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00:00The Nasdaq rose 1% and the S&P 500 also ended higher on Wednesday as Alphabet jumped after a U.S. judge ruled against breaking up the Google parent
00:09and as investors were optimistic that the Federal Reserve would cut interest rates this month.
00:15The Dow finished slightly lower with shares of bowing down 2.1%.
00:19Alphabet and Apple gave the S&P 500 and Nasdaq their biggest boost.
00:23Let's go in-depth with the recent updates on Apple and Google.
00:26As we can see from the S&P 500 website here, we're going to take a look at the U.S. market
00:32and every stock categorized by sector in the industry, we can see the size represents all the market cap.
00:39We're going to start with Apple also. Apple as of this morning is up by 3.81%.
00:45As we can see, the update for Apple as of this morning is greener than most of the other sectors within the S&P 500 currently.
00:53And for the Apple, we can say that it's not only Apple, but also Google is also up by 9.02%,
01:01almost achieving two growth digits as of 4th September.
01:05And the latest and the recent updates about Google and Apple is Google won't have to sell its Chrome browser,
01:11a judge in Washington state on Tuesday, handing a rare with two big tech in its battle with U.S. antitrust enforcers,
01:18by ordering Google to share data with rivals to open up competition in online search.
01:23Google parent Alphabet's shares were up to 7.2% in extended trading on Tuesday as investors share the judge ruling,
01:31which also allows Google to keep making lucrative payments to Apple that antitrust enforcers said flows out search rivals.
01:38Apple's shares rose 3%.
01:40Make sense of the latest ESG trends affecting companies and governments, U.S. district judge.
01:45Amit Mehta also ruled Google could keep its Android operating system,
01:50which together with Chrome helped drive Google's market-dominating online advertising business.
01:56The ruling results from a five-year legal battle between one of the world's most profitable companies
02:01and the U.S. were where antitrust regulators and lawmakers have long questioned big tech's market domination.
02:08Mehta ruled last year that Google holds an illegal monopoly in online search and related advertising.
02:15But the judge approached the job of imposing remedies on Google with humility, he wrote,
02:20pointing to competition created by artificial intelligence companies since the case began.
02:25Google faces a major threat from increasingly popular AI tools, including OpenAI's popular ChatGBT chatbox,
02:32which are already eroding Google's dominance.
02:35If allowed to access the data Google is required to share, AI companies could bolster their developments in chatbox,
02:42and in some cases, AI search engines and web browser.
02:47And as of this morning, we can see this is the recent updates about Google and Apple as of this morning.
02:52And we're going to move on to semiconductor updates, especially NVIDIA.
02:56First came the theft, then the epic PowerPoint fail.
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