The opening ceremony of the Apple Worldwide Developers Conference (WWDC), which was highly anticipated by investors, started on Monday, with its annual five-day conference running through to Friday, June 14. On Monday, Apple CEO Cook announced the "Apple Intelligence" feature, which integrates AI language models into a wide range of Apple devices, including iPhone, iPad, and Mac. Users can use AI to write articles and check and proofread content in various situations, and can even allow AI to generate images when sending messages. Apple also announced a partnership with OpenAI to integrate the latter's ChatGPT.$NVIDIA (NVDA.US)$Up 0.62%, with a turnover of $34.906 billion. According to sources cited by the media, French regulators will bring an antitrust lawsuit against Nvidia, making it the first enforcement agency in the world to take antitrust action against the company.

Affected by the news, Nvidia fell nearly 4% on Monday morning but gradually recovered all the lost ground and turned higher.

As early as the end of September last year, there were media reports that the French competition watchdog had raided Nvidia's office in the country on the grounds that the chip giant was suspected of engaging in anti-competitive behavior. French regulators confirmed the raid at the time, but did not disclose what behavior was being investigated or which company was being targeted, only that it belonged to the graphics card industry.

However, in November last year, Nvidia confirmed that France was investigating its commercial activities. In addition, the US, UK, and EU are also reviewing Nvidia's business.

It is reported that the European Commission is informally gathering opinions to determine whether Nvidia has violated antitrust regulations, but has not yet launched a formal investigation. At the same time, the US Department of Justice is said to be leading the investigation into Nvidia.

Morgan Stanley raised Nvidia's target price from $116.00 to $144.00.

The second.$Tesla (TSLA.US)$Up by 6.05%, with a turnover of 28.341 billion USD, hitting a new high in over 5 months. According to Tesla China's Weibo on July 1st, July will provide "triple benefits" for consumers who purchase cars: Firstly, a maximum 5-year 0-interest and low-interest car purchase policy for the Model 3/Y standard range version, with a minimum daily supply of 85 yuan; secondly, a maximum of 5 years 0-interest and low-interest car purchase preferential policy for Model 3/Y long-range full-drive version, with a minimum daily supply of 107 yuan; thirdly, a limited-time low-interest annual fee rate in July starting from 0.5% (equivalent to an annualized interest rate of 0.93%).

It is understood that in this promotional activity, a down payment of 79,900 yuan can choose the "5-year zero interest" plan: Model 3 RWD lowest daily supply is 85 yuan, the long-range all-wheel drive version is from 107 yuan; Model Y RWD is as low as 95 yuan per day, and the long-range all-wheel drive version is as low as 118 yuan per day. Compared with the standard annual interest rate of 2.5% before, the interest on Model Y can be saved up to more than RMB 26,000.

The third.$Apple (AAPL.US)$Up 2.91%, with a turnover of $13.011 billion. The latest data from the China Academy of Information and Communications Technology shows that China's domestic market shipped 28.6 million smartphones in May, up 13.5% year-on-year. According to the data, the growth rate of foreign brands is nearly four times that of this number, with Apple phones occupying the vast majority.

In addition, Mark Gurman, a well-known Apple leaker, revealed that Apple will announce a collaboration with Alphabet's Google on the large-scale Gemini model this fall, when the Gemini model is expected to be integrated into Apple's Apple Intelligence. Gurman also reiterated that Apple's potential collaboration with AI startup Anthropic is also under consideration.

Brokerage Oppenheimer raised Apple's target price from $200 to $250 and maintained an "outperform the market" rating.

Ranked fourth.$Amazon (AMZN.US)$Up 2.04%, with a turnover of $8.072 billion. Amazon reportedly plans to invest more than $100 billion in building data centers over the next 10 years. According to data from market research firm Dell'Oro Group, Amazon's data center capital expenditures (including leases) accounted for more than half (53%) of total capital expenditures last year, reaching a new high in nearly a decade.

Needham analyst Laura Martin maintains a buy rating on Amazon with a target price of $205.

The fifth.$Microsoft (MSFT.US)$Up 2.19%, with a turnover of $8.009 billion. The EU's antitrust regulator said it is preparing to re-examine Microsoft's collaboration with OpenAI and seek further regulatory scrutiny of Google's and Samsung's deals in the field of artificial intelligence.

EU Competition Commissioner Margrethe Vestager said she was preparing to ask competitors about the exclusive use of Microsoft's cloud technology by OpenAI. In March of this year, she sent questionnaires to Microsoft, Google, Meta and other large technology companies that collaborated on AI. "We have reviewed the responses and are now sending follow-up requests for information on agreements between Microsoft and OpenAI to see if any exclusive clauses would have a negative impact on competitors."

The sixth.$Advanced Micro Devices (AMD.US)$Down 2.79%, with a turnover of $7.882 billion. According to industry sources, the release date of the AMD Ryzen AI 300 series mobile processor, codenamed Strix Point, has been pushed back from July 15th to July 28th.

Ranked ninth.$Meta Platforms (META.US)$Up 0.09%, with a turnover of $5.176 billion. The European Union is set to charge Facebook parent company Meta Platforms with violating the bloc's digital regulatory rules. The latest investigation into violations is related to the company's "pay or accept" model for advertising.

Last year, Meta launched an ad-free paid subscription service for its social media platforms Facebook and Instagram in Europe to comply with ever-changing European regulatory rules, allowing users to opt-out of data tracking technology used by the company for advertising purposes. Meanwhile, users who agree to be tracked will receive a free service.

Ranked tenth.$Nike (NKE.US)$Up 1.94%, partly recovering from last Friday's huge drop of about 20%, with a turnover of $3.364 billion. Nike (NKE) issued a warning after Thursday's close, saying it expected revenue to decline more than previously projected over the next year.

Nike expects revenue to decline in mid-single digits in 2025, with Q1 expected to decline 10%. This forecast is in stark contrast to Nike's initial expectations for overall sales growth in 2025. The guidance also reflects the continued trend in Nike's fourth quarter of fiscal 2024, which was released after Thursday's close. The earnings showed that fourth-quarter revenue fell 2% from the same period last year to $12.61 billion, below Wall Street's expectations of $12.86 billion. Although earnings per share reached $0.99, exceeding analysts' expectations of $0.66, Nike's direct sales to consumers fell 8% year-on-year to $5.1 billion.

The 12th.$Alphabet-A (GOOGL.US)$Up 0.46%, with a turnover of $2.924 billion. Google will require disclosure of digitally altered content in election ads.

Ranked 14th.$UnitedHealth (UNH.US)$Fell by 2.87%, with a turnover of 2.259 billion US dollars. On June 27, after market trading in the US, President Biden and former President Trump had a televised debate lasting about 90 minutes. Ben Hendrix, an analyst at Royal Bank of Canada, said that Biden performed poorly on the scene and expected the market's confidence in the managed medical/healthcare industry to be even stronger. If Trump returns to the White House, the healthcare industry is expected to have a more friendly regulatory environment, which means that the Federal Trade Commission (FTC) or the US Department of Justice's scrutiny of vertical integration strategies will be relaxed or even cancelled, which is estimated to be particularly bullish for UnitedHealth.

Ranking 20th$Coinbase (COIN.US)$Rose by 5.01%, with a turnover of 1.789 billion US dollars. The company announced on Monday that it will provide cryptocurrency custody services to the US Marshals Service.

Edited by Jeffrey