Major tech companies experience surge in stock prices as Nvidia, Datadog, and Oracle lead with high trading volumes

Nvidia, listed on Nasdaq as NVDA, saw a modest gain of 1.33%, accompanied by a trading volume of 22.92 billion. The tech giant is making moves to stabilize prices by reducing the supply of its RTX 50 graphics cards. Additionally, their Blackwell Ultra AI chip has been successfully deployed by leading companies like CoreWeave and Dell, positioning Nvidia as a formidable player in the global AI computing power arena.

On the other hand, Tesla, trading as TSLA on Nasdaq, experienced a slight dip of -0.10%, with a trading volume of 18.35 billion. In more positive news, the electric vehicle manufacturer managed to exceed 190,000 in wholesale sales in China during Q2, representing a significant portion of its overall deliveries. CEO Elon Musk continues to innovate with the launch of the “Oasis Supercharger,” aimed at providing off-grid solar charging solutions and addressing the needs of environmentally conscious consumers.

Apple, known as AAPL on Nasdaq, saw a mild increase of 0.52% in its stock value, accompanied by a trading volume of 7.46 billion. Investors are eagerly awaiting the upcoming fiscal Q3 2025 earnings report, as iPhone sales in China saw growth for the first time in two years, helping Apple capture the third-largest market share. Additionally, Apple reported a 12% revenue boost from its App Store in fiscal 2025.

Tech giant Microsoft, trading as MSFT on Nasdaq, experienced a slight gain of 1.58% with a trading volume of 6.97 billion. Despite laying off more than 9000 employees in the gaming division and canceling the “Blackbird” project, the company remains committed to expanding its gaming portfolio, with over 40 titles currently in development.

Amazon, listed as AMZN on Nasdaq, also saw a mild increase of 1.59% in its stock value, with a trading volume of 6.60 billion. The e-commerce giant plans to integrate its Freevee streaming service into Prime Video in August, consolidating its streaming offerings. With over one million robots operating in its facilities, Amazon is nearing the number of human employees, sparking concerns about the impact of automation on job security.

Meta Platforms, trading as META on Nasdaq, experienced a slight increase of 0.76% in its stock value, with a trading volume of 6.20 billion. The company is working on an AI chatbot project called Project Omni to enhance user interaction. However, Meta is facing scrutiny for insider trading activities involving sales from executives, along with proposed acquisitions in Venture Funds founded by Nat Friedman and Daniel Gross.

Palantir Technologies, listed as PLTR on the NYSE, saw a modest gain of 1.70% in its stock value, with a trading volume of 5.62 billion. The company disclosed 17 insider transactions, including executive Taylor Ryan D. selling 33,300 shares on July 1.

Robinhood Markets, trading as HOOD on Nasdaq, faced a solid drop of -3.65% in its stock value, with a trading volume of 5.30 billion. The company is exploring tokenization of stocks and other assets to revolutionize the financial sector. Insider trading activities within the company have also been disclosed, with executives engaging in buying and selling shares. OpenAI clarified that it is not collaborating on any tokenization efforts with Robinhood.

Datadog, traded as DDOG on Nasdaq, experienced a significant surge of 14.92% in its stock value, with a trading volume of 4.56 billion. The company announced insider trading transactions on July 2 and is set to replace Juniper Networks in the S&P 500 index.

Lastly, Oracle, listed as ORCL on NYSE, saw a solid gain of 3.07% in its stock value, supported by a trading volume of 4.34 billion. The tech giant partnered with OpenAI to expand the “Stargate” project, with Oracle providing substantial computing power from its data centers. Additionally, Oracle secured a lucrative $300 billion cloud computing deal, which is expected to significantly boost its annual revenue in the future.