Alphabet Fined 2.95 Billion by European Commission - TipRanks.com
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Alphabet Fined 2.95 Billion by European Commission - TipRanks.com
"On September 5, 2025, the European Commission announced that Google LLC, a subsidiary of Alphabet Inc., violated European competition laws through self-preferencing practices in its advertising technology business. The EC imposed a €2.95 billion fine on Google and directed the company to stop these practices, though Google plans to appeal the decision."
"Spark's Take on GOOGL StockAccording to Spark, TipRanks' AI Analyst, GOOGL is a Outperform. Alphabet's strong financial performance and robust earnings call results are the primary drivers of its high stock score. The company's strategic focus on AI and cloud services is yielding significant growth, although valuation metrics suggest a fair price relative to peers. Technical indicators show bullish momentum, but caution is warranted due to potential overbought conditions. The antitrust decision poses a risk, but its impact is mitigated by the company's overall strength."
On September 5, 2025, the European Commission found that Google LLC violated European competition laws through self-preferencing in its advertising technology business and fined the company €2.95 billion while ordering an end to the practices; Google plans to appeal. The most recent analyst rating on GOOGL stock is Buy with a $280.00 price target. TipRanks' AI Analyst Spark rates GOOGL as Outperform. Alphabet's strong financial performance and earnings call results drive the high score. Strategic focus on AI and cloud services is producing significant growth, though valuation appears fair relative to peers. Technical indicators show bullish momentum with potential overbought risk. Average trading volume is 38,372,089 and current market cap is $2811.4B.
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