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Google faces 5 billion pound UK lawsuit for abusing dominance in online search

Google faces 5 billion pound UK lawsuit for abusing dominance in online search

By Paul SandleLONDON (Reuters) -Alphabet’s Google (NASDAQ:GOOGL) is being sued in Britain for potential damages of up to 5 billion pounds ($6.6 billion) in a class action alleging the company abused its dominant market position in the online search industry.The class action, filed at the Competition Appeal Tribunal on Tuesday, argues that Google’s actions enabled it to charge higher prices for ...

2025-04-16 23:34:02
Moderna, Novavax shares dip as CDC panel suggests limiting COVID shot updates

Moderna, Novavax shares dip as CDC panel suggests limiting COVID shot updates

Investing.com -- Shares of vaccine manufacturers Moderna (NASDAQ:MRNA) and Novavax (NASDAQ:NVAX) experienced slight declines in early trading on Wednesday, with Moderna down 1% and Novavax falling 1.3%. This comes as an external panel of experts to the U.S. Centers for Disease Control and Prevention (CDC) proposed a change in vaccination recommendations on Tuesday.The panel suggested that upda ...

2025-04-16 23:33:04
Nvidia, AMD, Tesla, Alphabet fall premarket; United Airlines rises

Nvidia, AMD, Tesla, Alphabet fall premarket; United Airlines rises

Investing.com -- U.S. stock futures slipped lower Wednesday, with the earnings season continuing and investors awaiting more retail sales data and a speech from Fed chair Jerome Powell.Here are some of the biggest premarket U.S. stock movers today:Nvidia (NASDAQ:NVDA) stock fell 6.7% after the semiconductor giant said it would be hit by $5.5 billion in charges following a Commerce Department decis ...

2025-04-16 23:31:21
Piper Sandler clips Tesla price target, expects Q1 print to be a ’non-event’

Piper Sandler clips Tesla price target, expects Q1 print to be a ’non-event’

Investing.com -- Piper Sandler has trimmed its price target on Tesla (NASDAQ:TSLA) shares to $400 from $450 as the brokerage expects the carmaker to deliver an underwhelming first-quarter report.The firm’s analysts believe the upcoming print will be a “non-event, at best,” unless Tesla provides specific updates on future vehicle platforms or its robo-taxi ambitions.The downward revision come ...

2025-04-16 23:30:20