Latest news with #GOOGL
Business Insider
11 hours ago
- Business
- Business Insider
Google (GOOGL) Losses Its Appeal in High-Profile Epic Games Lawsuit
Tech giant Google (GOOGL) has lost its appeal in a high-profile lawsuit brought by Epic Games, the maker of Fortnite, according to Bloomberg. In fact, the U.S. Court of Appeals for the Ninth Circuit upheld a previous ruling that found Google's Play Store policies to be anticompetitive. This means that Google will now have to change how its app store operates and allow developers to create their own marketplaces and billing systems instead of being forced to use Google's. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Interestingly, the original antitrust ruling, which was issued in December 2023, found that Google was running the Play Store as an illegal monopoly. Indeed, a jury determined that Google's practices, including charging developers fees of up to 30% and making secret deals with rivals to prevent competition, unfairly limited the Android app market. In addition, Judge Margaret McKeown explained that antitrust laws can require companies to stop certain actions (even if those actions are normally legal) when it's needed to fix or prevent unfair business practices. In response to the court's decision, Google stated that it had concerns about the potential impact on users and developers. It argued that the ruling could 'significantly harm user safety' and reduce innovation on the Android platform. Despite the loss, Google plans to continue appealing while focusing on keeping its platform secure, according to comments made by Lee-Anne Mulholland, Google's vice president for regulatory affairs. Is Google Stock a Good Buy? Turning to Wall Street, analysts have a Moderate Buy consensus rating on GOOGL stock based on 26 Buys and nine Holds assigned in the past three months. Furthermore, the average GOOGL price target of $214.42 per share implies 11.8% upside potential.
Yahoo
21 hours ago
- Business
- Yahoo
Alphabet's Google Loses Appeal in Epic Games' Antitrust Lawsuit
Alphabet's (GOOG, GOOGL) Google lost its appeal to overturn a jury verdict and federal court order i
Yahoo
a day ago
- Business
- Yahoo
Crinetics Pharmaceuticals, Inc. (CRNX)' Oral Acromegaly Drug Nears FDA Decision After Strong Phase 3 Data
We recently compiled a list of Crinetics Pharmaceuticals, Inc. stands fifth on our list. Crinetics Pharmaceuticals, Inc. (NASDAQ:CRNX) stands fifth on our list among the best future growth stocks to buy now. It is a clinical-stage biopharmaceutical company focused on developing oral, small-molecule therapies for rare endocrine diseases and tumors. Its lead candidate, PALSONIFY (paltusotine), is an investigational once-daily oral somatostatin receptor type 2 (SST2) agonist being developed for acromegaly. At the July 2025 ENDO Annual Meeting, Crinetics Pharmaceuticals, Inc. (NASDAQ:CRNX) presented long-term data from the open-label extensions of its PATHFNDR-1 and PATHFNDR-2 Phase 3 trials, showing that PALSONIFY maintained durable IGF-1 control, reduced symptom burden, and had a consistent safety profile. These findings strengthen its case as a next-generation oral alternative to current injectable therapies, which are the standard of care for acromegaly. The company is now approaching a major inflection point, with a PDUFA date set for late 2025, potentially making PALSONIFY the first oral treatment approved for acromegaly. This would represent a significant shift in disease management and convenience for patients. A scientist in a laboratory looking into a microscope, researching advances in biopharmaceuticals for central nervous system disorders. Beyond PALSONIFY, Crinetics Pharmaceuticals, Inc. (NASDAQ:CRNX) is advancing other pipeline programs, including Atumelnant, aimed at treating congenital adrenal hyperplasia and ACTH-dependent Cushing's syndrome, as well as several early-stage endocrine disorder therapies. The corporation also expanded its workforce in July 2025, granting equity awards to 46 new employees to support future growth. While we acknowledge the potential of GOOGL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Sign in to access your portfolio
Yahoo
2 days ago
- Business
- Yahoo
SoundHound Bets Big on Multilingual AI: Can It Outrun Rivals?
