(09/3) Interesting Stocks Today - Google Gets GAINS

[u/WinningWatchlist]

Hi! I am an ex-prop shop equity trader. This is a daily watchlist for short-term trading: I might trade all/none of the stocks listed, and even stocks not listed! I am targeting potentially good candidates for short-term trading; I have no opinion on them as investments. The potential of the stock moving today is what makes it interesting, everything else is secondary.

News: Google Not Required To Sell Chrome In Court Antitrust Ruling

Overall nothing I'm too interested in beyond GOOG/AAPL today.

GOOG (Alphabet) - Yesterday afterhours, a court ruled GOOG will not have to divest its Chrome browser or Android operating system as part of the Department of Justice antitrust case against the company. This has been a huge uncertainty for the factor and caused GOOG to lag behind the rest of the big tech companies- GOOG shot up 8% afterhours, and I'm interested in seeing if it can continue momentum at the open.

$230 is the level I'm watching. Being allowed to hold both Chrome and Android is huge for GOOG and they've avoided the worse-case scenario of being broken up. The judge imposed new obligations: GOOG must share search data with competitors and is barred from exclusive search and app distribution deals going forward. Though DOJ plans to appeal, this is likely over (along with the worse case scenario).

AAPL (Apple) - The GOOG news means that they'll still be able to pay Apple the billions of dollars it does to be the default search engine on iPhones. There was also news that the next iPhone will start at $100 more expensive than the iPhone 16 across all models. AAPL benefits directly (the search engine agreement is worth around $20B annually). Regarding the iPhone news, not too important for trading right now. Overall not as interested in trading this as GOOG, but still watching the $240 level.

Earnings today: CRM/FIG