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Alphabet (NASDAQ: GOOG) Stock Falls 3.79% on July 16: What Investors Need to Know
Alphabet (NASDAQ: GOOG) came under renewed selling pressure on July 16, 2026, with its Class C shares declining 3.79% during the trading session. The move stood out because the broader Software & IT Services sector gained 0.82%, highlighting company-specific concerns rather than a broad technology selloff. Investors closely watched regulatory developments, AI competition, and changing…
S&P 500, Nasdaq Composite Drift Sideways as $3.2 Trillion Shifts From Chip Stocks to Magnificent Seven
The S&P 500 has traded in a tight range for months. Beneath that calm surface, $3.2 trillion has rotated between the Magnificent Seven and chip stocks outside Nvidia. This massive shift has largely canceled itself out at the index level. Traders are watching closely as earnings season could finally break the stalemate. The Nasdaq Composite…
Hyundai Motor to Make Boston Dynamics a Wholly Owned Unit by Buying SoftBank Stake
Hyundai Motor Group is finalizing full ownership of Boston Dynamics this month. The automaker will buy SoftBank Group’s remaining 9.65% stake for $325 million. This move ends a multi-year ownership arrangement dating back to 2021. Hyundai originally paid $880 million for an 80% controlling stake that year. The deal values Boston Dynamics at a far…
Hardee’s Franchisee Files Chapter 11 as 59 Stores Face Closure Risk
Hardee’s franchisee Superior Star files Chapter 11 bankruptcy on July 9, putting 59 stores at risk across 10 states due to a $7.04 million seller financing dispute and hidden liabilities from its 2023 acquisition.
Google Maps 3D Immersive View Rolls Out to Android Auto on July 15
Google Maps Immersive Navigation arrives on Android Auto with 3D buildings, real lane markings, and AI-powered voice guidance. The biggest navigation update in a decade launches July 15, 2026.
Alphabet (NASDAQ: GOOG) Urges EU Court to Uphold Ruling That Scrapped $1.7 Billion Google Antitrust Fine
Alphabet unit Google urged the EU’s top court on Wednesday, July 15, 2026, to dismiss antitrust regulators’ appeal against a ruling that scrapped a €1.49 billion ($1.7 billion) fine. The dispute centers on Google’s AdSense advertising platform and reached the Court of Justice of the European Union after the European Commission appealed a 2024 General…
Mowi (OSE: MOWI) Shares Rise 3.4% as Q2 Salmon Harvest Tops Guidance and EBIT Climbs 23%
Mowi shares rose 3.4% Wednesday after the salmon farmer’s Q2 trading update beat expectations. Mowi reported operational EBIT of EUR 231 million, up 23% from EUR 189 million. The company harvested 150,000 tonnes during the quarter, a record for any second quarter. That volume topped Mowi’s own guidance of 140,000 tonnes by a wide margin. …
SpaceX Loses Momentum: Stock Falls to $136.08 After $850 Billion Value Wipeout
SpaceX shares fell to $136.08 Tuesday, extending a brutal slide since its June IPO. The stock has now dropped roughly 39.7% from its June 16 peak of $225.64. That decline has erased close to $850 billion in market value. SpaceX debuted on Nasdaq June 12, 2026, pricing shares at $135 in the largest IPO ever. …
SpaceX Stock Drops Below $140 as Post-IPO Volatility Persists
SpaceX stock sinks to $139.14, down 4.2% Monday and 13.6% since IPO. Analysts debate whether AI compute deals and Starlink expansion justify the $1.8 trillion valuation.