Google should be forced to sell off two separate digital advertising businesses, the Justice Department argued in a court filing after a federal judge ruled last month that the Big Tech giant operates an illegal monopoly over the technology.
If you've ever found yourself lost in medical jargon or academic prose while browsing the web, Google's latest mobile operating system update might be just what you need. The company, part of Alphabet Inc (NASDAQ:GOOG), is rolling out a new AI-powered “Simplify” feature for its iOS app that rewrites complex or technical text into more digestible language without leaving the page, according to the tech press.
The "Magnificent Seven" group of stocks hasn't really been known for being called cheap. This group includes some big tech high-flyers that led the market over the past few years but have gotten slammed this year.
Artificial intelligence (AI) investing and the word "cheap" don't often go hand in hand. Many of these stocks got a bit overheated during the market's run over the past few years and sold off a bit recently.
Google said in a court filing that divestiture isn't warranted in this case, and wouldn't be technically feasible.
The U.S. Department of Justice is proposing that Google sell two of its advertising products to restore competition in the ad tech space, according to a new filing. The proposal comes after a judge found Google guilty of “willfully acquiring and maintaining monopoly power” in the digital ad space last month.
A better grasp of the current tariff situation and a generally strong earnings season have helped the market rally in recent weeks, with the major indexes all recovering significantly from losses earlier this year.
Alphabet's Q1/25 results show strong revenue growth of 12% YoY, with significant improvements in operating margins driven by cloud and AI advancements. Alphabet's diversified portfolio, including Google Cloud, YouTube, Android, and Waymo, positions it well for future growth, particularly with AI integration. Despite market concerns, Alphabet's valuation is attractive, trading at a low PE multiple, with potential for multiple expansion and significant upside.
Alphabet's self-driving unit Waymo said on Monday that it plans to build Jaguar I-PACE and Zeekr vehicles with its autonomous technology at a new plant in Arizona as soon as this year, with Canadian auto parts supplier partner Magna International.
Google is testing the placement of ads inside AI chatbot conversations in an aggressive move to protect its bread and butter: search ads. According to Bloomberg, Google has begun embedding ads directly into conversations with artificial intelligence (AI) chatbots from startups, including iAsk and Liner.
Alphabet Inc. is upgraded to a strong buy due to a new uptrend, bullish technical indicators, and strong Q1 earnings, especially in Google Cloud. Alphabet's stock shows significant undervaluation with P/S and P/E ratios contracting, despite robust revenue and EPS growth, indicating a disconnect with the financials. Risks include potential economic headwinds affecting ad revenue and antitrust issues, possibly leading to the sale of the Chrome business.
Investors rushed to get in on artificial intelligence (AI) stocks over the past two years as it became clear that AI might be the next big thing. The idea was that this newish technology could join the ranks of electricity or the internet, revolutionizing our daily lives and a whole lot more.