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Top EU court dismisses Google appeal of $4.5 billion antitrust fine
Associated Press49d agobearish
Top EU court dismisses Google appeal of $4.5 billion antitrust fine

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.

5 Underperforming Dividend Kings Offer Big Passive Income and Huge Total Return Potential
24/7 Wall St.49d agobearish
5 Underperforming Dividend Kings Offer Big Passive Income and Huge Total Return Potential

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

Why GE Vernova (GEV) Is Up 7.3% After Russell Top 50 Nod And AI Power Orders
Simply Wall St.49d agobearish
Why GE Vernova (GEV) Is Up 7.3% After Russell Top 50 Nod And AI Power Orders

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 (ZM) Stock Still Looks Undervalued Following A 77% Five Year Fall
Simply Wall St.49d agobearish
Zoom (ZM) Stock Still Looks Undervalued Following A 77% Five Year Fall

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 (BX) Sells Northern Virginia Data Centers In $3.5 Billion Digital Realty Deal
Simply Wall St.49d agobearish
Blackstone (BX) Sells Northern Virginia Data Centers In $3.5 Billion Digital Realty Deal

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 (QCOM) Stock Just Lost Its Place In Several Russell Indices
Simply Wall St.49d agobearish
QUALCOMM (QCOM) Stock Just Lost Its Place In Several Russell Indices

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...

Microsoft Stock Defies Tech Slump as Its Biggest Weakness Becomes Its Strength
Barrons.com49d agobearish
Microsoft Stock Defies Tech Slump as Its Biggest Weakness Becomes Its Strength

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 (SWKS) Joins Two Russell Defensive Indexes
Simply Wall St.49d agobearish
Skyworks Solutions (SWKS) Joins Two Russell Defensive Indexes

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...

EU top court dismisses Google fight against record €4.1 billion EU fine
Reuters Videos49d agobearishVIDEO
EU top court dismisses Google fight against record €4.1 billion EU fine

<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
Barrons.com49d agobearish
AI Earnings Could Start to Fall Short of Expectations

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 Tries to Reassure on Taiwan Probe but Markets Aren’t Convinced
Barrons.com49d agobearish
Super Micro Tries to Reassure on Taiwan Probe but Markets Aren’t Convinced

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.

Why Lockheed Martin (LMT) Is Up 6.1% After Massive Missile-Defense Contracts And Index Shift
Simply Wall St.49d agobearish
Why Lockheed Martin (LMT) Is Up 6.1% After Massive Missile-Defense Contracts And Index Shift

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...