Featured: Europe Is Not Done With Google  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

June 09, 2026 What Happens to Your Retirement When SpaceX Goes Public Featured: Europe Is Not Done With Google Sponsored Dear Reader, When the SpaceX IPO hits, trillions of dollars inside the financial system will move. Not toward you. Fund managers liquidate. Institutions rebalance. Wall Street reshuffles to capture the payday of a decade. Your retirement sits inside that machinery. You don't get a vote on which direction it moves. You never did. That's the part no one is talking about. Physical gold held outside the banking system works differently. No fund manager can rebalance it. No institution stands between you and it. No IPO frenzy touches it. We put together a Free 2026 Gold Guide explaining exactly how to move a portion of your retirement outside the system tax-free, penalty-free, and in days. It costs nothing. Takes 30 seconds to request. While everyone else is looking at SpaceX, this is the move to protect your wealth from what's coming. This is an advertisement America's Gold Company 601 Heritage Drive, Suite 211, Jupiter, FL 33458 America's Gold Company does not provide investment, legal, retirement planning, or tax advice. Individuals should consult with their investment, legal or tax professionals for such services. FEATURED Europe Is Not Done With Google Let's start with what actually happened, because the headlines are louder than they need to be. In September 2025, the European Commission handed Alphabet a EUR 2.95 billion fine – roughly $3.5 billion at the time – for abusing its dominant position in online display advertising. The ruling found Google guilty of self-preferencing its own ad-tech stack, specifically favoring AdX, its ad exchange, over competing platforms to the detriment of publishers and rivals. Alphabet took the hit as a $3.5 billion charge in Q3 2025 operating income. It plans to appeal. That's old news by now. Here's the part people skip. The Fine Was Just the Opening Act In February 2026, the European Commission opened a fresh probe into whether Google is artificially inflating the clearing price of its search ad auctions – to the detriment of advertisers who rely on that system every day. That investigation is live. And as of late May 2026, the Commission is also preparing a potential penalty under the Digital Markets Act, targeting Google's alleged preferential treatment of its own vertical search products – things like Google Shopping, Google Hotels, and Google Flights – over independent rivals. This is not one fine. It's a compounding regulatory weight accumulating across multiple legal instruments: traditional Article 102 antitrust enforcement, the DMA's gatekeeper obligations, and DSA-related scrutiny. The Commission is using these tools in tandem, and it has been explicit about wanting structural remedies, not just financial penalties, in the ad-tech case. Slight tangent, but it matters: the US is not a bystander here. The Trump administration has characterized EU digital fines as economic discrimination against American companies, and diplomatic friction escalated into visa restrictions on EU officials by December 2025. Whether that geopolitical pressure slows Brussels down in 2026 is an open question – and one worth watching. Sponsored When BlackRock, Goldman, and Carl Icahn Are All In – Pay Attention BlackRock. Goldman Sachs. Carl Icahn. They all quietly bought the same small stock sitting on $9 billion in private SpaceX shares. Tim Bohen spotted it too – and made a free video breaking it down before Friday's IPO deadline. Watch the free video now The Business Behind the Headlines Here's where the numbers matter. Alphabet's Q3 2025 revenue hit $102.3 billion, up 16% year over year. Google Cloud grew 34% to $15.2 billion that same quarter. Full-year 2025 revenue came in around $350 billion, with Google Search alone contributing approximately $215 billion. The company commands roughly 28% of total global digital ad revenue. The $3.5 billion EC charge compressed Q3 operating margin to 30.5%. Strip that out, and operating margin was 33.9% – a strong number by any measure. EPS for the trailing twelve months sits at approximately $13.24. The stock is trading near $363, putting the trailing P/E at roughly 27 to 29x depending on your data source – right in line with Alphabet's own 10-year historical average, and meaningfully below the broader technology sector multiple of around 36x. That context matters when you're trying to figure out whether the market has already priced in the regulatory risk or is still catching up. Is It Cheap? At roughly 27x trailing earnings with double-digit revenue growth and a 32%-plus operating margin, GOOGL is not screaming cheap. But it's not stretched the way the rest of big tech is right now. The regulatory overhang is real, and the possibility of a structural remedy – meaning a forced divestiture of parts of the ad-tech stack – is not zero. The Commission has flagged that option twice in its public filings. What that would mean for revenue is genuinely uncertain. Google Network (AdSense, AdMob, Google Ad Manager) generated approximately $31 billion in 2025. A forced structural change to that ecosystem would be disruptive. Not fatal, but disruptive. Bull, Base, and Bear Bull: Alphabet wins its appeal on the EUR 2.95 billion fine, DMA penalties stay financial rather than structural, Cloud continues at 30%-plus growth, and AI-driven search ad monetization accelerates. The stock re-rates toward 32 to 35x. Base: Financial fines accumulate but stop short of forced divestiture. Revenue growth continues at 12 to 16% annually. The stock grinds sideways to modestly higher as earnings growth absorbs the headline risk. Bear: The Commission moves toward a structural remedy in the ad-tech case, the DMA search probe results in a material fine or behavioral requirement that disrupts ad auction dynamics, and the US-EU trade tension doesn't shield Alphabet from enforcement. Margins compress. The multiple contracts. Sponsored Landmark Executive Order 14241 Unleashes TRUMP'S NEW DOLLAR Republican or Democrat – whether you support or oppose Trump's New Dollar – every American could soon be forced to use it Discover three critical moves to help you prepare, before it's too late > The Cheap Investor Checklist EC fine appeal outcome – expected to take 2 to 4 years through EU courts DMA vertical search penalty timeline – Commission drafting decision as of May 2026 EU search ad auction probe – launched February 2026, early stage Google ad-tech structural remedy risk – Commission has flagged divestiture as a preliminary view Google Cloud growth rate – 34% in Q3 2025, watch for deceleration signals US-EU diplomatic pressure – any softening could reduce enforcement urgency in Brussels Operating margin ex-fines – tracking 33 to 34%, a key sign of underlying health US DOJ ad-tech remedy – domestic case outcome could align with or diverge from EU posture Here's where I land on this. GOOGL at roughly 27x earnings with $350 billion in annual revenue and a dominant AI-integrated search business is not obviously overpriced. But you're buying a company in the crosshairs of three separate active EU enforcement actions, with a fourth threat – structural divestiture – sitting on the table. The business is strong enough to absorb financial fines. Whether it can absorb a forced structural change to its ad stack is a different question entirely, and one the Commission has not yet answered. Watch the DMA decision timeline closely. That's the one that could move this stock more than any quarterly earnings number. – The Cheap Investor This content is for informational purposes only and should not be considered financial advice. Investing involves risk. The Cheap Investor is a publication of Investing Media Solutions, LLC. To view our full policies: Disclaimer | Privacy Policy | Terms & Conditions Update your email preferences or unsubscribe here © 2026 The Cheap Investor 203 N La Salle Suite 2100 Chicago , Illinois 60601, United States Powered by beehiiv Terms of Service

