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25.08.2024 18:33:00

3 Things Investors Interested in Alphabet Need to Know About Google's Cloud Business

There's no denying that Google parent Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL) is facing an alarming legal challenge right now. The Department of Justice (DOJ) has successfully argued that it's a monopoly...in more ways than one.The company intends to appeal the ruling, of course, but in the meantime is preparing to have to fend off the DOJ's recommendations for remedies. A divestiture of its Android operating system and/or its Chrome web browser are both possibilities, and Alphabet's payments to third parties to make Google their suggested search engine may also be coming to an end. We'll know more in September after the decision-making stage of the trial begins.Here's the good news: Google is a proven powerhouse and has been in similar situations before. So headlines may be making the matter seem to be more of a threat than it really is. Even if the company's forced to shed Chrome or Android, or required to share more data with competitors, it's going to be fine.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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Alphabet Inc (A) Cert Deposito Arg Repr 0.034482 Shs 3 550,00 0,85% Alphabet Inc (A) Cert Deposito Arg Repr 0.034482 Shs
Alphabet A (ex Google) 136,90 -5,48% Alphabet A (ex Google)
Alphabet C (ex Google) 138,86 -5,19% Alphabet C (ex Google)