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Google would need to shift up to 2,000 employees for remedies, search head says
CNBC· 2025-05-09 19:29
Core Points - The trial regarding Google's search remedies is concluding, focusing on potential penalties for the company due to its illegal monopoly in the internet search market [2] - Google may need to reallocate between 1,000 and 2,000 employees, approximately 20% of its search organization, to implement some proposed remedies [1] DOJ Proposals - The Department of Justice (DOJ) has requested that Google share data used for generating search results, including click data [3] - The DOJ also seeks to eliminate "compelled syndication," which involves agreements that ensure Google's search engine remains the default option on browsers and smartphones [3]
2 Magnificent Seven Stocks that are Screaming Buys Today
The Motley Fool· 2025-05-09 07:10
By the end of last year, Magnificent Seven stocks may have seemed out of reach for many investors. These top technology players saw their shares surge -- and they even led gains in the S&P 500 index -- on optimism about the ability of artificial intelligence (AI) to revolutionize business and our daily lives. The Magnificent Seven players have been aggressively investing in AI, and many of them are leaders in the field, generating billions of dollars in revenue from the technology.But in recent weeks, these ...
Baidu Inc. (BIDU) Upgraded to Buy: Here's What You Should Know
ZACKS· 2025-05-05 17:05
Core Viewpoint - Baidu Inc. has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook based on rising earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is effective for individual investors as it focuses on earnings estimate revisions, which are strongly correlated with near-term stock price movements [2][4]. - An increase in earnings estimates typically leads to higher fair value calculations by institutional investors, resulting in buying or selling pressure that affects stock prices [4]. Baidu Inc. Specifics - The recent upgrade for Baidu Inc. reflects an improvement in its underlying business, which is expected to drive the stock price higher as investors respond positively to this trend [5]. - For the fiscal year ending December 2025, Baidu Inc. is projected to earn $10.08 per share, representing a 4.3% decrease from the previous year, but the Zacks Consensus Estimate has increased by 10.7% over the past three months [8]. Zacks Rank System - The Zacks Rank system classifies stocks based on earnings estimate revisions, with only the top 20% of stocks receiving a 'Strong Buy' or 'Buy' rating, indicating superior potential for market-beating returns [9][10]. - Baidu Inc.'s upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting a likelihood of upward movement in its stock price in the near term [10].