Tesla ranked first in Wednesday's US stock trading volume, closing up 1.01% with $43.807 billion in trading volume. The National Highway Traffic Safety Administration (NHTSA) indicated that Tesla's FSD system experiences malfunctions at railway crossings.
The agency stated it has communicated with Tesla regarding this issue, saying "We are aware of these events and have been in communication with the manufacturer."
The statement further noted: "NHTSA regularly discusses various issues with manufacturers and prioritizes the safety of all road users. We will continue to analyze consumer complaints to determine whether there are potential vehicle safety defect trends. We will continue to enforce relevant laws against all motor vehicle and equipment manufacturers based on the Vehicle Safety Act and data-driven, risk-oriented investigation processes."
NVIDIA ranked second, falling 2.62% as the day's largest decliner among Dow components, with $35.854 billion in trading volume.
Palantir ranked third, declining 1.13% with $11.434 billion in trading volume. On Wednesday, an analyst published a research report warning that the stock's valuation was too high, stating "Given a P/E ratio slightly below 600x, it's not an exaggeration to say that Palantir's rubber band has been stretched to its limit. Its recent post-earnings rally indicates that despite being severely disconnected from fundamentals, there are actually limits to what market sentiment alone can drive."
Broadcom ranked fifth, falling 3.84% with $10.566 billion in trading volume. Lloyds Banking Group and Broadcom announced on September 17 that they will expand their long-term partnership based on a new multi-year agreement. In this new phase of cooperation, Lloyds Banking Group will deploy Broadcom's infrastructure software portfolio, including VMware Cloud Foundation and mainframe solutions. This move will help the group provide faster and more reliable digital services to 28 million individual and business customers across the UK.
Oracle ranked eighth, declining 1.71% with $8.257 billion in trading volume. Recent media reports indicated that Oracle conducted "massive layoffs" in its core MySQL database development team, raising concerns about the software's future.
OpenTable ranked eleventh, surging 14.46% with $6.921 billion in trading volume.
Alibaba ranked fifteenth, rising 2.44% to a 4-year high with $4.815 billion in trading volume. A research report noted that domestic AI chips are gradually becoming market favorites. Technology giants like Alibaba and Baidu are increasing their adaptation efforts and procurement proportion of domestic computing power, driving the domestic computing power chain through a Davis double-click effect. Alibaba revealed in its earnings conference call that it has prepared "backup plans" to address global AI chip supply and policy changes.
Uber ranked seventeenth, falling 4.99% with $4.11 billion in trading volume. Wednesday reports indicated that Uber's competitor Lyft will collaborate with Google's autonomous driving company Waymo for the first time to launch autonomous taxi services in Nashville next year. This partnership will strengthen Lyft's competition with Uber.
Notably, Uber had previously partnered with Waymo in June to officially launch autonomous taxi ride-hailing services in Atlanta.
PDD Holdings ranked twentieth, rising 4.49% with $3.243 billion in trading volume. A research report indicated that Chinese e-commerce app user stickiness remained healthy in August, increasing 13% year-over-year; platform merchant app daily active ratio (reflecting merchant onboarding and retention trends) remained generally stable. The firm is optimistic about PDD Holdings in the e-commerce sector, noting that its Temu platform's US GMV continues to recover with MAU (monthly active users) growing 20% month-over-month.