Tesla (TSLA), the top-traded stock on Wednesday, closed down 0.03% with trading volume in the billions. The U.S. National Highway Traffic Safety Administration (NHTSA) disclosed that its Office of Defects Investigation (ODI) received a petition on November 24, 2025, requesting an investigation into mechanical door unlock mechanisms in 2022 Tesla Model 3 vehicles. The petition highlighted issues such as hidden design, lack of markings, and difficulty locating the mechanism in emergencies. NHTSA has initiated a defect petition process to evaluate the concerns and decide whether to grant or deny the petition.
NVIDIA (NVDA), the second most-traded stock, fell 0.32% with $12.202 billion in volume. Reports emerged that NVIDIA halted testing of Intel’s (INTC) 18A process for high-end chip production, negatively impacting Intel’s stock on Wednesday.
Two anonymous sources revealed that NVIDIA recently tested Intel’s 18A process but has since terminated the collaboration. Neither NVIDIA nor Intel immediately responded to requests for comment. However, an Intel spokesperson stated that the company’s 18A technology is "progressing well in development."
Micron Technology (MU), the third most-traded stock, rose 3.77% with $5.119 billion in volume. Argus Research raised Micron’s price target from $210 to $320, citing AI-driven growth and demand recovery across multiple end markets.
Broadcom (AVGO), ranked fifth, gained 0.26% with $3.955 billion in volume. Citi reiterated its bullish outlook on NVIDIA, Broadcom, and Micron, predicting the AI supercycle will extend into 2026.
Alphabet (GOOGL), the seventh most-traded stock, dipped 0.08% with $3.08 billion in volume. Reports suggested Google, once seen as lagging in AI, has made significant strides with its Gemini 3 model, prompting OpenAI CEO Sam Altman to issue an internal "Code Red." Deepwater Asset Management’s Gene Munster predicted Google will emerge as the strongest performer among the "Magnificent Seven" in 2026.
AST SpaceMobile (ASTS), tenth in trading volume, dropped 8.89% with $2.132 billion in volume. Sidus Space announced winning a Missile Defense Agency (MDA) contract worth up to $151 billion under the SHIELD program, accelerating innovation delivery.
Nike (NKE), ranked 12th, surged 4.64% with $2.124 billion in volume. Apple CEO Tim Cook, a Nike board member since 2005, purchased $2.95 million worth of Nike shares—his first open-market buy—signaling strong insider confidence. Intel’s former CEO Robert Swan also increased his Nike holdings.
Costco (COST), 18th in volume, rose 2% with $1.54 billion in trading. Wells Fargo lowered its price target from $1,000 to $900 but maintained a "Hold" rating.
(Data sourced from Sina Finance App’s U.S. stock market section.)