Alphabet unit Google on Wednesday urged Europe's top court to dismiss EU antitrust regulators' appeal against a lower court ruling that scrapped a €1.49 billion ($1.7 billion) fine, saying the regulators' arguments were flawed.
Alphabet Inc. (GOOG) closed at $357.33 in the latest trading session, marking a +1.9% move from the prior day.
A group of publishers and authors have filed a class action lawsuit against Google, accusing the tech giant of using their copyrighted works to train its AI platform, Gemini.
The Swiss competition authority announced Tuesday that it had opened a preliminary investigation into Google's removal of the "choice screen" feature on Android devices in Switzerland.
I keep hitting the buy button on Alphabet (NASDAQ:GOOG | GOOG Price Prediction), and every quarter hands me a fresh reason to do it again.
The boss of Google's AI division, Demis Hassabis, on Tuesday called for a U.S.-led standards body to test new frontier models for national security risks. CNBC previously reported that Hassabis, along with other leading tech chiefs, called for an American-led AI coalition at a G7 meeting with world leaders, including U.S. President Donald Trump.
When Alphabet (NASDAQ:GOOGL | GOOGL Price Prediction) handed Sundar Pichai the Google CEO job on August 10, 2015, the company was still fundamentally a search-and-advertising business dressed up in moonshot ambition.
Alphabet (GOOGL) closed at $352.51 in the latest trading session, marking a -1.31% move from the prior day.
Alphabet Inc. is resilient due to its integrated hardware/software AI stack, but valuation is elevated at current levels. Cloud backlog stands at $462 billion, with significant customer concentration risk from Anthropic and a need to monitor backlog conversion rates. Capex is surging, with 2026 guidance at $185 billion and risks if spending outpaces monetization, especially into 2027-2028.
Google maintained steady user and traffic growth in June while rivals Claude and Gemini extended sharp gains, according to a new note from Bank of America. BofA reiterated its Buy rating on Alphabet Inc (NASDAQ:GOOG), pointing to comments from Google executives describing an "expansionary moment" for Search that could support continued strength into 2026.
Alphabet (NASDAQ:GOOG | GOOG Price Prediction) and Broadcom (NASDAQ:AVGO) both delivered blockbuster AI quarters, but the results hide a widening strategic gap.
Alphabet (GOOG) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.