SoundHound AI, Inc. SOUN is doubling down on its multilingual and multimodal foundation model, Polaris, as a cornerstone of its competitive edge in the voice AI landscape. In first-quarter 2025, the company highlighted that Polaris now supports nearly 30 mature languages—substantially more than many of its rivals—and outperforms peers in noisy environments with up to 35% lower word error rates and four-times faster average aggressive multilingual push is timely. As enterprises scale globally and voice interfaces expand into customer service, hospitality, and automotive applications, language agility becomes critical. SoundHound's positioning is particularly strong in international markets, where legacy players have struggled with localization. Integration of Polaris across acquisitions such as SYNQ3, Allset, and Amelia has already led to enhanced upsell and cross-sell traction across verticals, further strengthening its value competition is fierce. Big Tech incumbents like Amazon and Google are expanding their voice AI stacks, while startups crowd the market amid the Gen AI wave. Although SoundHound's tech credentials are deep, execution remains key. Gross margins slipped in the first quarter due to acquired contracts, and the path to profitability hinges on scale, operational efficiency, and customer with strong enterprise demand, over 2 billion voice queries per quarter, and a growing pipeline, SoundHound's multilingual edge may prove a durable moat—if it can maintain its innovation lead and convert trials into long-term revenue. Can SOUN Outpace GOOGL and BIDU in Voice AI Innovation? In the multilingual voice AI race, SoundHound faces stiff competition from both tech giants and niche specialists. Two notable rivals are Alphabet Inc. GOOGL and Baidu, Inc. BIDU. Alphabet's Google Assistant remains a dominant force globally, offering multilingual capabilities and deep integration across Android and smart home devices. GOOGL's strength lies in scale, brand trust, and search-backed contextual awareness—advantages that continue to challenge SOUN's enterprise-focused Baidu is leveraging its Ernie Bot and deep AI research in China to expand multilingual support in voice interfaces, especially across automotive and smart devices. Baidu's strength in Mandarin and regional dialects gives Baidu an edge in Asian markets, where SoundHound is still building its SOUN may outshine GOOGL and BIDU in real-time response and speech accuracy in noisy environments, both GOOGL and BIDU are aggressively investing in conversational AI, making the competitive road ahead increasingly tough for SoundHound. SOUN's Price Performance, Valuation and Estimates SoundHound's shares have gained 16.8% in the past three months, outperforming the Zacks Computers - IT Services industry's 1.6% growth. SOUN Price Performance Image Source: Zacks Investment Research In terms of its forward 12-month price-to-sales ratio, SOUN is trading at 22.53, up from the industry's 18.55. P/S (F12M) Image Source: Zacks Investment Research Over the past 60 days, the Zacks Consensus Estimate for SOUN's 2025 loss per share has remained unchanged at 16 cents. Nonetheless, the estimated figure indicates an improvement from the year-ago loss of $1.04 per share. Image Source: Zacks Investment Research SOUN currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Baidu, Inc. (BIDU) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report SoundHound AI, Inc. (SOUN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Business
- Yahoo
Jim Cramer Discusses Alphabet in Light of AI Race
Alphabet Inc. (NASDAQ:GOOGL) is one of the stocks Jim Cramer shed light on. During the episode, Cramer called Sundar Pichai, 'visionary CEO of Alphabet,' and said: 'Last night, I listened to Sundar Pichai, he's the visionary CEO of Alphabet, talk about AI and how much it means to his company. I'll just give you one quote here, 'AI is positively impacting every part of the business, driving strong momentum. This quarter, Search delivered double-digit revenue growth.' But then he goes on to say, 'AI Overviews now has over 2 billion monthly users across more than 200 countries and territories and 40 languages.' pawel-czerwinski-fpZZEV0uQwA-unsplash Alphabet (NASDAQ:GOOGL) provides a wide range of digital products and services, including advertising, cloud computing, and enterprise collaboration tools. The company also invests in ventures involving healthcare and advanced internet technologies. While we acknowledge the potential of GOOGL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
