GOOGL Slumps on Rising Antitrust Risks and AI Competition
Alphabet Inc.'s stock has been trading down by -2.31% due to concerns over stricter antitrust regulations targeting big tech.
A U.S. appeals court cleared thousands of youth-addiction lawsuits against major platforms, putting Meta, GOOGL, Snapchat, and TikTok under heavier legal and regulatory pressure.
The same court denied a delay request for a state-led trial, signaling a tougher litigation climate for social media models that resemble Google's engagement playbook.
GOOGL still looks like a financial machine, with roughly $119.8B in quarterly revenue and a gross margin of 81.5%.