News B shares fall 5.10% intraday as X offices raided in France and UK opens fresh Grok investigation.
ByAinvest
Tuesday, Feb 3, 2026 12:03 pm ET1min read
NWS--
News B fell 5.10% intraday trading as regulatory scrutiny intensified against Elon Musk’s X and Grok platforms. French authorities raided X offices, while the UK initiated a fresh investigation into Grok, signaling heightened regulatory pressure on Musk’s social media and AI ventures. The move follows broader concerns over data practices and AI governance, undermining investor confidence. Other news, including Meta’s AI spending increase and Amazon’s job cuts, lacked direct relevance to News B’s business context.
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