Potentially impacting all AI search engines and chatbots known to poorly paraphrase source links, a German court has ruled that Google is liable for false statements in AI Overviews. The preliminary ruling came in a case flagged by The Decoder , where two publishers found that Google's AI Overviews incorrectly linked them to scams and other sketchy business practices. After smearing publishers by ...
Potentially impacting all AI search engines and chatbots known to poorly paraphrase source links, a German court has ruled that Google is liable for false statements in AI Overviews. The preliminary ruling came in a case flagged by The Decoder , where two publishers found that Google's AI Overviews incorrectly linked them to scams and other sketchy business practices. After smearing publishers by making affirmative statements like "Yes, [it] is known for dubious business practices and is often perceived as a scam," Google failed to correct the misleading output, even after the publishers sent a cease-and-desist letter earlier this year. Google tried the usual arguments to shield itself from liability for false statements in AI Overviews, such as arguing that most users understand that AI outputs aren't always accurate and must be verified. Read full article Comments
Rivian (NASDAQ: RIVN) launched the vehicle that it has said for some time will be the key to its future. The R2 SUV is much less expensive than its current models. The base model (Launch Package) will cost about $58,000. The Rivian website put the price at $44,990. However, each is lower than Rivian’s two ... Rivian’s Most Important Product Launches And The Stock Falls Apart
Rivian (NASDAQ: RIVN) launched the vehicle that it has said for some time will be the key to its future. The R2 SUV is much less expensive than its current models. The base model (Launch Package) will cost about $58,000. The Rivian website put the price at $44,990. However, each is lower than Rivian’s two ... Rivian’s Most Important Product Launches And The Stock Falls Apart
The S&P 500 Index ($SPX ) (SPY ) today is down -0.61%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.88%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.80%. June E-mini S&P futures (ESM26 ) are down -0.71%, and June E-mini Nasdaq futures...
The S&P 500 Index ($SPX ) (SPY ) today is down -0.61%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.88%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.80%. June E-mini S&P futures (ESM26 ) are down -0.71%, and June E-mini Nasdaq futures...
July WTI crude oil (CLN26 ) today is up +1.33 (+1.51%), and July RBOB gasoline (RBN26 ) is up +0.0601 (+2.01%). Crude oil and gasoline prices are sharply higher today after the US and Iran exchanged strikes overnight, which could derail the peace process and keep the Strait of Hormuz...
July WTI crude oil (CLN26 ) today is up +1.33 (+1.51%), and July RBOB gasoline (RBN26 ) is up +0.0601 (+2.01%). Crude oil and gasoline prices are sharply higher today after the US and Iran exchanged strikes overnight, which could derail the peace process and keep the Strait of Hormuz...
Wall Street has been fixated on the stock market debut of Elon Musk ’s SpaceX . The rocket-and-AI company’s initial public offering on June 12 is set to be the largest in history. For many regular investors whose main holdings tend to be in publicly traded securities, this will be the first opportunity to include SpaceX in their portfolios. Even those who would prefer to sit on the sidelines are l...
Wall Street has been fixated on the stock market debut of Elon Musk ’s SpaceX . The rocket-and-AI company’s initial public offering on June 12 is set to be the largest in history. For many regular investors whose main holdings tend to be in publicly traded securities, this will be the first opportunity to include SpaceX in their portfolios. Even those who would prefer to sit on the sidelines are likely to have some exposure. That’s because stock funds that track the Nasdaq-100 and other major indexes will be required to add SpaceX to their holdings. And due to recent rule changes, some indexes will include SpaceX much sooner than they would have in the past. Here’s what to know about how everyday investors might be affected by the SpaceX IPO. How will SpaceX wind up in many investors’ portfolios? Index-tracking funds have proliferated for decades by offering market-like returns at a lower cost. When an IPO such as SpaceX’s is added to a major benchmark, index funds are mandated to follow by buying the shares. SpaceX won’t be included in the most prominent stock index, the S&P 500, immediately after the IPO. That’s because the index’s owner, S&P Dow Jones Indices, recently opted to stick with its policy requiring a waiting period of at least one year for inclusion — and only after a newly listed company has met certain criteria, including profitability. SpaceX could be added to other S&P indexes. But other index owners including Nasdaq and FTSE Russell are set to add SpaceX within weeks of the public listing, thanks to recent rule changes that give investors faster access to high-profile stocks. Investment management companies such as Vanguard and BlackRock whose funds track stock indexes will be forced to buy SpaceX shares, adding the company to the personal investments and retirement accounts of tens of millions of Americans. Plenty of investors will probably welcome having a stake in Musk’s company for his ambition to dominate transformative industries including A...
