|Bid||1,554.00 x 1100|
|Ask||0.00 x 800|
|Day's Range||1,520.75 - 1,573.84|
|52 Week Range||1,008.87 - 1,726.10|
|Beta (5Y Monthly)||1.11|
|PE Ratio (TTM)||34.10|
|Earnings Date||Oct 29, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1,758.61|
Google faces a big antitrust suit, Amazon offers to pay customers for shopping data and we review the iPhone 12. The suit accuses Google of "unlawfully maintaining monopolies in the markets for general search services, search advertising, and general search text advertising in the United States."
George Hay, Cornell University Senior Professor of Law and Professor of Economics, joins Yahoo Finance’s Akiko Fujita to discuss the Justice Department’s recent move to file a long-awaited antitrust suit against Google.
Investors do not seem concerned that the Department of Justice filed an antitrust suit against Google earlier today. The suit, seen by some as a stunt near the election, is one of a multi-part push to change the face of the technology industry, which has seen its wealth and power expand in recent years. For example, technology companies now constitute nearly 40% of the value of the S&P 500, ahead of a 1999-era 37% share, according to The Wall Street Journal.