Tech Titans Tumble: High Trading Volumes Highlight Sell-Off in Major Stocks

1. Nvidia (Nasdaq: NVDA)
Nvidia dropped solidly by -4.05%, with the trading volume of 31.01B. NVIDIA launched the NVIGI SDK to advance AI innovation in gaming, while CEO Jensen Huang addressed misunderstandings regarding DeepSeek. He emphasized that changes in AI training will amplify demand for NVIDIA's computational power.

2. Tesla (Nasdaq: TSLA)
Tesla dropped solidly by -4.68%, with the trading volume of 25.14B. China's SAIC Motor is hiring for key positions in its passenger car segment, while Tesla is recalling 376,000 vehicles in the U.S. Nissan's credit rating was downgraded to junk by Moody's following a failed merger with Honda.

3. Palantir Technologies (NYSE: PLTR)
Palantir Technologies dropped solidly by -4.63%, with the trading volume of 13.40B. Loop Capital initiated coverage of Palantir with a buy rating and a target price of $141. The U.S. Department of Defense's planned budget cuts have possibly impacted Palantir, with expectations of a disappointing first-quarter performance and CEO Alex Karp's new stock trading plan.

4. Apple (Nasdaq: AAPL)
Apple dipped mildly by -0.11%, with the trading volume of 13.07B. Apple quietly launched the iPhone 16e with AI features targeting the mid-range market, boosting production capacity in India to meet local and global demand. Meanwhile, Apple plans to relocate manufacturing from Mexico to the U.S. and introduces new software updates.

5. Amazon (Nasdaq: AMZN)
Amazon.Com dipped mildly by -2.83%, with the trading volume of 11.99B. Tesla, NVIDIA, Intel, Netflix, Alphabet, Amazon, Microsoft, Meta Platforms, and Apple experienced significant declines, with Tesla dropping over 4% and Amazon acquiring creative rights for future James Bond films. UnitedHealth, Walmart, and other major Dow Jones components also fell.

6. Microsoft (Nasdaq: MSFT)
Microsoft dipped mildly by -1.90%, with the trading volume of 10.98B. Microsoft released a new snipping tool with video trimming, plans updates for Windows 11 start menu, and introduced new features through the Windows 11 Beta channel. Microsoft aims to revolutionize the gaming industry with a human action model, but developers are skeptical.

7. Meta Platforms (Nasdaq: META)
Meta Platforms dipped mildly by -1.62%, with the trading volume of 10.71B. Meta has partnered with Georgia Tech on VR/AR training for robots, launched a $50M VR creator fund and Horizon Worlds editor, and announced a $1M VR/MR development competition. Additionally, Meta increased executive bonuses and reduced employee stock options by 10%.

8. Alibaba Group Holding Limited (NYSE: BABA)
Alibaba Group Holding Limited gained solidly by 5.72%, with the trading volume of 10.54B. Alibaba's USD convertible bond reached a record high, driven by AI interest and strong earnings. The company’s 2031 convertible bond rose approximately 38% this year, signaling market confidence in Alibaba’s growth and AI investments.

9. Unitedhealth Group Incorporated (NYSE: UNH)
Unitedhealth Group Incorporated plunged by -7.17%, with the trading volume of 9.10B. UnitedHealth Group has been impacted by news of a reported U.S. Department of Justice investigation into its insurance billing practices, resulting in significant stock declines. The company denied these claims as misinformation. Additionally, UnitedHealth is offering voluntary buyouts to some employees in response to cost pressures.

10. Alphabet (Nasdaq: GOOGL)
Alphabet dipped mildly by -2.65%, with the trading volume of 6.35B. Google A disclosed six insider transactions on February 21, 2025, with executive Porat Ruth selling 5,855 shares on that date. The company is also under potential EU scrutiny for violating the Digital Markets Act.