Morning Brew Daily Google Ruled a Monopoly… Again? & Netflix Takes Closer Step to $1T
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Apr 18, 2025 A federal judge recently ruled that Google is a monopoly in ad tech, sparking significant discussions about its market power. President Trump is stirring controversy by challenging Fed Chair Jerome Powell after comments on tariffs and inflation. Meanwhile, Netflix is cruising towards a $1 trillion market cap with impressive growth figures. Hertz shines as the Stock of the Week, while UnitedHealthGroup struggles as the Dog of the Week. The latest buzz wraps up with exciting news from the fast food scene.
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Google's Ad Tech Monopoly
- Google was ruled a monopoly again for dominating two of three ad tech markets, impacting publisher ad servers and ad exchanges.
- This affects about 10% of its revenue, around $10 billion, but not its core search ads business.
Trump Criticizes Fed Chair Powell
- President Trump criticized Fed Chair Jerome Powell, calling for his termination over rate policy.
- Powell warned that tariffs could raise inflation and slow growth, creating difficult policy choices for the Fed.
Fed's Policy Dilemma
- Powell faces a dilemma as raising rates risks recession, but lowering them could spike inflation.
- The Fed is currently in a wait-and-see mode due to these conflicting priorities.