Alphabet Inc. (NASDAQ:GOOG) In U.S. Lawsuit For Collecting Users’ ‘Private’ Data Alphabet Inc’s Google (GOOGL) is being sued in a proposed class-action suit for allegedly invading the privacy of millions of users by tracking their internet use through browsers set in “private” mode. According to a report, the lawsuit seeks at least $5 billion, accusing […]
Alphabet Inc. (NASDAQ:GOOG) wants to build a serious hardware rivalry with Apple For the past four years, Google, a company that built its kingdom on search and data, has puffed out its chest and told the world it’s now a serious hardware company. But its efforts have often been clumsy and confusing. Yet there are […]
Alphabet Inc. (NASDAQ:GOOG) , Apple Join Forces to Develop Coronavirus Tracking Technology Apple Inc. (AAPL) and Alphabet Inc.’s Google (GOOGL) are planning to develop a contact-tracing software technology that will be added to their smartphones and seeks to slow down the spread of the coronavirus pandemic. The rare collaboration between the two rival tech giants […]
Alphabet Inc. (NASDAQ:GOOG) paid more than £1bn in wages but only £44m in UK corporation tax Google’s UK staff earned an average of £234,000 each last year as the tech firm paid more than £1bn in wages and a share scheme – but only £44m in UK corporation tax. Google, which increased UK staff numbers […]
Are Lockdowns Working? Alphabet Inc. (NASDAQ:GOOG) Offers Location Data to Help Pandemic Fight Alphabet Inc.’s Google (GOOGL) is releasing data from its users to help governments track the spread of the coronavirus and assess the effectiveness of social distancing by using location information gathered from smartphones. The location data, which the search engine giant, collects […]
Alphabet Inc. (NASDAQ:GOOG) to Donate $800M to Combat Coronavirus Alphabet Inc.‘s GOOGL Google is leaving no stone unturned to help the society in fighting the coronavirus pandemic. As the coronavirus pandemic continues to spread, the rising number of infected patients calls for better infrastructure and safety for the comparatively lesser number of healthcare workers. Hospitals are grappling […]
Keep Alphabet Inc. (NASDAQ:GOOG) Stock on Your Radar as Markets Continue to Tumble The coronavirus may have decimated market indices, but how does this factor into future prospects for Alphabet (NASDAQ:GOOG GOOGL)? GOOG stock, a FANG component and de-facto “NASDAQ Blue Chip”, has tumbled in the market maelstrom. Shares have dropped from above $1500 per share to just […]
Alphabet Inc. (NASDAQ:GOOG) Launches Coronavirus Website in the U.S. Alphabet Inc.‘s GOOGL Google is leaving no stone unturned to bolster initiatives to help the society in fighting the coronavirus pandemic. This is evident from the company’s latest move of launching a website in the United States to bring in more awareness among people about the […]
Alphabet Inc. (NASDAQ:GOOG) European Workers Now Have a Bigger Say in Operations Alphabet‘s (NASDAQ: GOOG) (NASDAQ: GOOGL) Google employees in Europe will have a bigger say in operations, with the internet search giant agreeing to the creation of a workers council. Once the council is up and running, in theory, it will give employees a say in business issues, including […]
Government Wants Facebook, Alphabet Inc. (NASDAQ:GOOG) to Track Coronavirus Using Smartphone Data The federal government wants Facebook (NASDAQ: FB), Alphabet’s Google(NASDAQ: GOOG) (NASDAQ: GOOGL), and other tech giants to use the geolocation data they collect from smartphones to track the coronavirus outbreak, including potentially whether people are keeping an appropriate distance from one another. The data gathered would reportedly be […]
Alphabet Inc. (NASDAQ:GOOG) Really Is Developing a Coronavirus Website Alphabet‘s (NASDAQ: GOOG)(NASDAQ: GOOGL) Google is developing a website dedicated to the coronavirus after all. Following a press conference by President Trump on the COVID-19 outbreak, in which he touted Google’s plans to design a site where people could visit to have questions answered and be directed to testing centers, […]
Alphabet Inc. (NASDAQ:GOOG) quietly reached a major milestone in its battle with Microsoft to rule the workplace Microsoft may be the dominant player when it comes to workplace software thanks to its Office 365 suite, but Google is quickly gaining traction. The search giant recently said that its G Suite product, which includes services like […]
