- Reuters
UPDATE 1-Google files motion for summary judgment in U.S. ad tech case
Alphabet Inc's Google on Friday asked a federal court in Virginia to reject a U.S. government lawsuit accusing the advertising and search company of anticompetitive practices in the online advertising marketplace. The government, which filed the ad tech lawsuit in January 2023 along with eight states, accused the company of abusing its dominance of the digital advertising business and argued that it should be forced to sell its ad manager suite. Google’s online advertising network, which includes ad manager, brought in 12% of the company’s revenue in 2021.
- Investor's Business Daily
Nasdaq Leads Rally; Snap Stock Soars On Big Surprise
Google stock soared after parent-company Alphabet reported its earnings results. This footwear stock rallies more than 10% after the company raised earnings guidance.
- Motley Fool
Why Alphabet Stock Was Soaring Today
The search giant turned a strong first-quarter earnings report and initiated a dividend.
