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Alphabet (GOOGL) Faces Waymo Recall And Gemini Leadership Exit
Simply Wall St.48d agobearish
Alphabet (GOOGL) Faces Waymo Recall And Gemini Leadership Exit

Waymo, Alphabet’s self-driving unit, is recalling nearly 4,000 robotaxis in the US to fix software that could allow vehicles to enter closed freeway construction zones at speed. Noam Shazeer, a key leader of Alphabet’s Gemini AI model, is leaving the company to join OpenAI. These twin developments put Alphabet (NasdaqGS:GOOGL) back in focus for investors watching both autonomous vehicles and generative AI. Waymo’s recall highlights that scaling robotaxis involves real world safety and...

Arqit Quantum (ARQQ) Is Up 72.7% After Settling Long-Running Misrepresentation Lawsuit - What's Changed
Simply Wall St.48d agobearish
Arqit Quantum (ARQQ) Is Up 72.7% After Settling Long-Running Misrepresentation Lawsuit - What's Changed

In the past few days, Arqit Quantum agreed to pay US$7,000,000 to settle a lawsuit alleging misrepresentations about its quantum encryption technology and revenue sources, closing out roughly four years of legal dispute. This settlement removes a long-running legal overhang that had raised questions about Arqit’s disclosures and could influence how investors assess its risk profile and governance. We’ll now examine how resolving this long-running lawsuit, and the uncertainty around Arqit’s...

Waymo Has a Tesla-Like Recall. What It Means for Alphabet Stock.
Barrons.com48d agobearish
Waymo Has a Tesla-Like Recall. What It Means for Alphabet Stock.

Waymo is recalling 3,871 robo-taxis to correct software that might allow a vehicle to enter a freeway construction zone, according to a National Highway Traffic Safety Administration notice. For starters, it illustrates the size of the Waymo robo-taxi fleet. The Alphabet -owned ride-hailing network operator is expanding across the country, along with other companies, including Tesla Amazon.com -backed Zoox, and others.

FDA Approves New Eight-Week Maintenance Dosing Regimen for Eli Lilly’s (LLY) EBGLYSS
Insider Monkey49d agoneutral
FDA Approves New Eight-Week Maintenance Dosing Regimen for Eli Lilly’s (LLY) EBGLYSS

Eli Lilly and Company (NYSE:LLY) is one of the 12 Best Growth Stocks Trading in Oversold Territory. On June 9, the US FDA approved a new maintenance dosing regimen for Eli Lilly’s EBGLYSS (lebrikizumab-lbkz), allowing adults and children aged 12 and older with moderate-to-severe atopic dermatitis to receive a single injection once every 8 weeks. […]

Dell (DELL) Faces $70 Million XTX Lawsuit Over Server Pricing
Simply Wall St.49d agobearish
Dell (DELL) Faces $70 Million XTX Lawsuit Over Server Pricing

XTX Markets’ Finnish unit has filed a lawsuit against Dell Technologies (NYSE:DELL) over alleged server price increases tied to data center contracts. The dispute involves around US$70 million and centers on pricing for infrastructure that supports high performance trading operations. This legal action is separate from Dell’s recent activity around AI infrastructure and focuses on how large enterprise clients are charged for hardware. Dell Technologies sits at the heart of global enterprise...

Is AI Spending Lawsuits And Azure Concerns Altering The Investment Case For Microsoft (MSFT)?
Simply Wall St.50d agobearish
Is AI Spending Lawsuits And Azure Concerns Altering The Investment Case For Microsoft (MSFT)?

Over recent weeks, Microsoft has been hit with multiple shareholder class-action lawsuits claiming it downplayed slowing Azure cloud momentum and the scale of its AI infrastructure spending after disappointing earnings revealed higher capital expenditures and weaker-than-hoped Copilot uptake. The controversy highlights a tension between Microsoft’s aggressive AI build-out and investor expectations for clear disclosure on how those data center outlays are converting into sustainable cloud and...

Italy's antitrust regulator probes Apple over cloud services under Digital Market rules
Reuters50d agobearish
Italy's antitrust regulator probes Apple over cloud services under Digital Market rules

Italy's competition regulator said on Tuesday it had ‌opened an investigation into Apple over ‌compliance with interoperability obligations, under the European Digital ​Markets Act. Under the rules, Apple must ensure that third-party providers of consumer cloud services can inter-operate effectively and free of ‌charge with hardware ⁠and software components controlled through the group's iOS and iPadOS ⁠operating systems, and have equal access as Apple's iCloud service.

