If the judge demanded Google to sell Chrome, how much would it be worth? $20 billion dollars.
If the judge agrees to the usa Department of Justice's proposal to force Google's parent company alphabet inc to sell its browser Chrome, the sale price for this business could reach up to 20 billion dollars. Bloomberg industry research analyst Mandeep Singh stated that if the sale goes through, given that Chrome has over 3 billion monthly active users, this business would be worth "at least 15-20 billion dollars." On Monday evening, in post-market trading, Bloomberg reported that it learned of a decision by usa Department of Justice antitrust officials to recommend on Wednesday the ruling from August this year deeming Google an illegal monopoly in search.
Could the S&P 500 Index Hit 6,500 by the End of 2025?
Futu Morning Post | Heavy financial report night! Options market pricing may lead to a $300 billion fluctuation in Nvidia's market cap; Trump nominates a hawkish individual to serve as Secretary of Commerce.
Goldman Sachs presents a significant outlook for the 2025 global stock market: valuations are too high, seeking Alpha opportunities; the USA is more closely embracing cryptos, with bitcoin reaching new historical highs; if the judge rules that Google sells Chrome, that business could be worth up to 20 billion dollars.
The antitrust institutions of the united kingdom have approved the partnership between Google (GOOGL.US) and Anthropic.
The United Kingdom's Competition and Markets Authority (CMA) stated on Tuesday that, under merger rules, the collaboration between Google and the ai company Anthropic does not meet the criteria for a comprehensive investigation, meaning this trade will avoid further scrutiny.
Top 20 by transaction volume | Super micro computer rose over 31%, the company submitted a compliance plan, and the delisting crisis received a "breather".
On Tuesday, the top trading volume in the US stock market had nvidia rise by 4.89%, with a transaction volume of 32.653 billion USD; Tesla rose by 2.14%, with a transaction volume of 30.345 billion USD; and bitcoin concept stock microstrategy rose by 11.89%, with a transaction volume of 21.161 billion USD.
U.S. stocks closed | The three major indexes showed mixed results, with the Nasdaq up more than 1%, nvidia rising nearly 5% ahead of its earnings report; bitcoin hitting a new high led to a strong performance in cryptos concept stocks, with microstrategy
The escalation of the Russia-Ukraine conflict temporarily drove up the dollar, yen, Swiss franc, gold and other safe-haven assets, while bitcoin first broke through 0.094 million dollars. Two days before the earnings report, nvidia rose by 4.9%, super micro computer surged over 31%, the index of Chinese concepts fell by 0.8%, Xiaopeng autos dropped nearly 4%, and weibo gained over 6%.