Tech Titans Tumble: Tesla, Nvidia, and Apple Lead High-Volume Market Shakeup
Friday, Apr 4, 2025 12:23 am ET
2min read 1. Tesla (Nasdaq: TSLA)
Tesla dropped solidly by -5.47%, with the trading volume of 36.51B. BYD leads global new energy vehicle sales for the third consecutive year and is projected to surpass tesla in pure electric market by 2025. Tesla's Q1 sales in Germany and Norway decrease significantly; analysts adjust Tesla's price targets due to recent performance issues.
2. Nvidia (Nasdaq: NVDA)
Nvidia plunged by -7.81%, with the trading volume of 34.83B. Nintendo confirms Switch 2 will use NVIDIA GPU with ray tracing support. Trump tariffs spark global market turmoil; major tech companies like Apple, Amazon, Meta, Tesla, and NVIDIA see sharp declines. HSBC downgrades NVIDIA to "hold." NVIDIA expands DLSS enhancement features, improving game performance and image quality.
3. Apple (Nasdaq: AAPL)
Apple plunged by -9.25%, with the trading volume of 21.07B. Apple disclosed 15 insider transactions as of April 3, 2025, with CEO Tim Cook selling 110,400 shares on April 2, 2025. Apple also released iOS 18.4, supporting 5G-A networks, and faces a $50 billion class-action lawsuit related to alleged false advertising by Apple Books.
4. Meta Platforms (Nasdaq: META)
Meta Platforms plunged by -8.96%, with the trading volume of 18.80B. Meta Platforms disclosed insider transactions with Newstead Jennifer selling 921 shares and Olivan Javier selling 608 shares. Meta is developing a general neural decoder for XR keyboards and plans to launch high-end AI glasses with upgraded screens priced over $1000 by year-end.
5. Amazon (Nasdaq: AMZN)
Amazon.Com plunged by -8.98%, with the trading volume of 17.24B. Amazon is reportedly in talks to acquire TikTok's U.S. business, with the deal affecting 170 million users set to be decided on April 5. Meanwhile, Amazon executive Herrington Douglas J sold 2500 shares on April 1. ByteDance has yet to respond to the acquisition talks.
6. Microsoft (Nasdaq: MSFT)
Microsoft dipped mildly by -2.36%, with the trading volume of 11.29B. Microsoft has paused data center construction projects in the UK, Australia, Illinois, North Dakota, and Wisconsin amid a strategic review following similar actions in the Netherlands, as Azure cloud revenue rose 28%. The company also closed its IoT and AI lab in Shanghai.
7. Palantir Technologies (NYSE: PLTR)
Palantir Technologies dropped solidly by -4.40%, with the trading volume of 7.90B. Palantir disclosed four insider transactions on April 3, 2025, including a sale of 9588 shares by Director Moore Alexander D. on April 1, 2025. On April 2, 2025, Palantir reported six insider transactions, with Executive Taylor Ryan D. selling 33,200 shares on March 31, 2025.
8. Alphabet (Nasdaq: GOOGL)
Alphabet dropped solidly by -4.02%, with the trading volume of 7.10B. Google has announced the global AGI safety framework, aiming to create an international protection mechanism. Meanwhile, the Royal Bank of Canada reduced Google's target price, while Morgan Stanley reaffirmed Google's stock with an "overweight" rating. Google is reportedly in talks with CoreWeave for Nvidia-powered data centers.
9. Broadcom (Nasdaq: AVGO)
Broadcom plunged by -10.51%, with the trading volume of 6.97B. Several fintech companies, including LexinFintech, Yiren Digital, and 51 Credit Card, reported 2024 performance data, showing industry revenue growth but mixed net profits and asset quality. Meanwhile, Broadcom faces high risk from new U.S. tariffs impacting the tech sector.
10. Netflix (Nasdaq: NFLX)
Netflix dipped mildly by -1.97%, with the trading volume of 5.42B. Guggenheim reaffirmed its buy rating for Netflix with a target price of $1100. Netflix's 2024 annual report shows revenue of $39.01 billion and net income of $8.712 billion. Netflix also disclosed 11 insider transactions on April 2, 2025.
