What's Going On With Google Shares Friday?
Portfolio Pulse from Vaishali Prayag
Google Inc. (NASDAQ:GOOG) shares are moving higher as the company faces challenges regarding its dependency on Apple's Safari browser. A DOJ antitrust case could force Google to stop paying to be the default search engine on iPhones, potentially impacting both Google and Apple financially. Google is exploring strategies to diversify its search traffic sources.
July 05, 2024 | 6:58 pm
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Google shares are up 2.52% as the company faces potential challenges with its dependency on Apple's Safari browser amid a DOJ antitrust case. Google is exploring strategies to diversify its search traffic sources.
The news highlights Google's proactive measures to mitigate potential negative impacts from the DOJ antitrust case, which has led to a positive market reaction. The company's efforts to diversify its search traffic sources are seen as a strategic move to safeguard its revenue streams.
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