After eight years, Google loses final appeal against $4.7 billion European Union fine
The Court of Justice of the European Union ruled to uphold its fine against Google over alleged anticompetition practices Source：MarketWatch
OpenAI reportedly considers handing 5% stake to the government. Here’s why the AI lab would consider that move.
Bringing the government on board as an equity partner may serve to dilute some of the criticism of the AI industry that has developed momentum in recent…
Where can I invest my kid’s ‘Trump account’ money? The Treasury Department just answered that question.
The money in “Trump accounts” has to be invested in lowcost index funds — and now parents and investors are learning which funds they can actually use.…
This unheralded sector may be the one sure thing for bulls in July
The Nasdaq100 is known for almost always rising in July, but REITs have done even better, as they remain undefeated since 2008. Source：MarketWatch
Is Meta ‘giving up’ on cutting-edge AI? Wall Street is divided over potential cloud pivot.
Meta shares popped on reports of a new cloudcomputing venture, but some analysts wonder if that would signal disappointing uptake of internal AI offerings.…
Older workers are fighting ageism by starting their own businesses — and they’re outperforming younger entrepreneurs
A business founder at age 50 is almost twice as likely to experience success as someone in their 30s. Source：MarketWatch
Is the U.S. jobs market getting better? June employment report to give us a heat check.
Is it getting easier to find a job? Are businesses really hiring more workers? That’s what the official data statistics tell us — but Americans aren’t so sure.…
Protein-packed Cheerios and cat food: How General Mills plans to combat a tough spending backdrop
“Cat growth is on fire,” one executive said. Source：MarketWatch
Social Security’s reality check — with a side of wishful thinking
How demographics and recent tax laws are squeezing Social Security. Source：MarketWatch
Sandisk’s and Micron’s stocks sink as the rotation trade builds, but supply shortages should limit losses
Most of Sandisk’s annual revenue could eventually come from its new business model contracts that provide better visibility, BofA said. Source：MarketWatch
Stock-market bulls need Kevin Warsh on their side to keep winning, says Wall Street veteran Bob Doll
The “highrisk” bull market in stocks needs Federal Reserve Chair Kevin Warsh on its side, according to Bob Doll, CEO at Crossmark Global Investments.…
5 charts showing how ‘dumb money’ is transforming the stock market, as retail traders smash Wall Street records
Retail trading activity set records in May and June — and the propensity of that cohort to buy the dip has looked pretty smart. Source：MarketWatch