Browsing: Alphabet

Google has been found to hold illegal monopolies in ad tech, harming publishers and users, according to a U.S. federal court ruling.

The EU’s Digital Markets Act targets Google and Apple for alleged anti-competitive practices, sparking legal and geopolitical tensions.

Amazon-backed Anthropic’s valuation soars to $61.5B after a $3.5B funding round, reinforcing its AI dominance.

Amazon is set to invest $100 billion in AI for 2025, surpassing last year’s $83 billion spend, as CEO Andy Jassy calls it a “once-in-a-lifetime” business opportunity.

Nvidia stock climbed 4% as Alphabet’s $75B capex plan reassured investors that AI spending remains strong despite concerns over China’s DeepSeek AI model.

The Dow surged 244 points as President Trump’s softer tariff approach reassured investors, with major indices rising on tempered fears over potential trade conflicts.

Broadcom surged 11% on Monday, extending its record rally fueled by AI growth, a $1 trillion valuation, and raised price targets from top analysts.

OpenAI launched a new ChatGPT search feature, pressuring Google and Bing as tech stocks reacted sharply, with Alphabet and Microsoft shares both declining in the wake of the news.

Google won a major legal victory as the EU’s second-highest court annulled a €1.5 billion antitrust fine, ruling the European Commission failed to assess key factors.

Wall Street surged Thursday as investors embraced the Fed’s first rate cut in four years, with major indexes rising and tech stocks leading the charge.