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EU court upholds Google's $854,250 Italian fine over gambling advertising
Reuters76d agoneutral
EU court upholds Google's $854,250 Italian fine over gambling advertising

Europe's top ‌court on ‌Thursday sided with Italy's ​communication authority which fined Alphabet unit Google €750,000 ($854,250) four ‌years ago ⁠over gambling advertising on its ⁠YouTube video platform. "Google may ​be held ​liable ​for the ‌YouTube videos of a content creator with whom it has a ‌commercial partnership," ​the Luxembourg-based ​Court ​of Justice ‌of the European ​Union ​said. The case is C-421/24AGCOM (Online gambling).

Taiwan Semiconductor Manufacturing Q2 Earnings Call Highlights
MarketBeat76d agoneutral
Taiwan Semiconductor Manufacturing Q2 Earnings Call Highlights

Taiwan Semiconductor Manufacturing (NYSE:TSM) raised its 2026 capital spending plan and full-year revenue outlook as executives said demand for leading-edge chips tied to artificial intelligence remains “extremely robust,” even as some consumer and price-sensitive end markets face pressure. On the

Netflix Earnings, Consumer Sentiment: What to Watch the Rest of the Week
The Wall Street Journal76d agoneutral
Netflix Earnings, Consumer Sentiment: What to Watch the Rest of the Week

Today Earnings (a.m): UnitedHealth, GE Aerospace, U.S. Bancorp, Citizens Financial, Abbott Laboratories, State Street, Taiwan Semiconductor Manufacturing Earnings (p.m.): Netflix, Intuitive Surgical Economic data: Weekly jobless claims, Philadelphia Fed business-outlook survey, retail sales, pending home sales index, business inventories Fed speakers: Fed Vice Chair Philip Jefferson is expected to speak, as is Dallas Fed President Lorie Logan.

One Great Chart: The ‘Takers’ of a Risk-On Market
The Wall Street Journal76d agoneutral
One Great Chart: The ‘Takers’ of a Risk-On Market

“Clearly markets revenues in general have been quite elevated and strong for some time,” JPMorgan CFO Jeremy Barnum told analysts this week. “The market is clearly extremely risk-on, and we’re kind of takers of that.

Tesla Q2 Earnings: Elon Musk's Pay Package, Cybercab and Optimus Lead Top Investor Questions
Benzinga76d agoneutral
Tesla Q2 Earnings: Elon Musk's Pay Package, Cybercab and Optimus Lead Top Investor Questions

As Elon Musk-led automaker Tesla Inc. (NASDAQ:TSLA) is set to hold its second-quarter earnings call with investors next week, here are some top questions investors have submitted for the EV giant’s management. Robotaxi, Optimus Under Spotlight On Wednesday, influencer Sawyer Merritt took to X, sharing some of the top questions investors have asked. One of the top questions was about the Optimus Gen 3 robot, which recently got a boost as Tesla transitioned the Fremont, California, facility to pro

Taiwan computer chipmaker TSMC pledges another $100 billion to expand US chipmaking capacity
Associated Press76d agoneutral
Taiwan computer chipmaker TSMC pledges another $100 billion to expand US chipmaking capacity

Major Taiwan computer chipmaker TSMC said Thursday it plans to spend another $100 billion on expanding its manufacturing capacity in the United States. The world's largest contract chip manufacturing and one of the world’s most valuable companies, TSMC’s results are seen as a barometer for the global chip industry and for AI at a time when worries about a potential AI bubble have been buffeting financial markets. As AI-related demand continues to surge, it has been expanding chip fabrication plants in the U.S., Japan and Taiwan.

Uber launches $14.8 billion offer for Delivery Hero to create global platform
Reuters76d agoneutral
Uber launches $14.8 billion offer for Delivery Hero to create global platform

Uber on Thursday launched a public takeover offer for Delivery Hero that values the German food delivery company at $14.8 billion and would create the world's ‌largest food-delivery firm outside China. The acquisition advances the U.S. ride-hailing firm's efforts to build a global ‌presence in the food-delivery business as it faces intensifying competition from rivals such as DoorDash, which has been expanding aggressively abroad. Uber, which has made the acquisition conditional on a minimum acceptance threshold of 50% plus one share, will offer €41.50 ($47.58) in cash per share.

