Akamai Technologies (AKAM) closed the most recent trading day at $77.93, moving +1.16% from the previous trading session. This change outpaced the S&P 500's 0.54% gain on the day. Meanwhile, the Dow experienced a rise of 0.52%, and the technology-dominated Nasdaq saw an increase of 0.74%. The cloud services provider's shares have seen a decrease of 2.11% over the last month, not keeping up with the Computer and Technology sector's gain of 5.77% and the S&P 500's gain of 4.2%.The investment community will be ...

In the latest trading session, Lyft (LYFT) closed at $14.76, marking a -1.14% move from the previous day. This change lagged the S&P 500's daily gain of 0.54%. On the other hand, the Dow registered a gain of 0.52%, and the technology-centric Nasdaq increased by 0.74%. Heading into today, shares of the ride-hailing company had gained 1.63% over the past month, lagging the Computer and Technology sector's gain of 5.77% and the S&P 500's gain of 4.2%.The investment community will be closely monitoring the perf ...

Hong Kong, July 17, 2025 (GLOBE NEWSWIRE) -- Mega Fortune Company Limited (the “Company” or “MGRT”), an Internet of Things (“IoT”) solution provider in Hong Kong, today announced the closing of its initial public offering (the “Offering”) of 3,750,000 ordinary shares at a price of $4.00 per share. The Company has granted the underwriter a 45-day option to purchase up to an additional 562,500 ordinary shares at the public offering price, less the underwriting discounts. The aggregate gross proceeds from the ...

Hong Kong, July 17, 2025 (GLOBE NEWSWIRE) -- Mega Fortune Company Limited (the “Company” or “MGRT”), an Internet of Things (“IoT”) solution provider in Hong Kong, today announced the closing of its initial public offering (the “Offering”) of 3,750,000 ordinary shares at a price of $4.00 per share. The Company has granted the underwriter a 45-day option to purchase up to an additional 562,500 ordinary shares at the public offering price, less the underwriting discounts. The aggregate gross proceeds from the ...

Legal & Regulatory - A Texas-led group of states claims Google illegally monopolized the market for tools to publish online display ads [1] - A judge delayed the trial against Google to August 11 [1]

NEW YORK, July 17, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Reddit, Inc. ("Reddit, Inc." or the "Company") (NYSE: RDDT) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Reddit, Inc. investors who were adversely affected by alleged securities fraud between October 29, 2024 and May 20, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/reddit-inc-lawsuit-submis ...

AI云增速健康，利润率较为稳健。公司预计行业对GPU云、大模型API调用需求强劲，我们预计订阅制 公有云2-3Q收入有望维持高于20%同比增速，我们预计2Q25 百度云收入同比增长25%。公司预计云稳 定贡献利润。 萝卜快跑与Uber达成战略合作。7 月15 日，萝卜快跑宣布与出行服务平台Uber建立战略合作关系，萝卜 快跑计划将数千辆无人驾驶汽车，接入Uber全球出行网络，年底前双方将率先在亚洲和中东地区部署萝 卜快跑RT6，未来将逐步扩展至全球更多市场。 百度核心经营利润率下滑明显。考虑到广告收入大幅承压，我们预计2Q百度核心非通用准则经营利润 40 亿元，对应非通用准则经营利润率15.5%，显著低于去年同期。 盈利预测与估值 机构：中金公司 研究员：白洋/王秋婷/魏萌 预测2Q百度核心收入同比降低3.8% 我们预计2Q百度集团收入同比降低3.8%至327 亿元；其中，百度核心收入同比降低3.8%至257 亿元。我 们预期集团2Q25 非通用准则净利润为36亿元，其中百度核心非通用准则净利润为39 亿元。 关注要点 AI改造持续深化，预计2Q广告收入跌幅扩大。根据近期我们和公司的沟通，公司预计2Q AI生 ...

Key Takeaways MELI is expanding its acquiring business by strengthening offerings for small and informal sellers. Its full-stack fintech ecosystem helps retain merchants through credit, insurance, and payment tools. Competition from STNE and DLO grows, but MELI's integrated platform continues to drive adoption.MercadoLibre’s (MELI) acquiring business has grown into the most dominant fintech acquiring engine in Latin America (LATAM). Instead of following traditional players who targeted large retailers, ME ...

Core Insights - Alphabet (GOOGL) and Apple (AAPL) are leading providers of consumer app marketplaces, focusing on integrating artificial intelligence (AI) to enhance user engagement and market share [1][4]. Consumer Adoption of AI - Individual consumers have been slow to adopt AI, with only 35% using generative AI compared to 95% of businesses, primarily due to privacy and security concerns [2]. - Recent data indicates a shift, with 61% of U.S. adults using AI in the past six months, and 19% using it daily, suggesting a growing acceptance of AI tools in daily life [3]. Market Potential - By 2030, AI-influenced consumer spending in the U.S. is projected to reach $4.4 trillion, with significant contributions from younger demographics [4]. Competitive Analysis: Alphabet vs. Apple - Alphabet's cloud-centric approach has led to over 270 million paid subscriptions, with Google Assistant (Gemini) being the second most used AI assistant in the U.S. [5][6]. - Apple is expanding its AI capabilities with Apple Intelligence but is currently lagging behind Alphabet in terms of impact and user engagement [8][10]. Financial Performance - GOOGL's earnings estimate for 2025 is $9.56 per share, reflecting an 18.91% increase from 2024, while AAPL's estimate has slightly decreased to $7.10 per share, indicating a 5.19% growth [11][12]. - Year-to-date, GOOGL shares have declined by 3.3%, outperforming AAPL's 16% drop [13]. Valuation Metrics - Alphabet's Price/Sales (P/S) ratio is 6.41, lower than Apple's 7.52, indicating a more favorable valuation for GOOGL [16][17]. Investment Outlook - Alphabet is positioned as a stronger investment opportunity in the consumer AI space due to its innovative offerings and market leadership, while Apple is still in a catch-up phase [20][21].

Group 1 - Keybanc Capital Markets analyst Justin Patterson maintained an Overweight rating for Alphabet Inc and raised the price forecast from $195 to $215, reflecting positive expectations for the ad industry ahead of second-quarter results [1] - The company is expected to report a solid second quarter with $94.6 billion in revenue, driven by growth in Search, YouTube, and Cloud, surpassing consensus estimates [2] - EPS estimates for 2025 and 2026 were raised by 1% and 2%, respectively, with the 2027E EPS forecasted at $12.25 [2] Group 2 - The macro outlook remains stable, with positive agency commentary and improving consumer trends, indicating a favorable environment compared to 90 days ago [3] - Foreign exchange tailwinds are expected to continue, benefiting companies like Alphabet [3] - The reverse acqui-hire trend has proven successful for big tech, enhancing talent acquisition and innovation, which strengthens Alphabet's position in the AI landscape [3]