Megacap

From the courtroom to the hall of the meetings it was a great week for investors.

A allowance Google’s antitrust case has led to harsh stocks for Alphabet and Apple. Broadcom The shareholders encouraged the new client of $ 10 billion. And Tesla The stock has been subjected to freshly offered payment package for CEO Elon Musk.

Add it, and this week, eight trillion US technology companies have received a joint $ 420 billion by raising the total amount to $ 21 trillion. Dollars despite the slide Nvidia Stocks.

Now these companies are approximately 36% of the S&P 500, which is so great in historical standards that howard Silverblatt, the senior Index S&P Dow Jones Indix, said CNBC by email: “There is no comparison.”

There was a certain irony before the achievements of this week.

On Wednesday, the 9% leap of the alphabet was directly linked by the US government’s efforts to reduce the control of the search giant, which was part of the long -lasting company to break large technologies. Since 2020, Google, Apple, Amazon and Meta Everyone was hit by antitrust charges by the Ministry of Justice or the Federal Trade Commission.

A year ago Google missing For Doj as a result that is considered by many as the most significant antitrust solution for the technology industry since the case against Microsoft More than two decades earlier. But in a decree on the rights of the offense this week, the US County Judge Amite Macht He said Google would not be forced to sell its Chrome browser despite the losses in court, and instead sentenced the punishment, including the search data requirement with competitors.

The solution has raised Apple along with the alphabet because companies can follow the arrangement that provides Google Pay Apple Billions of dollars a year to become a default search engine. The alphabet grew more than 10%a week, and Apple added 3.2%, which promotes NASDAQ by 1.1%.

Analysts at the Wedbush Securities wrote in a note after the decision that the ruling “removed a huge overhaul” on Google and “Black Cloud Care” that was hanging over Apple. Next they said it cleans the way to the companies continued more Artificial intelligence A transaction involving Gemini, AI Google Models.

“Now this is the basis of Apple to continue your transaction and eventually probably double a more partnership with AI with Google Gemini down,” analysts write.

Mehta explained that a main factor In its decision, the generative II appeared, which became a much more competitive market than the traditional search, and dramatically changed the dynamics of the market.

Macht noted that new players such as Openai, Anthropic and surprise have changed Google’s domination, noting that AI generative technology may still be a change in games. “

On Friday, Alphabet investors have abandoned a separate antitrust matter from Europe. The company was affected by 2.95 billion euros (3.45 billion dollars) delicious From the European Union’s regulators for anti-component practice in its advertising technological business.

While Openai was an indirect catalyst for Google and Apple this week, it was more directly related to a huge promotion In Broadcom’s stock.

After better than expected Broadcom Report of income On Thursday, CEO Hock Tan told analysts that his chips manufacturer provided a $ 10 billion contract with a new customer, which will become the fourth big customer of the company.

Several analysts said the new customer is Openai, and the Financial Times reported the partnership between two companies.

Broadcom is the latest participant of the Trillion Dollars Club, thanks to the company’s custom chip for AI already used by Google, Meta and Tiktok Bytedance. Last year, shares in the last year increased by 120%, raising the Broadcom market limit to about 1.6 trillion.

“The company shoots all the cylinders with a clear visual line for growth, which is maintained by a significant lag,” Barclays wrote in the note, keeping the recommendation for buying and raising the target price.

For another gigantic manufacturer, AI’s chips last week was not so good.

Nvidia’s stock decreased by more than 4%in the festive week, which is the worst figure among Megacaps. There were no obvious negative news for Nvidia, but the stock has now declined for four consecutive weeks.

However, Nvidia remains the largest market cap company, which is estimated at more than $ 4 trillion, and over the last 12 months the stock has increased by 56%.

Microsoft Also fell this week and is on the elongated slide, falling for five consecutive. Over the last 12 months, the shares have increased by 21%.

The Tesla was retarded in the group on Flipside. Electric vehicles manufacturers decreased by 13% this year due to a decline of several quarters, which reflects the rise in competition from Chinese manufacturers of lower value and age-old EVS.

But this week Tesla shares rose by 5%, caused mainly income on Friday after the company said Payment plan For musk, this can cost up to almost $ 1 trillion.

Payments divided into 12 tranches will require Tesla to see a significant value assessment, starting with the first reward that will not participate until the company almost doubles the market restriction up to $ 2 trillion.

Tesla Chairman Robin Denholm told Andrew Ross Sorkin CNBC that the plan was designed to preserve Musk, the richest in the world, “motivated and focused on the delivery of the company.”

See: TESLA Chairman of the Elon Musk Payment Board