On Friday, the US stock market had the highest trading volume. The stock fell by 0.09%, with a turnover of USD 49.5 billion. The stock has risen more than 10% this week. According to media reports, the US federal regulatory agency has reached an agreement to allow antitrust investigations into Microsoft, OpenAI, and Nvidia's dominant position in the AI industry.$NVIDIA (NVDA.US)$It fell by 4.09%, with a turnover of 42.757 billion US dollars. Nvidia fell by 13.9% this week, marking the second consecutive week of decline. The U.S. Department of Commerce announced plans on Friday to implement new export controls on advanced technologies, including quantum computing and chip equipment. Analysts pointed out that these restrictions have made it more difficult for U.S. companies such as Nvidia and Intel to sell artificial intelligence (AI) chips.

The second.$Tesla (TSLA.US)$It fell by 8.45%, with a turnover of 24.539 billion US dollars. Tesla announced its FSD roadmap for entering China and Europe next year on Thursday. According to media reports, the Tesla AI team stated that the FSD system will be launched in China and Europe in the first quarter of next year, pending regulatory approval. Tesla's Chinese sources confirmed the news and indicated that they are currently awaiting regulatory approval. Analysts say that obtaining approval in China is easier than in Europe, given the collaboration with local partners.$Baidu (BIDU.US)$cooperation, obtaining approval in China is easier than in Europe.

Ranked third, up 0.71%, trading at $8.267 billion. According to media reports, the Apple iPhone 16 series has entered full-scale production, and Foxconn's Zhengzhou factory is expanding its workforce to meet production targets. The expected sales target for iPhone 16 series this year is 90 million units, with a hope to achieve 95 million units. $Apple (AAPL.US)$ Shares fell 0.70%, with a turnover of $10.732 billion. At 1 am Beijing time on September 10th, the company will hold a new product launch event at Apple Park in Cupertino, California, USA, via live broadcast. Goldman Sachs pointed out that if Apple introduces surprising products at this event, it may boost the stock price.

According to the latest report from TrendForce, although the increase in memory prices over the past year may increase the cost of Apple's new iPhone, it is expected that Apple will still adopt a cautious pricing strategy due to the overall decline in the smartphone market, and the prices of the four new models may remain the same as the iPhone 15 series.

Ranked fourth.$Broadcom (AVGO.US)$Shares fell 10.36%, the largest single-day decline since March 2020, with a turnover of $10.617 billion. Broadcom has fallen by 15.9% this week, marking its second consecutive week of decline.

Broadcom's chip business revenue growth slowed in the third quarter, and its fourth-quarter revenue guidance fell short of expectations. The company's third-quarter revenue was $13.072 billion, a year-on-year growth of 47%, analysts expected $12.97 billion; among them, the revenue of the chip solutions business, including AI custom chips, was $7.274 billion, and the growth rate unexpectedly slowed to 5%, compared to 6% growth in the previous quarter, while analysts expected a growth rate of about 6.8%. In addition, including the revenue contributed by the enterprise software company VMware, which was acquired at the end of last year, Broadcom expects fourth-quarter revenue to be about $14 billion, while analysts' expectation is $14.1 billion.

The sixth.$Meta Platforms (META.US)$Fell 3.21%, with a turnover of 7.448 billion US dollars. The stock has fallen more than 4% this week, marking the second consecutive week of decline.

The seventh.$Amazon (AMZN.US)$Fell 3.65%, with a turnover of 7.163 billion US dollars. According to reports, White House officials met with representatives from Google, Amazon, and the company on Thursday.$Microsoft (MSFT.US)$Representatives from the company met with officials from the White House on Thursday.

$Alphabet-A (GOOGL.US)$ The stock fell 4.02%, with a turnover of $5.77 billion. The Competition and Markets Authority (CMA), the UK antitrust authority, announced on September 6th that it has provisionally found that Google has abused its dominant position through the operation of its ad server and buying tools, limiting competition in the UK market. The interim investigation results involve how Google "self-recommends" its advertising trading platform, which harms competition and thus damages the interests of advertisers and publishers. While action is being taken in the UK, agencies in the United States and the European Union are also investigating similar issues.

Rank 9. $Advanced Micro Devices (AMD.US)$ The stock fell 3.65%, with a turnover of $5.376 billion. At the IFA 2024 event, AMD confirmed that its next-generation handheld chip will be named Z2 Extreme and is expected to be released in early 2025. However, the company did not provide any hardware specifications or performance information about the Z2 Extreme chip, only mentioning that it is working with several different partners on new product development.

11th place$Super Micro Computer (SMCI.US)$The stock fell by 6.79%, with a turnover of 3.546 billion US dollars. The stock has fallen 11.7% this week, marking the third consecutive week of decline.

Ranked thirteenth.$ASML Holding (ASML.US)$The stock fell by 5.38%, with a turnover of 2.5 billion US dollars. The stock has accumulated a 16.7% decline this week. On Friday, the Dutch government announced new export control regulations, requiring ASML Holding to apply for a license to export some machines to The Hague (the capital of South Holland Province in the Netherlands) rather than to the U.S. government. The new regulations will take effect on September 7, 2024.

ASML Holding spokesperson Monique Mools said: "Due to the new requirements, ASML will need to apply for an export permit from the Dutch government, instead of exporting lithography machines TWINSCAN NXT: 1970i and 1980i to the U.S. government. It is expected that the new regulations will not have any impact on our financial prospects for 2024 or the long-term prospects conveyed during the investor date in November 2022."

18th place $Bank of America (BAC.US)$ The stock fell by 2.81%, with a turnover of 1.832 billion US dollars. According to reports, Warren Buffett's Berkshire Hathaway has reduced its holdings of Bank of America's stocks for 9 consecutive trading days. According to a document filed with the U.S. Securities and Exchange Commission (SEC), the company sold slightly over 18.7 million shares of Bank of America stock this week.

Data shows that in the past 9 trading days, Berkshire Hathaway has sold Bank of America stocks every trading day, reducing its holdings from slightly less than 0.95 billion shares at the beginning of the month to approximately 0.864 billion shares at the close on Thursday.

Documents show that after Bank of America's last earnings report exceeded expectations and its stock price reached a two-year high, Berkshire Hathaway has continuously reduced its holdings in Bank of America in recent months.

Bank of America's stock price reached a recent high of $44.13 on July 16th, and has since pulled back, but the price is still up 17.7% from the beginning of the year.

Editor/Emily