$Apple (AAPL.US)$ Top 20 turnover | Apple stops providing cu...
Top 20 turnover | Apple stops providing customer support on social media such as X; the UK will push for antitrust investigations against Amazon and Microsoft
Global Market Report· 07:259 minutes
Nvidia (NVDA.US)
435.170
431.380
-2.82%
-0.87% night trading
Microsoft (MSFT.US)
313.390
312.380
-2.61%
-0.32% night trading
Amazon (AMZN.US)
124.720
124.550
-3.66%
-0.14% Night Trading
Tesla (TSLA.US)
246.530
245.300
-2.02%
-0.50% Night trading
Apple (AAPL.US)
172.400
171.000
-0.78%
-0.81% night trading
Tesla, number one in US stock turnover, closed down 2.02% on Tuesday, trading US$25.198 billion. Nvidia, which ranked second, closed down 2.82% and traded US$20.69 billion. Apple, which ranked third, closed down 0.78%, with a transaction of US$8.521 billion.
No. 1 in US stock turnover on Tuesday$Tesla (TSLA.US) $It closed down 2.02% and traded US$25.198 billion. On October 2, Tesla released its production and delivery report for the third quarter of 2023. In the third quarter, Tesla produced a total of 430,500 electric vehicles worldwide and delivered 435,000 vehicles, an increase of about 18% and 27%, respectively, and a year-on-year decrease of 10.3% and 6.7%, respectively. The market estimated production and sales volumes for the third quarter were 462,000 units and 456,700 units, respectively. Actual production and sales volume fell short of market expectations.
Tesla's 2023 delivery target remains unchanged at around 1.8 million vehicles. In the first three quarters of 2023, Tesla delivered more than 1,324 million vehicles globally, with an annual target completion rate of 73.56%, exceeding the total of 1.314 million vehicles delivered in 2022.
J.P. Morgan raised Tesla's price target from $120 to $135.
2nd place$ INVEDA (NVDA.US) $It closed down 2.82% and traded US$20.69 billion. Famous investor Cathy Wood's Ark Investment Management Company further reduced its holdings of Nvidia on Monday, sold 8,983 Nvidia shares through its Ark Genomic Revolution ETF (ARKG), and cashed out nearly $4 million. Wood said in an interview last week that Nvidia shares are “really expensive, and very obvious.” She believes there are better bets to profit from the exponential growth of artificial intelligence compared to Nvidia, and cites two examples, UiPath and Twilio.
3rd place$Apple (AAPL.US) $It closed down 0.78% and traded US$8.521 billion. Apple has stopped providing customer support on Musk's social media platform X, which has raised questions about whether iPhone users can get quick help.
In August of this year, it was reported that Apple plans to cut about 150 social media support consultant positions. The shift went into effect earlier this week, and Apple support accounts on the X platform now provide automated responses to all customer inquiries. When users try to send a message directly to this account, they will receive instructions to visit the general support page on Apple's official website.
4th place$Microsoft (MSFT.US) $It closed down 2.61% and traded $6.604 billion. On Tuesday, it was reported that British media regulator Ofcom will push for an antitrust investigation into the dominant position of Amazon and Microsoft in the UK cloud computing market this week. The total market share of Amazon and Microsoft is as high as 60-70%, and their closest competitor, Google, a subsidiary of Alphabet, has a market share of about 10%.
The agency said in a report earlier this year that technology restrictions and discounts encourage customers to continue using a single vendor for all needs, even if there are better alternatives, which could be viewed as anti-competitive behavior. The regulator previously said it had considered submitting this market to the UK competition regulator CMA for investigation.
What the above news relates to$Amazon (AMZN.US) $It closed down 3.66% and traded US$6.464 billion, ranking 5th in US stock turnover on Tuesday. Amazon is reportedly developing an AI-powered chatbot that allows users to search its e-commerce site using the bot. Currently, the chatbot is undergoing internal testing and could be launched as soon as January next year.
