Alphabet shares rally; Italy closes antitrust probe
Alphabet's GOOGL.O shares up 2.5% to $296.73 on Friday; rounding off a big news week for the company, Italy's competition authority closed a probe over alleged unfair commercial practices in the use of personal data
GOOGL shares hit 3 intraday record highs this week following the launch of the latest model of its artificial intelligence model Gemini 3 on Tuesday and rallied on Monday after the late disclosure on Friday of a nearly $5 billion investment by Warren Buffett's Berkshire Hathaway BRKa.N
Co will change its consent request "by providing clearer and more accurate information on the implications of consent for the use of personal data", as well as on the range and volume of its services where consent may involve the "combination" and "cross-use" of personal data, the Italian regulator said in statement.
Elsewhere however, GOOGL will be aiming to avoid a breakup of its ad business in a U.S. court in a Department of Justice antitrust case
U.S. District Court Judge Leonie Brinkema in Alexandria, Virginia, ruled in April that GOOGL holds two illegal ad tech monopolies, and is now considering what the company must do to restore competition
GOOGL is up ~57% YTD vs NASDAQ Composite Index's .IXIC ~15% increase
Related Articles
Elon Musk’s SpaceX Poised for Record-Breaking IPO: How Can Retail Investors Get In on the Action of Starlink Stock?
TradingKey - Elon Musk's rocket manufacturer SpaceX is expected to launch an IPO in 2026, with a target IPO valuation projected to reach $1.5 trillion. However, prior to its listing, the stock can only be traded in the private market, characterized by low information transparency and high capital ba
Musk’s Next Ambition: Building a Space-Based AI Data Center
TradingKey - Musk has long resisted the idea of taking SpaceX public. After the Tesla take-private drama and the resulting SEC penalties (which cost him the chairmanship), he’s been wary of public market entanglements. But something’s changed—and fast.
Japan Central Bank Rate Hike To Three-Decade High Imminent, How Will The Market Go? Which Assets Most Affected?
As global monetary policy divergence enters a critical phase, the Bank of Japan (BoJ) is anticipated to raise its benchmark interest rate at the monetary policy meeting on December 19, 2025, by 25 basis points to 0.75% , marking its highest level in nearly 30 years.
Gold Price Steady Climb and the Sudden Surge of Silver and Copper: Will Their Bull Run Extend Into 2026?
Dow Jones Market Data shows this marks the first time since 1980all three metals—gold, silver, and copper—simultaneously refreshed their all-time highs in the same year. Will this rally extend into 2026?
