- 2d ago
Advocate General urges Court of Justice to reverse annulment of Google's €1.49B AdSense fine
Advocate General Juliane Kokott recommended on Thursday, 12 November 2026, that the EU Court of Justice overturn the General Court's annulment of Google's €1.494 billion AdSense fine. Google says the General Court ruled correctly and wants the case closed.
- Oct 29
Amazon shares fall as negative free cash flow widens on $220bn AI spending plan
Amazon reported negative free cash flow of $42.4 billion over the 12 months to 30 September, and its shares dropped in after-hours trading. The company expects cash capital spending of $220 billion in 2026.
- Oct 28
Alphabet shares fall over 12% as AI search cuts Google ad revenue
Alphabet's shares closed down over 12% on Thursday, 29 October 2026, after third-quarter results showed weaker search advertising revenue, lower profit and negative free cash flow.
- Oct 28
Fed holds rates at 3.75-4% with two dissents for a hike, Wall Street ends higher
The Federal Reserve kept its benchmark rate at 3.75-4% on 28 October, with two committee members voting for a hike. September CPI inflation reached 3.7%, and Alphabet shares swung after a weak quarterly report.
- Oct 28
OpenAI reportedly plans to buy Google TPUs as Oracle adds them to its cloud
The Information reported that OpenAI intends to buy Google's tensor processing units, while Oracle said it will offer the same chips through its cloud from 2027. The financial terms of the OpenAI purchase have not been disclosed.
- Oct 28
Stellantis posts 217 million euro nine-month profit as Milan shares jump
Stellantis reported a net profit of 217 million euros for January to September 2026, against a loss of 6,788 million a year earlier, and its shares rose nearly 15% in Milan on 28 October.
- Oct 6
Google signs 3,590 MW power deal with Constellation to expand nuclear output
Google has contracted 3,590 megawatts of electricity from Constellation Energy, unlocking more than $4.3 billion to upgrade 11 nuclear units across the PJM grid footprint.
