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MarketFoolery

Uncle Sam vs. Alphabet

MarketFoolery

The Motley Fool

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

4.71.7K Ratings

🗓️ 3 June 2019

⏱️ 16 minutes

🧾️ Download transcript

Summary

The U.S. Department of Justice is going to have a few questions for the folks at Google. Emily Flippen analyzes whether Alphabet should pre-emptively spin off a business and prospects for the stock. Nestle gears up to launch the “Awesome Burger” in the U.S. Plus, Emily shares a couple of stocks she’s going to be focusing on at our upcoming “FoolFest 2019” event and we preview our YouTube Live Q&A!

To see great investing videos (for free!) on The Motley Fool’s YouTube channel just click here:

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Transcript

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0:00.0

This episode of Market Foolery is brought to you by TD Ameritrade. Investing in lesson number one, don't pay for lessons.

0:05.8

TD Ameritrade's education is free. Choose from articles, videos, webcasts, and more.

0:10.8

Everything you need to take your trading to the next level.

0:14.2

Visit TD Ameritrade.com slash education member SIPC.

0:19.2

It's Monday, June 3rd.

0:22.4

Welcome to Market.

0:23.0

I'm Chris Hill joining me in studio today, Emily Flipping in the house.

0:27.0

Thanks for being here.

0:28.0

Thanks for having me.

0:29.0

If you're brand new to this podcast, because you listen to the bonus episode with Greg Fitzsimmons. This is what we normally do on market for. We normally talk about the business news of the day.

0:37.2

So today we're going to talk about the latest in the food industry. We're going to give a sneak preview of Foolfest, which is our big two-day

0:45.3

investing event that's happening later this week.

0:47.8

We're going to start, though, with shares of alphabet down 6% this morning. The U.S. Department of Justice is reportedly looking into

0:57.0

launching an antitrust probe aimed at Google and I'm of two lines of this.

1:06.2

On the one hand, I look at this and think,

1:09.1

yeah, this could be really bad because I remember how much time in energy and money Microsoft

1:16.1

spent back in the late 1990s dealing with their own antitrust

1:19.7

investigation by the DOJ. On the other hand I'm I got to say I'm a little surprised at the

1:25.5

reaction of the stock because it's not exactly like it was a secret that this kind of thing was coming. Exactly. It's not entirely unexpected that they're launching an antitrust case or exploring

1:36.4

launching an antitrust case against Google, especially given all the controversies recently

1:41.0

around Facebook. So if Facebook's an issue, Google is kind of the

1:44.2

mother of all antitrust issues, right? But going back to your point about Microsoft, I mean,

...

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