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☆ The CEO of $50 billion adtech giant The Trade Desk is calling for Google to be broken up
▼ + stars: | 2024-09-12 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +5 min

"I've always said The Trade Desk managed to win in an unfair market — imagine what we could do in a fair market." Since its founding in 2009, The Trade Desk — which operates a demand-side platform for advertisers and ad agencies — has grown into an adtech juggernaut. Having debuted on the Nasdaq in 2016, the California-based adtech company now has a market capitalization of almost $50 billion. In it, Google named-checked The Trade Desk as one of those alternative players in the ad market. Green said he found the comparison flattering when Sundar Pichai, in 2022, named TikTok and The Trade Desk as its competitors.

Persons: —, Jeff Green, Green, I've, Sundar Pichai, David, Goliath, Jed Dederick Organizations: Service, US Department of Justice, Google, Business, ExchangeWire's ATS, Trade, US Department of, DOJ, Meta, YouTube, Publishers, CMA, UK's, Markets Authority, Nasdaq, London Locations: London, California, Virginia

☆ Inside the landmark Google adtech antitrust trial that could transform the $700 billion global digital ad market
▼ + stars: | 2024-09-09 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +9 min

The DOJ and the states are seeking a breakup of Google's adtech business. Separately, they said that while a separation of Google's ad server and its ad exchange would be good for competition in the adtech market, it might drive ad server costs up for publishers. Google's ad server is "a loss leader, they make all their money in AdX," the exec said, referring to Google's ad exchange that connects buyers and sellers. Global regulators have Google in their sights, tooAny unraveling of Google's ad empire would be complex. Over the pond, the European Union said last year it might look to break up Google's adtech business.

Persons: —, Google's, Tim Nollen, isn't gunning, adtech, Macquarie's Nollen, Bietti, Mark Jamison, there's, Arielle Garcia Organizations: Service, Eastern, Business, US Department of Justice, Google, DOJ, Microsoft, Macquarie, Publishers, US Department of, Northeastern University, Public Utility Research Center, Digital Markets, University of Florida, Global, European Union Locations: Virginia, AdX

☆ Google’s search business was declared to be a monopoly. Now its ad business is on trial
▼ + stars: | 2024-09-09 | by ( Brian Fung | ) edition.cnn.com time to read: +9 min

The long-awaited Google-DOJ showdown focuses on the $31 billion portion of Google’s ad business that matches website publishers with advertisers. “One monopoly is bad enough, but a trifecta of monopolies is what we have here,” said Wood, the DOJ attorney, referring to Google’s publisher ad server business, its advertising exchange AdX, and its advertiser ad network. Authorities have called for that group of businesses within Google — which is distinct from Google’s search or search ads business — to be broken up. Factoring in those other sources of competition drops Google’s share of the ad exchange market from 34% to 17%, said Dunn, Google’s attorney. Still, a breakup of Google’s ad tech business could potentially trigger a shakeup of the digital advertising industry and Google’s role within it.

Persons: —, ” Julia Tarver Wood, Leonie Brinkema, “, ”, Karen Dunn, Google’s, Kamala Harris, Donald Trump, Albert V, Alex Wong, Tim Wolfe, DOJ’s, Wood, ” Wood, Trump, Dunn, Google, Clinton, Brinkema, Neal Mohan, ” It’s Organizations: CNN, Google, US Department of Justice, DOJ, Biden, Blockbuster, Justice Department, Bryan United, Courthouse, The Justice, Gannett, USA, Army, Authorities, Meta, Microsoft, Netflix, Big Tech, Court, Eastern, of, Justice, Comcast, Disney, The New York Times, YouTube Locations: Virginia, Google’s, Alexandria , Virginia, of Virginia

☆ Using options to try to catch the bottom in CrowdStrike
▼ + stars: | 2024-07-30 | by ( Nishant Pant | ) www.cnbc.com time to read: +4 min

This drop in such a short period seems overly exaggerated, and I'm on the lookout for signs of a bounce to initiate a bullish trade on CRWD. DMI (Directional Movement Index): The DMI is composed of three lines: DI+ (green line), DI- (red line), and ADX (blue line). When the DI- (red line) is above the DI+ (green line), it indicates a downtrend. Note that both DI- and DI+ are changing direction, which provides the first indication of a possible trend change. The Trade To take a bullish trade on CRWD, I'm using a trade structure called a "bull call spread."

