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Alphabet Inc. (NASDAQ:GOOG) is one of the stocks that Donald Trump owns. On July 4, a coalition of independent publishers filed an antitrust complaint with the European Commission, targeting Google’s AI-generated “AI Overviews” that appear at the top of search results. They argue these summaries aggressively reduce traffic to their websites.
Reports suggest 37 out of the top 50 U.S. news outlets have seen traffic dips since the feature’s May 2024 launch, with news-related searches ending without a click to a publisher climbed from 56% in May 2024 to 69% in May 2025 and now want interim measures to halt the feature while the EC investigation proceeds. The UK's CMA is already reviewing a parallel complaint.
It is a challenge to Alphabet (NASDAQ:GOOG)’s adaptation to the growing use of AI for internet search that is undermining Google's traditional search engine dominance.
While we acknowledge the potential of GOOG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None.
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