Forced to sell the Chrome browser, Google's total market value evaporated by 700 billion yuan overnight
Alphabet closed down 4.74%, with a total market value evaporating by approximately $102.2 billion compared to the previous trading day. On the news front, the U.S. Department of Justice and several state governments proposed significant reforms for Google, including the forced sale of its Chrome browser, as government agencies determined that this tech giant illegally monopolized the online search market
Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments