WS #11434
The EU Court of Justice has definitively upheld a €4.1 billion fine against Google for abusing Android's dominant position, with no further appeal possible, creating regulatory overhang for GOOGL. Foxconn (Hon Hai) reported Q2 sales of ~$79 billion, up ~40% YoY and beating estimates, driven by strong AI server demand, signaling continued strength for NVDA and AI infrastructure.
EU Upholds €4.1B Fine Against Google (Alphabet)
The EU Court of Justice has definitively upheld a €4.1 billion fine against Google for abusing Android's dominant position, with no further appeal possible, creating regulatory overhang for GOOGL.
Foxconn (Hon Hai) reported Q2 sales of ~$79 billion, up ~40% YoY and beating estimates, driven by strong AI server demand, signaling continued strength for NVDA and AI infrastructure.