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Trump plans to nominate Adam Candeub to lead DOJ antitrust division amid big tech scrutiny

Market News
25 Jun 2026
NYTimes
View Source
Neutral
pluang ai news

President Trump intends to nominate Adam Candeub, a tech critic and FCC general counsel, to lead the Department of Justice's antitrust division. Candeub, known for his conservative policy work and criticism of big tech's impact on free speech, would oversee key cases including Google's ad tech lawsuit and Apple's consumer practices. His nomination comes as the DOJ faces criticism for leniency in major mergers. If confirmed, Candeub will replace the acting head and take charge during a critical period for antitrust enforcement.

More News (GOOG)

Alphabet stock falls 9% amid market fears, but bullish outlook remains on AI growth potential.

Alphabet stock falls 9% amid market fears, but bullish outlook remains on AI growth potential.

Alphabet's stock declined about 9% over the past month, underperforming the S&P 500, due to investor concerns over free cash flow erosion from rising capital expenditures. However, analyst Danil Sereda views this sell-off as driven by fear rather tha...

Analyst Insights
Bullish
17 hours ago
Alphabet seen as strong buy due to underestimated AI monetization potential despite high valuation

Alphabet seen as strong buy due to underestimated AI monetization potential despite high valuation

Alphabet is rated a strong buy as the market undervalues its diverse AI monetization opportunities, including AI-driven Search, Cloud, and TPU products. Despite a high valuation near $4.4 trillion market cap and 28x trailing earnings, Alphabet's Goog...

Analyst Insights
Bullish
18 hours ago
Alphabet's Q1 shows strong AI and cloud growth but valuation remains high, stock rated Buy with cautious optimism.

Alphabet's Q1 shows strong AI and cloud growth but valuation remains high, stock rated Buy with cautious optimism.

Alphabet Inc. reported a 22% total revenue growth and a 63% increase in Google Cloud revenue for Q1, highlighting its strong position in AI infrastructure. Despite these gains and margin expansion, the stock's valuation remains elevated compared to s...

Analyst Insights
Bullish
1 day ago
Alphabet replaces Verizon in Dow Jones, boosting tech sector's weight in the index

Alphabet replaces Verizon in Dow Jones, boosting tech sector's weight in the index

Alphabet Inc will join the Dow Jones Industrial Average on June 29, 2026, replacing Verizon Communications. This change increases the index's exposure to large-cap technology companies, as Alphabet operates in digital advertising, cloud computing, AI...

Market News
Neutral
1 day ago
SPY expected to rise on AI-driven profit growth and sector opportunities in SaaS, industrials, and healthcare.

SPY expected to rise on AI-driven profit growth and sector opportunities in SaaS, industrials, and healthcare.

Oakoff Investments remains optimistic about the SPY ETF, anticipating further gains driven by expanding profit margins and corporate earnings growth fueled by AI efficiency. Key tech holdings like Microsoft, Google, and Nvidia are expected to sustain...

Market News
Bullish
1 day ago
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