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Teads is taking Google to court over alleged ad-tech monopolization, pointing to a federal antitrust ruling and claiming 6.88 trillion lost impressions. The suit lands as Google faces a fresh wave of European penalties and private claims.
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Alphabet (GOOGL) jumped 3.5% on July 15, but analysts remain cautious on valuation and earnings visibility as Q2 reporting season kicks off. The AI trade is cooling, and the bar for big tech is set high.
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Berkshire Hathaway Vice Chair Greg Abel has amassed an estimated $31 billion position in Alphabet (GOOGL), making him a major institutional shareholder. The stock dipped 1.10% in Tuesday trading amid a debate over whether AI fundamentals have become detached from prices.
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Europe’s top court has slammed the door on Google’s eight-year fight against a record $4.7 billion antitrust fine, ruling the tech giant illegally used Android’s dominance to lock in its search monopoly. The decision is final, with no further appeals.