#antitrust-ruling

[ follow ]
#apple
fromAol
21 hours ago
Apple

Why Apple Stock Jumped on Alphabet's Big Day -- and Why Investors Should Care

Court ruling preserving Google's default search deals reduces Apple’s services revenue risk, supporting Services segment durability and easing major regulatory uncertainty.
fromThe Motley Fool
2 days ago
Business

Why Shares of Apple Are Surging Today | The Motley Fool

Apple shares rose after a judge allowed Alphabet to retain Chrome and continue paying partners to make Google the default search engine, benefiting Apple's revenue.
fromAol
21 hours ago
Apple

Why Apple Stock Jumped on Alphabet's Big Day -- and Why Investors Should Care

fromwww.mercurynews.com
2 days ago

US stocks rally as Alphabet and Apple jump after court victory

Google dodged a breakup that would have included selling its Chrome browser after a judge ruled against the government's toughest proposals in the biggest antitrust case in three decades. The decision was also a big win for Apple, as Google will still be allowed to pay its partners. Apple gets about $20 billion a year for making Google search the default on iPhones. Alphabet shares rallied 8%, touching a record high; Apple rose 2%.
US news
[ Load more ]