$MSFT (-0,07 %)
$GOOGL (-3,03 %)

Good morning my dears,

I have just been asked to reselect my browser on my smartphone.

I was wondering to what extent this new law will affect my two investments, Microsoft and Alphabet?

And couldn't it hurt Alphabet the most because Chrome is the default browser on most devices?

Let me know your thoughts on this in the comments.

The law on browser choice, more specifically the EU's Digital Markets Act (DMA), aims to promote competition in the digital space by imposing more obligations on big tech companies to give users more choice, especially when it comes to choosing browsers and search engines.

Background:

The DMA is an EU law that came into force on March 6, 2024 and is aimed at "gatekeeper" companies, i.e. large platforms that play an important role as intermediaries between users and digital services.

The aim is to prevent these gatekeepers from exploiting their dominant market position to suppress competition and restrict choice for users.

In concrete terms, this means the choice of browser:

Users should be able to freely choose their default browser on their devices without being restricted by pre-installed apps or other measures.

This applies to Android devices as well as other platforms on which major technology companies offer services.

Google Chrome, for example, has been required by the EU to offer users a choice of search engines when they launch the browser for the first time.

The law is also intended to facilitate interoperability between different services so that users can, for example, exchange data between different platforms more easily.

In summary, the Browser Choice Act, or DMA, is an important step towards making the digital market fairer and more open by giving users more control and choice when using browsers and other digital services.

Hello everyone,

Things have been a bit quiet for me over the last few months.

Here are a few investments that I made during this period and also during the crash.

Buy:

$NVO (-1,61 %)

Tranche: Entry at €57.90

Tranche: € 64.60

$COIN (+7,4 %)

Entry at € 205.25

$NET (-0,68 %)

Entry at € 108.32

$GOOGL (-3,03 %)

Entry at € 140.40

$BBAI (+1,02 %)

Further tranche at € 3.26

Sell:

$LMT (-0,42 %)

Sell at 426€

$HIMS (+6,8 %)

Sale at 40,99€

During this time, I also $RHM (+1,9 %) and $TSLA (+0,99 %) shorted, losing 100% on the respective shorts :D.

What investments did you make during this time?

Yes sir! The squirrel eats hard 😌🐿️

Here are some thoughts on the shortening of the dollar:

Where does the dollar currently stand?

-> still historically high, but!

Current bias of the market:

-> shorting the dollar is therefore not

original idea (crowded trade)

Some catalysts for a dollar reversal:

> Trade surplus and financing abroad decrease

(Example: remittances to Mexico fall to a historic low)

-> growing "dollar shortage

> US dollar has decoupled itself from the rise in interest rates in the short term. This will become relevant in due course (more on this in the conclusion).

(shown is the expected interest rate differential of the USA compared to the other G10 countries - over the next 2 years)

Conclusion/opinion: Even if the US dollar has lost its "safe haven" status in the eyes of some investors, despite its historically high valuation, I believe we will see a return to "dollar safety" with the next full-on crisis in another country, especially EM.

It has to be said that I am personally bearish on the dollar in the long term (10+ years), but it is easy to nuke your account when shorting.

I also don't think hedging is necessary for 99% of the community, as it also requires the right sizing, for example - not to mention that I think it only makes sense from a portfolio size of mid 6-digit to 7-digit range.

On this topic @Epi and @leveragegrinding have also written articles on this topic, take a look at them!

For the additional reach 😉

$NVDA (-1,17 %)
$GOOGL (-3,03 %)
$1211 (+1,58 %)
$MSFT (-0,07 %)
$BTC (-0,03 %)

Maybe I'll get myself some Youtube Premium - these ads are annoying all the time

$GOOGL (-3,03 %)

Alphabet

• Morningstar Rating: 4 stars
• Morningstar Economic Moat Rating: Broad
• Morningstar Uncertainty Rating: Medium
• Sector: Internet content and information

Alphabet is a holding company that wholly owns internet giant Google, with Google services accounting for nearly 90% of Alphabet's revenue. We view Google as a pioneer in AI, and its investments in AI are a continuation of its efforts to secure its core product, Google Search. This cheap AI stock is trading 27% below our fair value estimate of $237 per share.

"We view Alphabet as a conglomerate with excellent businesses. With solutions ranging from advertising to cloud computing to self-driving cars, Alphabet has become a true technology giant, generating tens of billions of dollars in free cash flow annually. Although antitrust concerns regarding Alphabet's core business, the search engine, have made headlines, we remain confident in Alphabet's overall strength and expect the company to remain at the forefront of a variety of industries, including search, artificial intelligence, video and cloud computing.

Alphabet's core strategy is to maintain its strong advertising business, with the majority of advertising revenue coming from Google Search. To this end, the company has invested significantly in improving its search capabilities over the years to ensure that its search engine remains firmly entrenched in the way hundreds of millions of users access information on the internet.

We see the company's investment in AI as a continuation of these efforts to protect its core product, Google Search. We believe that by deploying generative AI, Google can not only improve the quality of its search through features such as AI overviews, but also optimize its advertising business by improving its ability to target customers with relevant ads.

In the area of antitrust, we do not expect Google's search business to deteriorate significantly due to government or court intervention. While there are a number of possible outcomes depending on what remedies are imposed, we believe it is likely that Google will maintain its leadership position in search and text-based advertising over the long term.

Beyond search, we see positive prospects for Alphabet's cloud computing platform, Google Cloud Platform. We believe that the increasing shift of workloads to the public cloud and the rise in the adoption and use of AI will be key growth drivers for GCP over the next five years. At the same time, we expect GCP to become an increasingly important part of Alphabet's overall business from both a revenue and profitability perspective as it grows in size."

Malik Ahmed Khan, Morningstar Analyst

Source:

https://www.morningstar.de/de/news/259389/die-besten-ki-aktien-zum-kaufen.aspx?utm_campaign=intl_newsletter_email&utm_medium=email&utm_source=sendgrid