While artificial intelligence (AI) has been the driving force behind the current bull market, AI stocks have diverged this year. Not every AI-related company is seeing its stock climb in 2026. A combination of high market expectations and a consideration of longer-term impacts of AI has weighed on many companies' share prices. One AI stock saw its price tumble after the company reported first-quar...
While artificial intelligence (AI) has been the driving force behind the current bull market, AI stocks have diverged this year. Not every AI-related company is seeing its stock climb in 2026. A combination of high market expectations and a consideration of longer-term impacts of AI has weighed on many companies' share prices. One AI stock saw its price tumble after the company reported first-quarter earnings, and not because its financial results were disappointing. Rather, management's relatively rosy outlook wasn't rosy enough for investors. Arista Networks (ANET +3.57%) saw its stock price tumble by a double-digit percentage after its report. But that could be an incredible buying opportunity for long-term investors. Short-term problems The biggest challenge facing Arista Networks right now is its supply chain. It's unable to secure the chips and other components it needs for its high-end networking equipment used in AI data centers. That's put pressure on its gross margin, which management expects to persist for the time being. It also means that supply can't keep up with demand. But because Arista's customer base is highly concentrated, it can't exercise significant pricing power to boost revenue. All this is weighing on the stock, as investors were disappointed with management's full-year outlook following its first-quarter report. Management is typically very conservative at the start of the year, raising its guidance throughout the year. In its first-quarter earnings release, management raised its full-year revenue guidance by a mere $250 million, tied to AI-related revenue. It now expects sales of $11.5 billion in 2026, up 28% year over year, with $3.5 billion coming from artificial intelligence products. But Arista maintains its prominent position as the best-in-class solution for high-speed networking. Its advantage stems from its willingness to use the best components from other companies and package them with its software platform, Extensible Operating...
Key Points This company provides best-in-class networking equipment for data centers. Supply chain issues weighed on its gross margin last quarter, but its backlog grew significantly. The long-term thesis remains intact, and the sell-off looks like a buying opportunity. 10 stocks we like better than Arista Networks › While artificial intelligence (AI) has been the driving force behind the current ...
Key Points This company provides best-in-class networking equipment for data centers. Supply chain issues weighed on its gross margin last quarter, but its backlog grew significantly. The long-term thesis remains intact, and the sell-off looks like a buying opportunity. 10 stocks we like better than Arista Networks › While artificial intelligence (AI) has been the driving force behind the current bull market, AI stocks have diverged this year. Not every AI-related company is seeing its stock climb in 2026. A combination of high market expectations and a consideration of longer-term impacts of AI has weighed on many companies' share prices. One AI stock saw its price tumble after the company reported first-quarter earnings, and not because its financial results were disappointing. Rather, management's relatively rosy outlook wasn't rosy enough for investors. Arista Networks (NYSE: ANET) saw its stock price tumble by a double-digit percentage after its report. But that could be an incredible buying opportunity for long-term investors. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Short-term problems The biggest challenge facing Arista Networks right now is its supply chain. It's unable to secure the chips and other components it needs for its high-end networking equipment used in AI data centers. That's put pressure on its gross margin, which management expects to persist for the time being. It also means that supply can't keep up with demand. But because Arista's customer base is highly concentrated, it can't exercise significant pricing power to boost revenue. All this is weighing on the stock, as investors were disappointed with management's full-year outlook following its first-quarter report. Management is typically very conservative at the start of the year, raising its guidance throughout t...
querbeet/iStock via Getty Images The iShares MSCI France ETF ( EWQ ) is a cheap way to get exposure to a diversified portfolio of high-quality European blue-chip stocks, which have some macro tailwinds to give them earnings power going forward. On the surface, this fund doesn't look too interesting. A Seeking Alpha Quant Rating of Sell and ETF Grades of Bs and Cs. Seeking Alpha Ratings With a P/E ...
