Top 20 U.S. Stocks by Trading Volume: Market Expects Tesla Deliveries to Continue Declining
On Monday, NVIDIA, the top stock by trading volume, closed up 0.15%, hitting a new record high with $30.456 billion in trading volume and a market cap of $3.855 trillion.
Public market data shows NVIDIA insiders, including CEO Jensen Huang, sold over $1 billion in stock over the past year, with over $500 million sold in June alone, amid record stock highs.
Huang resumed selling this week, his first since September, under a March SEC-approved trading plan allowing up to 6 million shares to be sold, though he retains most of his holdings.
No. 2 Tesla closed down 1.84%, with $23.422 billion in trading volume. Tesla is expected to report quarterly delivery data Wednesday morning, with analysts predicting a second consecutive quarter of double-digit year-over-year declines.
Visible Alpha forecasts Q2 deliveries slightly below 400,000 vehicles, down ~10% from last year’s 440,000+, while production is expected to rise to ~434,200 from 410,831.
In key markets like the U.S. and Europe, Tesla’s demand has been hit by political backlash over CEO Elon Musk’s ties to the Trump administration. Q1 deliveries already fell far below expectations. Media reports note that Omead Afshar, head of Tesla’s North America and Europe sales and manufacturing, resigned recently, joining other departing executives.
No. 3 Apple closed up 2.03%, with $18.553 billion in trading volume. Reports suggest Apple is considering using Anthropic or OpenAI’s AI technology to power the new Siri, potentially marking a shift from its in-house large-scale model.
No. 5 Palantir closed up 4.27%, with $13.268 billion in trading volume. The company announced Accenture’s federal services division as its preferred implementation partner for U.S. federal government clients.
Their joint statement said: “We will deploy commercial-grade AI solutions to address federal agencies’ most pressing operational challenges, including optimizing mission-critical workflows, enhancing decision-making, and strengthening operational resilience.”
No. 6 Amazon closed down 1.75%, with $12.946 billion in trading volume. Amazon lost the right to sell Nintendo’s SWITCH 2 due to sales disputes. Bernstein raised Amazon’s price target from $230 to $235.
No. 8 Google Class A shares closed down 1.29%, with $11.166 billion in trading volume. Alphabet announced an agreement with Commonwealth Fusion Systems to purchase 200 MW of power from its Virginia fusion energy project, marking the first commercial power purchase from nuclear fusion.
Fusion, the energy mechanism of the sun and stars, is not yet commercialized on Earth. CFS, a 2018 MIT spinoff, is building its ARC demonstration project near the world’s largest data center cluster.
No. 9 Robinhood closed up 12.77%, with $8.92 billion in trading volume. The company launched its most ambitious crypto product suite, aiming to deeply integrate traditional finance with blockchain infrastructure, ushering global investors into “seamless tokenized asset trading.” As of this report, the stock was up over 6.7% at $88.61.
Monday’s announcement detailed: tokenized U.S. stocks and ETF trading for European users across 30 EU and EEA countries; staking services for Ethereum and Solana in the U.S., allowing users to earn rewards by supporting network operations; and up to 3x leverage crypto perpetual contracts for eligible European users, cleared by Bitstamp.
No. 11 Oracle closed up 3.99%, with $7 billion in trading volume. The company announced a $30 billion annual revenue cloud services deal, surpassing its current cloud infrastructure business scale.
Oracle disclosed in a Monday regulatory filing that this revenue is expected to begin in fiscal 2028, without naming the client. CEO Safra Catz said: “Oracle started fiscal 2026 strongly.”
She added that the company signed “multiple large cloud service contracts,” with revenue from Oracle’s namesake database running on other cloud platforms growing over 100%.
No. 15 Strategy closed up 5.30%, with $5.462 billion in trading volume. Strategy spent ~$531.9 million from June 23-29 to acquire 4,980 bitcoins at ~$106,801 each; its bitcoin investments have yielded a 19.7% return in 2025. As of June 29, 2025, the company held 597,325 bitcoins, purchased at an average of $70,982, totaling ~$42.4 billion.
No. 18 JPMorgan closed up 0.98%, with $3.628 billion in trading volume. The Fed said Friday that 22 major U.S. banks, including JPMorgan, have sufficient strength to withstand future recessions and maintain lending capacity. Stress tests show these institutions retain ample capital despite billions in potential losses.
This strongly confirms the resilience of the U.S. banking sector amid economic uncertainty, aiding officials and investors in assessing banks’ crisis lending capacity. Passing the stress test allows banks to proceed with shareholder return plans, including dividends and buybacks.