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Bloomberg

Google Loses EU Antitrust Fight; Softbank Moves on Computing Power | Stock Movers

Thursday, July 2, 2026


SoftBank announced a new U.S. venture to rent computing power for building and running artificial intelligence models. Alphabet's shares moved following a decision by the EU Court of Justice upholding a 4.1 billion euro fine against Google for abusing Android's market dominance, according to Bloomberg.

Original reporting: https://www.bloomberg.com/news/videos/2026-07-02/google-s-eu-antitrust-fight-softbank-computing-power-video

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