Magnificient 7: Google Wins $14.9 Billion Antitrust Battle

1. Apple (Nasdaq: AAPL)
Apple gained mildly by 1.80%. Apple's newly released iPhone 16 sparked demand debates despite delays; Morgan Stanley advises ignoring noise. Apple secured TSMC's 2nm first production and plans the iPhone 17 Pro series launch. iOS 18 updates include slow charger warnings to extend battery life.

2. Alphabet (Nasdaq: GOOG)
Alphabet gained mildly by 0.33%. Google's $14.9 billion antitrust fine by the EU was overturned by the EU General Court, siding with Google's challenge. The ruling partially reversed the 2019 decision, marking a significant legal victory for Google in its ongoing antitrust battles.

3. Meta (Nasdaq: META)
Meta gained mildly by 0.30%. Meta Platforms plans to buy up to 3.9 million carbon offset credits from BTG Pactual's forestry unit by 2038. The company also faces potential EU fines for allegedly monopolizing the classifieds market by linking its services. Meta banned Russian state media from its platforms.

4. Amazon (Nasdaq: AMZN)
Amazon dipped mildly by -0.24%. Amazon announced a wage increase for warehouse workers, raising hourly pay by at least $1.5 and including Prime membership benefits, targeting an average wage of over $22 per hour. Amazon also plans a new in-office policy starting January 2, 2025, causing employee dissatisfaction.

5. Tesla (Nasdaq: TSLA)
Tesla dipped mildly by -0.29%. Tesla will allow GM electric vehicles to access its Supercharger network using adapters. Tesla's FSD feature is anticipated in China by year-end, as test buttons appear on vehicle interfaces.

6. Microsoft (Nasdaq: MSFT)
Microsoft dipped mildly by -1.00%. Microsoft, in partnership with BlackRock and others, launched a $30 billion AI investment fund focusing on data centers and AI infrastructure. Additionally, Microsoft released Office LTSC 2024 for commercial and government clients, lacking AI and cloud features present in Microsoft 365.

7. Nvidia (Nasdaq: NVDA)
Nvidia dipped mildly by -1.92%. Nvidia's CEO sold nearly 6 million shares worth about $700 million over three months. Nvidia plans to acquire OctoAI for $165 million to enhance AI software efficiency. William Blair initiated coverage on Nvidia with an "Outperform" rating.