Alphabet Inc (GOOG)
Google Avoided A Nasty Breakup: Maintaining A Buy
Google avoided a forced breakup in the antitrust case, boosting investor confidence and sending the stock up over 7% in after-hours trading. Despite being required to share data with rivals, Google's strong earnings, robust advertising growth, and cloud momentum support my continued conviction in the stock. Waymo and YouTube remain key growth pillars, while Google's financial strength allows for heavy AI and autonomous vehicle investment without jeopardizing stability.
Alphabet Stock Hits Record Highs on Antitrust Case Ruling
Alphabet Inc (NASDAQ:GOOGL) stock gave the Nasdaq-100 Index (NDX) a lift this morning.
Alphabet stock pops 6% in premarket trading after Google avoids break-up in antitrust case
Alphabet shares rose nearly 6% in premarket trade on Wednesday as investors viewed the result of Google's antitrust case as broadly favorable.
Google parent Alphabet surges after judge accepts Chrome deal with Apple
Google parent Alphabet Inc (NASDAQ:GOOG) soared in afterhours trading after a US judge's ruling indicated that it will not have to separate off its Chrome browser business. Alphabet Class A shares rose 7.1% to $226.30 and Apple Inc (NASDAQ:AAPL, ETR:APC) rose 3%, after Judge Amit Mehta ruled that the ongoing $20 billion search deal between the two tech behemoths will remain and not be barred in its current form.
Can Google Stock Unlock $1 Trillion After Antitrust Victory?
Google's shareholders had plenty to celebrate in after-hours trading on Tuesday, September 2nd, with the stock jumping 6% following what can only be described as a major legal victory after a federal judge ruled that Google won't be forced to sell its Chrome browser as part of the antitrust penalties – a decision that removes one of the biggest clouds hanging over the tech giant.
Analysts are calling Google's antitrust decision 'broadly favorable' and 'benign'
Google avoided divesting Chrome in an antitrust ruling, boosting its stock 6.7% in after-hours trading. Analysts see the ruling as largely favorable for the search giant and raised Google's stock targets.
Google Just Scored a Big Legal Win for Chrome and Its Search Business
Shares of Google's parent company popped in after-hours trading, after a federal judge ruled that the tech giant doesn't have to sell its Chrome browser, a major win for the search giant that soothes worries it might have had to give up a key part of its business.
Google ordered to make search engine changes - but avoids dramatic break-up
A US federal judge has ordered a major makeover of Google's search engine in a crackdown aimed at addressing the damaging effects of monopolistic practices.
What Will Happen to Google After the Antitrust Ruling?
The judge's decision positions Google to keep its search business running largely without interruption.
Google dodges forced selloff of Chrome browser in landmark antitrust case — sparking furor at slap on wrist
Google will not face a forced breakup of its online search monopoly, a federal judge ruled on Tuesday while unveiling what some experts saw as a softer-than-expected crackdown that rejected the Justice Department's harshest proposed remedies.
Judge Allows Google To Keep Chrome But Orders It To Share Search Data With Competitors
This is a developing story. Check back for updates.
Judge Orders Google to Share Search Results to Help Resolve Monopoly
Judge Amit P. Mehta ruled on Tuesday that Google must hand over some of its search data to rivals, in a landmark antitrust case.
