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Morning report: Mask's high compensation, next step is legal battle. The European Commission may initiate corrective procedures against Apple for digital law violations.

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moomooニュース米国株 wrote a column · Jun 16 18:06
Morning report: Mask's high compensation, next step is legal battle. The European Commission may initiate corrective procedures against Apple for digital law vi...
Good morning to all moomoo users!Here are the key points for this morning's report.
Expected range of the Tokyo stock market: 8,400 to 8,800 yen (closing price on the 14th: 8,814.56 yen).
Mixed results for US stocks, with Nasdaq reaching a new record high.
Tesla, the next court battle over CEO compensation
Apple, EU to proceed with corrective procedures for violation of digital laws according to reports
Hot stocks in US stocks on the 14th: adobe rises
US CPI is good news, but further evidence is needed according to the President of the Chicago Federal Reserve
- Moomoo News Mark
Market Overview
In the US stock market on the 14th, the Dow Jones Industrial Average fell 57.94 cents, a decrease of 0.03% from the previous trading day to $85.1616. The Nasdaq Composite Index was 21.322 points higher at 7,688.882. In the Tokyo stock market on the 17th, it is highly likely that the Nikkei Stock Average will fall as it is pushed down by selling pressure amid conflicting views on market strength.
Top News
The US stocks are mixed, with the NASDAQ hitting a new high.
The US stock market on the 14th is mixed. The Dow Average fell for the fourth day in a row, the S&P 500 fell slightly for the first time in five business days. On the other hand, the NASDAQ Composite Index continued its fifth consecutive gain and reached a new all-time high.
Tesla is heading to a courtroom battle over CEO compensation.
The US electric vehicle (EV) giant $Tesla (TSLA.US)$Tesla obtained shareholder approval for CEO Elon Musk's enormous compensation package, but now they need to realize the payment. Musk and Tesla have been embroiled in a court battle over a stock compensation plan that was initially approved in 2018. The recent announcement of the shareholder vote will also be contested in court.
Apple faces possible corrective actions from the EU for violating digital laws.
The European Commission, the executive body of the European Union, is preparing to initiate corrective actions against Apple for impeding competition in the mobile app distribution service, the App Store, based on the Digital Markets Act (DMA). This was reported by the Financial Times, citing sources familiar with the EU's investigation. $Apple (AAPL.US)$The European Union is reportedly starting the procedure to correct Broadcom's violation of digital market laws.
Hot stock news: Adobe rose.
On the 14th, Adobe stock closed at $525.31, up 14.51% for the day. The company's stock outperformed its peers.
Related Articles
Broadcom emerges as Nvidia's rival? Adobe, with a 10% surge in good earnings, is still clearly lagging behind.
[MW] US CPI is positive news, but further evidence is needed = Chicago Fed President
On the 14th, Austin Goolsbee, President of the Chicago Fed, stated that the slowdown in the rate of inflation in May is a significant step in the right direction, but further deceleration in the pace of price increases is needed to support a rate cut.Inflationetc.
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Key Market Events
Morning report: Mask's high compensation, next step is legal battle. The European Commission may initiate corrective procedures against Apple for digital law vi...
Source: Dow Jones, MINKABU, Wealth Advisor
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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  • QUADRIFOGLIO : It seems that “the forecast for Japanese stocks to rise” was written in the column on the evening of the 14th...[undefined]
    Well, if it rises by this weekend, it's probably as expected...[undefined]

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