WS #13335
Russia opened antitrust case against Apple (potential $50M fine) and UK filed new legal challenge over iCloud backdoor; India proposes extending tax breaks to 2041 as positive. Amazon crossed $3 trillion market cap on strong Q2 cloud/AI results, up 5.2% to ~$285.7, joining Nvidia, Apple, Alphabet, Microsoft. AMD, Micron, Intel, and other chip stocks sliding ahead of AMD earnings Tuesday; memory shortage impacting Apple MacBook Air supply.
Apple regulatory and legal headwinds
Russia opened antitrust case against Apple (potential $50M fine) and UK filed new legal challenge over iCloud backdoor; India proposes extending tax breaks to 2041 as positive.
Amazon crossed $3 trillion market cap on strong Q2 cloud/AI results, up 5.2% to ~$285.7, joining Nvidia, Apple, Alphabet, Microsoft.
AMD, Micron, Intel, and other chip stocks sliding ahead of AMD earnings Tuesday; memory shortage impacting Apple MacBook Air supply.