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Ouster priced an underwritten public offering of 3.62 million shares of its common stock at $55.22 per share, raising around $200 million in gross proceeds.
Judges at the European Union's top court dismissed an appeal by Google over a landmark, 4.1 billion euro ($4.5 billion) antitrust fine imposed for throttling competition and reducing consumer choice through the dominance of its mobile Android operating system. The case has been tangled up in courts since the European Commission announced the fine in 2018. “The appeal brought by Google and its parent company Alphabet against the judgment of the General Court is dismissed, thereby confirming the penalty imposed for Google Search’s abuse of a dominant position in the context of the Android operating system,” the Luxembourg-based judges wrote in their ruling.
The National Highway Traffic Safety Administration found no crashes tied to the issues and that they posed only a low safety risk and were addressed in software updates.
Passive income is characterized by its ability to generate revenue without requiring the earner’s continuous active effort, making it a desirable financial strategy for those seeking to diversify their income streams or achieve financial independence. The more passive income can help cover rising costs, such as mortgages, insurance, taxes, and other expenses, the easier it ... 5 Underperforming Dividend Kings Offer Big Passive Income and Huge Total Return Potential
Investors weigh Alphabet's $85 billion capital raise against rising AI investment and expected free cash flow pressure.
Meta’s unconfirmed plan to build a cloud business faces competition from a well funded rival less than 24-hours later.
Second-quarter Tesla deliveries should rise vs. Q1 and a year earlier, but will that matter to investors? Tesla stock is near an early buy point.
Investing.com - U.S. stock futures were mixed on Thursday as investors awaited a closely watched U.S. employment report that could help shape expectations for Federal Reserve interest rate policy in the months ahead.
A fourth straight month of gains above 100,000 would represent a run of job growth not seen since the start of 2024
The Chinese e-commerce company and its U.S.-based payment processor admitted to roughly 80,000 unlawful product sales over nearly a decade
GE Vernova’s recent inclusion in the Russell Top 50 Index, alongside rising orders for its power generation and grid equipment from AI-driven data centers, has reinforced its position as a major player in global electrification and decarbonization. This combination of index membership and AI-related infrastructure demand is increasing the company’s visibility with institutional investors and highlighting the importance of its gas turbine, grid, and electrification businesses in meeting...
Zoom Communications stock is back in focus after a long stretch of weak 5 year returns, yet the current valuation checks and intrinsic value estimate both point to the shares trading at a discount to what the underlying cash flows may justify. Over the last 5 years, Zoom Communications shareholders have seen the stock fall 77.1%, which still frames today’s pricing in the context of a long, drawn out reset. Zoom’s push into AI powered tools for its Virtual Agent platform, including the new...
Blackstone (NYSE:BX) is exiting major Northern Virginia data center investments in a US$3.5b transaction with Digital Realty. The deal involves Blackstone selling significant data center stakes that were originally acquired within the past three years. Blackstone and Digital Realty plan to keep working together on new digital infrastructure projects in the U.S. and Europe. For investors watching Blackstone, this US$3.5b exit from Northern Virginia data centers highlights how the company is...
QUALCOMM (NasdaqGS:QCOM) has been removed from multiple Russell growth and value indices. The index changes follow a period of AI related announcements, infrastructure launches, partnerships, acquisitions and new revenue targets. The adjustments affect how the stock is represented in prominent benchmarks that many passive funds track. For investors watching QUALCOMM, the index removals arrive just after a busy stretch of AI focused updates that aim to expand the business beyond its...
Germany has reportedly requested that the U.S. allow an increase in the production of American weapons on German soil. The German government is pushing for a co-production agreement with the U.S., ahead of the forthcoming NATO summit in Ankara. This...
Tesla (TSLA) has been cleared after the US National Highway Traffic Safety Administration closed its
Microsoft stock is having a terrible year but it’s starting to get a boost for an unlikely reason. The shares started the second half of the year well, rising 3% Wednesday and pointing higher again in premarket trading Thursday. The iShares Expanded Tech-Software exchange-traded fund, has climbed for four consecutive days through Wednesday–and was pointing higher again ahead of the open Thursday.
Skyworks Solutions (NasdaqGS:SWKS) has been newly added to the Russell 1000 Value-Defensive Index. The company has also joined the Russell 1000 Defensive Index, highlighting its inclusion in key defensive equity benchmarks. Skyworks Solutions enters these indices at a time when its stock has faced pressure, with the share price at $65.93 and the stock down 7.7% over the past week and 12.7% over the past month. Over longer periods the stock has also declined, including 12.1% over the past...
The world’s hottest stock index tumbled Thursday as the tech selloff that ravaged U.S. markets spread overseas.

<body><p>STORY: Google on Thursday lost its fight against a record fine imposed by EU antitrust regulators eight years ago.</p><p>It was fined for using its Android mobile operating system to block rivals...</p><p>Thursday's court ruling is likely to boost Europe's crackdown on Big Tech.</p><p>The European Commission had originally handed out a $4.95 billion fine to Google...</p><p>for its agreements which forced phone manufacturers to pre-install Google Search, the Chrome browser and the Google Play app store on their Android devices.</p><p>And prevented them from using rival Android systems.</p><p>A lower tribunal reduced the fine in 2022.</p><p>Google then appealed to the Luxembourg-based Court of Justice of the European Union, Europe's highest.</p><p>But the court sided with the EU antitrust enforcer.</p><p>A Google spokesperson said the judgment failed to take into account its efforts to ensure Android is open, interoperable and free.</p><p>Google has racked up close to $12.6 billion in EU fines in the last decades for various antitrust infringements.</p></body>
AI earnings could start to fall short of expectations, undermining both equity prices and the capital expenditure boom, economists at Capital Economics said in a research note. The economists think equity prices may have a bit further to rise in the near term but will eventually pull back, with the S&P 500 estimated to fall to 6500 by end-2027. Meanwhile, AI-related revenue will likely be weighed by a decline in prices driven by increased competition and innovation.
Super Micro Computer has written an open letter to reassure customers after two employees were detained in Taiwan as part of an investigation into alleged smuggling of Nvidia chips to China. In an open letter to customers and partners, Super Micro said it is not a target of the Taiwanese investigation and it has been assisting authorities for several months. The company confirmed that four of its employees were detained for questioning on Monday over the sale of its products to a technology company in Taiwan.
By Arpan Chaturvedi NEW DELHI, July 2 (Reuters) - Amazon said on Thursday it will take "appropriate action" against a third-party delivery partner in India once a police investigation into a fire that
Investing.com -- The Wednesday selloff in U.S. chip shares extended into Thursday’s premarket trading as lofty valuations and heavy AI spending by tech companies weigh on investor sentiment.
U.S. stock futures were lower as AI-related stocks fell across the globe ahead of Thursday’s crucial jobs data.
In late June 2026, Lockheed Martin was awarded a seven-year undefinitized contract action for up to US$35.00 billion to rapidly expand THAAD interceptor production, while also securing a separate US$3.00 billion U.S. Army contract for Sentinel A4 radar systems and being reclassified in several Russell equity indices. Together with recent expansions of its U.S. munitions manufacturing footprint and a positive analyst upgrade, these awards underscore how sustained demand for missile defense...