FTC Settlement Lets Zillow Keep Redfin Partnership While Restoring Competition
Zillow and Redfin settle FTC lawsuit over $100M deal. Redfin must relaunch ads in 6 months; partnership continues through 2030.
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Zillow and Redfin settle FTC lawsuit over $100M deal. Redfin must relaunch ads in 6 months; partnership continues through 2030.
Evercore lifts Expedia’s PT to $430 (from $375); Wedbush raises its target to $417 (from $334) following the Q2 earnings beat and raised guidance.
The agreement does not specify how the proceeds would be used.
Trump announces 50% tariffs on Canadian cars, trucks, parts & steel from Jan 1, 2027, after trade talks with Canada collapse. Markets react.
PDD Holdings’ Q2 revenue reached $16.6B, missing estimates, while non-GAAP EPS of $2.85 beat consensus. Operating profit rose 8%, with strong cash flow lifting shares.
XPeng Q2 revenue hit RMB19.74B (+51.5% QoQ) but missed forecasts. Losses narrowed sequentially yet stayed elevated. Robotics unit Dogotix valued at $6.3B after $900M funding.