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Zillow settles FTC claims it paid Redfin to stop competing on apartment listings
Reuters33d agoneutral
Zillow settles FTC claims it paid Redfin to stop competing on apartment listings

The U.S. Federal Trade Commission and a group of states announced a settlement with Zillow, ending claims the online real ‌estate platform illegally paid Rocket Companies' Redfin $100 million to stop competing in apartment ‌rental listings. The settlement ends the agreement for Redfin to stop competing. Redfin agreed to rebuild its rental advertising business within six months, according to the FTC.

Investing.com33d agobullish
Strategy sets up $1.59 billion cash pool to buy Bitcoin

Investing.com -- Strategy Inc. announced Monday it established a new cash pool of $1.59 billion that can be used to purchase Bitcoin, pay preferred stock dividends and debt obligations, repurchase securities, or meet other corporate needs.

Investing.com33d agobearish
Baird downgrades Chipotle, Domino’s as restaurant divergence widens

Investing.com -- In a note to clients on Monday, Baird reshuffled its restaurant coverage, downgrading Chipotle Mexican Grill (NYSE: CMG), Domino's Pizza (NASDAQ: DPZ) and Black Rock Coffee Bar (NASDAQ: BRCB) to Neutral while upgrading Darden Restaurants (NYSE: DRI) to Outperform.

XPeng Net Loss Widens Amid Physical AI Push
The Wall Street Journal33d agoneutral
XPeng Net Loss Widens Amid Physical AI Push

The Chinese EV maker remained in the red despite resilient margins, as heavy investment in new models and AI-related tech outweighed profits from its main business and higher-margin services.

Nvidia, software giants' earnings: What to watch the week of August 24th
Yahoo Finance Video33d agoneutralVIDEO
Nvidia, software giants' earnings: What to watch the week of August 24th

Asking for a Trend Host Jared Blikre previews the biggest market-moving stories for the week of August 24, with Nvidia's (NVDA) Q2 earnings taking center stage on Wednesday. Investors will also be watching a packed slate of software earnings from Salesforce (CRM), CrowdStrike (CRWD), Workday (WDAY), Zoom (ZM) and Intuit before attention turns to Jackson Hole on Friday, where Fed Chair Kevin Warsh is expected to deliver remarks.