Google Escapes Breakup, Markets Slide on Tariff Ruling, and McDonald’s Brings Back Value Meals
In today’s episode, Google scored a major legal win as a federal judge allowed it to keep Chrome while restricting exclusive search contracts, sending Alphabet shares up more than 5%. Markets slid after a federal appeals court struck down most Trump tariffs, with investors bracing for policy uncertainty and fiscal fallout. McDonald’s is reviving its Extra Value Meals to restore affordability while Starbucks rolls out protein-packed drinks, reflecting divergent strategies in food service. Macy’s jumped 12% after crushing earnings and raising its outlook, while Meta continued its AI talent raid by poaching Apple’s robotics lead. Kraft Heinz said it will split into two companies by 2026, admitting its 2015 mega-merger failed, and Nestlé fired CEO Laurent Freixe over an undisclosed relationship with a subordinate. Finally, biotech firm Cytokinetics surged 40% on positive heart drug results, underscoring the volatility and potential of breakthrough medical research.
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