Alphabet Inc. (NASDAQ:GOOG) has created a fund to enable all its contract and temporary workers globally to take paid sick leave if they have potential COVID-19 symptoms or are in quarantine Google has set up a fund that will enable all contract and temporary workers globally to take paid sick leave should they need to […]
Alphabet Inc. (NASDAQ:GOOG) Ties Up With AT&T to Offer 5G Edge Computing Solutions Alphabet GOOGL is making every effort to integrate the cutting edge 5G networks into its cloud services in a bid to deliver enhanced cloud experience. The company’s cloud computing arm, Google Cloud’s latest partnership with AT&T T is a testament to this […]
Alphabet Inc. (NASDAQ:GOOG) – Wall Street, Tech Stocks Brace For Another Massive Coronavirus Sell-Off After two weeks of steady declines, Wall Street was bracing for a steep tumble at Monday’s opening bell as Dow futures shed more than 1,000 points early Sunday night. Anxiety continued to center on the growing coronavirus outbreak and it’s impact […]
Alphabet Inc. (NASDAQ:GOOG) Opens Second Stadia Studio, Boosts Gaming Initiatives Alphabet’s GOOGL division Google has been firing on all cylinders to expand presence in the cloud gaming space backed by growing initiatives for its game streaming platform — Stadia. Notably, the game streaming platform was publicly released in November 2019. Recently, the company announced that […]
Alphabet Inc. (NASDAQ:GOOG) displaying ads for products that claimed to protect against coronavirus As coronavirus cases continue to spread around the globe, online ads for hand sanitizers, gloves, masks and other products purporting to prevent sickness were rampant, and companies are having a hard time enforcing policies that ban such ads. As of Wednesday afternoon, […]
Alphabet Inc. (NASDAQ:GOOG), Coinbase, and Twitter are all telling some employees to work from home this week amid the spread of coronavirus Google has instructed its Dublin office to work from home on Tuesday as a “precautionary measure,” after one of its employees reported flu-like symptoms, a Google spokesperson told Business Insider. The advertising giant […]
Alphabet Inc. (NASDAQ:GOOG) is Buying Its Way Into Cloud Computing Contention With Alphabet‘s (NASDAQ: GOOG) (NASDAQ: GOOGL) core advertising business slowing, the internet search giant has turned its attention to the cloud computing market — and for good reason. That area of the market has been enjoying double-digit growth with more of the same projected […]
Why Has Alphabet Inc. (NASDAQ:GOOG) Stock Jumped 85% Since Early 2017? Alphabet (NASDAQ:GOOG), Google’s parent company, saw its stock price rise by almost 85% over the last three years, from $820 in February 2017 to about $1519 in February 2020. This rise was primarily driven by a significant increase in Total Revenue, and a slight decrease […]
Alphabet Inc. (NASDAQ:GOOG) is planning to move its British users’ accounts out of the control of European Union privacy regulators Google is planning to move its British users’ accounts out of the control of European Union privacy regulators, placing them under U.S. jurisdiction instead, sources said. The shift, prompted by Britain’s exit from the EU, […]
Alphabet Inc. (NASDAQ:GOOG) healthcare and cloud segments are especially enticing Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) shares have been in an uptrend in the last one year. During this period, Google stock has trended higher by 35%. It currently has a market capitalization of $1.04 trillion. Like any other equity, Google stock is likely to see periods of […]
Alphabet Inc. (NASDAQ:GOOG) to acquire Looker Data Sciences for $2.6 billion Google receives approval from British competition regulator to acquire Looker Data Sciences for $2.6 billion. The Competition and Markets Authority (CMA) saw no risk of reduced competition or quality of services following the deal. Google’s Cloud Computing segment is a distant third globally to […]
Alphabet Inc. (NASDAQ:GOOG) describing the slow but undeniable shift away from the old mass broadcast approach Few were surprised when Alphabet‘s (NASDAQ: GOOGL)(NASDAQ: GOOG) Google Fiber unit stopped offering traditional (linear) cable TV to new customers last week. Indeed, with estimates putting the number of television customers for Google Fiber at less than 1 million even […]
Alphabet Inc. (NASDAQ:GOOG) HR boss is stepping down Google’s head of human resources Eileen Naughton announced that she would be stepping down from her role this year, as tensions between employees and management continue to roil the company. Naughton will stay on at Google, but it’s not clear in what role. In statement provided by […]
