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The Latest Breaking News from Amit Mehta

Are Hedge Funds Warming Up To Google Stock Amid Magnificent Seven Upheaval?

Here's what fundamental and technical analysis says about Google stock as generative AI presents new opportunities and risks for GOOGL stock.

Investors Business Daily

Google Makes Case For Keeping Chrome Browser

Google on Friday urged a US judge to reject the notion of making it spin off its Chrome browser to weaken its dominance in online search.

International Business Times

Google, Justice Department face off in climactic showdown in search monopoly case

Google will return to federal court Friday to fend off the U.S. Justice Department’s attempt to topple its internet empire at the same time it’s navigating a pivotal shift to artificial intelligence that could undercut its power

The Independent UK

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Antitrust Remedies Against Google Would Punish Consumers, Not Protect Them

Forcing the sale of Chrome or banning default agreements wouldn’t foster competition—it would hobble innovation, hurt smaller players, and leave users with worse products.

Reason

Google calls the US Department of Justice's proposed antitrust remedies 'extreme'

The U.S. wants Google to stop making deals to lift up its search engine, and wants to force a sale of its Chrome browser. Here's what Google has to say in response.

Android Central

Dow Jones Futures Rise As Trump To Unveil 'Major Trade Deal' With U.K.; MercadoLibre, AppLovin Soar

Futures rose as Trump touted a "major trade deal" with the U.K. MercadoLibre, AppLovin were among big overnight earnings winners.

Investors Business Daily

Google Shares Plunge After Apple Executive's Court Testimony

Shares in Google parent Alphabet plunged more than eight percent on Wednesday after Apple executive Eddy Cue testified in federal court that Google's search traffic on Apple devices declined last month for the first time in over two decades.

International Business Times

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Google Stock Takes Big Hit On Apple Search Disclosure In Antitrust Case

Google stock tumbled after an Apple executive said that Google internet searches on its mobile Safari browser fell for the first time in April.

Investors Business Daily

Time To Rebrand Alphabet As Gemini, Says Analyst. Is Google A Buy Or Sell?

Google could make news on the artificial intelligence front at a software developers conference or a marketing event.

Investors Business Daily

Alphabet CEO Pichai In Antitrust Trial Says Apple AI Deal Is Close

Alphabet CEO Sundar Pichai said in a court hearing that a licensing deal with Apple for Google's Gemini AI app appears close.

Investors Business Daily

Trial Testimony Reveals OpenAI Interest In Chrome: Reports

OpenAI is ready to buy Chrome if Google is forced to sell its popular browser as part of antitrust trial, a top executive testified Tuesday, according to media reports.

International Business Times

The US government is coming for Google and Meta – but what will happen next?

Google suffered another defeat last week in its clash with the justice department, while Meta hasn’t been able to wriggle its way out of antitrust cases either

The Guardian - US

US Urges Curb Of Google's Search Dominance As AI Looms

US government attorneys urged a federal judge Monday to make Google spin off its Chrome browser, arguing artificial intelligence is poised to ramp up the tech giant's online search dominance.

International Business Times

Google to face off with US government in attempt to break up company in search monopoly case

Google on Monday will confront an existential threat as the U.S. government tries to break up the company as punishment for turning its revolutionary search engine into a ruthless monopoly

The Independent UK

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Investors Business Daily

Federal Judge Rules Against Google In Advertising Antitrust Case. Trade Desk Gains.

A federal judge ruled that Alphabet has used classic monopoly-building tactics to dominate online advertising. Google stock fell amid the news.

Android Central

The DOJ’s latest proposal still wants Google to cut Chrome loose

The DOJ is sticking to its guns, pushing Google to sell off Chrome.

Investors Business Daily

Wall Street Hopes For Trump-Google Antitrust Deal Take A Blow

Hopes that President Trump could take a softer stance vs. Alphabet are fading, with the Justice Department renewing a call for a breakup.

Reason

Google Is Big. Does That Make It a Monopoly?

To understand the federal government's case against Google Search, you need to understand the different visions over monopoly and government power.

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The Guardian - US

US judge rescinds order barring Oath Keepers leader from Washington DC

Stewart Rhodes, ex-head of far-right group, had been banned from district and Capitol Hill without court consent