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The latest stocks coverage from the TrustFinance editorial desk.
Germany's media regulator has ruled that Google's AI Overviews and Perplexity must comply with national media laws, classifying their AI-generated summaries as original content and increasing their liability for inaccuracies.
Germany's media watchdog has classified Google's AI Overviews and Perplexity AI as content providers, making them subject to national media laws and potentially liable for the information they generate.
Shares in hostel operator Safestay plummeted as much as 45.4% on Tuesday after Infill Capital Partners announced it would not proceed with a potential £40.9 million take-private offer.
U.S. hotel revenue per available room (RevPAR) jumped 8.7% in June, driven by the World Cup and luxury travel, according to Macquarie. The investment bank reiterated its preference for Hyatt due to its high exposure to the outperforming premium segments.
CleanSpark shares surged after the company announced a 20-year, $6.6 billion infrastructure lease with a major technology firm, signaling a strategic pivot from crypto mining to AI data centers.
Investment firm Needham maintains its view that the Paramount Skydance acquisition of Warner Bros. Discovery will be completed, despite a new antitrust lawsuit from 12 state attorneys general aiming to block the merger.
Upcoming earnings from ASML and TSMC are considered pivotal for the semiconductor industry, as analysts at B. Riley point to an AI infrastructure spending boom arriving a year ahead of schedule, potentially reaching $880 billion in 2026.
Economists at Goldman Sachs forecast a softer-than-expected core inflation reading for the upcoming June Consumer Price Index report, a key data point that could influence the Federal Reserve's next interest rate decision.
Stellantis' premium Alfa Romeo brand plans to launch a new mid-sized SUV by the end of 2027, which will be produced at the automaker's Melfi plant in southern Italy. The new model is part of a broader product roadmap aimed at refreshing the brand's lineup.
