Stocks of Apple and Alphabet have seen an increase

In the world of technology, news continues to unfold at a rapid pace. Here's a roundup of some significant developments from the past few days.

The court ruling against the US government's attempt to break up Google has been a major talking point. Despite the judge's ruling prohibiting Google from making exclusive agreements, Alphabet (WKN: A14Y6H) is still able to pay companies like Apple and Mozilla to pre-install or prominently feature its services. This news has been more favourable for Alphabet than expected, according to analyst Doug Anmuth of US bank JPMorgan. As a result, shares of Google's parent company surged 8.6 percent. This boost also had a positive impact on Apple's share price, which rose by 3.6 percent.

Judge Amit Mehta in Washington ruled that Google should not be forced to separate from the web browser Chrome and the mobile operating system Android. This decision has allowed Google to maintain its market position in the tech industry.

The US Federal Reserve's monetary policy could be significantly influenced by the monthly jobs report, which will be released before the weekend. Investors are eagerly awaiting this report, as it will provide insights into the health of the economy.

In other news, the broad-based S&P 500 closed up 0.5 percent at 6,444.4 points, while the Dow Jones Industrial Average slipped 0.1 percent to 45,270.89 points. The Nasdaq 100 index, on the other hand, rose 0.8 percent to 23,409.5 points.

In the retail sector, Macy's, Inc. (WKN: A0MS7Y) experienced a 17.2 percent boost in its share price due to better-than-expected quarterly results and a more optimistic outlook. In contrast, shares of discount variety store chain Dollar Tree fell 9.2 percent following a disappointing second quarter.

Analyst David Vogt of Swiss bank UBS estimates that Apple will continue to receive approximately $20 to $25 billion annually from Google. This ongoing relationship between the two tech giants is a testament to their mutual dependence and influence in the industry.

As for the Nasdaq 100 index, it may not have much movement until Friday, according to some market analysts. The first rate cut of the year by the US Federal Reserve is almost certain at its mid-month meeting, which could potentially impact the tech market's trajectory.

Stay tuned for more updates as the tech world continues to evolve at a rapid pace.