Tesla dropped solidly by -5.47%, with the trading volume of 36.51B. BYD leads global new energy vehicle sales for the third consecutive year and is projected to surpass tesla in pure electric market by 2025. Tesla's Q1 sales in Germany and Norway decrease significantly; analysts adjust Tesla's price targets due to recent performance issues.
2. Nvidia (Nasdaq: NVDA)
Nvidia plunged by -7.81%, with the trading volume of 34.83B. Nintendo confirms Switch 2 will use NVIDIA GPU with ray tracing support. Trump tariffs spark global market turmoil; major tech companies like Apple, Amazon, Meta, Tesla, and NVIDIA see sharp declines. HSBC downgrades NVIDIA to "hold." NVIDIA expands DLSS enhancement features, improving game performance and image quality.
3. Apple (Nasdaq: AAPL)
Apple plunged by -9.25%, with the trading volume of 21.07B. Apple disclosed 15 insider transactions as of April 3, 2025, with CEO Tim Cook selling 110,400 shares on April 2, 2025. Apple also released iOS 18.4, supporting 5G-A networks, and faces a $50 billion class-action lawsuit related to alleged false advertising by Apple Books.
4. Meta Platforms (Nasdaq: META)
Meta Platforms plunged by -8.96%, with the trading volume of 18.80B. Meta Platforms disclosed insider transactions with Newstead Jennifer selling 921 shares and Olivan Javier selling 608 shares. Meta is developing a general neural decoder for XR keyboards and plans to launch high-end AI glasses with upgraded screens priced over $1000 by year-end.
5. Amazon (Nasdaq: AMZN)
Amazon.Com plunged by -8.98%, with the trading volume of 17.24B. Amazon is reportedly in talks to acquire TikTok's U.S. business, with the deal affecting 170 million users set to be decided on April 5. Meanwhile, Amazon executive Herrington Douglas J sold 2500 shares on April 1. ByteDance has yet to respond to the acquisition talks.
6. Microsoft (Nasdaq: MSFT)
Microsoft dipped mildly by -2.36%, with the trading volume of 11.29B. Microsoft has paused data center construction projects in the UK, Australia, Illinois, North Dakota, and Wisconsin amid a strategic review following similar actions in the Netherlands, as Azure cloud revenue rose 28%. The company also closed its IoT and AI lab in Shanghai.
7. Palantir Technologies (NYSE: PLTR)
Palantir Technologies dropped solidly by -4.40%, with the trading volume of 7.90B. Palantir disclosed four insider transactions on April 3, 2025, including a sale of 9588 shares by Director Moore Alexander D. on April 1, 2025. On April 2, 2025, Palantir reported six insider transactions, with Executive Taylor Ryan D. selling 33,200 shares on March 31, 2025.
8. Alphabet (Nasdaq: GOOGL)
Alphabet dropped solidly by -4.02%, with the trading volume of 7.10B. Google has announced the global AGI safety framework, aiming to create an international protection mechanism. Meanwhile, the Royal Bank of Canada reduced Google's target price, while Morgan Stanley reaffirmed Google's stock with an "overweight" rating. Google is reportedly in talks with CoreWeave for Nvidia-powered data centers.
9. Broadcom (Nasdaq: AVGO)
Broadcom plunged by -10.51%, with the trading volume of 6.97B. Several fintech companies, including LexinFintech, Yiren Digital, and 51 Credit Card, reported 2024 performance data, showing industry revenue growth but mixed net profits and asset quality. Meanwhile, Broadcom faces high risk from new U.S. tariffs impacting the tech sector.
10. Netflix (Nasdaq: NFLX)
Netflix dipped mildly by -1.97%, with the trading volume of 5.42B. Guggenheim reaffirmed its buy rating for Netflix with a target price of $1100. Netflix's 2024 annual report shows revenue of $39.01 billion and net income of $8.712 billion. Netflix also disclosed 11 insider transactions on April 2, 2025.
Ask Aime: What is the impact of BYD surpassing Tesla in the pure electric market on Tesla's Q1 sales in Germany and Norway?
