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Alphabet shares are said to have fallen by more than 4% as investors assessed new regulatory pressure in Europe and concerns about a delayed launch of Gemini 3.5 Pro.
The EU order would require Google to open certain Android features and share anonymized search data with its competitors under the Digital Markets Act.
The move comes as Alphabet continues to invest heavily in AI, with investors watching whether investments in cloud and AI can translate into more solid revenue growth.
Warren Buffett’s alleged support for Alphabet brought some comfort, but questions remain about capital expenditures (capex), regulation, and AI execution.
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