querbeet/iStock via Getty Images The iShares MSCI France ETF ( EWQ ) is a cheap way to get exposure to a diversified portfolio of high-quality European blue-chip stocks, which have some macro tailwinds to give them earnings power going forward. On the surface, this fund doesn't look too interesting. A Seeking Alpha Quant Rating of Sell and ETF Grades of Bs and Cs. Seeking Alpha Ratings With a P/E ratio of 17.85x and an Equity Beta vs. the S&P 500 of 0.67, this fund is both cheaper than the US market and adds good diversification properties. iShares Idea Generation Two recent articles made me consider this French investment. First, Sir Chris Hohn was recently profiled in the Financial Times . He is a legendary value investor who holds large concentrated positions. Over 35% of his fund is in three French industrial stocks: Safran, Airbus, and Vinci. Sir Chris is known, like Warren Buffett, to really care about moats, and Safran and Airbus have moats in aerospace, and Vinci has a competitive advantage in infrastructure construction. Together, these three stocks account for about 14% weight in EWQ. Financial Times, May 21 2026 Second, earlier in May, the Financial Times profiled France's state-owned electricity company in an article titled EDF: Europe's Nuclear Hope . The article showed that France has lower electricity costs than the rest of Europe due to nuclear making up a larger proportion of its electricity supply. Financial Times / Energy Institute The chart above shows that France is less reliant on both oil and natural gas and more reliant on nuclear as a source of energy. This should give the country a relative competitive advantage in Europe in the current energy crisis. Financial Times / Eurostat We can also see that France has the lowest electricity costs out of Europe's big economies. Why would this really matter for an exchange-traded fund? Well, for EWQ, nearly 31% of its weight is in industrial stocks. If global energy prices stay elevated, France's indu...
monsitj/iStock via Getty Images Gold futures ended the day and the week with modest losses, pressured by a stronger dollar and fears of higher interest rates as the U.S.-Iran stalemate drags on. Disputes over Iran's uranium holdings and the Strait of Hormuz have kept the outlook for a final peace deal highly uncertain, fueling concerns that sustained high energy prices could raise global inflation...
monsitj/iStock via Getty Images Gold futures ended the day and the week with modest losses, pressured by a stronger dollar and fears of higher interest rates as the U.S.-Iran stalemate drags on. Disputes over Iran's uranium holdings and the Strait of Hormuz have kept the outlook for a final peace deal highly uncertain, fueling concerns that sustained high energy prices could raise global inflation and potentially force the Federal Reserve to raise interest rates. Fed Governor Christopher Waller, who until recently had advocated for lower rates, said Friday he supports making clear that the central bank’s next interest rate move should just as likely be an increase as a cut, as the energy shock from the Middle East war could spark broad inflation. Waller said he wants to be patient in holding rates until the war's impact is clearer but warned that he would not rule out a future hike if inflation fails to start slowing down soon; higher rates typically hurt gold, which pays no interest. Meanwhile, U.S. consumer sentiment sank to a record low as rising gasoline prices caused anxiety over worsening affordability, according to the University of Michigan's final May survey. U.S. consumer sentiment fell to 44.8 this month from 49.8 in April, the survey said Friday, also showing consumers expect prices to rise by an annualized 3.9% over the next 5-10 years, up from 3.5% in April and the highest in seven months. "Iran headlines continue to provide an underlying floor, while stronger yields cap rallies," Sucden Financial analysts said in a note. "The result is a contained, range-bound session where dips attract interest but rallies struggle to extend as the dollar firms." Front-month Comex gold ( XAUUSD:CUR ) for May delivery dropped 0.4% to $4,521.00/oz, and front-month Comex May silver ( XAGUSD:CUR ) slipped 0.7% to $75.893/oz. For the week, gold and silver slid 0.7% and 1.6%, respectively, as both precious metals fell for the second consecutive week. ETFs: ( GLD ), ( GD...
The stock market rebounded for solid weekly gains, with leaders showing bullish action. Tesla is near a buy point along with ASML and several other AI stocks. Here's what to do.
The stock market rebounded for solid weekly gains, with leaders showing bullish action. Tesla is near a buy point along with ASML and several other AI stocks. Here's what to do.
KNOREX Ltd. (NYSE American: KNRX) said on Friday it received a notice from NYSE Regulation stating the company is not in compliance with NYSE American listing standards after failing to file its annual report on Form 20-F for 2025 by the extended deadline of May 15. The company said it is subject to procedures under Section 1007 of the NYSE American Company Guide governing late filings. NYSE Ameri...
