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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 US stock market.
00:03And behind me is the Standard & Poor's 500 Index stocks categorized by sectors and also industries.
00:08And size presents market cap.
00:10And behind me you can see there's a lot of mix of green and red, where green means gains and red means losses.
00:17And I'm going to start with NVIDIA.
00:19NVIDIA right now shows green color which was increased and also up by 0.75%.
00:24And the current stock price is $164.10 and that is under technology semiconductors.
00:31But the latest updates on NVIDIA, where NVIDIA's CEO Jensen Huang will meet US President Donald Trump at the White House on Thursday,
00:39a day before the cheap designers had plans to visit China.
00:43The meeting with Trump comes as NVIDIA's market value closed above $4 trillion for the first time on Thursday,
00:49cementing its status as one of Wall Street's most sought-after stocks.
00:53Huang has criticized the export restrictions the Trump administration imposed in April
00:58that stopped NVIDIA from selling its H2O chip made for the China market, which he called a springboard to global success.
01:05The export curbs cost the artificial intelligence chipmaker $2.5 billion in sales during the first quarter
01:12and NVIDIA expects a sales hit of $8 billion in the second quarter.
01:17Huang told Xenang in June that NVIDIA would no longer include the China market in its revenue and profit forecast
01:23after the stringent US trade restrictions on cheap sales to the region.
01:27Alright, that's NVIDIA, but moving on to Apple.
01:30Apple right now shows green color as well, but it was up by 0.60%, and the current stock price is $212.41,
01:38and that's under technology consumer electronics.
01:40But the latest updates on Apple, where Apple, Visa and also MasterCard have persuaded a US judge
01:46to dismiss a lawsuit accusing them of conspiring to suppress competition in the payments network market
01:53and causing merchants to pay inflated transaction fees.
01:56US District Judge David Duggan in Illinois ruled on Wednesday that the merchants had no provided enough evidence
02:03to support their claim that Apple illegally declined to launch a competing payment network to rival Visa and MasterCard.
02:09Duggan found that the plaintiffs offered only a slew of circumstantial allegations
02:14but allowed them to amend their lawsuit to strengthen their claims.
02:18The defendants had denied any wrongdoing and urged Duggan to dismiss the lawsuit.
02:22Apple launched its Apple Pay feature in 2014 as a mobile payment service,
02:26allowing iPhone users to store payment card information and make purchases at businesses where the platform is accepted.
02:34Moving on to Tesla, Tesla also shows green color as well, which was upped for a significant number by 4.73%,
02:43and the current stock price is $309.87, and this is under auto manufacturers,
02:49where Tesla will expand its robo-taxi service to the San Francisco Bay Area in a month or two,
02:55depending on regulatory approvals, CEO Elon Musk said on Wednesday.
02:58And Tesla last month rolled out a test of the long-promised service in a limited area of Austin, Texas,
03:05with about a dozen vehicles, a select group of passengers, and many restrictions,
03:10including a safety monitor in the front passenger seat.
03:13Meanwhile, Grok AI will be available in Tesla vehicles next week,
03:18as the latest, the EV makers CEO Elon Musk said in a post on X Thursday.
03:22Musk's AI startup XAI launched Grok 4, its latest flagship AI model on Wednesday.
03:29While Musk had earlier said Tesla vehicles would be equipped with Grok,
03:34the billionaire CEO had not shared a timeline.
03:39All right, that's the latest updates on US market.
03:42We'll be bringing more updates next week.
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