The case could rewrite the rules on how businesses make money on Google's smartphone operating system.
Alphabet's Google said it has urged the U.S. Supreme Court to halt key parts of a judge's order that would force major changes to its app store Play, as it prepares to appeal a decision in a lawsuit brought by "Fortnite" maker Epic Games.
Alphabet Inc (NASDAQ:GOOG) shares shrugged off another potential blow to Google's dominance, even as the company braced for a fresh courtroom battle over its digital advertising empire. A federal trial opening Monday in Alexandria, Virginia, will determine how to rein in what a judge has already ruled to be an illegal monopoly in Google's ad technology.
Alphabet leverages unmatched global scale and AI innovation, integrating tools like Gemini and SGE across Search, YouTube, and Android to drive engagement and ad revenue. Google is evolving beyond ads, building a robust AI infrastructure through Google Cloud, custom TPUs, and a sticky AI ecosystem, fueling rapid enterprise and developer adoption. Despite fierce competition and soaring AI-related capex, Google maintains strong margins, impressive earnings growth, and a reasonable valuation, versus peers, supporting its long-term bull case.
We're quite possibly at the start of what could be a major technological shift with the onset of artificial intelligence (AI). No one knows what new products, services, or companies will be created.
Google is ending its enterprise subscription to the Financial Times, and it's not the only enterprise media subscription on the chopping block, sources say. The cuts reflect broader cost-reduction efforts at the search giant, even as the company reports strong financial performance.
Alphabet (GOOGL) this week became just the fourth company to achieve a market capitalization of $3 trillion, boosted by a favorable legal ruling and optimism about the company's prospects amid the AI boom.
Google's stock has been making headlines, surpassing the $3 trillion market cap milestone as investor confidence grows. But here's the bigger takeaway: even after this rally, Google still trades at a notable discount compared to Big Tech peers like Amazon and Microsoft.
Alphabet became the fourth company to reach a $3 trillion market cap along with Nvidia, Microsoft, and Apple.
Google's multi-billion-pound investment into the U.K. comes ahead of U.S. President Donald Trump's state visit to the country. Google unveiled the opening its new state-of-the-art data center near London.
Google said Tuesday it was investing £5 billion ($6.8 billion) in the UK over the next two years to help power the country's AI drive, ahead of a visit by US President Donald Trump.
Alphabet briefly became the best performer in the “Magnificent Seven” on a year-to-date basis, showing how its stock has new shine in the eyes of investors.