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Alphabet (GOOG, GOOGL) and its Google unit are facing a fine of about 4.13 billion euros ($4.71 bill

(Bloomberg) -- Investors in SpaceX have been largely flying blind since the company’s record-breaking IPO last month, with few financial projections to help determine what the stock is actually worth. Most Read from BloombergExxon to Change Name for First Time in Decades After RedomicileMeta Is Planning a Cloud Business to Sell AI Computing PowerKrafton Agrees to Pay ‘Subnautica 2’ Bonuses as Developer’s CEO ResignsUS Decides Against Renewing USMCA, Shifting to Rolling TalksSpaceX IPO Left Mirae

Alphabet's Google lost a lengthy battle to overturn a fine of about $4.69 billion imposed by the European Union over its Android operating system. The bloc's top court today upheld the fine, settling a yearslong dispute over how Google utilizes its position to direct users to its own search engine on devices like smartphones.

Alphabet’s Google lost a lengthy battle to overturn the penalty—the largest the EU has handed the company in its efforts to curb Google’s online dominance.

Alphabet's Google on Thursday lost its fight against a record fine imposed by ‌EU antitrust regulators eight years ago for using its Android mobile operating ‌system to block rivals, a court ruling likely to boost Europe's crackdown on Big Tech. The European ​Commission had originally handed out a €4.34 billion fine to Google in 2018 for its agreements which forced phone manufacturers to pre-install Google Search, the Chrome browser and the Google Play app store on their Android devices and prevented them from using rival ‌Android systems. Google then appealed ⁠to the Luxembourg-based Court of Justice of the European Union, Europe's highest.

(Bloomberg) -- SoftBank Group Corp. and its telecom unit will start renting AI computing resources to US companies next fiscal year in a bid to capitalize on the company’s growing pipeline of data center projects.Most Read from BloombergMeta Is Planning a Cloud Business to Sell AI Computing PowerExxon to Change Name for First Time in Decades After RedomicileKrafton Agrees to Pay ‘Subnautica 2’ Bonuses as Developer’s CEO ResignsUS Decides Against Renewing USMCA, Shifting to Rolling TalksSpaceX IP

Getting bumped from the Dow says nothing about whether a dividend is worth owning.

Tokens are the currency of the AI age, but no one can figure out what they’re ultimately worth. Customers are confused and Wall Street is puzzled.

Broadcom Inc. (NASDAQ:AVGO) is among the Best Fundamental Stocks. On June 3, The Wall Street Journal reported Broadcom Inc. (NASDAQ:AVGO) shares had plummeted despite stronger quarterly revenue and earnings. The report said the company’s results and guidance failed to meet the expectations of some investors. The semiconductors and infrastructure software firm posted Q2 revenue of $22.19 […]

In the absence of a data-center category, Amazon, Microsoft, and Google facilities have been approved as ordinary building projects under India’s environmental policy.

Big Tech's mega-cap leaders suffered their worst month in years this June as investors fled the AI-spending trade and capital quietly rotates elsewhere.View on euronews

Most tech stocks are having another great year, leading to worries that market-tracking index funds are overvalued and far too concentrated. Here are five defensive sectors—and 13 funds—that can provide protection.

Tech stocks now account for 39% of the S&P 500 and were the primary drivers of the $1.7 trillion Vanguard S&P 500 ETF’s 15% return.

Numerous AI stocks are hot today, but not all of them are ideal for long-term investors.

Greg Abel took over as Berkshire Hathaway's chief executive on January 1, and he wasted very little time in rewriting the conglomerate's investment playbook. In the first quarter alone, he exited 16 positions entirely, shrinking the portfolio from 42 holdings to 29, according to Berkshire's ...

The EU's top court will decide Thursday whether to uphold a record 4.1 billion euro ($4.7 billion) fine the bloc slapped on Google for anti-competitive practices related to its Android operating system.The commission, the EU's antitrust regulator, had accused Google of abusing the popularity of its Android operating system to restrict competition.

The AI boom created a ton of winners on Wall Street. However, it also created an incredibly unforgettable story for workers. Tech behemoth Microsoft (MSFT) is reportedly preparing a fresh round of layoffs, according to Business Insider, in a move that could be announced as early as next ...

Vanguard’s tech ETF sells itself on cost. At 0.09%, Vanguard Information Technology Index Fund ETF (NYSEARCA:VGT) sits near the floor of sector ETF pricing. That headline number is real. It is also the least interesting cost in the fund. What You Are Actually Paying The sticker fee reflects the fund’s 0.09% net expense ratio disclosed ... VGT’s 0.09% Fee Hides a Bigger Problem: Overlap Costs That Could Add Up to Tens of Thousands

The biggest long-term winners of the AI revolution may be the companies supplying the compute, power, cooling, deployment, and data infrastructure that every AI model depends on.

The company has booked a future nearly ten times its current size, but now comes the hard part: building it.

Long known for its high-priced professional software, the company is now chasing billions of mainstream users. This strategic pivot is already showing results, with Creative Freemium MAU growing from 50 million to 90 million in a year. The new aim is to build a comprehensive freemium funnel, a dramatic departure from its historical focus on paid-only tools.

Alphabet Inc. (GOOG) concluded the recent trading session at $357.89, signifying a +1.29% move from its prior day's close.

Meta’s possible cloud business gives investors another way to evaluate whether its AI infrastructure buildout can support future returns.

Technology stocks may have more room to run than energy shares as AI spending remains strong and oil prices retreat.

Trump Accounts are here. Yahoo Finance Senior Reporter Jennifer Schonberger joins Market Domination Overtime to break down the key ETFs expected to play a central role in the new child savings accounts and what they could mean for long-term investors.

Shares of online community and discussion platform Reddit (NYSE:RDDT) jumped 12% in the afternoon session after optimism continued around its AI data-licensing leverage (it's pushing Google and OpenAI for higher, "dynamic" pricing on 2027 renewals), layered on a strong risk-on session for internet and advertising names.

(Updates with index/price moves, macroeconomic data and geopolitical news from the first paragraph.)

Stocks fell as Meta buzz hit SpaceX, Micron and many AI stocks. Tesla is near a buy point with deliveries due. The June jobs report also is on tap.

Meta shares soared nearly 9% Wednesday on a report that the company is wading into the business of selling cloud computing services and access to AI models.

(Updates with market moves at the end of the day.) The Dow Jones Industrial Average snapped its r