BEAMSTART Logo

Google Breakup On The Table, Nvidia AI Summit Moves The Stock But Resistance Ahead

Benzinga LogoBenzinga12h ago

Google Breakup On The Table, Nvidia AI Summit Moves The Stock But Resistance Ahead - Benzinga

Quick Summary:

The chart shows that volume was low on the threat of a breakup and also on the order to open the app store. This indicates that so far the stock market does not believe the news will harm Google. This is for two reasons: There is flawed analysis in the market that the sum of the parts is more than the current stock price. In The Arora Report analysis, the reason that the belief in the stock market is wrong is because the parts as separate companies will ...

The news is that the Department of Justice (DOJ), in a court filing, has put the breakup of Google on the table.  Previously, the judge had ruled that Google is a monopolist and established its monopoly with illegal practices.

The chart shows that previously there was some downward reaction to the news that a judge ordered Google to open the app store to competition.


More Pictures

Google Breakup On The Table, Nvidia AI Summit Moves The Stock But Resistance Ahead - Benzinga (Picture 1)

or

Article Details

Author / Journalist: The Arora Report

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-09 @ 15:33:54 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 706 words

Reading Time: 4 minutes read

Sentences: 29 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 22969950

View Article Analysis

About Benzinga

Benzinga Logo

Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 21 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Google Breakup On The Table, Nvidia AI Summit Moves The Stock But Resistance Ahead" has 706 words across 29 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Which news outlet covered this story?

The story "Google Breakup On The Table, Nvidia AI Summit Moves The Stock But Resistance Ahead" was covered 12 hours ago by Benzinga, a news publisher based in United States.

How trustworthy is 'Benzinga' news outlet?

Benzinga is a fully independent (privately-owned) news outlet established in 2010 that covers mostly technology news.

The outlet is headquartered in United States and publishes an average of 21 news stories per day.

It's most recent story was published 8 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #22969950
  • URL: https://beamstart.com/news/google-breakup-on-the-table-17284917881079

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2024 BEAMSTART. All Rights Reserved.