Alphabet Inc. (NASDAQ:GOOG) trillion-dollar mark won’t be the end of the near-term gains in stock, according to history Alphabet topped the $1 trillion mark in market capitalization last week, becoming the fourth technology company — behind Apple, Microsoft and Amazon — to hit this milestone. Alphabet shares have jumped over 10% in the past month […]
Alphabet Inc. (NASDAQ:GOOG) CEO Still Dancing Around AI Regulations Google Chief Executive Officer Sundar Pichai continues to dance around the issue of AI regulations. In a new interview with Financial Times, the head of the world’s leading AI company struggled to communicate a concrete stance on the matter. That isn’t to say Pichai hasn’t already […]
Alphabet Inc. (NASDAQ:GOOG) – a $1trillion empire built on a simple idea Google’s parent company Alphabet passed the $1trillion market cap mark last week, further cementing tech’s place at the top of the global business tree. There are now four US tech companies that have reached a stock market value of $1trillion – Apple, Amazon […]
Alphabet Inc. (NASDAQ:GOOG) parent, Alphabet Inc, valued at more than $1 trillion Alphabet Inc. hit a milestone on Thursday, as a rally in the stock took it above a $1 trillion valuation for the first time, solidifying the dominance of technology and internet stocks as the biggest titans of Wall Street.Shares rallied in the last […]
Alphabet Inc. (NASDAQ:GOOG) buys Irish tech firm Pointy for reported $163m Irish retail technology firm Pointy is to be bought by Google. Neither company has disclosed the value of the deal, but sources confirmed the accuracy of a TechCrunch report that Google will pay around $160m. Set up six years ago, Pointy makes software that enables small bricks and […]
Alphabet Inc. (NASDAQ:GOOG) is acquiring Pointy, an Irish startup that helps people find out what their local stores have in physical stock Google is acquiring a small Irish retail tech startup called Pointy for an undisclosed amount, the search giant confirmed on Tuesday. The deal is expected to close in the coming weeks. Pointy is […]
Alphabet Inc. (NASDAQ:GOOG) parent company Alphabet on verge of trillion-dollar valuation Google’s parent company Alphabet is on the verge of hitting a trillion-dollar stock market value for the first time, potentially becoming the fourth of the major US technology companies to reach the milestone. Alphabet’s market value sat at around $990bn (£762bn) as of Monday […]
Alphabet Inc. (NASDAQ:GOOG) top lawyer to retire following questions on conduct David Drummond, the legal chief of Google parent Alphabet Inc. and a company veteran, stepped down following questions about his conduct at the technology giant. Drummond, 56, will leave on January 31, according to a note he sent colleagues on Friday. The company has […]
Alphabet Inc. (NASDAQ:GOOG) shares rise by 2.7 percent hitting a record high despite antitrust investigations as new CEO of parent company Alphabet makes his mark following a $240 MILLION bonus Shares of Google’s parent company hit a record high on Monday despite facing pressure over antitrust investigations. Tech giant Alphabet reached $1,397.81 per share, a […]
Alphabet Inc. (NASDAQ:GOOG) parent Alphabet’s stock jumps toward record high Shares of Google-parent Alphabet Inc. GOOG, +2.47% GOOGL, +2.67% jumped 2.1% toward a record high in afternoon trading Monday, after Pivotal Research analyst Michael Levine turned bullish for the first time in nearly three years, saying the recent change in management offers “the most optionality […]
Alphabet Inc. (NASDAQ:GOOG) 2020 Outlook Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 1,204.24. The projected upper bound is: 1,438.36. The projected lower bound is: 1,243.43. The projected closing price is: 1,340.90. Candlesticks A black body […]
New Alphabet Inc. (NASDAQ:GOOG) chief executive set to make millions as founders step down Earlier this month, Google’s two co-founders Larry Page and Sergey Brin, announced they were stepping down from their positions of control at Alphabet (Google’s parent company). We already knew that Google’s existing chief executive, Sundar Pichai, would be taking over from […]
Alphabet Inc. (NASDAQ:GOOG) Assistant can help you keep on top of your stock portfolio Whether you have a retirement account that you’ve set and forgotten or are an active investor making orders at your coffee table, it’d be handy to check up on your portfolio and get things done right from your smart speaker. Google […]
