These Stocks Are Moving the Most Today: Tesla, CoreWeave, Nvidia, Charles Schwab, nCino, Meta, and More

 

On April 2, 2025, several prominent stocks experienced notable movements influenced by a combination of company-specific developments and broader market factors. Here's an overview of the day's most significant stock performances:​

Tesla (TSLA): Tesla's shares declined by 2.6% as the company prepared to release its first-quarter delivery figures. Analysts adjusted their delivery expectations downward to approximately 380,000 vehicles, a decrease from earlier estimates of around 470,000. This revision is attributed to concerns over CEO Elon Musk's political activities potentially deterring certain buyers and an anticipated sales gap due to the updated Model Y. ​

CoreWeave (CRWV): CoreWeave's stock fell by 1.3% in premarket trading, continuing its volatility following a recent trading debut. The company, which filed for an IPO in March 2025 with plans to list on the Nasdaq under the symbol "CRWV," had previously closed a $650 million secondary share sale in November 2024, raising its valuation to $23 billion. ​

Nvidia (NVDA): Shares of Nvidia decreased by 1.7% in premarket trading amid broader concerns about the semiconductor industry's exposure to potential tariffs. Other chip stocks, including ARM and Micron Technology, experienced similar declines. ​

Charles Schwab (SCHW): Charles Schwab's stock rose by 1.5% following an upgrade by Citi. The financial services firm's positive performance contrasted with the broader market's downward trend. ​

nCino (NCNO): nCino's shares tumbled by 34% after the company reported lower-than-expected earnings and provided guidance that fell short of analyst expectations. ​

Meta Platforms (META): Meta's stock declined by 0.9% following the resignation of its AI research head, Joelle Pineau. This leadership change raised concerns about the company's future direction in artificial intelligence research. 

Newsmax (NMAX): Newsmax shares slid 20%, continuing a volatile first week of trading. ​

The broader market faced downward pressure as investors awaited President Donald Trump's announcement of new tariffs, expected to significantly impact global trade. Major indices, including the S&P 500, Nasdaq, and Dow, saw declines in futures trading.