NVIDIA Corporation (NASDAQ:NVDA) is among the Top 10 Unstoppable Growth Stocks to Invest In. On June 7, Reuters reported that NVIDIA Corporation (NASDAQ:NVDA) and South Korea’s SK Group are expected to announce a cooperation plan. This move comes after meetings between CEO Jensen Huang and SK Group chairman Chey Tae-won in Seoul. According to Reuters, […]
NVIDIA Corporation (NASDAQ:NVDA) is among the Top 10 Unstoppable Growth Stocks to Invest In. On June 7, Reuters reported that NVIDIA Corporation (NASDAQ:NVDA) and South Korea’s SK Group are expected to announce a cooperation plan. This move comes after meetings between CEO Jensen Huang and SK Group chairman Chey Tae-won in Seoul. According to Reuters, […]
The shares of Broadcom Inc. (NASDAQ:AVGO) have fallen more than 20% since the company reported its fiscal Q2 2026 results. However, analysts expect the company to grow its EPS by more than 50% over the next 5 years, making it one of the Top 10 Unstoppable Growth Stocks to Invest In. According to a June […]
The shares of Broadcom Inc. (NASDAQ:AVGO) have fallen more than 20% since the company reported its fiscal Q2 2026 results. However, analysts expect the company to grow its EPS by more than 50% over the next 5 years, making it one of the Top 10 Unstoppable Growth Stocks to Invest In. According to a June […]
SpaceX ’s initial public offering has attracted demand for more than four times the available shares, according to people familiar with the matter, ahead of the Elon Musk -led rocket, satellite and artificial intelligence firm stopping taking orders. The banks are expected to stop taking orders from institutional investors after the market closes in New York at 4 p.m. on Wednesday, people familiar...
SpaceX ’s initial public offering has attracted demand for more than four times the available shares, according to people familiar with the matter, ahead of the Elon Musk -led rocket, satellite and artificial intelligence firm stopping taking orders. The banks are expected to stop taking orders from institutional investors after the market closes in New York at 4 p.m. on Wednesday, people familiar with the matter have said. SpaceX’s IPO is set to price June 11 and trade the following day. The company is offering 555.6 million shares at a fixed price of $135 each, which would raise about $75 billion, and value it at about $1.8 trillion. Orders are still being taken and details could change, the people said, asking not to be identified as the information isn’t public. A representative for SpaceX didn’t immediately respond to a request for comment. The IPO is expected to rank as the biggest ever, topping Saudi Aramco ’s $29.4 billion debut in 2019. OpenAI , whose AI models compete with those from SpaceX’s xAI business, filed confidentially for a listing on Monday, following Anthropic PBC last week. Together with SpaceX, the three companies could add $3.6 trillion of market value to US exchanges, according to Bloomberg calculations. Read More: OpenAI Joins a Massive AI IPO Pipeline Now Worth $3.6 Trillion Goldman Sachs Group Inc. , Morgan Stanley , Bank of America Corp. , Citigroup Inc. and JPMorgan Chase & Co. are leading the deal, with 18 other banks participating. Shares in the company, which is formally known as Space Exploration Technologies Corp. will trade on Nasdaq and Nasdaq Texas under the symbol SPCX. For the latest news on equity capital markets activity in the US, Canada and Latin America, terminal users can follow the channel or visit NI BFWECMUS . To subscribe to ECM Watch , Bloomberg’s daily roundup of news from around the region, click here .
On Friday, June 5, Micron Technology, Inc. (NASDAQ:MU) declined almost 20% due to a sector-wide correction triggered by Broadcom’s earnings. On Thursday, June 4, Broadcom released its fiscal Q2 2026 earnings, in which the company did not raise its full-year AI semiconductor revenue target, thereby sparking a sector-wide concern that AI capital expenditure has plateaued. […]
On Friday, June 5, Micron Technology, Inc. (NASDAQ:MU) declined almost 20% due to a sector-wide correction triggered by Broadcom’s earnings. On Thursday, June 4, Broadcom released its fiscal Q2 2026 earnings, in which the company did not raise its full-year AI semiconductor revenue target, thereby sparking a sector-wide concern that AI capital expenditure has plateaued. […]