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...But Section 2 of the 1890 Sherman Act, under which the case has been brought, is a tool US trustbusters have revived in other recent cases against Big Tech....
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...The valuation looks a bit nutty: 80% of revenue is [Apple’s] hardware yet the stock trades on a software multiple; UBS, even in 2027, forecasts just 4.3% FCF yield....
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...Adobe’s share price rose 2.5 per cent after the Figma deal was called off. This is despite the fact that it must pay a $1bn termination fee and invest in its own design collaboration tool, XD....
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...A majority of Article 8 funds that revised figures for minimum sustainable investment proportion during the third quarter increased it, with changes ranging from 2 per cent to 70 per cent....
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