00:00All right, now let's break down what's happening in the U.S. market.
00:03We're going to start with one of the biggest sectors within the S&P 500,
00:06which every sector and industry represent the market cap.
00:10For Microsoft, it's up by 0.22%,
00:12and one of the biggest sectors within the semiconductor is NVIDIA, up by 2.79%.
00:18But we can see the opposite performance for Google is down by 1.69%,
00:23and the latest update on Alphabet's Google has hired Donald Verily Jr.,
00:28the U.S. Solicitor General during the Barack Obama administration
00:32to appeal a judge ruling that the tech titan has an unlawful monopoly in online search,
00:38Google confirmed on Tuesday.
00:39Verily, Verily, highest is a key first step in Google's legal fight to undo the ruling,
00:45which it has said could pose a threat to its business.
00:47U.S. District Judge, Amid Mehta last year, ruled Google holds an unlawful monopoly in online search
00:54and related advertising and is considering proposals to make the tech titan sell
00:59of its popular Chrome browser of shared data that CEO Sundar Pichai sits
01:04would allow competitors reverse engineer its search engine.
01:08Google has argued the U.S. Justice Department failed to prove that competition
01:12was harmed by its exclusive agreements with device makers such as Apple
01:17to preload Google as the default search engine on new devices.
01:22And that is the update for Google.
01:23For Meta, it's also following the Google performance down by 0.60%,
01:28and the latest update on Meta is Platforms on Tuesday said it has struck an agreement
01:33with Constellation Energy to keep one of the utility's reactors in Illinois operating
01:39for 20 years in the big tech company's first such deal with a nuclear power plant.
01:43Big tech companies are looking to secure electricity as U.S. power demand rises
01:48for the first time in two decades on demand from artificial intelligence and data centers.
01:54The deal will help keep open Constellation's Clinton Clean Energy Center,
01:58which may have been forced to shut after the expiry in 2027
02:01of an Illinois ratepayer-funded zero-emissions credit program
02:05that awards benefits for generation of power virtually free of carbon emissions.
02:11It depends on the U.S. Nuclear Regulatory Commission renewing the plant's license
02:16after Constellation's last year applied to renew its true 2047.
02:21And also we have update for Amazon.
02:23Internet retail is down by 0.46%,
02:26and the automotive update for Tesla is up by 0.46%.
02:31And that is the update within the U.S. market as the 4th June 2025.
02:35Mm-hmm.
02:55Mm-hmm.
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