09:15 AM EDT, 06/26/2025 (MT Newswires) -- Micron Technology ( MU ) is gaining from rising demand for AI-related memory, Morgan Stanley said in a note Thursday, highlighting strong quarterly results driven by higher volumes and better prices in core DRAM. Micron reported a nearly 37% year-over-year increase in revenue for the May quarter, reflecting strong momentum in AI and...

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,...

09:16 AM EDT, 06/26/2025 (MT Newswires) -- The UK's Competition and Markets Authority said Thursday it is investigating Boeing's ( BA ) anticipated acquisition of Spirit AeroSystems ( SPR ) . The CMA is considering whether it is or may be the case that this transaction, if carried into effect, will result in the creation of a relevant merger situation...

Kratos Defense & Security Solutions Inc shares are trading lower Thursday after the company announced a public offering of common stock. What Happened: Kratos announced an underwritten offering of approximately 12.99 million shares of its common stock at a price of $38.50 per share. The company also granted the underwriters a 30-day option to purchase up to an additional 1.95 million...