The project's internal code name is “Project Nile,” and it is hoped to add a layer of artificial intelligence to Amazon's existing search bar to enable instant product comparison, allow users to ask more specific questions, and give more accurate recommendations based on search context and personal shopping data.
6th place$ Meta Platforms (META.US) $It closed down 1.92% and traded $5.234 billion. Two people familiar with the matter said on Tuesday that Meta Platforms is seeking to launch ad-free subscription plans for Instagram and Facebook users in Europe. One of the people familiar with the matter said they discussed several pricing options, but the €10/month ($10.49) plan was the most viable, while another said the plan would be implemented over the next few months. On mobile devices, the price will jump to around €13 per month as Meta will consider commissions charged by Apple and the Google App Store for in-app payments.
According to information, this proposal is a step for Meta to circumvent EU regulations. These regulations may limit Meta's ability to show users targeted advertisements to individuals without their consent. This move is detrimental to Meta's main source of revenue. The choice between a free, ad-supported plan and a paid subscription could allow users to choose the former to help Meta comply with regulations without affecting its advertising business.
7th place$American Ultra Micro (AMD.US) $It closed down 3.09% and traded US$4.851 billion.
9th place$奈飞(NFLX.US)$It closed down 0.94% and traded US$3.388 billion. Netflix is planning to raise the price of its ad-free service after the Hollywood actor strike is over. Netflix is discussing increasing prices in several markets around the world, but it is likely that it will start in the US and Canada. There is currently no way to know how much the price increase will be or when the new price will take effect.
10th place$ GOOGLE-A (GOOGL.US) $It closed down 1.3% and traded $3,049 billion. 11th$ GOOGLE -C (GOOG.US) $It fell 1.38% and traded US$2,619 million. On Monday EST, Microsoft CEO Satya Nadella said that tech giants are all competing for the massive amount of content needed to train artificial intelligence, and that Google's practice of locking in content by signing high-priced exclusive agreements with publishers has left them quite dissatisfied.
Nadella testified in an important trial against Google. This was the first major antitrust case since the US government sued Microsoft in 1998. Nadella testified that tech giants are all scrambling to build content libraries to train their own big language models. “This reminds me of the early days of distribution agreements.”
13TH PLACE$Lilly (LLY.US) $It closed down 2.43% and traded US$1,709 million. Eli Lilly will acquire Point Biopharma Pharmaceuticals for approximately $1.4 billion by the end of 2023, and the transaction is expected to be completed by the end of 2023.
Established in 2019, Point Biopharma focuses on the development and commercialization of next-generation radiopharmaceuticals for cancer treatment. The company also has a large-scale radioactive ligand manufacturing park and a radioactive ligand research and development platform. With the acquisition of Point Biopharma, Eli Lilly hopes to expand its oncology business to the next generation of radioligand therapies.
14TH PLACE$Intel (INTC.US) $It closed 0.65% higher and traded $1,622 million. Intel Corporation announced that it will form a Programmable Solutions Group and operate as an independent entity.
15th place$Bank of America (BAC.US) $It closed down 2.96% and traded $1.62 billion. The US banking sector was generally lower on Tuesday.
19th$Boeing (BA.US) $It closed 0.58% higher and traded $1,387 million. Allegedly, on Tuesday local time, United Airlines will announce an order for 50 787 Dreamliners from Boeing. Wells Fargo lowered Boeing's target price from $270 to $230, maintaining the “increase in holdings” rating. The bank lowered Boeing's 2024 free cash flow target to $6 billion, which is about $1 billion lower than the previous forecast. The reason is that the outlook for 737 production and 777X development costs is more conservative.
Furthermore, according to two people familiar with the matter, Boeing plans to increase production of its best-selling 737 narrowbody airliner to a record level of at least 57 airliners per month in July 2025, which reflects the increase in orders and the company's recovery after the 737 MAX crisis.
