Alphabet (GOOGL) stock price declined 0.69% to $305.75, breaking through key moving averages, pressured by a new antitrust lawsuit filed by ad tech company PubMatic. The lawsuit, filed in Virginia, accuses Google of monopolizing the digital advertising market by favoring its own AdX platform. Google CEO Rajeev Goel stated that Google's practices "hurt our business," while Google claims the allegations are "baseless." Technical analysis shows short-term resistance at $307.88, with short-term price targets indicating potential further declines in the stock price.

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