U.S. Stock Market Top 20 by Trading Value: Apple to Tap Google AI for Major Siri Overhaul

Tesla, the top stock by trading value on Wednesday, rose 4.01% with $38.586 billion traded.

 

Tesla’s India sales have underperformed, prompting a strategic overhaul. The company has hired former Lamborghini India head Sharad Agarwal to lead local operations, starting this week, as part of a more localized push. Since mid-July sales launch, Tesla has received over 600 orders—below internal targets.  

 

Norway’s $2 trillion sovereign wealth fund voted against Musk’s nearly $1 trillion compensation package ahead of this week’s shareholder meeting, citing excessive size, dilution risks, and key-person concerns.

 

Nvidia, second in trading value, fell 1.75% with $33.239 billion traded, closing lower in four of the past five sessions. Famed short-seller Michael Burry disclosed a $1.1 billion bearish bet via put options on Nvidia and Palantir.

 

AMD, third in trading value, rose 2.51% with $16.922 billion traded. Q3 results beat forecasts, with Q4 revenue guidance near $9.6 billion. Morgan Stanley noted standout gaming strength, robust server gains, expanding PC share, and an embedded cyclical rebound expected to grow next year. AI progress met expectations with Q3 year-over-year growth after H1 declines, though trailing Nvidia and Broadcom’s ASIC momentum.

 

Microsoft, sixth in trading value, fell 1.39% with $11.648 billion traded. Microsoft and UAE’s G42 deepened ties under a $15.2 billion UAE investment, expanding Khazna data centers by 200 MW, online by late next year.

 

Apple, seventh in trading value, rose 0.04% with $11.49 billion traded. Apple plans to license Google’s 1.2 trillion-parameter AI model for a sweeping Siri revamp.

 

Google (Class A), ninth in trading value, rose 2.44% with $8.577 billion traded. Insiders say Apple will pay Google ~$1 billion annually for the tech, finalizing a deal after extensive evaluation. The partnership will rebuild Siri’s core for major new features next year, leveraging Google’s far larger model.

 

Micron, 11th in trading value, surged 8.93% with $6.681 billion traded. Samsung halted October DDR5 contract quotes, triggering SK Hynix and Micron to follow suit, delaying resumption until mid-November. With Samsung citing “no stock,” spot DDR5 prices jumped 25% in a week.

 

Robinhood, 14th in trading value, rose 4.15% with $4.248 billion traded. Q3 net revenue hit $1.27 billion (beat $1.21 billion est.), crypto revenue $268 million, adjusted EBITDA $742 million (beat $726.9 million est.), and ARPU $191 (beat $182 est.).

 

IREN, 17th in trading value, soared 14.68% with $3.262 billion traded. Microsoft signed a five-year, ~$9.7 billion deal for Nvidia GB300-based AI cloud capacity in Texas, becoming IREN’s largest customer. IREN agreed to buy required GPUs and gear from Dell for $5.8 billion, with 20% prepaid.

 

TSMC, 20th in trading value, dipped 0.14% with $3.067 billion traded. Elon Musk confirmed on X that Tesla’s AI5 chip will be co-manufactured by TSMC and Samsung, with pilot production in 2026 and volume in 2027.