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Google Dodges Ad Tech Breakup But Judge Orders Changes to Auction Rules and Appoint Antitrust Monitor — Tech Giant Plans to Appeal: Report
Benzinga8d agoneutral
Google Dodges Ad Tech Breakup But Judge Orders Changes to Auction Rules and Appoint Antitrust Monitor — Tech Giant Plans to Appeal: Report

A federal judge has reportedly ordered Alphabet Inc.‘s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google to overhaul its online advertising technology practices and appoint an internal antitrust compliance monitor, while declining to force a breakup of its ad tech business. How Ad Practices Must Change In a 106-page decision, U.S. District Judge Leonie Brinkema in Alexandria, Virginia, found that Google must relax rules governing its online ad auctions, according to Reuters. The judge rejected the Department

Asian stocks are mixed after Wall Street slips following Fed's rate hike decision
Associated Press8d agoneutral
Asian stocks are mixed after Wall Street slips following Fed's rate hike decision

Asian shares were mixed on Thursday after Wall Street closed lower following the Federal Reserve’s interest rate hike decision for the first time in three years. Japan’s Nikkei 225 index was 0.2% higher at 64,067.53. The Hong Kong Hang Seng fell 0.7% to 24,533.46, while the Shanghai Composite index lost 0.4% to 3,877.46.

China's Huawei sets 2027 launch for new AI chips as it targets Nvidia
Reuters8d agoneutral
China's Huawei sets 2027 launch for new AI chips as it targets Nvidia

By Che Pan, Casey Hall and Eduardo Baptista SHANGHAI/BEIJING Sept 17 (Reuters) - Huawei Technologies will launch two new artificial-intelligence semiconductors in 2027, rotating chairman David Wang said on Thursday, as the Chinese ‌tech giant builds up its AI computing business and seeks to challenge U. Huawei plans ‌to launch the 960DT in the first quarter of 2027 and the Ascend 960PR in the third quarter, Wang said.

Goldman Sachs now sees Fed hiking again in October
Reuters8d agoneutral
Goldman Sachs now sees Fed hiking again in October

SYDNEY, Sept 17 (Reuters) - Goldman Sachs now expects the US Federal Reserve to raise interest rates by 25 basis points at its October policy meeting, adding a further hike to its September call.

JD.com (JD) Stock Could Still Be A Bargain On Earnings
Simply Wall St.8d agoneutral
JD.com (JD) Stock Could Still Be A Bargain On Earnings

JD.com has seen its share price struggle in recent years, and that slump puts the focus squarely on whether today's valuation can be explained by what the business earns. With the stock under pressure, the key issue for investors is how well JD.com's current earnings profile lines up with the price on screen. Over the past 5 years the share price has fallen 59.7%, which raises a direct question about whether the current market value still matches the company’s earnings power. JD.com’s...

Chipotle Stock Looks Expensive Until You Price The New Restaurants
Trefis8d agoneutral
Chipotle Stock Looks Expensive Until You Price The New Restaurants

Chipotle Mexican Grill (CMG) trades at about 28.4 times its trailing adjusted earnings, the basis that adds stock-based compensation back to normalized net income. That is a steep price for a chain whose existing restaurants are guided to low single-digit sales growth for 2026. On what analysts expect Chipotle to earn by 2027, the same price is about 24.1 times. Those forward multiples sit on analyst-consensus earnings, which are not defined the same way as the trailing adjusted figure, so part

The SpaceX IPO Gave This Couple License to Chase Their Dreams
The Wall Street Journal8d agoneutral
The SpaceX IPO Gave This Couple License to Chase Their Dreams

Brian Aggrey worked at SpaceX for over a decade. After the company’s record-breaking IPO in June, he and his wife, Phoebe Novack, saw their fortunes increase dramatically. In July, they traveled to Milan and Cote d’Azur and stayed in the French countryside, where Novack took acting classes over the summer.

Aeluma Q4 Earnings Call Highlights
MarketBeat8d agoneutral
Aeluma Q4 Earnings Call Highlights

Aeluma (NASDAQ:ALMU) said fiscal 2026 established a foundation for commercializing its photonics technology for artificial intelligence data-center interconnects, as the company expanded its workforce, strengthened manufacturing relationships and raised capital to support development. Founder and C