Tesla Motors (TSLA) rose 1.73% with a trading volume of $31.936 billion, securing the top spot in Thursday's US stock trading volume rankings. The company achieved significant progress in Consumer Reports' annual auto brand rankings, breaking into the top 10 overall. Japanese brands dominated half of the top 10 positions.
The 2025 rankings placed Tesla at No. 10, trailing Subaru, BMW (BMWYY), Porsche, Honda, Toyota, Lexus, Lincoln, Hyundai, and Acura. In 2024, Tesla had ranked 18th among US auto brands.
Nvidia (NVDA) climbed 2.12% with $30.305 billion in trading volume, ranking second. Reports indicated the company will expand its GeForce NOW platform this month, adding popular and newly released games such as "Hogwarts Legacy," "Octopath Traveler 0," "PowerWash Simulator 2," "ROUTINE," and "Enshrouded."
Meta Platforms (META) surged 3.43% with $19.748 billion in trading volume, taking third place. CEO Mark Zuckerberg reportedly plans significant cuts to the company's metaverse division, with executives considering budget reductions of up to 30%. This strategic shift marks a notable change for the Facebook parent, which rebranded as Meta in October 2021 to signal its pivot beyond social media.
Amazon (AMZN) fell 1.41% with $10.37 billion in trading volume, ranking sixth. The e-commerce giant confirmed ongoing discussions with the US Postal Service regarding their partnership, evaluating options ahead of their contract's expiration next year. Amazon has strengthened its position in the $193 billion US parcel industry, traditionally dominated by UPS, FedEx, and USPS.
Snowflake (SNOW) dropped 11.41% with $6.074 billion in trading volume, ranking ninth. AI research lab Anthropic expanded its partnership with the cloud data firm, signing a $200 million multi-year AI agreement. The deal will integrate Anthropic's large language models (LLMs) into Snowflake's platform, extending access to its vast customer base. Morgan Stanley raised Snowflake's target price from $272 to $299, while Deutsche Bank lifted its target from $250 to $275.
Micron Technology (MU) declined 3.21% with $5.288 billion in trading volume, ranking 12th. The company announced plans to halt memory product sales to individual PC/DIY consumers, reallocating capacity to meet surging demand for AI-driven computing clusters. "The exponential expansion of data centers fueled by AI has drastically increased demand for DRAM and NAND products," stated Micron executive Sumit Sadana, explaining the decision to exit the Crucial consumer business to prioritize strategic clients.
Salesforce (CRM) rose 3.66% with $4.869 billion in trading volume, ranking 15th. Its Q3 revenue grew 8.6% YoY to $10.26 billion, slightly below estimates, while non-GAAP diluted EPS surged 35% to $3.25, exceeding expectations. The AI platform Agentforce and Data Cloud platform Data 360 saw annual recurring revenue (ARR) near $1.4 billion, up 114% YoY. Q4 revenue is projected to grow 11.3%–12.3%, marking the first double-digit increase in seven quarters. Salesforce raised its full-year revenue guidance to $41.45–$41.55 billion.
Intel (INTC) fell 7.45% with $4.299 billion in trading volume, ranking 17th. The company reversed plans to sell or spin off its Network and Edge (NEX) division after a strategic review, citing improved financial conditions and synergies in silicon, software, and systems for AI, data centers, and edge computing. Intel terminated talks with Ericsson, which had previously explored acquiring NEX shares.
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