Tesla topped Friday's US stock trading volume, rising 3.64% with $37.903 billion in trading volume. Tesla has proposed a new performance-based compensation plan for CEO Musk. The plan includes stock awards tied to achieving ambitious milestones, such as doubling Tesla's valuation to $2 trillion.

This proposal aims to keep Musk focused on Tesla's growth while he engages in multiple projects.

The potential value of this compensation agreement could reach approximately $1 trillion, which would be an unprecedented compensation package in US corporate history.

This highly anticipated proposal is designed to incentivize Musk to continue leading Tesla for years to come, setting a series of ambitious performance targets that Musk must achieve to receive full compensation, including expanding Tesla's autonomous taxi business and increasing the company's market value from the current approximately $1 trillion to at least $8.5 trillion. The plan spans ten years.

Nvidia ranked second, falling 2.70% with $36.897 billion in trading volume. Goldman Sachs stated that AI-concept stocks have some risks that cannot be ignored, "Companies participating in this infrastructure construction—such as semiconductor companies, electrical equipment companies, technology hardware companies, and power suppliers—have benefited in terms of profits and earnings from these massive capital expenditure investments."

Goldman Sachs warned that the eventual slowdown in capital expenditure growth could put pressure on valuations, "General forecasts indicate that mega-cap companies will maintain their capital expenditure growth rate through the third quarter of 2025, which could extend the performance of AI second-phase related stocks. However, analysts currently expect these companies to experience significant deceleration in the fourth quarter of 2025 and in 2026."

Broadcom ranked third, rising 9.41% with $26.52 billion in trading volume. Broadcom is helping OpenAI design and produce artificial intelligence (AI) accelerator chips, expected to launch in 2026, entering the high-profit field dominated by Nvidia. Broadcom's stock price soared, marking its largest gain since April.

Sources indicated that the two companies plan to begin delivering the first batch of chips in this series starting next year. Previous reports suggested that OpenAI will initially use these chips internally.

Microsoft ranked fourth, falling 2.55% with $15.827 billion in trading volume. Microsoft has reportedly delayed the release of Windows 11 25H2 ISO images, originally scheduled for this week, now adjusted to "coming soon," without specifying the exact delay period.

Previous reports confirmed that Microsoft's Windows 11 25H2 will share the same service branch as 24H2, meaning the regular updates Microsoft pushes to 25H2 monthly will be identical to the 24H2 version.

Palantir ranked sixth, falling 1.94% with $12.399 billion in trading volume. Palantir has partnered with Lumen Technologies to introduce Palantir's Foundry and artificial intelligence (AI) platform to Lumen, helping the latter transform from a traditional telecommunications company to a next-generation technology infrastructure company.

Additionally, Palantir announced that its partnership with Lear will be extended for five years, further applying AI technology to manufacturing operations.

Palantir's tools will help Lumen streamline operations, optimize decision-making processes, and modernize systems.

Lumen Chief Technology and Product Officer Dave Ward stated: "As the cornerstone of the AI economy, Lumen strives to make its own operations intelligent and efficient, just like the network services we provide to customers. Partnering with Palantir enables us to leverage AI to accelerate modernization and provide customers with the networks and services they need in the AI era."

AMD ranked seventh, falling 6.58% for the fifth consecutive trading day, hitting a new low since July 22, with $11.851 billion in trading volume.

Alphabet Class A shares (GOOGL) ranked eighth, rising 1.16% with $10.887 billion in trading volume. The EU imposed a fine of nearly 3 billion euros ($3.5 billion) on Alphabet's Google and demanded that the tech giant stop favoring its own advertising technology services, ordering it to cease such practices.

Google immediately announced its intention to appeal. The company's Vice President of Regulatory Affairs Lee-Anne Mulholland called the move "imposing unreasonable fines and demanding changes that will harm thousands of European businesses, making it harder for them to profit."

US President Trump stated on social media that the EU is "actually taking money that should flow to US investment and employment," adding "This doesn't include numerous other fines and taxes imposed on Google and other US tech companies. It's too unfair, and US taxpayers will not tolerate it! As I said before, my administration will not allow these discriminatory practices to exist."

Lululemon Athletica ranked eleventh, falling 18.58% with $6.22 billion in trading volume. The company again lowered its full-year performance guidance, causing a sharp stock decline.

Performance-wise, the company achieved revenue of $2.525 billion in the second fiscal quarter, up 6.5% year-over-year but below expectations; operating profit was $524 million, down 3% year-over-year; net profit reached $371 million, down 5.6% year-over-year. Diluted earnings per share were $3.1, up 1.59% year-over-year, exceeding expectations.

In the first half, net revenue reached $4.896 billion, up 6.9% year-over-year; net profit was $685 million, down 4.04% year-over-year.

Strategy ranked fourteenth, rising 2.53% with $4.509 billion in trading volume. Strategy's strategy to become a Bitcoin treasury is showing results—the company has become a potential candidate for the S&P 500 index. Under current rules, last quarter's $14 billion in unrealized gains at least theoretically meets the index's profitability requirements.

Although the current probability of inclusion may not be high, analysis by Stephens shows that if successfully included, passive funds tracking the index would be forced to purchase nearly 50 million shares (worth approximately $16 billion at current prices).

OpenTable ranked sixteenth, rising 11.58% with $3.654 billion in trading volume.

Oracle ranked nineteenth, rising 4.39% with $3.518 billion in trading volume. US President Trump stated before Friday's market open that Oracle is a remarkable company.