will gradually cancel incentives for solar and wind energy.