Alphabet Inc. (NASDAQ:GOOG) legal chief unloaded about $145 million of stock Alphabet Inc. legal chief David Drummond unloaded about $145 million of stock — his biggest share sale on record — in the weeks before co-founder Larry Page stepped down as chief executive officer. Drummond sold $72 million of stock in early November and an […]
Alphabet Inc. (NASDAQ:GOOG) acquisition of Fitbit last month prompted immediate concerns about the tech giant’s new access to sensitive health data Google’s acquisition of Fitbit last month prompted immediate concerns about the tech giant’s new access to sensitive health data, amid government scrutiny over its already-broad access to a range of private data on its […]
Alphabet Inc. (NASDAQ:GOOG) Appoints Noble Prize-Winner Frances Arnold To Board Google parent Alphabet Inc. (GOOG, GOOGL) Monday appointed Noble prize winner Frances Arnold to its Board of Directors. Arnold is the Linus Pauling Professor of Chemical Engineering, Bioengineering and Biochemistry and the Director of the Donna and Benjamin M. Rosen Bioengineering Center at the California […]
Alphabet Inc. (NASDAQ:GOOG) gains after Stifel turns bullish Shares of Alphabet Inc. GOOG, +0.57%GOOGL, +0.61% are up 0.6% in premarket trading Thursday after Stifel’s Scott Devitt upgraded the stock to buy from hold. Devitt cited the company’s “durable earnings growth” and ad-dollar share gains as reasons for his optimism. “More recently, some Google search ecosystem […]
Alphabet Inc. (NASDAQ:GOOG) cofounders are stepping down from their leadership roles Google cofounders Larry Page and Sergey Brin are stepping down from their management roles – but they won’t lose control of the company. Google-parent Alphabet announced in a letter to shareholders on Tuesday that Page and Brin would leave their respective roles as CEO […]
Alphabet Inc. (NASDAQ:GOOG) European Union has launched a fresh antitrust investigation Google is facing yet another antitrust investigation from the European Union after being slapped with three multibillion dollar fines in as many years. Reuters reported Friday that it had seen a document showing the EU was investigating how Google uses data. The bloc’s competition […]
Alphabet Inc. (NASDAQ:GOOG) Weak Stadia Launch Dims Some Hopes Google Stadia, the company’s new streaming game service, launches Tuesday, just ahead of the busy holiday season for video games. I’ve been testing it for the past week and it’s a look at the future of gaming where people don’t own expensive consoles, but instead stream […]
Alphabet Inc. (NASDAQ:GOOG) announces plan to limit targeting of political ads Google will restrict how narrowly political advertisers can target voters on the company’s services, putting pressure on Facebook to follow suit. Starting in January, political advertisers will only be able to target broad categories — gender, age or postal code — not more specific details such as […]
Alphabet Inc. (NASDAQ:GOOG) State-level investigations and federal probes pose as stumbling blocks Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) stock has broken out. Before a 1% decline on Monday, Alphabet stock was trading at an all-time high. At this point, GOOG seems to have a clear path toward becoming the fourth stock to reach a $1 trillion market capitalization. […]
Alphabet Inc. (NASDAQ:GOOG) Coming for Your Checking Account Google is the latest tech company interested in gaining a deeper foothold in financial services. The Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) subsidiary is expected to launch a checking account next year, partnering with Citigroup and Stanford Federal Credit Union. There’s a lot to gain for Google. Checking […]
Alphabet Inc. (NASDAQ:GOOG) Time to Buy? At the end of October, Alphabet (NASDAQ:GOOGL) lost ground after the firm’s Q3 results disappointed investors. While the firm’s revenue came in above expectations, its EPS dropped to $10.12 from $13.06 in the year-ago quarter. That was a much steeper drop than analysts had been expecting, which sent Google […]
Alphabet Inc. (NASDAQ:GOOG) cloud computing and wearables could help move the needle Alphabet (NASDAQ:GOOG) stock is holding steady thanks to the announced Fitbit (NYSE:FIT) acquistion. Prior to this announcement, shares fell from their 52-week high of $1,299.31 to as low as $1250.84 per share due to an earnings miss on Oct. 28. But thanks to this potentially game-changing deal, […]