This goal will reach what the aircraft manufacturer did not achieve a few years ago. In 2019, the 737 MAX series was grounded worldwide due to two fatal plane crashes
Global Market Report· 07:259 minutes
Nvidia (NVDA.US)
435.170
431.380
-2.82%
-0.87% night trading
Microsoft (MSFT.US)
313.390
312.380
-2.61%
-0.32% night trading
Amazon (AMZN.US)
124.720
124.550
-3.66%
-0.14% Night Trading
Tesla (TSLA.US)
246.530
245.300
-2.02%
-0.50% Night trading
Apple (AAPL.US)
172.400
171.000
-0.78%
-0.81% night trading
Tesla, number one in US stock turnover, closed down 2.02% on Tuesday, trading US$25.198 billion. Nvidia, which ranked second, closed down 2.82% and traded US$20.69 billion. Apple, which ranked third, closed down 0.78%, with a transaction of US$8.521 billion.
No. 1 in US stock turnover on Tuesday$Tesla (TSLA.US) $It closed down 2.02% and traded US$25.198 billion. On October 2, Tesla released its production and delivery report for the third quarter of 2023. In the third quarter, Tesla produced a total of 430,500 electric vehicles worldwide and delivered 435,000 vehicles, an increase of about 18% and 27%, respectively, and a year-on-year decrease of 10.3% and 6.7%, respectively. The market estimated production and sales volumes for the third quarter were 462,000 units and 456,700 units, respectively. Actual production and sales volume fell short of market expectations.
Tesla's 2023 delivery target remains unchanged at around 1.8 million vehicles. In the first three quarters of 2023, Tesla delivered more than 1,324 million vehicles globally, with an annual target completion rate of 73.56%, exceeding the total of 1.314 million vehicles delivered in 2022.
J.P. Morgan raised Tesla's price target from $120 to $135.
2nd place$ INVEDA (NVDA.US) $It closed down 2.82% and traded US$20.69 billion. Famous investor Cathy Wood's Ark Investment Management Company further reduced its holdings of Nvidia on Monday, sold 8,983 Nvidia shares through its Ark Genomic Revolution ETF (ARKG), and cashed out nearly $4 million. Wood said in an interview last week that Nvidia shares are “really expensive, and very obvious.” She believes there are better bets to profit from the exponential growth of artificial intelligence compared to Nvidia, and cites two examples, UiPath and Twilio.
3rd place$Apple (AAPL.US) $It closed down 0.78% and traded US$8.521 billion. Apple has stopped providing customer support on Musk's social media platform X, which has raised questions about whether iPhone users can get quick help.
In August of this year, it was reported that Apple plans to cut about 150 social media support consultant positions. The shift went into effect earlier this week, and Apple support accounts on the X platform now provide automated responses to all customer inquiries. When users try to send a message directly to this account, they will receive instructions to visit the general support page on Apple's official website.
4th place$Microsoft (MSFT.US) $It closed down 2.61% and traded $6.604 billion. On Tuesday, it was reported that British media regulator Ofcom will push for an antitrust investigation into the dominant position of Amazon and Microsoft in the UK cloud computing market this week. The total market share of Amazon and Microsoft is as high as 60-70%, and their closest competitor, Google, a subsidiary of Alphabet, has a market share of about 10%.
The agency said in a report earlier this year that technology restrictions and discounts encourage customers to continue using a single vendor for all needs, even if there are better alternatives, which could be viewed as anti-competitive behavior. The regulator previously said it had considered submitting this market to the UK competition regulator CMA for investigation.
What the above news relates to$Amazon (AMZN.US) $It closed down 3.66% and traded US$6.464 billion, ranking 5th in US stock turnover on Tuesday. Amazon is reportedly developing an AI-powered chatbot that allows users to search its e-commerce site using the bot. Currently, the chatbot is undergoing internal testing and could be launched as soon as January next year.
