EU Proposes Search Data Sharing by July; 60 of 67 Analysts Rate Alphabet Buy
European Commission proposes under the Digital Markets Act that Google share search and AI chatbot data with third-party engines by July, following a May 1 feedback deadline. Sixty of 67 analysts rate Alphabet as buy or outperform, citing strong search cash flow and attractive AI funding prospects.
1. EU Proposes Data Sharing Requirements
The European Commission has issued preliminary Digital Markets Act measures mandating Google to grant third-party search engines access to its core search index and AI chatbot dataset. The move aims to enhance competition by letting rivals leverage Google’s search and AI functionalities.
2. DMA Implementation Timeline
Interested parties have until May 1 to submit feedback on the proposed measures, with a final decision expected in July. Google was initially charged in March 2025 with breaching the DMA and has since offered its own compliance proposals to address regulator and rival concerns.
3. Analysts Cite AI Funding Strength
Sixty of 67 Wall Street analysts rate Alphabet as buy or outperform, highlighting the company’s strong search-generated cash flows that can fund AI infrastructure investments. Analysts note the stock remains attractively valued despite significant capital expenditures on AI development.