JMP Securities cited “the risk of antitrust penalties that could significantly impact Google’s U.S. distribution of search and search revenue.”

Alphabet’s stock had a strong run in 2024, but 2025 doesn’t look as promising.That is according to Citizen JMP Securities analyst Andrew Boone. He downgraded shares of Alphabet, Google’s parent company,

JMP Securities has downgraded Alphabet shares (GOOG, GOOGL) to Market Perform from Outperform, citing concerns over pending antitrust litigation. The firm believes the Department of Justice case, expected to conclude in August 2025,

Key Takeaways Synaptics and Alphabet's Google will collaborate on technology for the Internet of Things (IoT).Synaptics said the companies would use Google's machine learning core with its Synaptics Astra hardware.

The shares of Synaptics Inc (NASDAQ:SYNA) are up 5.9% at $80.85 at last glance, after news that the semiconductor name is partnering with Google parent Alphabet (GOOGL) to enhance artificial intelligence (AI) for the internet-of-things (IoT) network. GOOGL was last seen up 0.4%, brushing off a downgrade from JMP Securities to "market perform."