NVIDIA, ranked first in Tuesday's US stock trading volume, closed down 1.08%, with a turnover of $21.473 billion. Former President Donald Trump praised Apple's current CEO Tim Cook and NVIDIA's CEO Jensen Huang on Monday. Analysts noted that Trump's commendation of Huang stems more from his commercial influence in the AI sector and his public support for Trump's policies: Huang has praised Trump's policies on multiple occasions, particularly those aimed at revitalizing domestic manufacturing and the energy agenda, stating they have "completely changed the game for the AI industry." Furthermore, NVIDIA has committed to significant investments in the United States, such as a planned $500 billion investment to build AI server and supercomputer factories, which aligns perfectly with Trump's "America First" manufacturing agenda, thus earning public praise from Trump. Huang's recognition by Trump is also due to their successful business collaboration. Last year, Huang accompanied Trump on a visit to the Middle East, facilitating a multi-billion dollar deal for NVIDIA to sell AI chips to Saudi Arabia, generating substantial commercial benefits for the US. Tesla, the second most traded stock, closed down 1.55%, with a turnover of $19.546 billion. A report released Tuesday by the California New Car Dealers Association showed that Tesla's vehicle registrations in California fell 24.3% year-over-year in the first quarter, making it the brand with the largest decline in the state. This decline occurred as the overall electric vehicle market in California continues to shrink, highlighting a weakening growth momentum for the EV industry in this crucial US region. The report indicated that the state's total zero-emission vehicle sales for the quarter dropped to 57,111 units from 95,520 units a year earlier, a sharp decline of 40%. Microsoft, ranked third, closed up 1.46%, with a turnover of $13.526 billion. Microsoft announced on Tuesday a price reduction for its Xbox Game Pass subscription service and confirmed that future new releases in the *Call of Duty* series will not be available on the service on their launch day. This marks the first major strategic adjustment under the new leadership of its gaming division. According to Microsoft's announcement, the monthly fee for Xbox Game Pass Ultimate has been reduced from the previous $29.99 to $22.99, a decrease of approximately 23%; the PC Game Pass monthly fee has been lowered from $16.49 to $13.99. These changes are effective immediately. Existing subscribers will see the new rates automatically applied to their accounts after April 22. Separately, a London court ruled on Tuesday that Microsoft must face a collective lawsuit alleging it overcharged thousands of UK businesses. Apple, ranked fourth, closed down 2.52%, with a turnover of $13.244 billion. As John Ternus prepares to assume the role of CEO and Tim Cook transitions to Chairman, Apple is undergoing a leadership transition, with management signaling a greater focus on hardware integration. In a memo to employees, newly appointed Chief Hardware Officer Johny Srouji outlined plans to merge the company's Hardware Engineering and Hardware Technologies teams into a single organization, a move expected to streamline decision-making processes for key product lines like the iPhone, iPad, and Apple Watch. Advanced Micro Devices (AMD), ranked sixth, closed up 3.47%, with a turnover of $10.904 billion. According to sources from KeplerL2, the custom core chip "Magnus" APU, which AMD previously developed for Microsoft's next-generation Xbox console "Project Helix," will subsequently be made available to other manufacturers. Foreign media outlet Notebook Check suggests this indicates Microsoft is likely opening up the "Project Helix" Xbox ecosystem, allowing OEMs like ASUS and MSI to manufacture their own versions of the Xbox console. UnitedHealth, ranked ninth, closed up 6.96%, with a turnover of $8.921 billion. The company's health services group, Optum, reported better-than-expected performance and raised its outlook. UnitedHealth's first-quarter results exceeded expectations, and it raised its 2026 EPS guidance to above $18.25. Its medical care ratio improved to 83.9%, reflecting cost management and the release of reserves from the Optum division. Avis Budget, ranked tenth, closed up 17.27%, with a turnover of $8.18 billion. Over the past month, the US car rental and sharing service provider staged a stock price surge remarkable enough to be recorded in financial history: between March 20 and April 20, the stock skyrocketed by over 500%. The core trigger for this surge was a raid by a hedge fund, which, combined with a major long-term shareholder, effectively locked up approximately 71% of the float, sparking an extreme short squeeze. However, the company's latest quarterly revenue fell short of expectations, indicating underlying fundamentals remain weak. Faced with this extreme divergence between stock price and fundamentals, several major Wall Street firms have issued warnings, stating that Avis Budget's current share price is severely disconnected from its fundamentals, and the bubble could rapidly deflate once the battle between bulls and bears subsides. Netflix, ranked seventeenth, closed down 2.37%, with a turnover of $5.726 billion. It was reported that the live-action *Mobile Suit Gundam* film, a co-production between Netflix and Legendary Pictures, has commenced filming in Australia, starring Sydney Sweeney and Noah Centineo. The film will feature an original story focusing on the conflict and destiny of two rival mobile suit pilots during a prolonged space war. Lumentum, ranked eighteenth, closed down 6.50%, with a turnover of $4.894 billion.
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