Chrome Browser and Android OSChrome controls about two-thirds of the global browser market. The Justice Department also requested that Google be prohibited from providing preferential access to its search engine on devices using its Android mobile operating system. This move aims to promote fair competition in the digital marketplace.Google Stock's Performance
As of Wednesday's market close, Alphabet stock had climbed 26% in 2024. However, following the Justice Department's action, it fell 4.6% to near 168. Apple stock, which had gained 18% during the same period, retreated 0.6% to 227.74.GOOGL stock has a 182.02 entry point and a Composite Rating of 90 out of a best-possible 99, according to IBD Stock Checkup.Follow Reinhardt Krause on Twitter @reinhardtk_tech for updates on artificial intelligence, cybersecurity, and cloud computing.