Organizations: Microsoft, Apple, Nasdaq, RSI, CNBC, NBC UNIVERSAL Locations: CRWD

☆ A bearish options trade on a travel stock running up against resistance
▼ + stars: | 2024-06-18 | by ( Nishant Pant | ) www.cnbc.com time to read: +3 min

The stock price is stalling near resistance around the $128 price level and I have a bearish options trade to capitalize on it. To further confirm a bearish bias on EXPE, I am using 3 technical indicators in the chart below: RSI (Relative Strength Index): As a stock climbs up, the Relative Strength Index (RSI) gauges the strength of the trend. DMI (Directional Movement Index): When the DI+ (green line) is above DI- (red line), the stock is in an uptrend. The Trade Setup: A Bear Put Spread I am using a “bear put spread” as my trade structure here. Most trading platforms will offer a bear put spread (or long put spread) as a trade type and automatically construct the trade for you.

Persons: EXPE, ADX, Nishant Pant Organizations: Expedia, RSI

☆ A bearish options trade on this health care giant that's starting to show signs of cracking
▼ + stars: | 2024-04-23 | by ( Nishant Pant | ) www.cnbc.com time to read: +3 min

However, with broader market indicators showing signs of weakness, UNH is starting to reveal cracks — and the once-strong rally appears to be losing steam. The trade setup The trade structure I am using here is called a "bear put spread." Most trading platforms will offer a bear put spread (or long put spread) as a trade type and automatically construct the trade for you. Since the width of our spread is $495– $490 = $5, I can buy the spread for $2.50. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: UnitedHealth, UNH, ADX, Nishant Pant Organizations: Change, ½

☆ How to bet on a comeback in energy stocks, which look primed for a bounce
▼ + stars: | 2023-11-14 | by ( Nishant Pant | ) www.cnbc.com time to read: +3 min

DMI (Directional Movement Index): DMI is composed of 3 lines, DI+ (green line), DI- (red line) and ADX (blue line). When the DI- (red line) is above the DI+ (green line), it indicates a downtrend which is what XLE is experiencing at the moment. Note that both DI- and DI+ are changing direction which provides further confirmation that XLE is turning around. THIS CONTENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSITUTE FINANCIAL, INVESTMENT, TAX OR LEGAL ADVICE OR A RECOMMENDATION TO BUY ANY SECURITY OR OTHER FINANCIAL ASSET. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: ”, XLE Organizations: SPDR Energy, Exxon Mobil, Natural Resources, Valero Locations: oversold, Chevron, XLE

☆ A bearish bet on a dollar store stock that keeps hitting resistance
▼ + stars: | 2023-10-31 | by ( Nishant Pant | ) www.cnbc.com time to read: +4 min

A bearish bet on Dollar General using Options Spreads Dollar General (DG) has been stuck in a bear trend since November 2022. And although DG has experienced some upward momentum since mid-October, this upward momentum is now facing resistance once again at the 50-day average. Starting on 10/26, RSI has changed direction and is pointing down, indicating that the stock is losing its upward momentum. DMI (Directional Movement Index): a) When the DI+ (green line) is above DI- (red line), the stock is in an uptrend. DG YTD mountain Dollar General, YTD If DG is trading at 119 or below on expiration date, this trade will double my money.

Persons: Nishant Organizations: RSI, DI, DG, ½, YTD

☆ EU officials accuse Google of antitrust violations in its ad tech business
▼ + stars: | 2023-06-14 | by ( Brian Fung | ) edition.cnn.com time to read: +2 min

Washington CNN —Google’s advertising business should be broken up, European Union officials said Wednesday, alleging that the tech giant’s involvement in multiple parts of the digital advertising supply chain creates “inherent conflicts of interest” that risk harming competition. The formal accusations mark the latest antitrust challenge to Google over its sprawling ad tech business, following a lawsuit by the US Justice Department in January that also called for a breakup of the company. For example, the commission claims, advertisers who used Google’s ad buying tools frequently had their purchases routed to AdX instead of to rival ad exchanges. One proposed solution by the commission would spin off Google’s ad exchange and publisher tools from the ad-buying tools it provides to advertisers. Google remains committed to creating value for our publisher and advertiser partners in this highly competitive sector,” Taylor said.

Persons: ”, Margrethe Vestager, Dan Taylor, ” Taylor Organizations: Washington CNN, European Union, Google, US Justice Department, EU, —, CNN Locations: AdX

☆ Google faces EU break-up order over anti-competitive adtech practices
▼ + stars: | 2023-06-14 | by ( Foo Yun Chee | ) www.reuters.com time to read: +2 min

[1/3] The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. Its 2022 advertising revenue, including from search services, Gmail, Google Play, Google Maps, YouTube adverts, Google Ad Manager, AdMob and AdSense, amounted to $224.5 billion. EU antitrust chief Margrethe Vestager said Google may have to sell part of its adtech business because a behavioural remedy is unlikely to be effective at stopping the anti-competitive practices. The Commission said it took issue with Google favouring its own online display advertising technology services to the detriment of competing providers of advertising technology services, advertisers and online publishers. Google is the world's dominant digital advertising platform with a 28% market share of global ad revenue, according to research firm Insider Intelligence.

