Google Stock Price Drops After Bloomberg Report
Earnings News
Google's (GOOGL) stock price declined by 13% after Bloomberg reported that the company is facing a regulatory investigation by the European Union. The investigation is reportedly focused on Google's advertising practices, which the EU believes may be anti-competitive.
Other Earnings News
Flutter Entertainment (WEB) reported earnings per share of 261, up from 167 in the same quarter last year. This beat analyst estimates of 134. The company also reported strong revenue growth, driven by its online gambling业务.
DraftKings (DKNG) stock price has more than doubled year-to-date due to strong revenue growth and upgraded guidance. The company reported a strong quarter, with revenue growing by 106% year-over-year. DraftKings also raised its full-year revenue guidance, which was seen as a positive sign by investors.
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