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.$NVIDIA (NVDA.US)$Rising by 0.22% with a trading volume of 23.897 billion USD, Nvidia recently announced a partnership with UAE AI application development company, G42. Both parties will leverage existing technological reserves to develop a weather forecasting AI model based on Nvidia's Earth-2 project. Nvidia launched the Earth-2 project in 2021 aiming to build a digital twin model of the Earth. In this collaboration with G42, Nvidia will jointly develop a weather forecasting AI model with a resolution per square kilometer, to provide more accurate weather information for specific regions. The two plan to establish a special operations base and climate technology laboratory in Abu Dhabi, UAE, as a research center, using over 100PB of geophysical data in the lab to create customized climate and weather solutions.

The second.$Tesla (TSLA.US)$Rising by 4.93% and reaching a two-month high in stock price with a trading volume of 21.543 billion USD, it is anticipated by analysts at Barclays that Tesla's delivery volume in the third quarter will surpass the market's general expectations due to a rebound in sales in the Chinese market. Additionally, with the upcoming launch of Robotaxi next month, Tesla's stock price may continue to rise.

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. $Apple (AAPL.US)$ Down 0.76%, with a turnover of 12.281 billion US dollars. Wall Street well-known investment institution Wedbush Securities, which has been bullish on technology stocks for a long time, stated that despite some relatively negative concerns, the institution insists that the first-week sales of the iPhone 16 series seems very optimistic for Apple's performance growth, and indicates that the first-week sales data of the new generation iPhone is the "beginning" of a new round of Apple's stock price increase.

Wedbush analyst Dan Ives maintains an 'outperform' rating on Apple's stocks as well as a 12-month target price of up to $300.

In addition, the European Commission has begun drafting legislation requiring Apple to open all iOS and iPadOS to third parties, while allowing competitors' app stores and payment systems.

Due to an investigation by the European Union finding that Apple violated the Digital Markets Act (DMA), the European Commission has ordered the company to comply with the next stage of the law. The European Commission has formally announced two regulatory procedures to establish rules and timetables that Apple must allow third parties to access all iPhone hardware and software features.

Ranked fourth.$Meta Platforms (META.US)$Up 0.55%, the stock price hit a new high, with a turnover of 7.254 billion US dollars. The company's CEO, Mark Zuckerberg, recently emphasized that for a true technology company, the leadership must have a technical background. He said: "If the CEO of the company is not from a technical background, and the board of directors does not have members who understand technology, with only the head of engineering in the management team understanding technology, then frankly speaking, this is not a technology company."

Mark Zuckerberg clarified that this does not mean technical skills are the only important skills in leadership. He said, "You wouldn't want everyone to be an engineer because there are other important things, but if the proportion of engineers in the company is not high enough, then you are not a technology company. I think this is also important from the perspective of how the board of directors balances decisions, and internal cultural factors within the company are also very important."

The fifth.$Amazon (AMZN.US)$Increased by 1.19%, trading at 7.146 billion USD. Amazon recently announced that starting from October, a new end-to-end fully-managed logistics service will be launched to all US sellers, aiming to provide sellers with a complete logistics solution to effectively improve sellers' delivery efficiency and sales conversion rate. It is expected that by the end of this year, this service will be gradually expanded to global markets.

This new supply chain service will adopt a fully managed model, providing sellers with a more worry-free logistics solution; sellers only need to provide detailed product information and pickup locations to the platform, and all remaining logistics work will be taken care of by Amazon, including picking up goods, inventory consolidation, strategic replenishment, last-mile delivery, and more.

The sixth.$Microsoft (MSFT.US)$Decreased by 0.40%, trading at 6.558 billion USD. Brokerage firm DA Davidson downgraded Microsoft to Neutral with a target price of 475 USD.

$Intel (INTC.US)$ Up by 3.30%, trading volume reached 4.141 billion US dollars. There are reports that the private equity firm Apollo has proposed to invest up to 5 billion US dollars in intel.

Last week, there were reports that cowen inc 7.75% senior notes due 15/06/33 usd25 have been in contact with intel regarding acquisition matters.$Qualcomm (QCOM.US)$Although the transaction has not been finalized, qualcomm has not officially made a takeover offer to intel, and there are still major obstacles to completing the transaction, but if the deal can be successfully completed, it will be one of the largest and most impactful transactions in recent years.

Rank 9. $Alphabet-A (GOOGL.US)$ Dropped by 1.06%, with a trading volume of 3.924 billion USD. It is reported that the EU may announce preliminary results of the antitrust investigation against Google before the end of October. If the EU's concerns are not addressed, Google may face fines of up to 10% of its global annual revenue and be forced to change its business model.

11th place$Super Micro Computer (SMCI.US)$Rose by 1.90%, with a trading volume of 3.343 billion USD. Super Micro Computer announced that it has received a non-compliance letter from Nasdaq.

16th place.$Micron Technology (MU.US)$Rose by 2.94%, with a trading volume of 2.189 billion USD. Brokerage TD Cowen lowered the target price of Micron Technology from 160 USD to 115 USD, maintaining a "buy" rating.

Ranked 18th. Fell 1.56%, with a turnover of 2.175 billion US dollars. The company's statistics show that in the first quarter of 2024, its net income was $8.22 billion, a year-on-year decrease of 28%. It is analyzed that the main reason for the decline in profit is the fall in natural gas prices and the deterioration of refinery profit margins.$Boeing (BA.US)$Closed up 1.96%, with a turnover of $1.939 billion. Boeing raised contract quotes for about 33,000 employees at its main manufacturing center in Seattle on Monday, attempting to resolve a strike that has been going on for over a week and could worsen the company's financial crisis.

Boeing said in a statement that the plan includes: an overall 30% increase in wages over four years, doubling approved bonuses to $6,000, and the restoration of performance plan bonuses for aviation mechanics.

Previously, Boeing proposed a 25% raise, and the union suggested workers accept this condition, but striking workers demanded a 40% raise.

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