The US government/Department of Justice sues Google under the Biden administration, which will step down in 6 weeks, to get it to divest from the Chrome web browser, and Google loses 6% on this news?
A bit of an exaggeration in my opinion. With the combination of search, Chrome and Android, it is the gateway to the internet for billions of people every day. I don't think the US is going to hurt one of its best horses for the new age of AI in any significant way, especially not under Trump . I could be wrong, but I had a feeling that I had to buy, especially since I was waiting for a setback.
Google will probably have to part with Chrome, and to do so they will also have to make collected data available to the competition. However, the decision will not be made until next year. This means that Trump could influence the decision again
$GOOG (-5,01%) This segment is seeing accelerated growth for the Google Cloud Platform with generative AI solutions leading the way. What matters here is not only the growth in segment operating income, but also the strength of margins.
And we think the stock is reasonably valued with solid long-term potential for upside...
The Cloud business has become very profitable as well with a 17% operating margin, partly due to lower depreciation charges. Overall, $GOOG (-5,01%) has cut employees while adding revenues.
The company grew revenues by more than $11 billion YoY in the process of cutting employees to improve efficiency.
The stock also seems very fairly valued with great long-term potential for upside.. thoughts 🤔
