Alphabet Inc. (NASDAQ:GOOG) hires former SAP executive Brigette McInnis-Day to lead Google Cloud’s human resources department
Google has hired SAP executive Brigette McInnis-Day to lead Google Cloud’s human resources division as it scales aggressively.
As vice president of Cloud HR, McInnis-Day will report into Eileen Noughton, head of Google’s people operations, a company spokesperson confirmed to CNBC. McInnis-Day officially joined Sept. 30 and formerly served as chief operations officer and head of digital HR for SAP’s global cloud-based management division SuccessFactors.
The new HR leader comes as Google Cloud has aggressive hiring plans as it tries to catch up with market leaders Amazon and Microsoft. In July, Google CEO Sundar Pichai said the company plans to triple Cloud’s salesforce, adding that it is a key growth driver for parent company Alphabet.
Deutsche Bank last week valued the Google Cloud business, which includes Google Cloud Platform and G Suite, at $225 billion, adding that the firm was impressed with Kurian’s aggressive hiring.
Overall, the bias in prices is: Upwards.
The projected upper bound is: 1,252.31.
The projected lower bound is: 1,151.39.
The projected closing price is: 1,201.85.
A white body occurred (because prices closed higher than they opened).
During the past 10 bars, there have been 4 white candles and 6 black candles for a net of 2 black candles. During the past 50 bars, there have been 25 white candles and 25 black candles.
A spinning top occurred (a spinning top is a candle with a small real body). Spinning tops identify a session in which there is little price action (as defined by the difference between the open and the close). During a rally or near new highs, a spinning top can be a sign that prices are losing momentum and the bulls may be in trouble.
Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.
One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 62.0082. This is not an overbought or oversold reading. The last signal was a buy 3 period(s) ago.
Relative Strength Index (RSI)
The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 48.51. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a sell 50 period(s) ago.
Commodity Channel Index (CCI)
The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is -47. This is not a topping or bottoming area. The last signal was a buy 3 period(s) ago.
The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a sell 11 period(s) ago.
Rex Takasugi – TD Profile
ALPHABET INC C closed up 13.180 at 1,202.310. Volume was 38% below average (neutral) and Bollinger Bands were 28% narrower than normal.
Open High Low Close Volume___
Short Term: Neutral
Intermediate Term: Bearish
Long Term: Bullish
Moving Averages: 10-period 50-period 200-period
Close: 1,206.32 1,199.73 1,151.94
Volatility: 24 27 32
Volume: 1,306,599 1,331,894 1,466,970
Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.
ALPHABET INC C is currently 4.4% above its 200-period moving average and is in an downward trend. Volatility is relatively normal as compared to the average volatility over the last 10 periods. Our volume indicators reflect volume flowing into and out of GOOG.O at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bearish on GOOG.O and have had this outlook for the last 3 periods.
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