KNOREX Ltd. (NYSE American: KNRX) said on Friday it received a notice from NYSE Regulation stating the company is not in compliance with NYSE American listing standards after failing to file its annual report on Form 20-F for 2025 by the extended deadline of May 15. The company said it is subject to procedures under Section 1007 of the NYSE American Company Guide governing late filings. NYSE American will monitor the company’s filing status through November 15, 2026. The exchange may grant an additional six-month cure period through May 15, 2027, or begin suspension and delisting proceedings. KNOREX said the notice has no immediate impact on the listing or trading of its Class A ordinary shares on NYSE American. The company attributed the delay to ongoing preparation, review and compilation of information required for the filing and said it intends to submit the Form 20-F within the initial cure period. Source: Press Release More on Knorex Ltd. Financial information for Knorex Ltd.
DNY59/E+ via Getty Images Investment Thesis WisdomTree U.S. High Dividend Fund ( DHS ) warrants a sell rating due to multiple structural weaknesses that will result in sub-optimal, long-term total returns despite its higher dividend yield. These troublesome factors include high exposure to declining or low-growth industries, inclusion of holdings with high dividend payout ratios, and low exposure ...
DNY59/E+ via Getty Images Investment Thesis WisdomTree U.S. High Dividend Fund ( DHS ) warrants a sell rating due to multiple structural weaknesses that will result in sub-optimal, long-term total returns despite its higher dividend yield. These troublesome factors include high exposure to declining or low-growth industries, inclusion of holdings with high dividend payout ratios, and low exposure to companies with innovative growth. As a result, DHS will underperform leading competitor funds with comparable dividend yields. WisdomTree U.S. High Dividend Fund – Overview and Compared ETFs DHS is a passive ETF that captures an index of U.S. high-yield dividend companies. With its inception in 2006, the fund has 320 holdings and $1.49B in AUM. By sector, DHS is heaviest in financials (21.6%), followed by consumer staples (19.5%), and health care (14.8%). DHS consists mostly of large cap companies at 80.6% weight. For comparison purposes, other funds examined are Schwab U.S. Dividend Equity ETF ( SCHD ) and Vanguard High Dividend Yield Index Fund ETF ( VYM ). SCHD passively tracks an index that is focused on quality, sustainability of dividends, and fundamental strength. I wrote previously on SCHD earlier this year and rated the fund a buy. VYM aims to provide investors with a diversified mix of holdings that are forecast to have above-average dividend yields. DHS Compared: Performance, Expense Ratio, and Dividend Yield Due to their dividend focus, all funds examined underperformed the broader U.S. market, as measured by the S&P 500 Index. DHS has seen the worst 10-year average annual total return of 9.82% while SCHD and VYM have seen 10-year average annual returns of 10.88% and 11.87%, respectively. For reasons discussed in this article, I believe DHS will continue to underperform both these peers and the broader market. DHS and Compared Dividend ETFs: 10-Year Total Return (Seeking Alpha) In addition to lagging performance, DHS also has relatively high fees. With an exp...
Bitcoin (CRYPTO: $BTC ) was treading water and stuck around $77,000 U.S. on May 22 as stocks closed out a winning week. U.S. equities rallied heading into the Memorial Day long weekend, with the Dow Jones Industrial Average up more than 300 points and the S&P 500 index back near an all-time high. Stocks moved higher following strong earnings from chipmaker Nvidia (NASDAQ: $NVDA ), and as Treasury ...
Bitcoin (CRYPTO: $BTC ) was treading water and stuck around $77,000 U.S. on May 22 as stocks closed out a winning week. U.S. equities rallied heading into the Memorial Day long weekend, with the Dow Jones Industrial Average up more than 300 points and the S&P 500 index back near an all-time high. Stocks moved higher following strong earnings from chipmaker Nvidia (NASDAQ: $NVDA ), and as Treasury yields and oil prices moved lower. However, Bitcoin and cryptocurrencies such as Ethereum (CRYPTO: $ETH ) continue to trade sideways despite the rise in stock prices. Analysts say BTC appears rangebound between $75,000 U.S. and $80,000 U.S., and that yields on U.S. Treasurys need to fall further before a rally is sparked in cryptocurrencies. Here’s what else happened in the crypto sector over the past five days: Trump Media Moves To Sell Bitcoin: Trump Media & Technology Group (NASDAQ: $DJT ) has moved to sell 2,650 Bitcoin worth $205 million U.S. as losses on its cryptocurrency holdings reach $455 million U.S. The company bought 11,542 Bitcoin at an average price of $118,522 U.S., far above where BTC is currently trading. Congress Probes Kalshi And Polymarket: A congressional oversight committee in Washington, D.C. has launched a probe into allegations of insider trading at prediction markets Kalshi and Polymarket. The House Oversight and Government Reform Committee is seeking information from Kalshi and Polymarket on their efforts to prevent insider trading on their platforms. The probe is the latest attempt by Congress to reign-in prediction markets that let people bet on real world events such as wars and elections. Cathie Wood Buys Bullish Stock: Ark Invest has bought $12.5 million U.S. of Bullish (NYSE: BLSH) stock over the past four days, adding the shares across its exchange-traded funds (ETFs). The investment firm led by Cathie Wood has loaded up on the stock of Bullish, a crypto exchange that caters to institutional clients, as the share price has fallen 7% this w...
