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Forget Nvidia: Is Google Quietly About to Steal the Crown as the World’s Most Valuable Company?
24/7 Wall St.36d agoneutral
Forget Nvidia: Is Google Quietly About to Steal the Crown as the World’s Most Valuable Company?

NVIDIA (NASDAQ:NVDA) still wears the crown as the world’s most valuable company at roughly $4.78 trillion, and every AI headline runs through it. But look at what has been happening while everyone else stares at the headline. NVIDIA fell 12% in the past month, while Google (NASDAQ:GOOG) at a market cap of $4.38 trillion keeps ... Forget Nvidia: Is Google Quietly About to Steal the Crown as the World’s Most Valuable Company?

OpenAI Has a Plan for IPO Success: Get Trump Involved
Barrons.com36d agoneutral
OpenAI Has a Plan for IPO Success: Get Trump Involved

OpenAI already has a lineup of impressive investors ahead of its eagerly awaited initial public offering. OpenAI has talked about offering a 5% ownership stake to the U.S. government, potentially via a sovereign wealth fund, the Financial Times reported Thursday, citing people familiar with the talks. There would be a couple of potential benefits for OpenAI if the Trump administration were among its investors.

A Strategist Says Big Tech Is ‘Completely Underappreciated’ With a PEG Under 1 as Everyone Bails
24/7 Wall St.36d agoneutral
A Strategist Says Big Tech Is ‘Completely Underappreciated’ With a PEG Under 1 as Everyone Bails

Venu Krishna went on CNBC’s Closing Bell Overtime on June 30 and argued that the money fleeing Big Tech is running the wrong direction. His pitch: a PEG ratio below 1 for the Mag 7 excluding Tesla, roughly 30% earnings growth in Q1, and multiples that have already been marked down. “Everybody, when they think ... A Strategist Says Big Tech Is ‘Completely Underappreciated’ With a PEG Under 1 as Everyone Bails

3 Top AI Stocks to Buy in July
24/7 Wall St.36d agobullish
3 Top AI Stocks to Buy in July

AI infrastructure spending is still the defining trade of 2026, but the leadership inside the trade keeps rotating. June reminded investors of that NVIDIA (NASDAQ:NVDA) slid nearly 12% over the past month, Microsoft (NASDAQ:MSFT) dropped nearly 17% and Broadcom (NASDAQ:AVGO) gave back nearly 20%. That pullback is the setup. Three names continue to compound the ... 3 Top AI Stocks to Buy in July

Italy's Intesa shifts core IT banking systems to Google's cloud technology
Reuters36d agoneutral
Italy's Intesa shifts core IT banking systems to Google's cloud technology

Italy's biggest bank Intesa Sanpaolo on Thursday said it had completed the cloud migration of its ‌core IT systems, joining a handful of European banks that have ‌managed to move away from legacy technology. Replacing existing core IT infrastructure, known as ​mainframes, with cloud technology poses a major challenge to traditional banks. Legacy systems, often comprising multiple software stacks accumulated over time due to mergers, put high-street banks at a disadvantage versus cloud-native, challenger banks.

Top EU court dismisses Google appeal of $4.5 billion antitrust fine
Associated Press36d agobearish
Top EU court dismisses Google appeal of $4.5 billion antitrust fine

Judges at the European Union's top court dismissed an appeal by Google over a landmark, 4.1 billion euro ($4.5 billion) antitrust fine imposed for throttling competition and reducing consumer choice through the dominance of its mobile Android operating system. The case has been tangled up in courts since the European Commission announced the fine in 2018. “The appeal brought by Google and its parent company Alphabet against the judgment of the General Court is dismissed, thereby confirming the penalty imposed for Google Search’s abuse of a dominant position in the context of the Android operating system,” the Luxembourg-based judges wrote in their ruling.

How Axon is replacing guns with tech
Yahoo Finance Video36d agoneutralVIDEO
How Axon is replacing guns with tech

Axon founder and CEO Rick Smith sits down with Yahoo Finance Executive Editor Brian Sozzi to explore the company's wild evolution from a scrappy garage startup into a $40 billion public safety tech empire driven by tasers, AI, and drones, all united under a moonshot mission to make the bullet obsolete.

EU top court dismisses Google fight against record €4.1 billion EU fine
Reuters Videos36d agobearishVIDEO
EU top court dismisses Google fight against record €4.1 billion EU fine

<body><p>STORY: Google on Thursday lost its fight against a record fine imposed by EU antitrust regulators eight years ago.</p><p>It was fined for using its Android mobile operating system to block rivals...</p><p>Thursday's court ruling is likely to boost Europe's crackdown on Big Tech.</p><p>The European Commission had originally handed out a $4.95 billion fine to Google...</p><p>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.</p><p>And prevented them from using rival Android systems.</p><p>A lower tribunal reduced the fine in 2022.</p><p>Google then appealed to the Luxembourg-based Court of Justice of the European Union, Europe's highest.</p><p>But the court sided with the EU antitrust enforcer.</p><p>A Google spokesperson said the judgment failed to take into account its efforts to ensure Android is open, interoperable and free.</p><p>Google has racked up close to $12.6 billion in EU fines in the last decades for various antitrust infringements.</p></body>

Stocks to Watch: Alphabet, Micron, Strategy
The Wall Street Journal36d agoneutral
Stocks to Watch: Alphabet, Micron, Strategy

↘️ Alphabet Inc. Cl A (GOOGL): Shares slipped premarket after Google lost a lengthy legal battle to overturn an EU fine of about $4.69 billion over its Android operating system. ↘️ Samsung Electronics (KR:005930), SK Hynix (KR:000660), Kioxia (JP:285A): The Asian memory-chip makers slumped, dragging down South Korea's Kospi and Japan's Nikkei 225 indexes.

Bloomberg37d agoneutral
SpaceX Analyst Debut Set to Test $2.2 Trillion Valuation

(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

Google Loses Fight to Overturn $4.7 Billion EU Fine
The Wall Street Journal37d agoneutral
Google Loses Fight to Overturn $4.7 Billion EU Fine

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.

Google loses fight against record €4.1 billion EU antitrust fine
Reuters37d agoneutral
Google loses fight against record €4.1 billion EU antitrust fine

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.

Bloomberg37d agoneutral
SoftBank Plans AI Cloud Services in US to Tap Surging Demand

(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

Broadcom Inc. (AVGO) Shares Slide Despite Jump in Revenue
Insider Monkey37d agobullish
Broadcom Inc. (AVGO) Shares Slide Despite Jump in Revenue

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 […]