Category: Top Story

The European Union has initiated a formal antitrust probe into Alphabet’s (NASDAQ:GOOG) Google, examining whether the company’s conduct in the artificial intelligence space may be harming competition. In a statement released Tuesday, the European Commission said it is assessing whether Google has been imposing unfair terms on publishers and content creators, potentially restricting their ability…

Apple (NASDAQ:AAPL) is seeing weakening iPhone purchase intent in the U.S., according to new data from UBS Evidence Lab, even as interest in China unexpectedly improved. The survey, which gathered responses from more than 7,500 smartphone users across five major markets, found that 12-month U.S. iPhone purchase intent slid by roughly 400 basis points to…

Chipotle Mexican Grill (NYSE:CMG) climbed 2.5% on Monday after disclosing that its Board of Directors approved another $1.8 billion for share repurchases. According to the company’s SEC filing, the authorization—approved on December 4—brings Chipotle’s total remaining buyback capacity to roughly $1.85 billion as of December 5. The move signals a shift in Chipotle’s capital-return strategy.…

Meta (NASDAQ:META) will roll out a new choice for Facebook and Instagram users in the European Union, allowing them to access versions of the platforms that feature less personalized advertising, the European Commission announced. Under the plan, EU users will be presented with a clear choice: they may either consent to sharing their full data…

U.S. President Donald Trump weighed in Sunday on Netflix’s (NASDAQ:NFLX) proposed $72 billion acquisition of Warner Brothers Discovery’s (NASDAQ:WBD) film studio and HBO streaming business, suggesting the size of the combined company might draw scrutiny. Speaking at an event in Washington, D.C., Trump pointed to Netflix’s already dominant position in entertainment and noted that expanding…

A busy week lies ahead for global markets, dominated by the Federal Reserve’s policy meeting, renewed efforts toward a potential Russia-Ukraine peace agreement, a wave of corporate earnings, and several central bank decisions. Here are the main developments investors will be tracking. 1. Fed decision takes center stage All eyes will turn to Washington, D.C.,…

Alphabet (NASDAQ:GOOG) may be on the verge of unlocking a major new revenue engine as fresh supply chain checks point to a surge in production of its in-house Tensor Processing Units (TPUs), according to Morgan Stanley. Analyst Brian Nowak said the latest readouts from Asia indicate that “TPU supply uncertainty may be less of a…