Alphabet's $7.078 Billion Trading Volume Ranks 12th Amid Stock Decline and EU Legal Battles

On June 20, 2025, Alphabet's trading volume reached $7.078 billion, ranking 12th in the day's stock market activity. Google C (GOOG) fell by 3.60%, marking its third consecutive day of decline, with a total drop of 5.74% over the past three days.

Alphabet Inc. reported a revenue of $90.2 billion for the first quarter of 2025, reflecting a 12% increase from the same period in 2024. This growth underscores the company's robust financial performance and its ability to navigate market challenges.

Waymo, a subsidiary of Alphabet, has been rapidly increasing its mileage, addressing previous concerns about the slow pace of its autonomous driving services. This progress is crucial for Alphabet as it continues to invest in and develop its AI-driven technologies.

Alphabet's stock is currently trading at a significant discount, with its valuation undervalued by 35% based on free cash flow multiples. This presents a potential opportunity for investors, as the stock trades at a 29% discount to its 2023 highs.

Waymo's application for a testing permit in New York City has sparked investor interest, as it could intensify competition with Uber in a key U.S. market. This move highlights Alphabet's strategic efforts to expand its autonomous driving services and solidify its position in the market.

Alphabet's Google is facing legal challenges in the European Union, where it has been accused of using its monopolistic power to stifle competition for its Android Operating System. An advisor to Europe’s highest court concluded against Google’s appeal to overturn the ruling, siding with a lower tribunal’s decision of a reduced fine of 4.124 billion euros. This case dates back to 2018 and involves allegations that Google pressured smartphone manufacturers to pre-install its Google Search and Chrome browser, along with its Google Play app store, thus killing competition.