Business and Finance News - 11.21.24

Author

Skool Projekt Staff
November 21, 2024

 

Good Morning, Students!

 

Question of the day: How would splitting off Chrome from Google affect competition in search and ads, and why might the government think this is a good idea?

 

Splitting off Chrome from Google could significantly impact competition in the tech industry. Chrome, the most widely used browser, defaults to Google Search, reinforcing Google’s dominance in the search market. By separating Chrome, users might be more likely to explore other search engines, fostering competition. Additionally, Google leverages data collected through Chrome to strengthen its advertising business. 

 

Without direct control of the browser, Google could lose some of its edge in tracking and targeting users, giving other advertisers a fairer chance. The Department of Justice argues that this move could break monopolistic practices, encourage innovation, and benefit consumers with better products, enhanced privacy, and lower advertising costs—all grounded in the principle that reducing market concentration fosters fair competition.

 

-Mr. Projekts

 

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TOP STORIES

 

*Comcast (CMCSA) - Comcast is an American multinational telecommunications and media conglomerate that provides cable television, broadband internet, and telephone services under the Xfinity brand. It also owns NBCUniversal, offering film and television production, broadcasting, and theme park operations.

 

*Ford (F) - Ford Motor Company is a global automotive manufacturer that designs, produces, markets, and services a full line of cars, trucks, SUVs, electrified vehicles, and luxury vehicles under the Ford and Lincoln brands.

 

*Google Cloud - Google Cloud is a suite of cloud computing services that provides infrastructure, platform, and software solutions to businesses and developers. It offers scalable resources for computing, data storage, machine learning, and analytics, enabling users to build, deploy, and manage applications efficiently.

*KPMG - KPMG is a global professional services firm offering audit, tax, and advisory services to organizations across various industries. Its expertise includes financial auditing, tax compliance and planning, and consulting on business performance, risk management, and technology integration.

 

*Target (TGT) - Target is a major American retail corporation that operates a large chain of discount department stores and hypermarkets, offering a wide variety of products.

 

*TJX Companies (TJX) - TJX Companies, Inc. is a leading off-price retailer of apparel and home goods. The company operates a variety of retail brands, including T.J. Maxx, Marshalls, HomeGoods, Sierra, and HomeSense.

 

THE MARKETS

Here’s how the major indexes did yesterday:

Here’s how leading market ETFs did yesterday:

Here’s how The Magnificent Seven did yesterday:

Here’s how the major cryptocurrencies did yesterday:

 

Disclaimer: This content is not intended as financial guidance. The purpose of this newsletter is purely educational, and it should not be interpreted as an encouragement to engage in buying, selling, or making any financial decisions regarding assets. Exercise caution and conduct your own research before making any investment choices. 

 

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