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EU Hit, Gemini Delays, Earnings Wednesday

EU Hit, Gemini Delays, Earnings Wednesday

TradingKey – Alphabet (NASDAQ: GOOG) closed the week at $346.77, down 2.2% on Friday due to a worsening tech sector, two EU regulations, and a delay of the Gemini AI model. The combination of the EU Court of Justice making the 4.1 billion euro ($4.67 billion) Android antitrust fine final and Google being order by the European Commission via the Digital Markets Act (DMA) to open 11 Android features and organized anonymized search data to competing AI by 2027, and Alphabet reporting major delays of the Gemini 3.5 Pro, made last week particularly challenging. Q2 2026 results are set for Wednesday, July 22. Projections are for $116.9 billion with EPS of $2.90. Trend line support is $341.43.

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