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Google Loses EU Antitrust Fight; Softbank Moves on Computing Power | Stock Movers
Posted
July 2, 2026
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July 2, 2026
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2:09Now PlayingOn this episode of Stock Movers:
- SoftBank (SFTBY) shares are responding to news that it is starting a new U.S. venture to rent out the computing power needed to build and run artificial-intelligence models, aiming to capitalize on strong American demand for AI computing resources.
- Shares of Alphabet/Google (GOOG) are responding to the company losing its long-running fight against a €4.1 billion ($4.7 billion) European Union antitrust fine after the bloc’s top judges said regulators were right to punish the US giant for abusing Android’s market power.
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