We're concerned about Alphabet’s ad-based business model due to AI competition and the DOJ's lawsuit

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Investing Club: We're concerned about Alphabet’s ad-based business model due to AI competition and the DOJ's lawsuit

It's Alphabet versus Microsoft in artificial intelligence — and after decades of owning search, Google finds itself looking over its shoulder. While the Club owns both stocks, we're most concerned about Alphabet at the moment as it plays catch up in the AI arms race and faces a government antitrust lawsuit over its online advertising dominance. Last week was brutal for Alphabet shares.

The ongoing overhang on Alphabet from the DOJ's antitrust lawsuit is troubling and confusing. "It is tough when you have the Justice Department saying you have a monopoly and when you have the monopoly being destroyed at the same time by Microsoft," Jim said. Announced late last month, the DOJ's suit accused Google of "anticompetitive conduct" over the digital advertising market.

 

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