Google’s 2.4 Billion Euro Fine Upheld By Europe’s Top Court In EU Antitrust Probe

Image source: Photo by Mitchell Luo on Unsplash

Google’s 2.4 billion euro fine upheld by Europe’s top court in EU antitrust probe. ⚖️ Europe’s top court on Tuesday upheld a 2.4 billion euro ($2.65 billion) fine imposed on Google for abusing its dominant position by favoring its own shopping comparison service. CNBC reports.

🤖 iPhoneAI️: Apple iPhone 16 event shows off AI muscle, new Watches and AirPods. Reuters reports.

🚀 UnfoldingVictory️: Huawei’s trifold phone gets 2.7 million pre-orders ahead of Apple’s iPhone 16 launch. CNBC reports.

⚠️ SamsungStrike️: Workers at Samsung India plant strike, partly hitting production. Yahoo Finance reports.

✈️ DealWings️: Boeing's shares rise after tentative labor deal that could avert major strike. Reuters reports.

🔋 ChargeAhead️: Tesla-supplier Panasonic Energy prepares for high-capacity EV battery production. Yahoo Finance reports.

🚗 WranglerAlert: US probes 781,000 newer Jeep vehicles over underhood fire reports. Reuters 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. $QH: Quhuo
Total gain: +52.55%

2. $SLXN: Silexion Therapeutics
Total gain: +52.05%

3. $QNRX: Quoin Pharmaceuticals
Total gain: +38.54%

4. $CLDI: Calidi Biotherapeutics
Total gain: +34.78%

5. $ASNS: Actelis Networks
Total gain: +30.2%

* Analyzing the markets with Richie Naso, a Wall Street veteran of over 40 years and former member of the NYSE.

THE BUREAU OF LABOR STATISTICS:

Reported on Friday that employers added 142,000 jobs in August. That was fewer than economists expected, and the hiring numbers for June and July were also revised downward.

ON THE HEELS OF FRESH DATA:

Chris Waller, a Fed governor, hinted at the possibility of a larger half percentage point cut later this month, saying that ”the current batch of data no longer requires patience, it requires action.”

The closing price of the top three market percent gainers trading near or above $3 on September 9.

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

1. $SMMT: Summit Therapeutics
Total gain: +55.42%
The stock appeared to be moving on no notable news.

2. $TIL: Instil Bio
Total gain: +54.32%
The stock appeared to be moving on no notable news.

3. $SINT: SINTX Technologies
Total gain: +53.19%
The company announced that it has received a Notice of Allowance from the United States Patent and Trademark Office for patent application no. 17/634,141, titled "Methods of Surface Functionalization of Zirconia-Toughened Alumina with Silicon Nitride Ceramic." This Notice of Allowance is anticipated to lead to the issuance of a US patent once the administrative processes are completed. Benzinga reports.

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

GME: GameStop
2Q 2024
After Market Close
Estimate: -0.080
Actual: N/A

INNV: InnovAge Holding
4Q 2024
After Market Close
Estimate: -0.030
Actual: N/A

WOOF: Petco Health and Wellness
2Q 2024
After Market Close
Estimate: -0.020
Actual: N/A

Time (ET) / Report / Period

6:00 am - NFIB optimism index - August

“Good trading is not about being right, it’s about being profitable.”

― Brett N. SteenbargerSourced in:
“The Daily Trading Coach: 101 Lessons for Becoming Your Own Trading
Psychologist”, by Brett N. Steenbarger, published in 2009