The Latest Breaking News from Michael Pachter

The S&P 500 and Dow Jones Industrial Average snapped three-day losing streaks as drugmaker Merck rallied.

Google lost an antitrust lawsuit over barriers to its Android app store, as a federal court jury has decided that the company’s payments system was anticompetitive and damaged smartphone consumers and software developers

After the closing bell, Amazon is expected to release its second-quarter financial report.

Netflix saw a significant boost in new customers, thanks to its crackdown on password-sharing in more than 100 countries including the U.S., as well as its advertising-supported tier.

Over on r/WallStreetBets, key to the meme stock surge of 2021, a lot of people seem very down too.

The UK has blocked the deal, but Microsoft says it will appeal. Analysts are mixed on whether it'll succeed.

The massive Microsoft-Activision deal has hit a major stopping point, as the UK's Competition and Markets authority has officially blocked the deal.

GameStop announced a small profit on Tuesday after the close. Wednesday’s stock and options volume went through the roof. GameStop has a long way to go before it’s worth owning for the long haul. Don’t let yesterday’s activity cloud your judgment.

LOS ANGELES — For years, Netflix executives have been the biggest cheerleaders of TV bingeing.

LOS ANGELES — The night before visiting the Wizarding World of Harry Potter at Universal Studios Hollywood, Brittany Katter wondered whether the journey was a mistake.

Shares of television streaming company fuboTV (FUBO) have slumped more than 70% in price year-to-date. The company has also reduced its guidance for fiscal 2022. And considering its deteriorating financials and low profitability, it could be wise to avoid this high-risk growth stock now. Continue reading….