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June 10 (Reuters) - A California state court judge has denied motions by Meta Platforms and Google's YouTube seeking ‌a new trial after a jury found the companies liable for ‌designing social media platforms that are harmful to young people. Los Angeles Superior Court Judge ​Carolyn Kuhl ruled on the motions on Tuesday, according to court documents.

Find insight on Big European pharmaceutical companies, GSK, Kossan Rubber Industries and more in the latest Market Talks covering the health care sector.

U.S. President Donald Trump said ‌on Wednesday that he expects top artificial ‌intelligence companies to agree to "giving back" to the public, an apparent ​reference to a possible government stake in the firms. "I'm going to have meetings with the top 12 or 15 executives very shortly, and we're talking about giving back ‌something to the ⁠public, and if we do that, the public will become very rich," Trump told ⁠reporters in the White House’s Oval Office. A Trump spokesperson did not ​immediately respond to ​a request for more details about the ‌president meeting with AI executives.

Microsoft (MSFT)-backed OpenAI is expected to go public within the next year, although the timing co

By Jonathan Stempel NEW YORK, June 10 (Reuters) - Uber Technologies sued New York City to block enforcement of a new law that it said would unconstitutionally force it to keep drivers it does not want

Elizabeth Warren urged the SEC to delay the SpaceX IPO, but $150 billion in demand keeps Friday's Nasdaq debut on track.

Nike (NKE) is likely to issue Q1 guidance with a slightly negative upside/downside skew, following l

Uber Technologies sued New York City to block enforcement of a new law that it said would unconstitutionally force ‌it to keep drivers it does not want on its platform. In a complaint filed ‌late on Tuesday night, Uber said the law against "wrongful deactivations" would improperly shield drivers who engage in dangerous, threatening ​or other inappropriate behavior, threatening public safety and causing "immediate and irreparable harm" by undermining the company's reputation and goodwill. It said the law violates its free-speech and due-process rights under the U.S. Constitution, as well as New York's state constitution.

Space Capital Founder & CEO Chad Anderson joins Julie Hyman on Market Catalysts to discuss the highly anticipated SpaceX (SPCX), SPAX.PVT) IPO.

All three major US stock indexes were down in late-morning trading, as investors weighed the latest

Sheer hype often inflates the apparent value of a company that's about to go public. At the very least, it's easier to determine what an older, well-established stock is worth.

Investing.com -- 3M Company (NYSE:MMM) rose 2.5% Wednesday following comments from Chief Executive Bill Brown at the Wells Fargo Industrials and Materials Conference.

Amazon.com muscled into the less-than-truckload (LTL) freight business on Wednesday, driving S&P 500 members FedEx Freight and Old Dominion Freight Lines into a pothole. However, the freight stocks bounced back off early lows as investors saw a relatively modest near-term threat.

TensorWave will use a fresh $350 million to fill more data centers with chips from AMD, an investor.

Investing.com -- Microsoft co-founder Bill Gates appeared before a House committee on Wednesday for closed-door questioning about his relationship with convicted sex offender Jeffrey Epstein.

Dan Dreyfus, founder of Borneite Capital, made a striking case for copper on a recent appearance on the All-In Podcast. By his calculations, simply keeping up with ordinary GDP growth would require the world to extract 700 million tons of copper over the next 18 years, which is roughly the same amount humanity has mined ... Copper Analyst: America Needs as Much Copper in the Next 18 Years as It Mined in the Last 10,000 Years

The monthly pace of inflation slowed in both the headline and core readings for May, released Wednesday. Headline inflation rose 0.5% month over month, a bit of a break from April’s 0.6% advance and in line with expectations. Core inflation was up just 0.2% month over month in May after a 0.4% gain in April.

Investing.com -- Barclays lifted its wafer fabrication equipment estimates and raised price targets on Applied Materials, KLA Corporation, and Lam Research in a note on Monday.

The coffee chain has held preliminary talks with investment banks on options for its Japan unit, which could be valued at up to $3.1 billion

Just look at what happened the last time the New York Knicks won it all.

President Trump congratulated Citigroup and its CEO Jane Fraser on making a “BIG comeback,” a rare instance of praise for a big bank while his administration spars with the industry. “Wow! CITI was ranked Number 1 in topping M&A Advisory Market by Value in Q1.

Anyone who’s been paying attention at the pump or supermarket knows that the cost of goods has increased substantially this year, particularly over the past few months. We can largely thank the Iran conflict for that. Since the conflict broke out earlier in the year, oil prices have soared, leading to a rise in ... CPI Just Spelled Bad News for Social Security COLA — Even Though it May Not Seem That Way

SpaceX plots Starlink launches this week. IPO should boost U.S. dollar, college endowments. But SpaceX valuation dips on tech slide.

The Bank of America warned on June 5 that there are “too many red flags” waving over U.S. stocks and traders should take profits, CNBC reported. The bank tracked 10 bear market signposts and saw seven signposts triggering in May, five in April, and four in March. Seven is the average number of ...

A California state ‌court judge denied motions ‌by Meta Platforms and Google's YouTube ​seeking a new trial after a jury found them liable for designing social ‌media platforms ⁠that are harmful to young people, sources ⁠familiar with the ruling confirmed on Wednesday. Los ​Angeles Superior Court ​Judge ​Carolyn Kuhl ‌ruled on the motions on Tuesday, according to court documents.

DCC said it would recommend an improved takeover offer from private-equity firms KKR and Energy Capital Partners to shareholders if a formal offer is made.

An Inflation Rate of +4.2% hasn't been this high since April of 2023, when higher Fed funds rates were working inflation metrics down from June of 2022's +9.1%.

The stock market is already showing signs of reversing. The Nasdaq was down 0.4% after falling further at the open. The S&P 500 was down 0.2%. The Dow was down 190 points, or 0.4%. The May CPI was in line with expectations, but many on Wall Street were fearing an even worse report given the Iran war's impact on energy prices.

The most expensive habit a company can have is paying someone else for the thing it sells. For three years, Microsoft (MSFT) looked like the firm that had outsourced its way to the front of the artificial intelligence race. It poured more than $13 billion into OpenAI, wired ChatGPT's models into ...

Investing.com -- Shares of Applied Optoelectronics (NASDAQ: AAOI) could have further room to run despite a more than 1,000% gain over the past year, according to Raymond James analyst Simon Leopold, who reiterated an Outperform rating and $160 price target following investor meetings with Chief Financial Officer Stefan Murry.