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By Supantha Mukherjee STOCKHOLM, July 1 (Reuters) - A Swedish court on Wednesday ordered Alphabet's Google to pay about $1.5 billion in damages to PriceRunner, the price comparison business owned by
The deal would nearly triple the size of CEVA Logistics' North American contract logistics operations and includes multiyear air and ocean freight agreements
Tech bull Dan Ives of Wedbush initiated coverage of SpaceX with an Outperform rating and a $190 price target, weighing in on a stock that has whipsawed investors in the three weeks since its record-setting initial public offering. Ives sees SpaceX as a player in the hyperscaler wars too.
iHeartMedia trades at $4.44 and has moved in lockstep with the market. Its shares have returned 6.9% over the last six months while the S&P 500 has gained 8.5%.
Parents are planning to spend almost $500 per child this back-to-school season, but most won't be shopping at Macy's or Kohl's. Retail giant Walmart is the overwhelming first choice as consumers prioritize value and convenience. Despite rising prices driven by inflation and the high cost of ...
BYD continues its comeback, after a tough start to the year, according to new data. Other Tesla rivals like XPeng and Xiaomi also had a strong June.
OUST shares closed at $62.52 on June 30, 2026, extending a 189% year-to-date gain driven by Rev8 lidar compliance with federal infrastructure funding rules and a string of new partnership agreements.
A Wall Street analyst upgraded Fox stock to buy, saying its drop on the Roku acquisition news was an overreaction.
Bank of America CEO Brian Moynihan says a recession is not coming despite his firm predicting three Federal Reserve rate hikes and inflation through 2028.
Three months ago, Goldman Sachs was warning clients that the U.S. economy had a one-in-four chance of tipping into recession. The bank just cut that number by 10 percentage points, and the reason has nothing to do with anything the Federal Reserve did. Goldman Sachs chief economist Jan Hatzius ...
Investing.com -- Sony Interactive Entertainment dealt the physical gaming market a landmark blow on Wednesday, announcing that disc production for all new PlayStation games will cease in January 2028, a watershed moment for console gaming. The company's own data shows that nearly four in five full-game purchases on PS4 and PS5 were made digitally over the past year, providing the commercial rationale for a policy that applies to every publisher, not just Sony's first-party titles.
FedEx is selling off its supply chain services division to CMA CGM, which will fold the business into its Ceva Logistics subsidiary. The post FedEx sells supply chain unit to CMA CGM for $1.4B appeared first on FreightWaves.
U.S. stocks were in the red, with the Nasdaq composite retreating the most after U.S. stocks closed out a blockbuster quarter with a bang.
Costco has built itself a loyal following by giving members access to bulk bargains nearly every day of the year. And it's clear that members are more than willing to pay their annual fees for Costco access. During Costco's third quarter 2026 earnings call, the company reported $1.37 billion in ...
Investing.com -- A reported draft ban on Chinese solar inverter imports could provide a marginal boost to Enphase Energy and SolarEdge Technologies, though Goldman Sachs said the practical implications are more significant for the utility-scale market than residential applications.
A Swedish court determines the Alphabet-owned tech giant favored its own shopping service in search results.
CMA CGM will offer ocean transport and carrier services under a nonexclusive agreement with FedEx and the companies will also work together on select air-cargo capacity solutions.
Goldman Sachs, Wells Fargo, and Citigroup all passed the Fed's 2026 stress tests and plan dividend increases of up to 12%, with yields ranging from roughly 1.9% to 2.4%.
The Patent and Market Court in Stockholm ruled Google unlawfully favored its own shopping comparison service, though the award fell well short of what PriceRunner sought
Sony said on Wednesday it will stop producing physical discs for all new games released on PlayStation consoles from January 2028, marking a full shift to digital distribution as consumer purchases continue to move online. Digital downloads accounted for about 80% of Sony's full-game software sales in fiscal 2025, according to the company, reflecting a years-long shift toward digital game purchases. The Japanese entertainment and technology company said new PlayStation titles released from January 2028 will be sold through the PlayStation Store and by retailers in digital formats only.
Comcast is set to announce its second-quarter results this month, with analysts forecasting double-digit decline in its bottom-line figure.
Alcoa expands upstream portfolio with major South32 dealShares of Alcoa Corporation (NYSE:AA) declined nearly 5% in pre-market trading on Wednesday after the aluminium producer agreed to acquire South32’s bauxite, alumina and aluminium operations in a transaction valued at $4. 1 billion.
FactSet beats Q3'26 earnings and revenue estimates as organic growth, ASV gains, client demand and stronger cash flow offset margin pressure.
In the stock's second week of trading, investors are wondering whether the price swing is an opportunity or a warning.
(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
The French energy company plans to fold Cognite into AVEVA, its industrial software unit, pending regulatory approval
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 […]
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%.
Investing.com -- Wolfe Research has upgraded Fox Corp. to Outperform from Peer Perform in a note on Wednesday, setting a $71 price target and arguing that the company's planned merger with Roku creates a more dynamic growth story than the market is currently pricing in.
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