Microsoft (MSFT) CEO Satya Nadella testifies in the antitrust case against Google (GOOG, GOOGL). Oddity Tech (ODD) reports significant revenue growth. Lastly, automaker General Motors (GM) furloughs 160 additional workers amid expanding UAW strike and labor negotiations. Yahoo Finance Live's Julie Hyman highlights several of Monday's top headlines. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Shares of Amazon.com (NASDAQ: AMZN) slid 3% through 12:30 p.m. ET on Tuesday after Reuters -- in an exclusive report -- warned that British regulators may launch an antimonopoly investigation into the company's dominance of the cloud computing marketplacej. Microsoft (NASDAQ: MSFT) -- also reported to be part of the probe -- saw its shares slide a similar 2.5%. As Reuters reports, the British media regulator "Ofcom" (short for the Office of Communications) has actually been looking into Amazon's and Microsoft's dominance in cloud computing since April -- but is now preparing to issue an official report on Thursday.
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