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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Guardant Health Ordered to Pay Over $245 Million in DNA Sequencing Patent Dispute
Court orders Guardant Health to pay over $245.2M for willfully infringing TwinStrand’s DNA sequencing patents. Ongoing 6% royalties apply; Guardant will appeal.
Expedia Stock Jumps to New 52-Week High as Analysts Raise Price Targets
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.
Alvotech: BofA Initiates Buy Rating as Biosimilar Launch Cycle Begins
FDA clears Reykjavik plant as biosimilar launches drive commercial growth.
Visa Flags Hims & Hers Over Excessive Disputes on $149 Weight-Loss Subscriptions
Visa flags Hims for high dispute rates on $39-to-$149 weight-loss memberships. Company faces fees, scrutiny, and must lower rate for 3 months.
AAOI Stock Falls Sharply on $600M At-the-Market Offering Announcement
The agreement does not specify how the proceeds would be used.