00:00All right, now let's take a look at the U.S. market heat map, which provides a visual snapshot of
00:05the S&P 500 stocks across different sectors and industries.
00:10On this map, the size of each box represents the company's market capitalizations, meaning the larger the box, the bigger
00:17the market's capitalization.
00:19The stocks are grouped by sectors, giving investors a quick overview of market sentiment and helps identify which sectors and
00:26companies are leading the market and which ones are under pressure.
00:31Green means gain and trading is higher, whereas red indicate losses and trading lower.
00:36And I'm going to start with one of the updates with advanced micro devices.
00:40And as of this morning, we are seeing it's trading at a lower pace with 7.04%.
00:48And the recent news on advanced micro devices, shares tumble on Wednesday as the chipmaker's revenue forecast failed to impress
00:57investors,
00:58seeking clearer signs that a multi-billion dollar AI spending boom will translate into faster growth.
01:04Shares were last down 6.6% at $482.33, set to raise close to $59 billion from the company's
01:14market value.
01:15Advanced measured AMD stock was also hit by SpaceX CEO Elon Musk's decision to build the company's computing infrastructure exclusively
01:26with rival NVIDIA's chips.
01:29Shares of the AI for Bellwether gained 3.2% in early trading.
01:33AMD's decline lays bare the elevated expectation from the company, which signed deals last month with Entropic and Core Scientific
01:42to with high-profile customers and close the gap on NVIDIA and Intel.
01:47And next, we're going to take a look on the Google.
01:49Google is also following a footstep of advanced chips, which down as of this morning by 5.03%.
01:57And the recent news on Google parent company Alphabet on Wednesday announced a leadership overhaul of its AI division,
02:06with AI chief Demis Hassabis leaving his main manager role and several leaders of its Germany model,
02:13including veteran engineer Jeff Dean departing the company.
02:18The shake-up comes during a pivotal juncture for Google DeepMind.
02:23The flagship version of its latest Germany model remains unreleased despite a planned June launch,
02:30sparking investors and industry concerns that Google is failing behind its rival Entropic and OpenAI,
02:37each of which scooped up a star Google AI staffer this summer.
02:40and shares of Alphabet fell 4% after the news.
02:44Hassabis, a Nobel Prize recipient, will take the newly created title of Alphabet's chief scientist
02:51and transition from being Google DeepMind's CEO to being its chairman, he said in a memo to staff.
02:58And I'm going to take a look at Meta before we take a look at what it's trading right now.
03:04We take a look at the recent updates.
03:06With Meta Platform, Chief Global Affairs Officer Joel Kaplan apologised to India's Information Technology Minister
03:14for briefly restricting a post by Prime Minister Narendra Modi in July, he said in a statement on Wednesday.
03:21Last month, India's Information and Technology Ministry summoned Meta Executive after Facebook briefly restricted a post by Modi.
03:30Meta said the post had been blocked inadvertently because of an operational error.
03:35Police in the southern India city of Hyderabad also registered a case against Meta.
03:41India had Arun Srinivas over videos posted on Facebook that allegedly depicted Modi in an abusive manner.
03:51And Meta, we can see for this morning the opposite of Google, is up a little bit by 0.14%.
03:57And please stay tuned with us as we bring more Awani international updates,
04:01especially what is happening in the U.S. market.
04:04Are they trading higher or lower?
04:05And what are the recent updates regarding the 500 stocks within the U.S. markets?
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