Huge News for Google Stock Investors

The wait is finally over for Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) shareholders. In a case that had the potential to upend the entire internet, the market received its determination of remedies in the Google Search monopoly case. Even though Google was deemed a monopoly business in the search engine market, a federal court judge decided against harsh remedies in the case due to the continued surge of artificial intelligence (AI) competitors in the past year.Alphabet will keep its Chrome internet browser and Android mobile operating system, and can still pay Apple a hefty fee to make Google Search a default choice on its hardware devices. Alphabet has to do is share data with search engine competitors, which will likely not harm the business. This is gargantuan news for Alphabet's business, with the stock up over 10% this week on the announcement. Here's what the court ruling means and whether Alphabet stock is still a buy at all-time highs today.Dominating the search engine category came from Google's superior product, but it also came from its ecosystem of free software that it provided internet users. Two of the key products it developed and acquired -- Android was bought by Google for $50 million -- were Chrome and Android.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool