April 17, 2025 – Alphabet Inc.'s Class C stock (NASDAQ: GOOG) experienced a decline today, trading at $153.50 as of 12:38 PM EDT, down $2.00 or 1.30% from its previous close of $155.50. The stock opened at $156.61 but fell to a daily low
The antitrust lawsuit was brought by the U.S. Department of Justice, which sought a breakup of Google’s advertising business, or at least force it to hive off Google Ad Manager.
Despite a broad tech correction, Netflix stands out as a rare green beacon, with gains over the past month, year-to-date, and year. Bullish momentum and technical indicators suggest further potential. In contrast, other tech giants like Apple, Microsoft, and Amazon have all seen losses in 2021. Netflix's performance in the market sends a strong message, with the S&P 500 down 10% year-to-date. It seems Netflix has shifted the focus from streaming wars to being a stock market standout.
Google, a part of Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG), is confronted with a £5 billion ($6.6 billion) class action lawsuit in the U.K. The company is accused of exploiting its dominant market position in the online search industry.
Former Meta COO Sheryl Sandberg testified in an antitrust trial, revealing efforts to block ads from competitors like Google Plus and KakaoTalk, while Mark Zuckerberg acknowledged TikTok's dominance over Facebook and Instagram.
The lawsuit was filed by academic Or Brook with the U.K. Competition Appeal Tribunal, claiming that Google restricted competing search engines using its market dominance.
Many recent analyst price target updates lowered expectations on Meta Platforms by north of 10%. However, upside is still in play for this advertising king.