Alphabet Inc. (NASDAQ:GOOG) Innovation at a Reasonable Price Like Apple, Alphabet is an innovative company and its innovative DNA extends beyond its core competency of internet search. Even with a sprawling business model that touches various disruptive themes, such as artificial intelligence, cloud computing, autonomous vehicles and Internet of Things (IoT), Google stock isn’t excessively […]
Fitbit acquisition gives Alphabet Inc. (NASDAQ:GOOG) a bridge to the $3 trillion health care market Alphabet GOOGL, owner of Google, announced last week that it would be acquiring wearable fitness company Fitbit FIT, for roughly $2.1 billion. The move ramps up the competition in the wearables space as tech giants elbow for market share. Google’s Silicon Valley […]
Fitbit to Be Acquired by Alphabet Inc. (NASDAQ:GOOG) Google is buying Fitbit for about $2.1 billion, enabling the internet company to step back into the hotly contested market for smartwatches and health trackers. Fitbit is a pioneer in wearable fitness technology, but it’s been shredded by that competition. Google, meanwhile, has been developing Wear OS […]
Alphabet Inc. (NASDAQ:GOOG) CFO Earnings Call Comment Raises Analyst Concern Google-parent Alphabet (GOOGL) reported third-quarter earnings that missed analyst estimates amid cloud computing investments and a hiring spree. Google stock on Tuesday retreated on the news, slipping below a buy point. Google, which reported results late Monday, said adjusted earnings were $10.12 a share, with gross revenue […]
Alphabet Inc. (NASDAQ:GOOG) parent Alphabet makes offer to buy Fitbit Google parent company Alphabet made an offer to acquire Fitbit, a source familiar with the matter told CNBC Monday. Reuters first reported that Alphabet made the offer to buy Fitbit. Fitbit’s stock was halted after skyrocketing more than 18%. The stock resumed trading and ended the day up 30.5%, adding more […]
Alphabet Inc. (NASDAQ:GOOG) parent Alphabet reported a sharp drop in profits Google parent Alphabet on Monday reported a sharp drop in profits over the past quarter as it ramped up spending for the launch of a wide array of new gadgets and services. Profit dipped 23 percent from a year ago to $7.1 billion as […]
Alphabet Inc. (NASDAQ:GOOG) made a breakthrough in quantum computing Alphabet’s Google GOOG, +1.31% GOOGL, +1.32% said it’s made a breakthrough in quantum computing, known as quantum supremacy. In a blog post, Google said it’s developed a new 54-qubit processor that performed a target computation in 200 seconds, which would take the world’s fastest supercomputer 10,000 […]
Alphabet Inc. (NASDAQ:GOOG) Expands Device Lineup: Key Made by Google Takeaways Alphabet’s GOOGL division Google is making every effort to expand presence in the electronic gadgets space on the back of advanced technologies. The search giant has unveiled innovative devices including — Pixel 4 and Pixel 4 XL smartphones, Pixelbook Go laptop, Nest Mini, Nest Wi-Fi and […]
Alphabet Inc. (NASDAQ:GOOG) Stock Rises On Pixel 4 Debut Google stock advanced on Tuesday amid the unveiling of the Pixel 4 smartphone, which takes on the new Apple iPhone 11 and Samsung devices. Alphabet‘s (GOOGL) Google priced the Pixel 4 starting at $799, above the $699 starting price of the basic Apple (AAPL) iPhone 11. The Pixel 4 […]
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 […]
Alphabet Inc. (NASDAQ:GOOG) will force OEMs to hide their custom gesture navigation systems in Android 10 Google has struggled to devise a new navigation system for Android over the last few releases. No one much liked the two-button design from Pie, and the new full-gesture setup in Android 10 has its critics, too. However, a leaked copy […]
Alphabet Inc. (NASDAQ:GOOG) pretty cheap considering its robust growth prospects Once the most beloved growth stocks in the market, FANG stocks have been under tremendous pressure recently, with one notable exception: Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL). Specifically, relative to their 2019 highs, shares of Facebook (NASDAQ:FB), Amazon (NASDAQ:AMZN) and Netflix (NASDAQ:NFLX) are all off 15% or more. […]
Alphabet Inc. (NASDAQ:GOOG) going to war with Apple Inc. (NASDAQ:AAPL) over the future of gaming The video game industry is in a period of transition, and it’s not just because the next PlayStation and Xbox consoles are due out next year. Rapid adoption of smartphones and global investments in online infrastructure have helped video games […]
