Autodesk Inc. ( ADSK ) shares are trading higher Monday after the company officially announced it will no longer pursue the acquisition of PTC Inc. What To Know: The move comes after weeks of speculation following reports that Autodesk ( ADSK ) was considering a major cash-and-stock deal for the industrial software firm. Investors reacted positively to the decision, reversing...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

02:42 PM EDT, 07/14/2025 (MT Newswires) -- Broadcom ( AVGO ) canceled a plan to build a microchip factory in Spain after negotiations with the government collapsed, Spanish news agency Europa Press reported Sunday, citing sources familiar with the situation. The company announced plans to build the large-scale semiconductor factory in 2023, which would have involved a potential investment of...

Red Cat Holdings, Inc. ( RCAT ) shares are trading higher Monday on possible continued momentum after Secretary of Defense Pete Hegseth announced efforts to fast track drone production. What To Know: On Thursday, Hegseth issued a directive allowing military commanders at the rank of colonel or Navy captain and above to independently purchase and test small drones—specifically Group 1...