2,075.11 +5.45 (0.26%)
After hours: 6:03PM EST
|Bid||2,069.66 x 1100|
|Ask||2,075.00 x 1000|
|Day's range||2,034.42 - 2,076.23|
|52-week range||1,008.87 - 2,145.14|
|Beta (5Y monthly)||0.99|
|PE ratio (TTM)||35.31|
|Earnings date||26 Apr 2021 - 30 Apr 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||2,321.05|
Zoom Video Communications reported earnings after market close on Monday.
(Bloomberg) -- The U.S. government asked Google to fork over granular information on how its search engine works and makes money, seeking to prove that the internet giant is a monopoly.The U.S. Department of Justice and several state attorneys general are seeking comparable data on U.S. search results and related ads from Feb. 2, 2015 to Feb. 8, 2015 and from Feb. 3, 2020 to Feb. 9, 2020, according to a legal filing Monday.The Alphabet Inc. unit is being asked to share data on how and where users searched in those periods, the quantity of different types of ads, revenue from those ads and what the underlying bids were for them, among other details. The government told the company it wants the information within 30 days.The request suggests the DOJ wants to compare how Google presented search results and ads six years ago versus one year ago. That could help the government understand how the company’s grip on the search market evolved over time.Read more: Google Search Upgrades Make It Harder for Sites to Win TrafficThe Justice Department under former U.S. President Donald Trump and 11 Republican attorneys general originally filed the suit. Three other states have since joined, including California, the site of Google’s headquarters. The latest data request shows the government is pressing ahead under a new administration led by Democrat Joe Biden.The DOJ and Google have tussled in court over evidence discovery in the case, with the government seeking communications about the company’s market share, a partnership with Apple Inc., and competition between Google and Apple’s device operating systems. Google has said the government’s requests are too broad.The U.S. government alleges Google’s exclusive deals to distribute its search engine on browsers and phones, including Apple’s iPhones, violates the Sherman Act’s prohibition on monopolization. It’s the most significant U.S. monopoly case since the one against Microsoft more than 20 years ago.Google has said its deals don’t prevent consumers from switching to other search providers. The company argues its success rests on superior technology.(Updates with additional details on discovery in fourth paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
The fund, which Hohn founded in 2003, had a bumper year, seeing pre-tax profits jump 66% to $695m.