Welcome to See King Alpha's Wall Street breakfast, where we cover the top news for investors every morning.

Good morning. Today is Tuesday, August 6th. I'm Julie Morgan.

Google is in the spotlight, an activist as an interest in Southwest Airlines, and Sun Power is

bankrupt.

Google has lost its antitrust suit over search. bankrupt. Google violated Section 2 of the Sherman Act by maintaining its monopoly in two product markets in the United States,

general search services and general text advertising through its exclusive distribution agreements.

The judge noted in the ruling that Google's $26 billion in revenue share payments

gave Google default placement of its search engine at partners key search access points and

its partners also agreed not to preload any other general search engine on the

device. The judge concluded that this effectively blocks search competitors from succeeding in the market.

By Monday's close alphabet stock was down 4.6 and 4.5 percent.

Next up for Google is the penalty phase in which the judge will sort out remedies.

Southwest Airlines is up 2.3% pre-market after Elliot investment management disclosed an interest in the company.

Elliot disclosed a 7% beneficial ownership stake in Southwest, according to a 13D filing on Monday that showed that the activists

own just under 42 million shares.

Elliot's 11% investment size has remained the same since it was first disclosed in June.

Elliot is pushing for the airline to do a business review and believes the stock can reach

$49 a share.

The activist investor called for new leadership including the company CEO Bob Jordan and Chairman Gary Kelly.

Solar Energy Company's Sun Power has filed for Chapter 11 bankruptcy in the United States.

Sun Power has also entered into a stalking horse agreement with complete Salaria

to sell some of its assets for $45 million in cash.

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