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Bloomberg48d agoneutral
Sony to End Production of Physical PlayStation Discs in 2028

(Bloomberg) -- Sony Group Corp. will end production of physical discs for its PlayStation video-game consoles starting in January 2028, going all in on a digital approach that will require consumers to download titles from the company’s online storefront moving forward.Most Read from BloombergSpaceX IPO Left Mirae With No Shares on MisunderstandingTrump Reports at Least $1.4 Billion in 2025 Crypto EarningsSupreme Court Backs Birthright Citizenship in Blow to TrumpDemocratic Socialist Ousts 15-Te

Robinhood Markets (HOOD) Fell on Weak Core Earnings
Insider Monkey48d agoneutral
Robinhood Markets (HOOD) Fell on Weak Core Earnings

TimesSquare Capital Management, an equity investment management company, released its “U.S. Mid Cap Growth Strategy” first-quarter 2026 investor letter. A copy of the letter can be downloaded here. The Strategy fell 7.72% (net) in the quarter compared to -6.35% for the Russell Midcap Growth Index. In the first quarter, markets navigated geopolitical tensions and economic resilience alongside […]

Toll Brothers (TOL): Buy, Sell, or Hold Post Q1 Earnings?
StockStory48d agoneutral
Toll Brothers (TOL): Buy, Sell, or Hold Post Q1 Earnings?

Since July 2021, the S&P 500 has delivered a total return of 72.2%. But one standout stock has more than doubled the market - over the past five years, Toll Brothers has surged 179% to $164.09 per share. Its momentum hasn’t stopped as it’s also gained 21% in the last six months thanks to its solid quarterly results, beating the S&P by 12.6%.

Google Must Pay Nearly $2 Billion to Klarna in Antitrust Case
The Wall Street Journal48d agoneutral
Google Must Pay Nearly $2 Billion to Klarna in Antitrust Case

A Swedish court ordered Alphabet’s Google to pay Klarna $1.97 billion in damages after the buy now, pay later company won an antitrust case alleging that the search giant engaged in anticompetitive practices. Klarna’s price-comparison unit, PriceRunner, sued Google in 2022 in Swedish court. PriceRunner alleged Google was giving preferential treatment to its own price-comparison service in its search results.

Micron, GM sign semiconductor supply agreement for vehicles
Reuters48d agoneutral
Micron, GM sign semiconductor supply agreement for vehicles

July 1 () - Micron Technology and General Motors ‌have signed a ‌supply agreement for memory and storage ​platforms used in vehicle production, the companies said on Wednesday. The agreement comes ‌at ⁠a time when automakers are looking to ⁠bolster their semiconductor supply chains to help with ​growing computing ​needs ​on modern ‌vehicles.

Bloomberg48d agoneutral
S&P Winning Streak for July at Risk With Volatile End to Month

(Bloomberg) -- July is a great time to buy stocks. In fact, it’s been the best month for the S&P 500 Index in the past two decades. Bulls are finding comfort in that history ahead of what stands to be an eventful stretch.Most Read from BloombergSpaceX IPO Left Mirae With No Shares on MisunderstandingTrump Reports at Least $1.4 Billion in 2025 Crypto EarningsSupreme Court Backs Birthright Citizenship in Blow to TrumpDemocratic Socialist Ousts 15-Term House Incumbent in ColoradoUS Lifts Export Res

Investing.com48d agoneutral
Klarna pops 6% after crushing Google in $1.97B antitrust verdict

Investing.com -- Klarna Group (NYSE:KLAR) shares jumped 6% on Wednesday following a massive legal victory over Alphabet’s tech monopoly. A Swedish court ruled in favor of Klarna’s subsidiary, PriceRunner, awarding the company a staggering $1.97 billion in antitrust damages. The high-stakes judgment caps off a fierce battle over online shopping dominance, with the court finding that Google illegally choked out competition by manipulating search results to favor its own comparison-shopping service

The Safest Dividend Plays of 2026: 5 High-Yield, Low-PE Dividend Aristocrats
24/7 Wall St.48d agoneutral
The Safest Dividend Plays of 2026: 5 High-Yield, Low-PE Dividend Aristocrats

The S&P 500 is up about 10% this year, yet 80% of that gain comes from technology stocks, many of which are tied to artificial intelligence. With interest rates and energy prices spiraling higher, and inflation clearly not under control, those willing to put any new money to work in stocks should likely be extremely ... The Safest Dividend Plays of 2026: 5 High-Yield, Low-PE Dividend Aristocrats

Joby, Toyota form electric air taxi joint venture
Manufacturing Dive48d agoneutral
Joby, Toyota form electric air taxi joint venture

The new entity is part of the companies’ strategic alliance that has been in the works since 2024, which aims to support the certification and commercial production of Joby’s eVTOL aircraft.

💬 Money Quote: Nike CEO
The Wall Street Journal48d agoneutral
💬 Money Quote: Nike CEO

📣 "We have to get back to growth in China. We have to be more premium and culturally relevant, and we have to lead with sport." —Nike CEO Elliott Hill, who has been leading a turnaround plan at the company, after its latest earnings report fell flat with investors.

Spencer Jakab | Ignore the Yen at Your Peril
The Wall Street Journal48d agoneutral
Spencer Jakab | Ignore the Yen at Your Peril

The Japanese yen is at a 40-year low. That doesn’t have the attention of most U.S. tech investors, but maybe it should. A mere market tremor in Japan two years ago sent the Nasdaq tumbling. Read more in today's Markets A.

Swedish court orders Google to pay $1.5 billion to Klarna in antitrust damages
Reuters48d agoneutral
Swedish court orders Google to pay $1.5 billion to Klarna in antitrust damages

A Swedish court on Wednesday ordered Alphabet's Google to pay about $1.5 billion in antitrust damages ‌to PriceRunner, the price comparison business owned by payments platform Klarna. The ‌award, equivalent to around 14.3 billion Swedish crowns, comes amid growing scrutiny of U.S. Big ​Tech companies in Europe. It is the largest award by a Swedish court in a competition case, though well below the 78 billion crowns PriceRunner had sought, including accrued interest.