Airbus picks Iliad's Scaleway for AI, defence work in sovereignty push
Reuters76d agoneutral
Airbus picks Iliad's Scaleway for AI, defence work in sovereignty push

Airbus said on Thursday it had signed a multi-year agreement ‌with Iliad-owned Scaleway to provide cloud infrastructure for sensitive industrial ‌and defence applications, supporting the deployment of AI tools developed with French startup Mistral. The ​European planemaker said Scaleway would host critical applications spanning aircraft design, engineering, industrial production and corporate operations. Airbus signed a partnership with Mistral in May to co-develop customised AI tools for aerospace and defence.

Bloomberg76d agoneutral
Nvidia’s Huang Courts Japanese Suppliers With Kanda Pork Skewers

(Bloomberg) -- On Wednesday night, Jensen Huang was in Tokyo’s central Kanda district courting the little-known Japanese suppliers that underpin the AI supply chain.Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsOpenAI’s First Device Will Be Movable, Screenless Speaker Built as AI CompanionTrump Drops 20% Fee for Hormuz Cargo After Gulf PressureUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeA Cocaine Bust in Spain Leads All the Way to Wall

Asia Equities Mostly Decline on AI Concerns
The Wall Street Journal76d agoneutral
Asia Equities Mostly Decline on AI Concerns

Asia-Pacific equities mostly declined, as a pullback in U.S. chip stocks fueled concerns about the longevity of artificial-intelligence enthusiasm and weighed on chip-heavy South Korea.

Google stock price faces major AI test ahead of earnings
TheStreet76d agoneutral
Google stock price faces major AI test ahead of earnings

Ever since ChatGPT exploded in popularity, investors have worried that artificial intelligence could weaken Google’s most important business. Instead of searching for information and clicking through Google’s advertising-heavy results, consumers can increasingly ask an AI chatbot for a direct ...

South Korea regulator to announce new measures on single-stock leveraged ETFs
Reuters76d agoneutral
South Korea regulator to announce new measures on single-stock leveraged ETFs

South Korea's top financial regulator will announce new measures on single-stock leveraged exchange-traded funds soon, its chief ‌said on Thursday, amid worries about the effects of such instruments on financial ‌market stability. The Financial Services Commission will "closely inspect and review improvement measures" on the ETFs soon, Chairman Lee Eog-weon said ​in a radio interview on Thursday, when asked how the product affected the high volatility of South Korea's stock market. In a separate move, South Korea's finance minister will hold a meeting on Thursday afternoon to discuss the marketss, the ministry said ⁠without elaborating further.

Bitcoin, XRP, Dogecoin Steady; Ethereum Gains Amid Soft Inflation Reading: Analyst Says Indicators 'Flashing Bottom Signals Everywhere'
Benzinga76d agoneutral
Bitcoin, XRP, Dogecoin Steady; Ethereum Gains Amid Soft Inflation Reading: Analyst Says Indicators 'Flashing Bottom Signals Everywhere'

Leading cryptocurrencies traded sideways on Wednesday, while stocks rallied as investors digested softer inflation data amid heightened tensions with Iran Cryptocurrency24-Hour Gains +/-Price (Recorded at 9:30 p.m. EDT)Bitcoin (CRYPTO: BTC)-0.34%$64,540.27Ethereum (CRYPTO: ETH) -1.87%$1,914.24XRP (CRYPTO: XRP) +0.16%$1.10Solana (CRYPTO: SOL) -0.97%$76.76Dogecoin (CRYPTO: DOGE) -0.34%$0.07379 Bitcoin Steadies, Ethereum Gains Bitcoin climbed to an intraday high of $65,507, only to encounter strong

TSMC is about to answer Wall Street's biggest AI question
TheStreet76d agoneutral
TSMC is about to answer Wall Street's biggest AI question

Few companies have a clearer view of where the AI boom is heading than TSMC. And of course, with that, investors increasingly look to the company for answers. Earlier in June, speaking at the company's annual shareholders' meeting in Hsinchu, Taiwan, CEO C.C. Wei was precise and notably candid. It ...

Dollar General copies Costco with inflation-proof deal
TheStreet76d agoneutral
Dollar General copies Costco with inflation-proof deal

Inflation may not be rising as quickly as it was a few years ago, but shoppers are still feeling the pain every time they head to the checkout. That's made value-focused retailers such as Dollar General increasingly important for families looking to stretch every dollar, especially as we gear up ...