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.$Tesla (TSLA.US)$Falling by 8.78% with a turnover of $31.255 billion. The stock has fallen by more than 12.9% this week. Tesla announced the launch of self-driving rental cars, which industry insiders say are very expensive. Tesla's CEO Musk announced at a press conference on Friday the launch of the self-driving taxi named CyberCab and the self-driving Model Y.

Musk stated that the Cybercab will have no steering wheel or pedals, costing less than $0.03 million. Some industry experts say that buying a pure vision electric vehicle for $0.03 million is actually "very expensive". A senior industry insider commented: "This latest pure vision self-driving car released by Tesla only has cameras, at this price point, you can buy a very good car domestically, not just one with two seats."

Barclays analyst Dan Levy gave Tesla an 'Equal Weight' rating with a target price of $220. He said: "Tesla's Cybercab prototype is similar to previous designs, but this release lacks specific details. Consumers can purchase the Cybercab, and Tesla may also operate the fleet itself. The recent drop in Tesla's stock price may be because people chose to sell after seeing the news. The market is now more focused on the company's fundamentals, which seem only average, not particularly good."

However, Morgan Stanley analyst Brian Nowak believes: "Tesla's estimated charge of $0.20 per mile is in line with expectations, confirming its cost advantage. He pointed out that this validates Tesla's theoretical cost advantage over Uber's existing cars and Waymo."

The second.$NVIDIA (NVDA.US)$Fell by 0.01%, with a turnover of 22.916 billion US dollars. Goldman Sachs raised the price target of Nvidia to $150, maintaining a buy rating. The stock rose 7.9% this week.

Apple, ranked third, fell by 0.65%, with a turnover of 7.237 billion US dollars. The National Labor Relations Board stated on Friday that Apple has been accused by the board of interfering with employees' rights to collectively advocate for improved working conditions by restricting their use of social media and workplace messaging app Slack.

This is the second time this month that the National Labor Relations Board has filed complaints against Apple. Last week, the agency accused Apple of requiring all employees nationwide to sign illegal confidentiality, non-disclosure, and non-compete agreements, and implementing overly broad improper conduct and social media policies.

The fourth most traded stock rose 1.72%, with a transaction volume of $9.743 billion. According to sources, a department of the Competition Commission of India (CCI) has launched a preliminary investigation into Apple this year, finding that Apple has had a significant impact on consumers in providing digital products and services. The focus of the investigation is that Apple is suspected of abusing its dominant position in the app market, forcing developers to use its proprietary in-app purchase system, which costs up to 30%. $Advanced Micro Devices (AMD.US)$ Rose by 2.26%, with a turnover of 7.016 billion US dollars. AMD unveiled a range of new products at the Advancing AI 2024 event in San Francisco on Thursday, including the next-generation Ryzen CPU, Instinct AI compute card, EPYC AI chip, and more.

The eighth.$Uber Technologies (UBER.US)$Rose 10.81%, the stock price hit a record high, with a trading volume of 4.86 billion USD. Tesla's product launch on Friday disappointed investors and boosted confidence in Uber.

Citigroup analyst Ronald Josey stated that the Tesla event has increased their confidence in Uber's stock. The reason is that there are few details about the sales of Tesla Cybercab and ride-hailing application, they believe Tesla may collaborate with Uber for future sales.

Jefferies analyst John Colantuoni believes that Tesla's event is good news for Uber. He referred to Tesla's Cybercab self-driving taxi as "non-competitive" and pointed out that the company has not provided any verifiable evidence of its progress in autonomous driving features, nor specified how many self-driving taxis they plan to manufacture.

Ranked ninth.$Amazon (AMZN.US)$Increased by 1.16%, with a trading volume of 4.86 billion USD. According to reports, Amazon's Amazon Web Services (AWS) Vice President Matt Wood is set to resign. Matt Wood took to social media this Wednesday to announce his departure from Amazon. An Amazon spokesperson later confirmed the news to the media, but did not disclose the successor's choice.

Rank 11 $JPMorgan (JPM.US)$ Closing up 4.44%, with a turnover of 4.066 billion U.S. dollars. JPMorgan Chase announced its third-quarter financial report before the market opened on Friday. In Q3, investment banking revenue increased significantly by 31%. Under the loose monetary policy of the Federal Reserve, the company achieved a net interest income (NII) of 23.53 billion U.S. dollars in the third quarter, significantly higher than the market's consensus expectation of 22.8 billion U.S. dollars, driving profits and revenue beyond expectations.

JPMorgan Chase stated that it expects net interest income (NII) for the 2025 fiscal year to be around 87 billion U.S. dollars.

13th place. $Alphabet-A (GOOGL.US)$ Closing up 0.72%, with a turnover of 2.501 billion U.S. dollars. Google formally appealed the ruling and jury verdict in the Epic vs. Google case by the U.S. District Court on Friday.

Earlier this week, Judge James Donato ruled that Google must allow third-party app stores to distribute on its Google Play platform and abandon the mandatory use of the Google Play payment system, which is one of several changes beneficial to market competition.

According to reports, Google has indicated that it will appeal. Google's Vice President of Public Policy and Government Affairs, Murhlan, stated in a blog post on Monday: "As we said before, these changes will threaten user privacy and security, making it harder for developers to promote their apps while weakening market competition on devices."

She added:"While these changes may meet Epic's requirements, they will bring a series of unintended consequences that harm American consumers, developers, and device manufacturers' interests."

Ranked fifteenth, down 2.10%, trading at $2.035 billion. Wedbush Securities said that Palantir has signed an agreement with Microsoft to provide AI services to the national defense and intelligence community, which could 'change the rules of the game' and serve as a 'launchpad' for Palantir's AI platform (AIP). The institution maintained its 'shareholding' rating on Palantir with a target price of $38. $Wells Fargo & Co (WFC.US)$ Rising by 5.61%, trading $2.262 billion. Wells Fargo & Co's third-quarter adjusted EPS was $1.42, significantly higher than the market's general expectation of $1.28. Despite revenue of $20.37 billion, slightly lower than analysts' estimated $20.39 billion, it still performed well.

Ranked 17th. $Bank of America (BAC.US)$ Rising by 4.95%, trading $2.117 billion. Warren Buffett's Berkshire Hathaway has reduced its stake in Bank of America to below 10%. Such a stake percentage no longer has the obligation of frequent disclosure for subsequent operations.

In a document submitted to the U.S. Securities and Exchange Commission on Thursday evening, Berkshire Hathaway stated that in three transactions from Tuesday to Thursday, a total of 9.5 million shares of Bank of America stock were sold. This action reduced its holdings to 0.775 billion shares, approximately 9.987%.

As the current ownership percentage is below the key threshold of 10%, Berkshire Hathaway no longer needs to report its related transactions promptly. The U.S. Securities and Exchange Commission requires shareholders holding over 10% of a company's equity securities to report transactions involving the company's equity within two working days.

Ranked 19th.$Alibaba (BABA.US)$Rise 0.79%, with a trading volume of 1.976 billion US dollars.

Editor/Somer