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Bloomberg29d agoneutral
Apple in Early Settlement Talks With DOJ Over Antitrust Case

(Bloomberg) -- Apple Inc. and the US Justice Department are in early discussions about settling a 2024 lawsuit that alleges the iPhone maker violated antitrust laws. Most Read from BloombergFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesChip Stocks Poised for Bear Market in AI Unwind: Markets WrapGoogle Gemini Launch Delayed as Tech Falls Short of Internal GoalsChina’s Moonshot Unveils AI Model That Narrows Gap With US FirmsThailand Scraps Plan to End Visa-Free Entry for Indian Tour

Can 3M (MMM) Still Trade At A Discount After PFAS Lawsuit?
Simply Wall St.29d agobearish
Can 3M (MMM) Still Trade At A Discount After PFAS Lawsuit?

3M stock has more than doubled over the past three years, while current checks suggest the shares trade below an intrinsic value estimate based on a Discounted Cash Flow (DCF) approach and also screen as undervalued on traditional earnings multiples. At the same time, a mixed broader valuation score and fresh legal action over PFAS chemicals mean the gap between price and estimated value is not a straightforward story. 3M has delivered a 103.6% return over the last three years, which puts...

Recalled Costco product poses big threat
TheStreet30d agobearish
Recalled Costco product poses big threat

There's a reason Costco will pretty much let you return any item at any time without a hassle. Costco has built its reputation on offering high-quality products at competitive prices, backed by strict supplier standards and careful product selection. The company knows its products have been ...

Intuitive Surgical (ISRG) Is Down 6.3% After Class II Recall of da Vinci Components Has The Bull Case Changed?
Simply Wall St.30d agobearish
Intuitive Surgical (ISRG) Is Down 6.3% After Class II Recall of da Vinci Components Has The Bull Case Changed?

In April 2026, Intuitive Surgical voluntarily initiated an ongoing Class II worldwide recall of certain da Vinci surgical system components after discovering an E-brake retainer pin issue that could impede emergency braking or cause uncontrolled column motion, with 454 affected units identified by specific serial numbers. This safety action, alongside growing attention on Intuitive’s AI-enabled da Vinci 5 rollout and competitive pressures in robotic surgery, raises fresh questions about how...

Broadcom (AVGO) Faces EU Antitrust Review Over VMware Licensing Changes
Simply Wall St.31d agoneutral
Broadcom (AVGO) Faces EU Antitrust Review Over VMware Licensing Changes

European cloud and infrastructure groups have challenged Broadcom over recent VMware licensing changes following the acquisition. Trade association CISPE and others have asked EU antitrust regulators to review and suspend certain Broadcom practices tied to VMware contracts. The European Commission has opened an antitrust review that centers on access, pricing, and conditions for VMware software in the region. Broadcom (NasdaqGS:AVGO) is coming under closer regulatory scrutiny in Europe at a...

Apple (AAPL) Stock Could Be 29% Overvalued Following Its AI Lawsuit
Simply Wall St.31d agobearish
Apple (AAPL) Stock Could Be 29% Overvalued Following Its AI Lawsuit

Apple stock has gained 121.0% over the past 5 years, yet its current valuation checks are split, with a Discounted Cash Flow (DCF) intrinsic value estimate suggesting the shares trade at a premium while earnings based multiples still screen as relatively supportive. That tension leaves investors weighing a strong long term share price record against signals that today’s price may already reflect a lot of optimism. Apple’s 121.0% return over 5 years highlights how strongly the stock has...

Pfizer (PFE) Announces FDA Approval of PADCEV plus Keytruda in MIBC
Insider Monkey31d agoneutral
Pfizer (PFE) Announces FDA Approval of PADCEV plus Keytruda in MIBC

Pfizer Inc. (NYSE:PFE) is one of the 8 Worst Blue Chip Stocks to Buy Now. On July 10, 2026, Pfizer Inc. (NYSE:PFE) and Astellas Pharma (ALPMY) announced that the U.S. Food and Drug Administration approved PADCEV, a Nectin-4 directed antibody-drug conjugate, plus the PD-1 inhibitor Keytruda or Keytruda QLEX as neoadjuvant and adjuvant treatment for […]

Celcuity shares fall as delayed breast cancer drug launch eclipses first US FDA approval
Reuters31d agobearish
Celcuity shares fall as delayed breast cancer drug launch eclipses first US FDA approval

July 15 () - Shares of Celcuity fell about 8% in premarket trading on Wednesday, as the delayed commercial launch ‌of its newly approved breast cancer drug and treatment-tolerability ‌concerns overshadowed the company's first U. Food and Drug Administration on ​Tuesday approved gedatolisib, branded as Revtorpyk, for certain patients with advanced breast cancer whose tumors do not carry a PIK3CA mutation.

