What's on the News?

• On last Friday, the highest trading volume on the US market was Tesla Motors, Inc.(TSLA.US) , which closed up 3.82%. The stock had plummeted by over 14% on Thursday. A White House insider revealed that Trump has no plans to speak with Musk at the moment.
• The second spot went to NVIDIA Corporation(NVDA.US) , which closed up 1.24%. Reports indicated that Nvidia is significantly ramping up its lobbying efforts towards the US government. It was reported that in the first quarter of 2025, Nvidia spent nearly a million dollars in just three months to create favorable export control conditions, in an attempt to sell its advanced AI chips abroad. This move is primarily in response to the strict controls the US government has imposed on Nvidia’s export of high-performance AI chips.
• Palantir(PLTR.US)  took third place, closing up 6.51%. The company’s CEO, Alex Karp, stated that artificial intelligence will bring significant risks, and the ultimate winner of the current AI arms race will likely be one of two major nations. He said, “This technology will have both positive impacts and negative consequences,” but there can only be one victor.
• Broadcom Limited(AVGO.US)  secured the fourth position, closing down 5.00%. Broadcom’s second-quarter revenue hit a record high, with EPS continuing to grow by over 40% and exceeding expectations. AI revenue for the quarter increased by 46%, a significant slowdown from the previous quarter’s 77% growth rate. Broadcom projected that AI chip revenue would continue to grow for ten consecutive quarters, accelerating to $5.1 billion in the third quarter, but this was still 3.7% lower than the high expectations of some analysts.
• Apple Inc.(AAPL.US)  closed up 1.64%. It was reported that Apple will unveil its own gaming app at this year’s Worldwide Developers Conference. The app is expected to be an integrated gaming launcher, featuring in-game achievements, leaderboards, social functions, and may be pre-installed on several of Apple’s hardware devices.
• Amazon.com, Inc.(AMZN.US)  closed up 2.72%. It was reported that Amazon will freeze its hiring budget for its large retail business this year. According to an internal email, the retail division, a core business segment, will maintain the same “headcount operating expense” as in 2024, meaning the total amount of employee salaries and stock-based compensation will remain unchanged.
• Microsoft Corporation(MSFT.US)  closed up 0.58%. Microsoft CEO Satya Nadella recently stated that as both companies evolve, the partnership between Microsoft and OpenAI is changing, but the alliance remains solid. Nadella pointed out that it is a natural trend for the collaboration model to evolve as OpenAI transitions from a pure research lab to a commercial giant.
• Circle(CRCL.US)  Internet Group, a stablecoin issuer, closed up 29.40%, extending yesterday’s surge of over 160%. The company made its debut on the New York Stock Exchange at $69.50 per share on Thursday, a 124.19% increase from its IPO price of $31. Previously, the expected IPO price range was $50–$52.
• Alphabet Inc. Class A(GOOGL.US) ’s  shares closed up 3.25%. Google launched the updated preview version of its large model, Gemini 2.5 Pro (0605), on Friday, and stated that this would become the official stable version in a few weeks, suitable for enterprise-level applications. Gemini 2.5 Pro is part of Google’s flagship model series. It has released several preview versions in the past three months and has consistently ranked first in the large model arena LMArena. This updated version outperforms the previous ones in all aspects and continues to hold the top spot.
• Lululemon Athletica Inc(LULU.US) , a Canadian yoga apparel manufacturer, closed down 19.80%. The company reported its first-quarter results for the 2025 fiscal year, with net revenue increasing by 7% year-over-year to $2.37 billion, slightly above analysts’ expectations of $2.36 billion. Net income was $314 million, down from $321 million in the same period last year.
• CoreWeave(CRWV.US)  closed up 3.78%. The stock has risen by 25.9% this week.