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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.

Vimeo owner Bending Spoons heads for US market debut after $1.68 billion IPO
Reuters48d agoneutral
Vimeo owner Bending Spoons heads for US market debut after $1.68 billion IPO

Bending Spoons is set for its U.S. market debut later on Wednesday after the Italian technology company priced its initial public offering above ‌the range to raise $1.68 billion. The listing will test investor appetite for software companies after ‌the industry was hammered earlier this year over fears that AI could disrupt established business models. Software companies have been ​largely absent from the U.S. IPO market so far in 2026, even as a steady flow of large deals and SpaceX's blockbuster listing pushed second-quarter proceeds past a record-breaking $100 billion.

US futures edge lower as investors await Warsh remarks and key economic data: Dow Jones, S&P, Nasdaq, Wall Street
InvestorsHub48d agoneutral
US futures edge lower as investors await Warsh remarks and key economic data: Dow Jones, S&P, Nasdaq, Wall Street

Markets begin the second half cautiouslyUS stock futures traded lower on Wednesday ahead of the first session of the second half of the year, with investors preparing for comments from Federal Reserve Chair Kevin Warsh, fresh US manufacturing data and ongoing geopolitical developments in the Middle East. By 03:16 ET, Dow Jones futures were down 202 points, or 0.

Wayve courts automakers with AI driving system that learns like humans
Reuters48d agoneutral
Wayve courts automakers with AI driving system that learns like humans

Autonomous-driving startup Wayve is riding a tide of investor interest. The London-based company has pulled in $2.8 billion from a roster of investors and strategic partners that includes big names across the technology and automotive sectors, from Nvidia to Mercedes-Benz and Nissan. In June, Wayve said it will deploy its system in robotaxis ‌from Jeep maker Stellantis, to go on Uber's ride-hailing network.

Small-Engine Makers Gain Big Momentum in Data Centers
The Wall Street Journal48d agoneutral
Small-Engine Makers Gain Big Momentum in Data Centers

A few years ago, the idea of using hundreds of small engines to power gigawatts of data-center capacity would have seemed ridiculous. More hyperscalers are seeking to hook their data centers to off-grid power, bypassing lengthy wait times to connect to the grid. Many of them are looking to smaller natural-gas turbines that have shorter wait times than the heavy-duty ones.

Verizon pays BT $625M in telecom shakeup
TheStreet48d agoneutral
Verizon pays BT $625M in telecom shakeup

BT Group spent more than 18 months looking for a buyer for its international business. Nobody bit. So BT did something different: It gave half of its international business to Verizon and kept the other half. BT and Verizon announced on June 29 that they signed an agreement to combine their ...