Alphabet's Ad Business Got a Lift From a Key Antitrust Ruling, Helping End Google's Worst Losing Streak in Over a Decade. Is Sundar Pichai's Alphabet Stock a Buy Now?

Key Points The stock has trended downward, despite the fact that antitrust authorities will leave Google Advertising intact. Even with the focus elsewhere, Google Advertising accounted for 68% of the company's revenue in the latest quarter. Advertising may be what is funding the company's transition to AI. 10 stocks we like better than Alphabet › From a company perspective, the outlook for Google parent Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) continues to improve. Earlier this month, a federal judge rejected the Justice Department's efforts to force the company to sell its ad exchange, Chrome, Android, AdTech, and other apps that support Google Advertising.