Not “we’ll do our best.”

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June 09, 2026 From rising oil prices and geopolitical tensions to inflation concerns and volatile AI stocks, the market is being pulled in multiple directions at once.  That's exactly why having a disciplined trading strategy matters more today than it did just a few weeks ago.  We want to do the work for you. Deliver clear instructions as soon as we see an opportunity.  And we want to deliver real results. Which is why this is one of the only services at Schaeffer’s that comes with a full money-back guarantee: 80% win rate in your first 12 months or you’re entitled to a full refund.  Not “we’ll see.”  Not “we’ll do our best.”  A guarantee you can hold us to.  And this isn’t a moonshot approach built on hope or hero trades.  We focus on the most durable, repeatable setups in the options market… the ones that keep you in control:  ●       Equity Credit Spreads –  Take in a credit up front… keep it as long as the stock stays in range.  ●       Put Sells – Collect premium on solid names with strong support… get paid if they simply hold their ground.  That’s it. Simple. Disciplined. And powerful.  Our 12-month 91% win rate is built behind wins like: 17% on Planet Labs 23% on Rivian Automotive 18% on Intel We’re not targeting triple-digit winners, we’re targeting consistent, repeatable double-digit wins.  A standard 12-month term costs $1,495. Right now, you can get in for $95.  With one bonus: If our 80% win rate hits – you’ll receive 6 months free (up to 18 trades).  Get our next alert… Get Started Now!   Update your email preferences or unsubscribe here © 2026 Schaeffer's Investment Research 5151 Pfeiffer Road, Suite 450 Cincinnati, Ohio 45242, United States Terms of Service

This could be the most important presentation you watch all year. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

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[Urgent message] RE: Your Membership

URGENT: There might be an issue with your Shadow Wealth Society Member status

Hi Member, Amber Martin here, Director of Member Care. Looks like something happened with your new member application for Nilus Mattive’s Shadow Wealth Society service. No worries, I got your back. You can click here to go straight back to your order form now. And you’ll want to do so right away. As you just saw, Shadow Wealth strategy is the ultimate in profit potential, which is especially possible thanks to the crisis we're all going through where the government is trying to steal money from law-abiding citizens … Plus, the ultimate in privacy and security. The strategy seeks out the highest performing investment opportunities while also hiding and securing your money from the government  … Below are just of the different assets our strategy has found. Instead of buying pure gold, it looks for alternative assets that soar compared to gold … Like: 937% on High River Gold … 1,245% on Midway Gold … 1,481% on Centerra Gold … 2,295% on Allied Nevada, and … A staggering 5,237% on Kaminak Gold. These were in weeks when the market was going up AND in weeks when the market was going down. And that’s exactly why I want you to go here now. Because I’ve saved you a spot as one of the new members of Shadow Wealth Society. But I urge you to go here now and to not delay … With not many memberships available right now … If I don’t hear from you right away … I’ll have to offer your spot to another Weiss Member. So, if you want to claim one of the limited spots in Shadow Wealth Society … And grab your one-time-only VIP loyalty discount and … Just click here now to secure your spot. Hurry! Once the last available membership is taken, this offer is off the table for good. Best wishes, Amber Martin, Director Weiss Member Care 855-278-9191 P.S. Hey, let me make this even easier for you. If you’re in a hurry, just call this number now — 1-855-278-9191 — and a member of our VIP team will get you set up quick and easy. But call that number now — with a total of only a few memberships available, we expect to be reaching that limit soon. Click here to complete your new membership form now. OR CALL 855-278-9191. Follow us:   11780 US Highway 1, Palm Beach Gardens, FL 33408-3080, USA Would you like to edit your e-mail notification preferences or unsubscribe from our mailing list? Copyright © 2026 Weiss Ratings. All rights reserved.