The project's internal code name is “Project Nile,” and it is hoped to add a layer of artificial intelligence to Amazon's existing search bar to enable instant product comparison, allow users to ask more specific questions, and give more accurate recommendations based on search context and personal shopping data.
6th place$ Meta Platforms (META.US) $It closed down 1.92% and traded $5.234 billion. Two people familiar with the matter said on Tuesday that Meta Platforms is seeking to launch ad-free subscription plans for Instagram and Facebook users in Europe. One of the people familiar with the matter said they discussed several pricing options, but the €10/month ($10.49) plan was the most viable, while another said the plan would be implemented over the next few months. On mobile devices, the price will jump to around €13 per month as Meta will consider commissions charged by Apple and the Google App Store for in-app payments.
According to information, this proposal is a step for Meta to circumvent EU regulations. These regulations may limit Meta's ability to show users targeted advertisements to individuals without their consent. This move is detrimental to Meta's main source of revenue. The choice between a free, ad-supported plan and a paid subscription could allow users to choose the former to help Meta comply with regulations without affecting its advertising business.
7th place$American Ultra Micro (AMD.US) $It closed down 3.09% and traded US$4.851 billion.
9th place$奈飞(NFLX.US)$It closed down 0.94% and traded US$3.388 billion. Netflix is planning to raise the price of its ad-free service after the Hollywood actor strike is over. Netflix is discussing increasing prices in several markets around the world, but it is likely that it will start in the US and Canada. There is currently no way to know how much the price increase will be or when the new price will take effect.
10th place$ GOOGLE-A (GOOGL.US) $It closed down 1.3% and traded $3,049 billion. 11th$ GOOGLE -C (GOOG.US) $It fell 1.38% and traded US$2,619 million. On Monday EST, Microsoft CEO Satya Nadella said that tech giants are all competing for the massive amount of content needed to train artificial intelligence, and that Google's practice of locking in content by signing high-priced exclusive agreements with publishers has left them quite dissatisfied.
Nadella testified in an important trial against Google. This was the first major antitrust case since the US government sued Microsoft in 1998. Nadella testified that tech giants are all scrambling to build content libraries to train their own big language models. “This reminds me of the early days of distribution agreements.”
13TH PLACE$Lilly (LLY.US) $It closed down 2.43% and traded US$1,709 million. Eli Lilly will acquire Point Biopharma Pharmaceuticals for approximately $1.4 billion by the end of 2023, and the transaction is expected to be completed by the end of 2023.
Established in 2019, Point Biopharma focuses on the development and commercialization of next-generation radiopharmaceuticals for cancer treatment. The company also has a large-scale radioactive ligand manufacturing park and a radioactive ligand research and development platform. With the acquisition of Point Biopharma, Eli Lilly hopes to expand its oncology business to the next generation of radioligand therapies.
14TH PLACE$Intel (INTC.US) $It closed 0.65% higher and traded $1,622 million. Intel Corporation announced that it will form a Programmable Solutions Group and operate as an independent entity.
15th place$Bank of America (BAC.US) $It closed down 2.96% and traded $1.62 billion. The US banking sector was generally lower on Tuesday.
19th$Boeing (BA.US) $It closed 0.58% higher and traded $1,387 million. Allegedly, on Tuesday local time, United Airlines will announce an order for 50 787 Dreamliners from Boeing. Wells Fargo lowered Boeing's target price from $270 to $230, maintaining the “increase in holdings” rating. The bank lowered Boeing's 2024 free cash flow target to $6 billion, which is about $1 billion lower than the previous forecast. The reason is that the outlook for 737 production and 777X development costs is more conservative.
Furthermore, according to two people familiar with the matter, Boeing plans to increase production of its best-selling 737 narrowbody airliner to a record level of at least 57 airliners per month in July 2025, which reflects the increase in orders and the company's recovery after the 737 MAX crisis.
This goal will reach what the aircraft manufacturer did not achieve a few years ago. In 2019, the 737 MAX series was grounded worldwide due to two fatal plane crashes
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