Alphabet Stock News

South Africa's Competition Commission on Thursday unveiled a sweeping package of remedial measures from global tech platforms, including a 688 million rand ($40 million) media support package agreed with Google and YouTube, following a probe into market dominance.

Alphabet delivered stellar Q3 results, with strong growth in Google Cloud and Search, and robust overall fundamentals. GOOGL's aggressive CAPEX is justified by surging demand, especially in AI and cloud, with impressive backlog and expanding margins. Valuation has risen but remains attractive compared to IT sector peers; fundamentals support continued multiple expansion and upside potential.

South Africa's competition regulator announced on Thursday a series of concessions from global tech platforms, including a 688 million rand ($40 million) media support package agreed with Google and YouTube, following an investigation into the sector.

The European Commission has launched a fresh investigation into Alphabet's Google over whether its search ranking practices disadvantage news publishers and breach the European Union's Digital Markets Act (DMA).

YouTube TV subscribers hoping for an update on the Disney-Google dispute may be out of luck. Disney just told investors that it "cannot predict how long this service blackout will last.

The AI trade might have gotten a whole lot bumpier after rolling through big tech earnings season, but the boom still seems to be very much on the table.

“We're in the middle of negotiations right now. Things are live. They're happening.

The seven companies that make up the S&P 500's "Magnificent Seven" stocks have been on the rise for some time. Two years ago, they combined to account for 30% of the total valuation of the S&P 500 (SPX).