Google urges EU top court to back ruling scrapping $1.7 billion antitrust fine
Reuters31d agoneutral
Google urges EU top court to back ruling scrapping $1.7 billion antitrust fine

Alphabet unit Google on Wednesday urged Europe's top court to dismiss EU antitrust regulators' appeal ‌against a lower court ruling that scrapped a €1.49 billion ($1.7 billion) fine, saying ‌the regulators' arguments were flawed. The dispute reached the Court of Justice of the European Union ​after regulators appealed a 2024 General Court ruling that annulled the fine imposed on Google in 2019. The lower court cited errors in the European Commission's assessment of the case.

Eli Lilly (LLY) Wins Full FDA Approval For Retevmo In Broader Cancers
Simply Wall St.31d agobullish
Eli Lilly (LLY) Wins Full FDA Approval For Retevmo In Broader Cancers

FDA grants full approval to Eli Lilly's selpercatinib (Retevmo) for a wider group of adult and pediatric patients with RET fusion solid tumors. The decision shifts selpercatinib from accelerated to traditional approval and broadens its labeled use across multiple tumor types. The update reinforces Eli Lilly's (NYSE:LLY) position in oncology and opens new commercial and clinical avenues for the drug. Eli Lilly, known for its oncology and biopharma portfolio, now has a fully approved RET...

Are Boston Scientific’s (BSX) Sterile-Packaging Recalls Reframing the Narrative on Quality and Regulatory Risk?
Simply Wall St.31d agobearish
Are Boston Scientific’s (BSX) Sterile-Packaging Recalls Reframing the Narrative on Quality and Regulatory Risk?

Boston Scientific recently initiated several voluntary Class II recalls of its CRE and CRE Pro Wireguided endoscopy devices worldwide due to potential sterile breaches in packaging, affecting tens of thousands of units across multiple size ranges. The recalls underscore the operational and regulatory risks inherent in Boston Scientific’s expanding minimally invasive device portfolio, especially as it integrates recent acquisitions and scales global distribution. We’ll now examine how these...

Pfizer (PFE) Wins FDA Approval For First Platinum Free Bladder Cancer Regimen
Simply Wall St.32d agobullish
Pfizer (PFE) Wins FDA Approval For First Platinum Free Bladder Cancer Regimen

Pfizer, trading as NYSE:PFE, received FDA approval for a platinum-free Padcev-Keytruda regimen in muscle-invasive bladder cancer. The regimen is approved as both neoadjuvant and adjuvant therapy for adult patients, regardless of cisplatin eligibility. This decision expands use of the combination across a broader bladder cancer population and introduces a new treatment option. For investors watching Pfizer at a share price of $24.25, this approval adds a fresh development to the oncology...

UnitedHealth Group (UNH) Faces Wider DOJ Antitrust Probe As Claritev Review Expands
Simply Wall St.32d agobearish
UnitedHealth Group (UNH) Faces Wider DOJ Antitrust Probe As Claritev Review Expands

The U.S. Department of Justice has expanded an antitrust investigation to include UnitedHealth Group's Claritev unit. The Claritev review is part of broader DOJ scrutiny of healthcare industry practices and market competition. This development adds a fresh layer of regulatory attention for UnitedHealth Group (NYSE:UNH) beyond routine oversight. UnitedHealth Group, one of the largest managed care and healthcare services companies in the U.S., spans insurance, care delivery, and data-driven...

Meta layoffs take disturbing turn in new lawsuit
TheStreet32d agobearish
Meta layoffs take disturbing turn in new lawsuit

There’s no sugarcoating it; getting laid off is awful. But if you've been following the news, it feels like tech workers are being laid off left and right. Here’s what one Reddit user, who was recently laid off from an account executive role at a tech company, had to say on the r/Layoffs subreddit: ...