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  • 6 months ago
MarketWatch provides a comprehensive overview of the S&P 500 Index, covering the latest stock market news, trading data, and market movement analysis, with stocks categorized by sector and industry to help investors understand performance trends and market capitalization strength.
Transcript
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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