Alphabet Inc. (NASDAQ:GOOG) crushed second-quarter estimates, the bar is high going into the third-quarter update Amid a sell-off of many growth stocks in recent weeks, shares of search giant Alphabet (NASDAQ:GOOGL) (NASDAQ:GOOG) have been resilient. Indeed, the stock is up 5% over the past month and 17% year to date. The stock’s strong performance this year reflects impressive momentum in Alphabet’s […]
Alphabet Inc. (NASDAQ:GOOG) expected to unveil new Pixel phone on Oct. 15 Google on Monday sent out invitations to an October 15 event starring “things Made by Google,” with a new Pixel smartphone expected in the line-up. The unveiling in New York City is likely to spotlight Google’s Android-powered challenge to the latest generation of […]
Alphabet Inc. (NASDAQ:GOOG) ordered by NLRB to assure employees they can speak out on workplace issues Google, a unit of Alphabet Inc. GOOGL, +1.23%, has been ordered by federal regulators to assure its employees that they are allowed to speak out on workplace issues, according to a report in The Wall Street Journal. The report, which cited […]
Alphabet Inc. (NASDAQ:GOOG) is paying researchers to find third-party apps that misuse customer data Under increasing scrutiny by regulators and with security problems plaguing its Play Store and Chrome web browser, Alphabet‘s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google has announced a new bounty program aimed at helping clean things up. It comes at a precarious time for the Internet search giant. Business […]
Alphabet Inc. (NASDAQ:GOOG) to be hit with state antitrust probes Dozens of state attorneys general are set to formally launch separate antitrust probes starting next week into Facebook and Alphabet’s Google unit, according to The Wall Street Journal, citing people familiar with the matter. The Google probe is expected to be announced Monday at a news conference […]
Alphabet Inc. (NASDAQ:GOOG) investors should prepare for more volatility In April, Google parent, Alphabet’s (NASDAQ: GOOGL) stock price was punished when results disappointed investors. Last week, when the company’s results beat analyst expectations, the stock price soared 12%. These are big moves for a company worth $850 billion – but investors should prepare for more […]
Alphabet Inc. (NASDAQ:GOOG) just logged its best one-day gain in four years Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG), parent of search engine giant Google, may be getting a bit long in the tooth and have lost a step since its earlier days. The fact that Google stock just logged its best one-day gain in four years, however, makes it […]
Alphabet Inc. (NASDAQ:GOOG) Stock Soars Shares of Google parent Alphabet also soared when the online search giant reported its second-quarter results. Constant-currency revenue jumped 22% year over year — an acceleration from 19% growth in Q1. Revenue in Q2 was $38.94 billion, easily beating analysts’ average forecast for revenue of $38.15 billion. While some of this growth […]
Alphabet Inc. (NASDAQ:GOOG) beat analyst estimates as the company announced a $25 billion stock buyback Google-parent Alphabet (GOOGL) reported second-quarter earnings and revenue that beat analyst estimates as the company announced a $25 billion stock buyback. The Google earnings news sent shares in the internet search giant soaring in extended trading late Thursday. Google stock had sold […]
Alphabet Inc. (NASDAQ:GOOG) Earnings After The Bell Earnings season is hitting the peak of its excitement with 3 out of the 4 FANG stocks reporting this week. The market has had been responding relatively positively to Q2 earnings thus far with the S&P 500 hitting new all-time highs today. Alphabet GOOGL AKA Google, the search […]
Alphabet Inc. (NASDAQ:GOOG) dips after new antitrust inquiry reported Shares in the largest tech companies in the U.S. took a hit in after-hours trading Tuesday afternoon, following a report that a new antitrust investigation has begun by the Department of Justice. Independent investigations into Apple Inc. AAPL, +0.78% Alphabet Inc. GOOGL, +0.78% GOOG, +0.72% Facebook […]
Can Alphabet Inc. (NASDAQ:GOOG) steal Amazon’s lunch? Following the feeding frenzy of Amazon Prime Day, Google has debuted its new shopping platform to lure customers with personalized recommendations. The tool is now live in the US, and will welcome you by name and show tailored suggestions if you’re logged in with your Google account. Google has previously insisted that […]
