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The Latest Breaking News from Alphabet

Alphabet hails ‘once-in-a-generation’ AI opportunity as revenue rises

Shares surge after tech giant issues first ever dividend and posts revenue of $80.5bn, up 15% since last year, despite staff turmoil

The Guardian - US

Alphabet earnings impress as the AI race heats up

Alphabet announces its Q1 2024 financial earnings, reporting a 15% increase year-over-year on strong performance from Search, YouTube, and Cloud.

Android Central

Stocks Plunge Before the Open as Meta’s Revenue Forecast Disappoints, U.S. GDP Data and Earnings in Focus

June S&P 500 E-Mini futures (ESM24) are down -0.53%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.87% this morning as a disappointing revenue outlook for the current quarter from Meta weighed on sentiment, while market participants braced for a new round of U.S. economic data and quarterly reports…

Barchart

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Google just changed forever

One could argue that Google just made its biggest announcement in years, as it formed a new "Platforms and Devices" division. I can't shake the feeling that the Google that we know and love will never be the same again.

Android Central

Google AI For Cloud: Tech Giant Partners with ARM to Create High-Performance AI Chip

Google unveils Axion chip to rival Amazon and Microsoft in the cloud race, promising lower costs and higher performance for some tasks.

International Business Times UK

2 Magnificent Stocks Under $200 to Buy and Hold Forever

Both of these companies have a stronghold in their respective markets, with potential for more growth in the coming years.

Barchart

Google's Potential Mega Deal Raises Antitrust Concerns

Google's potential merger with Alphabet raises antitrust concerns and could reshape the tech industry landscape.

Top News

Wait, vMVPDs Are Real, Profitable Businesses, After All?

Also in this week's 'Next Text,' we examine Opening Day's (outsized?) TV demand, Kim Mulkey's (also outsized) outrage ... and a big moment for women's hoops

Broadcasting & Cable

EU investigates Meta, Alphabet and Apple for violating competition rules

European regulators believe tech giants may not be meeting several Digital Markets Act standards.

Axios

Alphabet, Apple, and Meta are under investigation in Europe for non-compliance with the Digital Markets Act

The three tech giants are being investigated for potentially failing to comply with new rules.

Android Central

Negative Corporate News Undercuts Stocks

The S&P 500 Index ($SPX ) (SPY ) this morning is down -0.27%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.28%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.50%. Stock indexes this morning are mildly lower on some negative corporate news. United...

Barchart

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The Guardian - UK

EU investigates Apple, Meta and Google owner Alphabet under new tech law

Technology groups face hefty fines if they are found guilty of breaching Digital Markets Act

International Business Times

EU Probes Apple, Google, Meta Under New Digital Law

The EU on Monday hit Apple, Google parent Alphabet and Meta with the first ever probes under a mammoth digital law, which could lead to big fines against the US giants.

iMore

BREAKING: EU opens investigation into Apple over DMA compliance — Apple could face a fine of up to 10% of its worldwide turnover

The EU has announced it is investigating Apple over its compliance with the Digital Markets Act.

Android Central

What the Apple antitrust case means for Google and Android

The U.S. Department of Justice says Apple maintains an illegal monopoly. Here's what that means.

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Top News

Apple Faces Antitrust Lawsuit, Echoes Microsoft Case From 1998

DOJ's antitrust case against Apple echoes the Microsoft case, shaping competition in the tech industry.

Barchart

The 'Gemini iPhone' Would Be a Win for Google Stock

Reports are swirling that Apple and Alphabet are in talks to bring Google's generative AI model, Gemini, to the iPhone. Here's why the partnership would be a win for Google - and why the stock looks like a buy at current levels.

Radio France Internationale

France slaps Google with €250m fine over EU media rules and AI use

France's competition watchdog on Wednesday announced it had fined Google's parent company, Alphabet, €250 million. The penalty stems from a 2019 EU law requiring online platforms to compensate media outlets for using their content.

Barchart

Stocks Settle Higher on Strength in Megacap Tech Stocks

The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.63%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.20%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.99%. Stocks on Monday posted moderate gains, led by strength in megacap technology stocks. Tesla...

International Business Times

Google, Apple Discuss Integrating Gemini AI Into iPhones, Stocks Soar

Google and Apple are reportedly in talks to integrate Gemini's generative AI technology into iPhones, sparking a surge in both companies' stock prices.

Kiplinger

Stock Market Today: Nasdaq Soars on Strength in Magnificent 7 Stocks

The main indexes started the week strong after several mega-cap stocks rallied.

Barchart

Strength in Technology Stocks Leads the Broader Market Higher

The S&P 500 Index ($SPX ) (SPY ) this morning is up +1.05%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.37%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.63%. Stocks this morning are moderately higher, led by strength in technology stocks. Alphabet...

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