SpaceX, the aerospace and artificial intelligence (AI) company founded by Elon Musk, recently filed its S-1 prospectus ahead of its eagerly anticipated IPO. Let's review seven of the most important facts and figures from that filing -- and if they make SpaceX and IPO to embrace or avoid. 1. SpaceX's growth is cooling, and it's racking up steep losses In 2025, SpaceX's revenue rose 33% to $18.67 bi...
SpaceX, the aerospace and artificial intelligence (AI) company founded by Elon Musk, recently filed its S-1 prospectus ahead of its eagerly anticipated IPO. Let's review seven of the most important facts and figures from that filing -- and if they make SpaceX and IPO to embrace or avoid. 1. SpaceX's growth is cooling, and it's racking up steep losses In 2025, SpaceX's revenue rose 33% to $18.67 billion. But in the first quarter of 2026, its revenue only grew 15% year over year to $4.69 billion. SpaceX generated a net profit of $791 million in 2025. Still, it posted a net loss of $4.94 billion in 2026 after it recast its financial results to reflect its acquisition of xAI -- which owns X (formerly known as Twitter) and the Grok AI platform -- this February. 2. SpaceX is still mostly Starlink SpaceX's connectivity business, which houses its Starlink satellite business, accounted for 61% of its 2025 revenue and 69% of its revenue in the first quarter of 2026. The segment's revenue rose 50% in 2025 and 57% year over year in the first quarter of 2026, but its average monthly revenue per user (ARPU) dropped from $81 at the end of 2025 to $66 in the first quarter. On the bright side, Starlink's growing subscriber base, which reached 10.3 million in the first quarter -- along with a 59% reduction in the manufacturing costs of its terminals in 2025 -- kept the connectivity segment firmly profitable. But that segment is still SpaceX's only profitable business: it generated an operating profit of $4.42 billion in 2025, but that was more than offset by the space segment's operating loss of $657 million and the AI segment's operating loss of $6.36 billion. In the first quarter of 2026, the connectivity segment generated an operating profit of $1.19 billion -- but that was erased again by the space segment's operating loss of $619 million and the AI segment's operating loss of $2.47 billion. Therefore, investors should expect its satellite business to continue to subsidize its Fa...
China Restricts Fentanyl Precursor Chemical Exports To North America After Trump-Xi Talks One week after President Donald Trump's China summit with President Xi Jinping, where the two superpower leaders focused on issues ranging from bilateral trade to the Hormuz chokepoint, there appears to be measurable progress on one key 'MAGA' issue: the flow of fentanyl precursor chemicals into North America...
China Restricts Fentanyl Precursor Chemical Exports To North America After Trump-Xi Talks One week after President Donald Trump's China summit with President Xi Jinping, where the two superpower leaders focused on issues ranging from bilateral trade to the Hormuz chokepoint, there appears to be measurable progress on one key 'MAGA' issue: the flow of fentanyl precursor chemicals into North America. Bloomberg reports Friday morning that China imposed new export controls on three chemical compounds shipped to the U.S., Mexico, and Canada, targeting key precursor ingredients used to make fentanyl. Beijing's announcement now requires special export licenses for the restricted chemicals and signals growing cooperation between Xi and Trump on narcotics enforcement. "The Presidents also highlighted the need to build on progress in ending the flow of fentanyl precursors into the United States, as well as increasing Chinese purchases of American agricultural products," the White House wrote in a readout of the summit last week. The Trump team continues to maintain a 10% tariff on Chinese imports tied to Beijing's years of failure to stop the flow of fentanyl precursor exports into North America. Beijing has dismissed Washington's accusations over the opioid epidemic that, at one point, was killing 100,000 Americans every year. U.S. Secretary of State Marco Rubio stated early in Trump's second term that Beijing may be "deliberately" flooding America with fentanyl in a "reverse" form of the mid-1800s Opium Wars that weakened China's international standing. Ahead of Trump's trip last week, New York Post columnist Miranda Devine spoke with White House Counterterrorism Director Sebastian Gorka about how China weaponized fentanyl to weaken America from within. "They see our 'city on a hill' as the newest version of the British Empire, and it is now payback time for the Opium Wars," Gorka said. "Many have said that, and I think there is something to that. Here's the fentanyl supply...