Microsoft Faces Azure And Copilot Lawsuit As Copilot Adoption Grows
Simply Wall St.51d agobearish
Microsoft Faces Azure And Copilot Lawsuit As Copilot Adoption Grows

Shareholders have filed a proposed securities class action, City of St. Clair Shores Police and Fire Retirement System v. Microsoft Corp., alleging misstatements around Azure and Copilot AI progress. The lawsuit focuses on disclosures about operational challenges, capacity tradeoffs, and slower than expected subscription conversions to Copilot. At the same time, Microsoft 365 Copilot is gaining traction through new integrations with NHS England, Wix, and third party solutions like Nurix...

Target Baby Wipes Recall Tests Up And Up Brand And Stock Momentum
Simply Wall St.52d agobearish
Target Baby Wipes Recall Tests Up And Up Brand And Stock Momentum

Target has initiated a voluntary nationwide recall of certain Up & Up baby wipes after FDA testing detected harmful bacteria in specific batches. The recall follows reports of serious infections potentially linked to the affected products, raising health concerns for infants and young children. This development creates additional reputational and regulatory scrutiny for Target as it manages product quality and safety across its private label portfolio. For investors watching NYSE:TGT, this...

Did Frank Del Rio’s US$75 Million Lawsuit Just Shift Norwegian Cruise Line’s (NCLH) Governance Risk Profile?
Simply Wall St.52d agobearish
Did Frank Del Rio’s US$75 Million Lawsuit Just Shift Norwegian Cruise Line’s (NCLH) Governance Risk Profile?

Former CEO Frank Del Rio has filed a US$75.00 million lawsuit against Norwegian Cruise Line Holdings and its board over an alleged breach of his post-retirement consulting agreement, accusing the company of fraud and misleading shareholder disclosures about his compensation. This governance dispute puts Norwegian’s board oversight, executive pay practices, and disclosure quality under the microscope at a time when the company is working to reinforce investor confidence in its turnaround...

Lawsuit Tests Microsoft AI Story While Shares Trade Below Valuation Estimates
Simply Wall St.53d agobearish
Lawsuit Tests Microsoft AI Story While Shares Trade Below Valuation Estimates

A securities class action lawsuit has been filed against Microsoft, alleging misleading statements about its AI and Copilot products, capital expenditure choices, and market share trends. The complaint focuses on claims around Copilot's user experience, competitive position, and internal GPU and CPU resource allocation that allegedly affected Azure growth and commercial adoption. Investors are watching for potential reputational and financial implications, as well as any impact on...

POET Technologies Lawsuits Heighten Legal Risk And Raise Disclosure Questions
Simply Wall St.53d agobearish
POET Technologies Lawsuits Heighten Legal Risk And Raise Disclosure Questions

Multiple securities class action lawsuits have been filed against POET Technologies (NasdaqCM:POET). The suits allege misleading statements about its tax status, business agreements, and internal controls. The lawsuits follow the cancellation of major purchase orders and related operational consequences, which plaintiffs claim were tied to misrepresented information and confidentiality issues. Investors are confronting new legal and reputational risks for the company, alongside heavy share...

Costco Recall And Lawsuit Test Food Safety Controls And Investor Confidence
Simply Wall St.54d agobearish
Costco Recall And Lawsuit Test Food Safety Controls And Investor Confidence

Costco Wholesale (NasdaqGS:COST) has issued a recall of Lactantia UltraPur Milk due to a food safety risk. The company is also seeking dismissal of a lawsuit that challenges advertising claims related to its rotisserie chicken. Both developments focus attention on Costco's product quality controls, consumer protections, and marketing practices. For a warehouse club retailer like Costco, where members often buy food in bulk, any recall tied to a food safety issue goes straight to the heart...

Lucid Group (LCID) Is Down 9.0% After Gravity OTA Upgrade Highlights Innovation Amid Securities Lawsuits
Simply Wall St.54d agoneutral
Lucid Group (LCID) Is Down 9.0% After Gravity OTA Upgrade Highlights Innovation Amid Securities Lawsuits

In early June 2026, Lucid Group began rolling out a major over-the-air update for its Gravity SUV in North America, adding hands-free highway driving, richer Google-powered navigation data, and enhanced charging and visibility features for vehicles equipped with the optional DreamDrive 2 Pro system. At the same time, Lucid is grappling with a series of securities class action lawsuits alleging that management misrepresented supplier quality problems that disrupted Gravity deliveries and hurt...

Uber Lawsuit Over New York Driver Rules Puts Safety Policy In Focus
Simply Wall St.55d agobearish
Uber Lawsuit Over New York Driver Rules Puts Safety Policy In Focus

Uber Technologies (NYSE:UBER) has filed a lawsuit against New York City to block enforcement of a new law that limits when it can deactivate drivers. The company argues the law threatens rider safety and violates its constitutional rights. The case centers on how much control ride hailing platforms can retain over driver access to their apps. For investors watching NYSE:UBER, this dispute goes to the core of how the company runs its ride hailing marketplace. Uber operates a global platform...