The ECJ upheld a 4.1 billion euro fine against Alphabet on 5 July in a final ruling on Google’s anticompetitive Android app-bundling and search-default practices in Europe.
Author Archives: newanalytica
Posted inMarkets
SpaceX enters the Nasdaq-100 today, triggering .3 billion in forced index buying
SpaceX joins the Nasdaq-100 on 7 July under a rule change that shortens the eligibility window to 15 trading days, creating an estimated 4.3 billion dollars of forced buying from ETFs tracking the index.
Posted inEconomy
UK-India free trade deal enters force July 15 with Scotch whisky tariffs halved
The UK-India FTA takes effect on 15 July, halving Indian tariffs on Scotch whisky from 150% to 75% and opening markets across pharmaceuticals, cars and financial services.
Posted inGeopolitics
Ukraine rejects Russia’s Kostiantynivka ceasefire bid as Trump calls both leaders
Russia claimed on Friday it had captured Kostiantynivka in Donetsk; Ukraine rejected both the claim and a subsequent six-hour ceasefire proposal as Trump spoke separately with Putin and Zelenskyy.
Posted inWorld
Trump arrives in Ankara to enforce NATO’s 5% defence pledge
NATO heads of state convene in Ankara on 7–8 July as Trump presses allies to prove their 5% of GDP defence spending commitment made at The Hague summit a year ago.
Posted inTech
Anthropic enters talks with Samsung on a custom AI chip
Anthropic is in early discussions with Samsung Electronics to develop a custom AI chip, following OpenAI’s June reveal of its Jalapeño inference processor with Broadcom.
Posted inMarkets
Bending Spoons raises $1.68 billion and surges 40% in Nasdaq debut
The Italian company behind AOL, Vimeo and Evernote priced at $29 and closed its first trading day at $40.50, giving it a market cap of roughly $25 billion on July 1.
Posted inEconomy
Warsh and Lagarde bury forward guidance at Sintra as inflation stays too high
The heads of the Fed, ECB, Bank of England and Bank of Canada agreed at Sintra to abandon explicit rate signalling, leaving markets to trade on data rather than guidance.
Posted inGeopolitics
Ukraine strikes Hvardiyske airfield and severs Crimean supply lines
Ukrainian forces hit one of Russia’s key Crimean air bases on July 5, destroying ammunition depots and road bridges in a coordinated strike campaign accelerating supply-line attrition.
Posted inWorld
Cape Verde’s Blue Sharks push Argentina to the brink at their first World Cup
Cape Verde’s debut World Cup ends 3-2 to Argentina after extra time, but a 40-year-old goalkeeper and three group-stage draws have redrawn African football’s ceiling.