Persons: Andrew Kelly, Margrethe Vestager, Foo Yun Chee, Sudip Kar, Philip Blenkinsop, Gupta, Kirsten Donovan Organizations: Google LLC, Google, Chelsea, REUTERS, Gmail, European, EU, The, AdX, Intelligence, Reuters, Thomson Locations: Manhattan , New York City, U.S, BRUSSELS, AdSense, United States

☆ Convicted 'Unabomber' Ted Kaczynski dead at 81
▼ + stars: | 2023-06-10 | by ( Alistair Bell | ) www.reuters.com time to read: +7 min

[1/2] Theodore Kaczynski is led out of federal court where he was charged with a single federal weapons violation April 4,1997. June 10 (Reuters) - Ted Kaczynski, former math professor and "twisted genius" who came to be known as the Unabomber when he carried out a 17-year spree of mysterious bombings that killed three people and baffled the FBI, died on Saturday at the age of 81. Kaczynski's younger brother, David, tipped off police that the author's ideas sounded like those of Ted. In 1980, Kaczynski sent a package bomb that exploded and injured United Airlines President Percy Wood at his Illinois home. Kaczynski detailed how modernization has destabilized society, subjected humans to indignities and "inflicted severe damage on the natural world."

Persons: Theodore Kaczynski, Ted Kaczynski, Kaczynski, Kaczynski's, David, Ted, Theodore John Kaczynski, Dale Eickelman, Eickelman, Percy Wood, Hugh Scrutton, Thomas Mosser, Gilbert Brent Murray, Janet Reno, Dan Whitcomb, Phil Stewart, Lucia Mutikani, Daniel Wallis, Diane Craft, Cynthia Osterman Organizations: Federal Medical Center, Federal Bureau of Prisons, Reuters, The Harvard University, University and Airline, Society, FBI, Harvard University, Daily, Harvard, University of Michigan, University of California, Chicago's Northwestern University, American Airlines, Dulles International, United Airlines, Illinois, New, Exxon, U.S, Washington Post, Thomson Locations: Montana, Butner , North Carolina, California, Florence, Florence , Colorado, North Carolina, Chicago, Berkeley, Lincoln, Washington, Sacramento , California, New Jersey, Los Angeles

REUTERS/Benoit TessierWASHINGTON, Jan 24 (Reuters) - The U.S. Justice Department filed a lawsuit against Alphabet's (GOOGL.O) Google on Tuesday over allegations that the company abused its dominance of the digital advertising business. "Google has used anticompetitive, exclusionary, and unlawful means to eliminate or severely diminish any threat to its dominance over digital advertising technologies," the government said in its antitrust complaint. The Justice Department asked the court to compel Google to divest its Google Ad manager suite, including its ad exchange AdX. The lawsuit is the second federal antitrust complaint filed against Google, alleging violations of antitrust law in how the company acquires or maintains its dominance. The Justice Department lawsuit filed against Google in 2020 focuses on its monopoly in search and is scheduled to go to trial in September.

☆ DOJ files second antitrust suit against Google, seeks to break up its ad business
▼ + stars: | 2023-01-24 | by ( Lauren Feiner | ) www.nbcnews.com time to read: +4 min

The U.S. Justice Department on Tuesday filed its second antitrust lawsuit against Google in just over two years. This lawsuit, focused on Google’s online advertising business, seeks to make Google divest parts of the business and is the first against the company filed under the Biden administration. Google also faces three other antitrust lawsuits from large groups of state attorneys general, including one focused on its advertising business led by Texas Attorney General Ken Paxton. The company has long denied that it dominates the online advertising market, pointing to the market share of competitors including Meta’s Facebook. Google and other tech companies have also faced increasing scrutiny from abroad, particularly in Europe, where Google has also fought multiple competition cases and new regulations threaten major changes to tech business models.

This has led to two IHC subsidiaries rounding out the three biggest companies on the Abu Dhabi Securities Exchange (ADX). ITH was expected to turn over half a billion dirhams ($136 million) and have $1 billion in assets by the second quarter, Shueb said. Pure Health, under Alpha Dhabi, aims to raise more than $1 billion in a first-quarter IPO delayed from this year. Its merger with state-owned Abu Dhabi Health Services (SEHA), which Shueb said has almost 24,000 employees, is taking longer than expected, delaying the IPO. IHC, which completed four IPOs this year and plans a similar number in 2023, has yet to appoint banks for the Pure Health IPO, Shueb said, adding it is considering a possible 2023 IPO of International Energy Holding.

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