The dollar index (DXY00) on Friday gave up an early advance and finished little changed. The dollar was pressured on Friday after the University of Michigan’s May US consumer sentiment index was revised downward to a record low. Also, Friday’s rally in stocks curbed liquidity demand for the dollar. The dollar found early support on Friday from hawkish comments from Fed Governor Christopher Waller,...
The dollar index (DXY00) on Friday gave up an early advance and finished little changed. The dollar was pressured on Friday after the University of Michigan’s May US consumer sentiment index was revised downward to a record low. Also, Friday’s rally in stocks curbed liquidity demand for the dollar. The dollar found early support on Friday from hawkish comments from Fed Governor Christopher Waller, who said he supports a Fed rate increase if inflation doesn’t soon slow. The University of Michigan’s May US consumer sentiment index was revised lower to a record low of 44.8 (data from 1978), weaker than expectations of no change at 48.2. Join 200K+ Subscribers: The University of Michigan’s US May 1-year inflation expectations rate was revised upward to a 9-month high of +4.8% from +4.5%, stronger than the +4.6% expected. Also, May 5-10 year inflation expectations rate was revised upward to a 7-month high of +3.9%, stronger than expectations of no change at +3.4%. Fed Governor Christopher Waller said he supports making clear that the Fed’s next interest rate move is just as likely to be an increase as “inflation is not headed in the right direction.” Swaps markets are discounting the odds at 0% for a 25 bp rate cut at the next FOMC meeting on June 16-17. EUR/USD (^EURUSD) fell by -0.08% on Friday and remained above Thursday’s 6-week low. The euro fell slightly on Friday as crude oil prices rose, which is negative for the Eurozone economy and the euro, as Europe imports most of its energy. However, losses in the euro were limited after Friday’s news showed stronger-than-expected German May IFO business confidence and German Jun GfK consumer confidence. Also, hawkish comments on Friday from ECB Governing Council member Alexander Demarco were bullish for the euro when he said the ECB will probably need to hike interest rates at its June meeting. The German May IFO business confidence index unexpectedly rose +0.4 to 84.9, stronger than expectations of a decline to 84.2. The ...
Viasat ( VSAT ) and Intelsat General Communications announced on Friday that they have secured a combined $437.7M firm-fixed-price contract for space vehicles under the Protected Tactical Satellite–Global program. The work will be carried out at the contractors’ respective facilities, with completion expected by March 19, 2029. At the time of award, about $150M in fiscal 2026 research, development...
Viasat ( VSAT ) and Intelsat General Communications announced on Friday that they have secured a combined $437.7M firm-fixed-price contract for space vehicles under the Protected Tactical Satellite–Global program. The work will be carried out at the contractors’ respective facilities, with completion expected by March 19, 2029. At the time of award, about $150M in fiscal 2026 research, development, test, and evaluation funds are being allocated. The Space Systems Command is the contracting activity. The VSAT stock closed 5% higher at $74.56, following the contract announcement . More on Viasat Viasat: Riding The Space Hype, But The Fundamentals Suggest Caution Viasat selected to provide in-flight connectivity to Jetstar fleet Viasat enters Boeing evaluation process for next-gen AERA antenna terminal Seeking Alpha’s Quant Rating on Viasat Historical earnings data for Viasat
Neal McNeil/iStock Editorial via Getty Images Resolution plans, also known as living wills, submitted by big banks including JPMorgan Chase ( JPM ), Bank of America ( BAC ), Citigroup ( C ), and Wells Fargo ( WFC ) in July 2025 do not have any " shortcomings or deficiencies," according to the Federal Reserve Board and the FDIC. The plans " must describe a banking organization’s strategy for orderl...
