Google antitrust, Apple Watch, Tesla wages: Tech Stocks
12/19/2023 22:03
Several of the "Magnificent Seven" tech stocks are in focus this morning. Google-parent company Alphabet (GOOG, GOOGL) has agreed to pay a $700 million settlement in an antitrust suit targeting the tech giant's app store monopoly. This comes a week after Google lost a similar antitrust case filed by Epic Games. Apple (AAPL) is halting sales of its Apple Watch Series 9 and Ultra 2 products over a patent dispute with analysts wondering how much this will impact Apple's holiday sales. Lastly, Tesla (TSLA) reportedly seeks to increase hourly wages for Nevada gigafactory workers. Yahoo Finance Live examines these companies and what each event could mean for the Magnificent Seven stocks. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Several of the "Magnificent Seven" tech stocks are in focus this morning. Google-parent company Alphabet (GOOG, GOOGL) has agreed to pay a $700 million settlement in an antitrust suit targeting the tech giant's app store monopoly. This comes a week after Google lost a similar antitrust case filed by Epic Games.
Apple (AAPL) is halting sales of its Apple Watch Series 9 and Ultra 2 products over a patent dispute with analysts wondering how much this will impact Apple's holiday sales.
Lastly, Tesla (TSLA) reportedly seeks to increase hourly wages for Nevada gigafactory workers.
Yahoo Finance Live examines these companies and what each event could mean for the Magnificent Seven stocks.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.