Google Faces EU Scrutiny Over Blocking E-Mobility App

Image source: Photo by Arkan Perdana on Unsplash

Google Faces EU Scrutiny Over Blocking E-Mobility App. 💻 An EU court adviser backed Italy's antitrust ruling that Google's refusal to allow Enel's e-mobility app on Android Auto may breach competition laws. Google, fined €102 million in 2021, cited security concerns, but the case now awaits a final EU court decision. Reuters reports.

📉 DollarFall: Dollar Tree shares plunge 22% after discounter cuts full-year forecast. CNBC reports.

🌊 TalcTide: Johnson & Johnson plans to pay an additional $1.1 billion to resolve tens of thousands of legal actions alleging its baby powder and other talc products caused cancer. Reuters reports.

🚗 VolvoShift: Volvo Cars lowered its adjusted profitability target for 2026 and said it aims to continue outgrowing the premium car market until that year, dropping a previous sales target. Reuters reports.

🚀 HPEvolution: Hewlett Packard Enterprise posted record AI revenue, but stock falls after earnings. MarketWatch reports.

🏃‍♂ ️Dick'sStraordinary: Dick’s Sporting Goods blows past earnings estimates but issues cautious guidance. CNBC reports.

🏆 Xvictory: Elon Musk's X wins appeal to block part of California content moderation law. Yahoo Finance reports.

(All pricing and percent gains are based on Early Pre-Market from 4:00 AM to 7:00 AM Eastern Time)
Benzinga reports.

1. $EAST: Eastside Distilling
Total gain: +184.17%

2. $YYGH: YY Group Holding
Total gain: +44.39%

3. $SOAR: Volato Group
Total gain: +28.58%

4. $MODD: Modular Medical
Total gain: +28.25%

5. $SGD: Safe & Green Development
Total gain: +18.39%

IPhone SE 4 leak: New rumor confirms big display upgrade for the budget iPhone

The next iPhone SE could be a big upgrade for those who prefer to have a budget iPhone.
Nikkei Asia reported that Apple has made the switch from LCD to OLED for all of its phones in 2024 and beyond, including the next generation iPhone SE.

The affordable iPhone SE is less advanced than its pricier counterparts, so Apple throwing an OLED display into the SE would make it even more enticing for those who don't want to spend $1,000 on a phone.

📰 Read more

The closing price of the top three market percent gainers trading near or above $3 on September 4.

*All pricing and percent gains are based on regular market trading hours from 9:30am to 4:00pm Eastern Time

1. $WISA: WiSA Technologies
Total gain: +125%
The company announced that it has entered into a definitive asset purchase agreement to acquire the intellectual property and information technology assets of Datavault from privately held Data Vault Holdings for $210 million. The purchase consists of 40 million shares of WiSA Technologies' common stock, issued at $5 per share, plus a $10 million, 3-year note. Benzinga reports.

2. $FFIE: Faraday Future
Total gain: +53.64%
The company announced the launch of a co-creation campaign titled 'Your Vision, Our Drive: Co-Creating the Future of Affordable AI EVs,' starting on September 4. This campaign will play a key role in FF's Second Brand Strategy and the Global Automotive Industry Bridge Launch Event. It offers FF users, investors, fans, and automotive enthusiasts a unique opportunity to participate in the strategic decision-making process for FF's second brand and its products. Benzinga reports.

3. $FYBR: Frontier Communications Parent
Total gain: 37.95%
The stock appeared to be moving on no notable news.

*Estimate and Actual numbers represent Earnings Per Share in US Dollars

AVGO: Broadcom
3Q 2024
After Market Close
Estimate: 1.200
Actual: N/A

IOT: Samsara
2Q 2024
After Market Close
Estimate: 0.010
Actual: N/A

DOCU: DocuSign
2Q 2025
After Market Close
Estimate: 0.800
Actual: N/A

Time (ET) / Report / Period

8:15 am - ADP employment - July
8:30 am - Initial jobless claims - August 31

Patience in trading is as valuable as timing. It's not just about when you enter, but how long you're willing to stay in the game.”

― Morgan HouselSourced in:
“The Psychology of Money”, by Morgan Housel, published in 2020