Alphabet (GOOG) Stock

Even with the DOJ's antitrust lawsuit, I think Google shares are still a good investment because the company has valuable assets that could be worth more if separated. My analysis suggests that Google's key revenue sources, such as Google Cloud, YouTube, and Search, could be more valuable on their own, showing potential for growth even if they are split up. Although the DOJ's suggested actions, like selling Chrome and ending exclusive agreements, may seem like challenges, they are unlikely to significantly damage Google's overall business.

According to a court document filed by Google on Wednesday (Nov. 27), the company believes that a judge's decision in an antitrust case from Epic Games should be dismissed. This ruling, which Google is challenging, would require the company to alter its Google Play app store, as reported by Bloomberg.

On Wednesday, Google asked a federal judge to dismiss a ruling from an antitrust case that Epic Games won last year, as reported by Bloomberg. The company, which is part of Alphabet, wants to prevent court orders that would require major changes to the payment system of the Google Play Store.

Earlier this year, shares of Alphabet, the parent company of Google, saw an increase. The stock climbed from a low of $127.90 in December to reach a high of $191.75 in July.

Meta Platforms, the biggest social media company in the world, has experienced a remarkable increase of almost 660% in its stock price over the last ten years. This growth has been fueled by the fast expansion of its main apps, including Facebook, Instagram, Messenger, and WhatsApp, along with rising advertising revenues.

There have been three industrial revolutions in history, each marked by the use of new technologies. The first was driven by steam engines, the second by electricity and telecommunication, and the third by microprocessors and the internet. According to Dan Ives, an analyst at Wedbush Securities, artificial intelligence represents the fourth industrial revolution.

Google's stock is under pressure because of the Department of Justice's suggested antitrust solutions, which may include selling off Chrome. However, Google is still performing well financially, with a 15% increase in revenue for Q3 2024 compared to the previous year and record-high operating margins. It seems unlikely that Google will have to sell Chrome; instead, they may face milder measures like limiting exclusive contracts and allowing other search engines to be used in Chrome.

Yahoo Finance's Legal Reporter Alexis Keenan talks with Catalysts Hosts Seana Smith and Madison Mills about the potential consequences for Alphabet's Google if the US Justice Department wins its antitrust case, which could force Google to sell its Chrome search browser. They also discuss the possible impact of this significant ruling on the larger Big Tech industry. Yahoo Finance offers free stock data, current news, and various tools to assist with financial management.

A judge in charge of the U.S. Department of Justice's antitrust case against Google regarding online searches stated that the trial set for April to discuss ways to bring back competition in the market will not be postponed for any adjustments that officials from the Trump administration might want to make.