Group 1 - Google has launched a new AI-driven search tool to assist users in creating comprehensive travel plans, impacting travel-related stocks negatively, with Expedia, Booking Holdings, and Trip.com seeing stock declines of nearly 5% [1] - The new tool includes an expanded "flight deals" search engine within Google Flights, designed for travelers seeking last-minute deals and cost-effective destinations [1] - Travelers can share their potential travel plans in AI mode, select "create with Canvas," and view results in the Canvas sidebar, allowing for further recommendations and flight times [1] Group 2 - Google has introduced an AI mode with booking agent capabilities for users looking to book restaurants, event tickets, or spa appointments, searching options across multiple websites [2] - Users can make reservations through platforms like OpenTable, Ticketmaster, StubHub, and Booksy, with future plans to allow direct booking of flights and hotels within Google's AI mode [2] - Google aims to collaborate with various travel companies to ensure all the best options are easily accessible to users [2]

Core Viewpoint - Google may face a second fine from the EU in the coming months for violating significant tech regulations, as the European Commission is drafting a related ruling [1] Group 1: Regulatory Actions - Earlier this month, the European Commission imposed a fine of $3.45 billion (approximately €2.95 billion) on Google related to an online advertising technology case [1] - The new fine is connected to allegations made in March, which claimed that Google favored its own vertical search engines (such as Google Shopping, Google Flights, and Google Hotels) over competing products [1] - These cases against Google are initiated under the EU's Digital Markets Act [1] Group 2: Potential Outcomes - Sources indicate that Google may avoid the new fine if it can present an improved solution [1] - The European Commission is not in a hurry to conclude this case, considering the previous criticisms from the Trump administration regarding the EU's actions against large tech companies and the current trade tensions between the US and Europe [1]

Core Points - Google has proposed new adjustments to its search results to mitigate increasing criticism from competitors and avoid potential antitrust fines from the EU [1] - An important EU meeting is scheduled for July 7-8, where Google will discuss its proposal with competitors and the European Commission [1] - The antitrust allegations against Google stem from claims that it unfairly favors its own services, such as Google Shopping, Google Hotels, and Google Flights, over those of competitors [1]