Hit or miss, come July 25, Alphabet Inc. (NASDAQ:GOOG) worth owning I last wrote about Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) May 1 just after the company reported an earnings miss. Down more than 8% on the news, I recommended investors buy Google stock despite the miss. Heading into next week’s second-quarter earnings call, I thought I’d revisit some of […]
Alphabet Inc. (NASDAQ:GOOG) Re-establishing privacy The biggest challenge in resuscitating privacy isn’t that it’s difficult for consumers to opt out of invasive online services, it’s that it’s nearly impossible for businesses to do so (and I only say “nearly” here by way of a hedge). Case in point: Steve Wozniak’s aforementioned recommendation to leave Facebook was initially […]
Alphabet Inc. (NASDAQ:GOOG) rallies despite appearance of bearish ‘death cross’ pattern Shares of Google-parent Alphabet Inc. GOOGL, +1.48% rose 1.2% in morning trading Wednesday, despite the appearance of a “death cross” chart pattern that suggests a bearish technical outlook. A death cross is when the 50-day moving average (DMA), a widely followed short-term trend tracker, […]
Alphabet Inc. (NASDAQ:GOOG) is reportedly in talks with satellite TV giant Dish Network Google is reportedly in talks with satellite TV giant Dish Network (DISH – Get Report) to potentially create a fourth U.S. wireless carrier, even as Sprint (S – Get Report) and T-Mobile struggle to get their controversial merger cleared with federal and […]
Alphabet Inc. (NASDAQ:GOOG) Stock and the AI Moves From its early days, Google has invested heavily in AI. Keep in mind that the technology has been critical in evolving the core search engine. The company has also pulled off a myriad of acquisitions to bulk up its AI capabilities. For example, with the deal for […]
Alphabet Inc. (NASDAQ:GOOG) A new global trend The technology sector has been on a volatile ride of late, driven in large part by the fortunes of some household names. Franklin Equity Group’s Jonathan Curtis believes the sector offers attractive long-term potential. In this article, he champions the contribution of lesser known names and explores the […]
California regulators have approved self-driving cars from Alphabet Inc. (NASDAQ:GOOG) owned Waymo to carry passengers Alphabet’s self-driving car company Waymo can now begin transporting passengers in its robotaxis, thanks to a new regulatory approval in California. The California Public Utilities Commission issued Waymo approval to join a test program called Autonomous Vehicle Passenger Service Pilot. […]
Alphabet Inc. (NASDAQ:GOOG) division Google recently announced that it will be commissioning a new subsea cable Alphabet Inc.’s GOOGL division Google recently announced that it will be commissioning a new subsea cable, namely Equiano, which will connect Africa and Europe. In regard to this project, Google signed a contract with Alcatel Submarine Networks in the […]
Alphabet Inc. (NASDAQ:GOOG) cybersecurity business, Chronicle, is being absorbed into Google and will join forces the company’s Cloud division Alphabet’s cybersecurity arm, Chronicle, is being absorbed into Google and will join forces the company’s Cloud division, Thomas Kurian, the company’s Cloud chief, wrote on Thursday. The move makes strategic sense for Google Cloud – which under the […]
Alphabet Inc. (NASDAQ:GOOG) workers and investors demand accountability Of the five huge companies known as “cloud czars,” the one that has done worst for shareholders in 2019 is Alphabet (NASDAQ:GOOGL). These are the artists formerly known as Google. GOOGL stock’s first-half advance of 4.1% not only trails Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN), Facebook (NASDAQ:FB) and Microsoft […]
Alphabet Inc. (NASDAQ:GOOG) search content practices and strategy receiving attention from regulators As media reports keep arriving about the DOJ’s antitrust probe of Alphabet/Google, it looks more and more as if Google’s search content practices and strategy will get some attention from regulators. If this part of the DOJ’s probe results in major changes to […]
Alphabet Inc. (NASDAQ:GOOG) Rare Political Consensus Casts Cloud It’s a scenario that sets the stage, finally, for legislative change that could do what the FTC and the DOJ will likely be unable to meaningfully do. Additionally, it’s an element that could meaningfully affect Google stock. “If we want relief and we want it in our […]
