Tech stocks set to slide as EU slams Google with a massive fine
Stocks have turned mixed but tech stocks remain under pressure after the EU has slammed Google’s parent company Alphabet (GOOGL) with a $2.7 billion record fine. They say the tech giant has abused its market dominance as a search engine by unfairly favoring its online shopping service. How big of a blow is this ruling to Google?
Yahoo Finance’s Alexis Christoforous, editor-in-chief Andy Serwer, Seana Smith and Ethan Wolff-Mann discuss the day’s top business stories, including a new report by the CBO that says the GOP health care bill could leave millions without insurance coverage.
