GOOG stock price rises as EU opens Google data-sharing proceedings ahead of Alphabet earnings
Alphabet’s Class C shares rose about 1% to $336.97 Tuesday after the European Commission opened proceedings under the Digital Markets Act to push Google on data-sharing and interoperability. Google also agreed to a $68 million settlement in a U.S. class action over Google Assistant recordings. Alphabet’s Q4 earnings are set for Feb. 4, with analysts expecting revenue above $100 billion.