Alphabet Inc. (NASDAQ:GOOG) faced a fierce backlash after details leaked about its censored search engine for China Last year, Alphabet ‘s (NASDAQ: GOOG) (NASDAQ: GOOGL) Google faced a fierce backlash after details leaked about its censored search engine for China, codenamed Dragonfly. In December, The Intercept claimed that Google “effectively ended” the development of Dragonfly, but CEO Sundar […]
Alphabet Inc. (NASDAQ:GOOG) none of the proposals made by activist investors at the company’s shareholder meeting were passed Google parent Alphabet Inc. faced a wave of critical proposals from activists and employees during its annual shareholder meeting Wednesday, including one to split up the internet search and ad-selling giant before regulators break it into pieces. […]
Alphabet Inc. (NASDAQ:GOOG) inject $1 Billion To Try To Tame Housing Costs In SF Bay Area Google is committing $1 billion to try to provide more affordable housing in the San Francisco Bay Area, where big tech firms have been blamed for putting home prices out of reach for anyone without a rich stock-option plan. […]
Alphabet Inc. (NASDAQ:GOOG) executives are preparing themselves for a bruising meeting with investors oogle executives are preparing themselves for a bruising meeting with investors protesting pay and bonuses for high ranking employees who turn a bind eye to sexual misconduct, following a year of high profile scandals at the company. Shareholders will on Wednesday vote […]
Alphabet Inc. (NASDAQ:GOOG) Stock Too Big (and Important) to Break Up Anyone who remembers the 2008 financial collapse and the subsequent federal actions likely have a bitter taste in their mouths. Rather than give the American people a break, the government decided to help out major corporations; the very ones that almost destroyed global markets. […]
Alphabet Inc. (NASDAQ:GOOG) pays Apple billions of dollars to be the default search engine on the Safari browser Google pays Apple billions of dollars to be the default search engine in the Safari browser on iPhones and Mac computers. A deal like that doesn’t come together overnight, and a new interview with Apple’s former general counsel Bruce Sewell […]
Alphabet Inc. (NASDAQ:GOOG) will have an AWS moment like Amazon did While June has not been kind to Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) stock so far, time will attest that it’s a gem in disguise. Every now and then, we get a stock that is a sure thing, and Google stock fits the bill. This is a company that […]
Alphabet Inc. (NASDAQ:GOOG) stock down amid concerns that the Justice Department may launch an investigation into potential antitrust violations Shares of Google parent Alphabet Inc. tumbled Monday, enough to push them briefly into bear market territory, before bouncing back out just before the close. The stock was down as much as 7.2% at an intraday […]
Should You Like or Dislike Alphabet Inc. (NASDAQ:GOOG) Stock? Alphabet (NASDAQ: GOOGL , NASDAQ: GOOG ) reported its 2019 first-quarter earnings April 29 after the close of trading. Since then, GOOGL stock is down almost 14% through May 30. There’s a lot to like about Alphabet. However, not everything is perfect. With that in mind, here are three things […]
Alphabet Inc. (NASDAQ:GOOG) Justice Department Prepping Antitrust Investigation The U.S. Department of Justice (DOJ) is preparing to launch an antitrust probe into Google, the search division of Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) , according to a Friday report in The Wall Street Journal . Several other news outlets, including The New York Times and Bloomberg, have since confirmed an investigation is imminent. The […]
Alphabet Inc. (NASDAQ:GOOG) CEO turns down large stock bonuses Sundar Pichai was, for years, one of the world’s highest-paid corporate executives. Now he’s facing the opposite reality: No big paychecks at all. The Google chief executive officer hasn’t received an equity award in more than two years. A key reason is that Pichai turned down […]
Alphabet Inc. (NASDAQ:GOOG) CEO Sundar Pichai hasn’t received an equity award in more than two years after he turned down a big new grant of restricted stock in 2018 Sundar Pichai was, for years, one of the world’s highest-paid corporate executives. Now he’s facing the opposite reality: No big paychecks at all. The Google chief […]
Alphabet Inc. (NASDAQ:GOOG) could lose around $150-$200 million for the Huawei ban Alphabet Inc (NASDAQ:GOOG) was in the news for it shutting Huawei out from Android after a 90 day license is up. Alphabet had to shut Huawei out of Android because the Trump administration placed the Chinese company on a tech blacklist that prevented american companies […]