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MarketFoolery

Google's Big Fine, United's Rapid Ascent

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 18 July 2018

⏱️ 15 minutes

🧾️ Download transcript

Summary

EU regulators slap Google with a record 5 billion dollar fine. United Continental flies higher on better-than-expected earnings. And Amazon wraps up its biggest shopping event in company history. Motley Fool analyst Matt Argersinger discusses those stories and shares his favorite airline stock.

Transcript

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0:00.0

It's Wednesday, July 18th.

0:03.7

Welcome to Market Foolery.

0:05.0

I'm Matt Greer and joining me in studio, we have Motley Full analyst Matt Arger Singer.

0:10.1

Matt, you are flying solo today.

0:13.0

Yes.

0:14.0

How you feeling?

0:15.0

Good.

0:16.0

Well, we've got lots to talk about here.

0:18.0

We're going to talk some Amazon and some Target later in the show.

0:21.0

We also have big earnings from an airline. That's not something I get to say

0:25.1

all the time. I know and it gets me really excited. I know you have you have been I don't want to say

0:29.7

bullish on the airlines but you've been talking about the airlines somewhat enthusiastically

0:34.5

for a while now.

0:35.5

I think that's a fair.

0:36.5

Okay.

0:37.5

Well, we're going to get to that because I want to know as an investor, is it time.

0:41.5

But let's start with Google, EU antitrust regulators slapping Google with a record

0:46.8

five billion, as in B, five billion dollar fine on Wednesday. Now at issue here, Matt, is Google using its Android mobile

0:55.1

operating system to squeeze out rivals?

0:58.3

Google says it will appeal the fine.

1:00.9

Now $5 billion for Alphabet, which is the parent company, five billion that

1:04.7

translates to just over two weeks worth of revenue. So let's not cry too much, you know,

...

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