Publisher: Maaal International Media Company
License: 465734
Google shares fell 1.4% on Thursday, bringing their weekly losses to 3.8%, wiping $73 billion off the company’s market value in a single week.
These losses came after a federal judge ruled that Google illegally dominates two online advertising technology markets. This ruling could allow prosecutors to seek a breakup of Google’s advertising products.
Eli Lilly shares jumped more than 14% on Thursday, posting their biggest daily gain in 20 months, after the company revealed that its new obesity treatment had successfully completed advanced trials.