Neal McNeil/iStock Editorial via Getty Images Resolution plans, also known as living wills, submitted by big banks including JPMorgan Chase ( JPM ), Bank of America ( BAC ), Citigroup ( C ), and Wells Fargo ( WFC ) in July 2025 do not have any " shortcomings or deficiencies," according to the Federal Reserve Board and the FDIC. The plans " must describe a banking organization’s strategy for orderly resolution in the event of material financial distress or failure," a Fed news release states. The Bank of New York Mellon ( BNY ), Goldman Sachs ( GS ), and Morgan Stanley ( MS ) also received resolution plan feedback letters. The Fed and FDIC also said that derivatives-related weaknesses seen in plans from Bank of America, Goldman Sachs, JPMorgan Chase, and Citigroup in 2023 have "been satisfactorily addressed." More on JPMorgan Chase, Bank of America JPMorgan Chase 2026: Sovereign Utility Scale, AI Dominance, And Capital Traps (Rating Downgrade) JPMorgan: Locking In A Higher Yield With The Preferred Shares Bank of America: How I Double The Average Dividend Yield SA analyst upgrades/downgrades: NVDA, META, GDRX, JPM Dividend Roundup: Northrop Grumman, JPMorgan Chase, eBay, and more
A company with a $140 billion market cap is very large. It is also highly likely to be an important player in the industry where it competes. But that doesn't seem to matter today for Pfizer (PFE 0.19%). The healthcare giant's stock has lost more than 50% of its value since its 2021 high, seemingly forgotten by Wall Street as competitors grab headlines with their GLP-1 weight-loss drugs. Here's wh...
A company with a $140 billion market cap is very large. It is also highly likely to be an important player in the industry where it competes. But that doesn't seem to matter today for Pfizer (PFE 0.19%). The healthcare giant's stock has lost more than 50% of its value since its 2021 high, seemingly forgotten by Wall Street as competitors grab headlines with their GLP-1 weight-loss drugs. Here's why Pfizer could be the most important healthcare stock you aren't watching. Pfizer isn't even in the game yet To be fair, Pfizer isn't performing particularly well as a business right now. The biggest knock against the drugmaker is likely that it doesn't have a GLP-1 weight-loss drug on the market. In fact, its own internal candidate had to be dropped because it didn't meet expectations. On top of the GLP-1 issue, Pfizer is facing a number of large patent expirations in the next couple of years. When the revenues from those drugs decline, the pharmaceutical maker will experience a top-line and bottom-line hit. Meanwhile, the company is investing heavily in its drug pipeline to develop new blockbusters. Research and development spending is always high in the drug sector, but Pfizer is working extra hard right now, given the patent expirations it is facing. Don't count Pfizer out While Wall Street is understandably concerned about Pfizer's results, it isn't a start-up with little to no business history. It is one of the world's most respected drugmakers, with a long and impressive history. It is highly unlikely that Pfizer has suddenly and permanently lost its way. For example, when Pfizer had to drop its own GLP-1 drug, it didn't just give up on what is a new and important drug niche. It reworked its playbook, buying a start-up with an exciting GLP-1 drug candidate. It also inked a deal to distribute a GLP-1 pill for a Chinese company. Pfizer's ability to pivot so quickly is evidence of how well-run a company it really is. Expand NYSE : PFE Pfizer Today's Change ( -0.19 %) $ ...
(RTTNews) - Technology giant Google has appealed a U.S. federal court ruling that found the search giant illegally maintained monopolies in online search and related advertising markets. According to Reuters, the company on Friday filed its appeal challenging a 2024 decision by U.S. District Judge Amit Mehta, who ruled that Google unlawfully strengthened its dominance through multibillion-dollar a...
(RTTNews) - Technology giant Google has appealed a U.S. federal court ruling that found the search giant illegally maintained monopolies in online search and related advertising markets. According to Reuters, the company on Friday filed its appeal challenging a 2024 decision by U.S. District Judge Amit Mehta, who ruled that Google unlawfully strengthened its dominance through multibillion-dollar agreements making its search engine the default option on devices and browsers, including those from Apple. Google argued the ruling contained legal errors and said the agreements did not prevent device makers or browser developers from promoting competing search services such as Microsoft Bing. In its filing, Google said it succeeded in the marketplace through "hard work, bold innovation, and shrewd business decisions," describing its product as a superior search engine. The company is also contesting a remedies order requiring it to share certain search-related data with competitors, potentially including AI firms such as OpenAI. If Google loses the appeal before the U.S. Court of Appeals for the District of Columbia Circuit, the company could seek review by the U.S. Supreme Court. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.