$SPY $QQQ watch your mighty
$GOOGL earnings.
Argue with Grok 😂 👇
"Impact on GOOGL (Alphabet/Google) RevenuesThe Supreme Court's denial of Google's stay request in the Epic v. Google antitrust case means the injunction takes effect on October 22, 2025. This requires Google to allow developers on the Google Play Store to inform US users about alternative payment options outside the app—without fees, warning screens, or other barriers. Previously, Google enforced anti-steering rules that funneled payments through its system, capturing a 15-30% commission on in-app purchases and subscriptions.This change directly threatens Google's app store revenue, which is part of its broader "Google Services" segment (totaling $300B annually). Analysts estimate the ruling could slash Google's annual Play Store commission revenue by $1-1.5B, as developers shift high-value transactions (e.g., from games and streaming apps) to external processors like Stripe or PayPal. While this is a modest ~0.3-0.5% hit to Alphabet's overall revenue, it erodes a high-margin (70% gross) stream and could accelerate developer migration to rival Android app stores. Longer-term, it may pressure Google to lower its own fees to compete, further compressing margins."
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The Supreme Court has thrown out Google's stay request. Starting October 22, developers will be legally entitled to steer US Google Play users to out-of-app payments without fees, scare screens, and friction - same as Apple App Store users in the US!