Alphabet Inc (GOOG)
Google hit with $3.45 billion EU antitrust fine over adtech practices
Alphabet's Google was hit with a 2.95-billion-euro ($3.45 billion) EU antitrust fine on Friday for anti-competitive practices in its lucrative adtech business, marking its fourth penalty in its decade long fight with EU competition regulators.
Google Is Fined $3.5 Billion for Breaking Europe's Antitrust Laws
European Union officials accused the American tech giant of using its size and dominance to undercut rivals in the online advertising market.
Google Fined $3.5 Billion by EU Over Ad-Tech Business
The bloc's antitrust regulators say the search giant may need to divest parts of its business.
‘I'm glad it's over.' Google CEO thanks Trump for antitrust 'resolution'
Alphabet this week added $230 billion to its market cap after avoiding a breakup in a landmark antitrust case brought by the U.S. Department of Justice in 2020. President Donald Trump congratulated Google CEO Sundar Pichai on his company's Tuesday antitrust penalties ruling, which came in lighter-than-expected and caused Alphabet shares to jump.
Alphabet's Stock Jumps as Antitrust Fears Ease: ETFs in Focus
Alphabet shares surge after a court ruling spares Chrome divestiture, easing DOJ pressure and lifting investor sentiment.
Alphabet Has Just Received Game-Changing News
Alphabet Inc.'s favorable antitrust ruling secures Chrome and Android, preserving its dominant ecosystem and future growth drivers. Despite some new requirements to share data with competitors, the core business threat is related to new AI-oriented players not other browsers. Still, GOOG is well-equipped to adapt. GOOG's financials remain robust, with double-digit revenue growth and a forward EV/EBITDA of just 14.2x, indicating undervaluation.
Alphabet Fair Value Analysis: The Stock Is Still Cheap
Fundamental undervaluation of 8% based on EV/revenue SoTP. Lots of potential in segments such as Other bets and Cloud in the long term. Analyst estimates and the chart support my thesis.
How Google's antitrust win could end up hurting the company
Google investors and employees are cheering the recent antitrust decision. The ruling shifts power, creating risks for the search monopolist.
Jury tells Google to pay $425 mn over app privacy
A US federal jury on Wednesday ordered Google to pay about $425 million for gathering information from smartphone app use even when people opted for privacy settings, the company confirmed.
Record French fines for Google and Shein over cookies
France's data protection authority on Wednesday issued record fines against search giant Google and fast-fashion platform Shein for failing to respect the law on internet cookies.
Google must pay $425 million in class action lawsuit over invading users' privacy, jury rules
A federal jury ruled Google must pay $425 million for invading users' privacy by continuing to collect data for millions of users who had switched off a tracking feature in their Google accounts.
Tech Ruling, Q2 Earnings Help Boost Hump Day Market
The favorable ruling for Alphabet yesterday buoyed the Nasdaq today; Q2 results came in late for Salesforce, American Eagle.
