Investing.com -- Wolfe Research has upgraded Fox Corp. to Outperform from Peer Perform in a note on Wednesday, setting a $71 price target and arguing that the company's planned merger with Roku creates a more dynamic growth story than the market is currently pricing in.
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Watchdog says company restricted app store competition.
A Swedish court ordered Alphabet’s Google to pay Klarna $1.97 billion in damages after the buy now, pay later company won an antitrust case alleging that the search giant engaged in anticompetitive practices. Klarna’s price-comparison unit, PriceRunner, sued Google in 2022 in Swedish court. PriceRunner alleged Google was giving preferential treatment to its own price-comparison service in its search results.
July 1 () - Micron Technology and General Motors have signed a supply agreement for memory and storage platforms used in vehicle production, the companies said on Wednesday. The agreement comes at a time when automakers are looking to bolster their semiconductor supply chains to help with growing computing needs on modern vehicles.
Blackstone will release its second-quarter earnings soon, and analysts anticipate a low double-digit bottom-line growth.
Textron will release its second-quarter earnings soon, and analysts anticipate a low single-digit profit dip.
Newmont will release its second-quarter earnings soon, and analysts anticipate a double-digit bottom-line growth.
Lennox International will release its second-quarter earnings soon, and analysts anticipate a single-digit profit dip.
A Swedish court on Wednesday ruled that Google-parent Alphabet abused its internet search-related market power in comparison shopping services versus Klarna Group's Pricerunner unit. Google was ordered to pay Klarna nearly $2 billion in damages. Klarna stock popped on the news.
National Grid will get a 35% stake in Joulent, which is developing contracted power generation and high-voltage infrastructure for U.S. customers that require substantial amounts of power.
(Bloomberg) -- July is a great time to buy stocks. In fact, it’s been the best month for the S&P 500 Index in the past two decades. Bulls are finding comfort in that history ahead of what stands to be an eventful stretch.Most Read from BloombergSpaceX IPO Left Mirae With No Shares on MisunderstandingTrump Reports at Least $1.4 Billion in 2025 Crypto EarningsSupreme Court Backs Birthright Citizenship in Blow to TrumpDemocratic Socialist Ousts 15-Term House Incumbent in ColoradoUS Lifts Export Res
L3Harris Technologies is expected to announce its second-quarter earnings soon, and Wall Street expects the company’s EPS to rise marginally.
The main US stock measures were pointing lower in Wednesday's premarket activity as traders await ke
Investing.com -- Klarna Group (NYSE:KLAR) shares jumped 6% on Wednesday following a massive legal victory over Alphabet’s tech monopoly. A Swedish court ruled in favor of Klarna’s subsidiary, PriceRunner, awarding the company a staggering $1.97 billion in antitrust damages. The high-stakes judgment caps off a fierce battle over online shopping dominance, with the court finding that Google illegally choked out competition by manipulating search results to favor its own comparison-shopping service
During an interview with CNBC, Ting said that Neutron Holdings, better known as Lime, focused on getting its economics and integration right.
The S&P 500 is up about 10% this year, yet 80% of that gain comes from technology stocks, many of which are tied to artificial intelligence. With interest rates and energy prices spiraling higher, and inflation clearly not under control, those willing to put any new money to work in stocks should likely be extremely ... The Safest Dividend Plays of 2026: 5 High-Yield, Low-PE Dividend Aristocrats
The new entity is part of the companies’ strategic alliance that has been in the works since 2024, which aims to support the certification and commercial production of Joby’s eVTOL aircraft.
Comfort Systems is ready to announce its fiscal second-quarter earnings soon, and analysts project a solid double-digit earnings jump.
📣 "We have to get back to growth in China. We have to be more premium and culturally relevant, and we have to lead with sport." —Nike CEO Elliott Hill, who has been leading a turnaround plan at the company, after its latest earnings report fell flat with investors.
The Japanese yen is at a 40-year low. That doesn’t have the attention of most U.S. tech investors, but maybe it should. A mere market tremor in Japan two years ago sent the Nasdaq tumbling. Read more in today's Markets A.
STOCKHOLM, July 1 (Reuters) - A Swedish court said on Wednesday Alphabet's Google is to pay the equivalent of around 14.3 billion Swedish crowns ($1.5 billion) in antitrust damages to Klarna's price
Investors are awaiting T-Mobile's second-quarter earnings later this month, with Wall Street forecasting a single-digit decline in the company's bottom line.
A Swedish court on Wednesday ordered Alphabet's Google to pay about $1.5 billion in antitrust damages to PriceRunner, the price comparison business owned by payments platform Klarna. The award, equivalent to around 14.3 billion Swedish crowns, comes amid growing scrutiny of U.S. Big Tech companies in Europe. It is the largest award by a Swedish court in a competition case, though well below the 78 billion crowns PriceRunner had sought, including accrued interest.
Allegion is set to announce its second-quarter earnings soon, and Wall Street expects the company’s EPS to rise by a single digit.
Southwest Airlines is slated to announce its fiscal second-quarter earnings soon, and analysts expect the company to deliver modest double-digit earnings growth.
Paramount Skydance (PSKY) has reportedly offered concessions to address European Union competition c
It's Wall Street's version of winning the lottery: a worker becomes a multi-millionaire overnight after their employer's success.