Alphabet's AI Edge Survives Court Ruling, but Is There a Long-Term Risk?

Google parent Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) faced a frightening challenge after its search engine business was declared an illegal monopoly last August. Since then, investor concern over the potential consequences dampened Alphabet stock's performance.That changed on Sept. 2, when a federal judge finally delivered the legal penalties, and they largely favored Alphabet. The news sent the company's stock to a record high.Even so, Alphabet didn't escape unscathed. While the penalties pose no immediate threat, over the long run, the possibility exists for damage to its critical artificial intelligence (AI) business. Digging into the court ruling's implications can reveal if the tech titan's AI aspirations face long-term risk.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool