The U.S. Department of Justice has given the green light for antitrust inquiries into tech giants Nvidia, Microsoft, and OpenAI. This move comes as concerns grow over the companies’ dominance in the artificial intelligence and cloud computing sectors. The investigations will focus on whether these companies have engaged in anti-competitive practices that stifle innovation and harm consumers.
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Why Deckers Outdoor Stock Jumped Today
Shares of Deckers Outdoor (NYSE: DECK), known for brands like Hoka and UGG, rose by 11.7% after the company reported better-than-expected first-quarter results, alleviating investor concerns following a significant stock decline earlier in the year due to tariff fears and weakening consumer sentiment. The positive results reaffirmed confidence in the company's growth trajectory. Want More Context? 🔎
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