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Google's antitrust investigation adds new evidence! Former Facebook advertising executive reveals a 'secret agreement'.
① In the anti-monopoly trial of the Department of Justice against Google in the United States, a former advertising executive of Facebook testified. ② This executive stated directly that due to Google's monopoly status and its advantages in advertising tools, Facebook is unable to engage in effective competition with it. ③ This executive also revealed a secret agreement reached between Facebook and Google in 2018 in the field of advertising.
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U.S. stocks closed | S&P 500 and Nasdaq both rose for the fifth consecutive week, with nvidia up nearly 16% for the week and broadcom up 22% for the week.
The rebound in US consumer confidence, the near four-year low in one-year inflation expectations, the support of the former "Fed's three hands" for a 50 basis point rate cut, and the significant increase in betting on substantial rate cuts by the "Fed's communication agency" and others, have returned to the "fifty-fifty" level. Small cap stocks rose by more than 2% on Friday, chip index rose by 10% over the week, NVIDIA rose by nearly 16% over the week, and Broadcom rose by 22% over the week. The two-year US Treasury yield returned to a two-year low, the yen rose above 141, the highest in nearly nine months, offshore renminbi rose above 7.10 yuan, and bitcoin rose to $0.06 million. Oil prices stopped the multi-week decline, and gold rose by over 3% for the best month in a month.
US stocks closing: Nasdaq, S&P rose for 5 consecutive days this week, market expects 'Fed playing big'
1. The Nasdaq and S&P 500 indexes both rose for 5 consecutive days this week, achieving the largest weekly gain since November last year; the S&P is only 0.7% away from its historical high. 2. The Federal Reserve's remarks have sparked debate between the '25 team' and the '50 team' again. 3. The chairman promised not to reduce shareholding, and Trump's media technology group rallied at the close. 4. Alleged 'Tesla Robotaxi spy photos' have surfaced.
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EU Officials Unlikely to Issue Breakup Order to Google for Now - Reuters
EU Antitrust Officials Likely To Order Google To Stop Anti-Competitive AdTech Practices But No Break-Up Order For Now; Regulators Could Issue Break-up Order At Later Stage If Anti-Competitive Practices Continue; Decision Unlikely Before EU Antitrust...
Google To Begin Accepting And Running Ads For Affiliates With Eligibility Permits From The Hellenic Gaming Commission; Policy To Take Effect On September 30, 2024, With Updates On The Gambling & Games Policy Page