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) cloud business alone is now worth $225 billion Alphabet Inc.’s cloud business alone is now worth $225 billion, Deutsche Bank analysts led by Lloyd Walmsley wrote in a note. The unit could report compound annual growth of 55% between 2018 and 2022, and reach annual sales of about $38 billion by 2025, […]
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) to play hardball with French media companies when it comes to linking to their content in its search results While the US obsessed on Wednesday over what technically constitutes impeachment for a sitting American president, European news publishers were focused on something quite different: namely, a decision by Google to play hardball with French media companies […]
Alphabet Inc. (NASDAQ:GOOG) steps up battle on ‘deepfakes’ with data release Google said Wednesday it was stepping up efforts to battle “deepfakes” by releasing new data to help researchers detect videos manipulated by artificial intelligence. The tech giant is releasing “a large dataset of visual deepfakes we’ve produced” that can be used as benchmarks to […]
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) faces renewed antitrust pressure The Nasdaq Composite, the most tech-heavy of the major US stock indexes, slid on Monday as shares of Alphabet tumbled as much as 1% following the announcement of new antitrust investigation into Google’s ad business. A coalition of state attorneys general from 49 states and Washington, D.C. announced […]
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 […]
Alphabet Inc. (NASDAQ:GOOG) managers are incubating vibrant new businesses in pharma and tech This might seem a particularly bad time to be investing in big tech. President Trump said Tuesday morning that his administration would look into accusations that Google has been secretly working with the Chinese military. The charge came from Peter Thiel, a PayPal co-founder and […]
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, […]
Amazon and Alphabet Inc. (NASDAQ:GOOG) have brought their popular video apps to each other’s respective streaming platforms As promised back in April, Amazon and Google have brought their popular video apps to each other’s respective streaming platforms. You can now download the official YouTube app on Amazon’s Fire TV Stick (second-generation and Basic Edition), Fire […]
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) potential breakup of the company — could be reason to cheer Alphabet Inc. investors have been sweating a potential antitrust investigation into the Google parent, but one analyst suggests that regulatory scrutiny — meaning a potential breakup of the company — could be reason to cheer. Needham’s Laura Martin said Tuesday that […]
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) made its first big cloud computing acquisition Alphabet‘s (GOOGL) Google made its first big cloud computing acquisition under new boss Thomas Kurian by purchasing data analytics firm Looker for $2.6 billion in cash, the company said Thursday. Google stock edged down on the news. The internet search and advertising giant and Santa […]
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 […]
Alphabet Inc. (NASDAQ:GOOG) has had a spate of bad publicity The Big Tech backlash has just started, but it’s picking up speed. For the last two years, Facebook has been caught up in scandal after scandal, particularly about the use of its 2.4 billion users’ private data and providing a forum for hate speech and political skullduggery. The […]
Alphabet Inc. (NASDAQ:GOOG) Targets Shoppers, Eyes Amazon Turf The company on Tuesday hosted its Google Marketing Live presentation, where it discussed new advertising products. It also unveiled a list of new products meant to attract online shoppers, encroaching on the turf of Amazon.com (AMZN). “From a competitive standpoint, new ad formats and experiences may compete […]
Alphabet Inc. (NASDAQ:GOOG) easing up on Huawei Alphabet’s (GOOGL) Google said today it plans to work with China’s Huaweiover the next 90 days, shortly after the U.S. temporarily eased some trade restrictions on the world’s second-largest smartphone maker. The move marks a sudden and dramatic turnabout for the U.S. tech conglomerate. On Sunday, Google said it […]
Alphabet Inc. (NASDAQ:GOOG) announcement puts future access to popular apps such as Gmail, YouTube and Chrome in doubt. Huawei founder defiant in the face of U.S. action U.S. companies began complying Monday with a White House order to curb sales to Chinese telecom giant Huawei, sending U.S. technology stocks sharply lower and signalling what’s likely […]
Alphabet Inc. (NASDAQ:GOOG) suspended business with Huawei that requires the transfer of hardware Alphabet’s Google has suspended business with Huawei that requires the transfer of hardware, software and technical services except those publicly available via open source licensing, a source familiar with the matter told Reuters on Sunday, in a blow to the Chinese technology company that the U.S. […]
Alphabet Inc. (NASDAQ:GOOG) Target $1300 Deutsche said Alphabet has one of the “best” ad product pipelines. “We increase our estimates and confidence in the medium-term outlook for Alphabet shares coming out of the Google Marketing Live keynote in San Francisco, where we see an accelerating pace of new ad product making us meaningfully more confident in the 2020 outlook. […]
Alphabet Inc. (NASDAQ:GOOG) fell after Morgan Stanley analysts write that the stock will likely continue to sink in the short term Google parent company Alphabet was down 1% Tuesday after Morgan Stanley analysts warned the stock will continue to deteriorate in the short term. The drop shaved more than $8 billion from Alphabet’s market cap, […]
Alphabet Inc. (NASDAQ:GOOG) kicked off its annual I/O developer conference today Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) subsidiary Google kicked off its annual I/O developer conference today, announcing all sorts of news around both hardware and software during the opening keynote. The search giant has enjoyed particular success in smart-home technology, including its popular line of smart […]
Alphabet Inc. (NASDAQ:GOOG) remains extremely robust and growth will continue to come from multiple fronts Alphabet’s results disappointed Wall Street, although revenue and earnings were both ahead of our estimates. What’s more, revenue grew 16.7% off a $30 billion base, which is huge by any standards. Regardless, the shares were battered afterward. Google property ad […]
Alphabet Inc. (NASDAQ:GOOG) set to tackle gaming, healthcare, and smart assistant devices Google who has spent millions funding retailers such as JB Hi Fi resulting in them dominating in the voice activation market in Australia is set to revamp their business. The big search Company is set to tackle gaming, healthcare, and smart assistant devices […]
Alphabet Inc. (NASDAQ:GOOG) Looks to Blockchain Investments One of the technological breakthroughs Google has been gambling on is blockchain technology. Last year, the company announced that it was developing its own blockchain-based distributed ledger as part of its Cloud services. According to a report by CBInsights, Alphabet is one of the top investors in blockchain […]
Alphabet Inc. (NASDAQ:GOOG) profit continues to be buoyed by paper gains on its investments, as long as you ignore giant fines Alphabet Inc. absolutely destroyed earnings expectations in every quarter in 2018 — but there are two big reasons for that. Google’s parent company beat analysts’ quarterly earnings estimates by an average of about 27% […]
Alphabet Inc. (NASDAQ:GOOG) regulatory troubles continue Last year was a tough one for Google parentAlphabet (NASDAQ:GOOGL) (NASDAQ:GOOG). The stock couldn’t seem to get any momentum and ended the year barely breaking even. But shares have gained 22% so far this year, and the company is trying to build on that momentum. Regulatory headaches, however, keep coming back […]
Alphabet Inc. (NASDAQ:GOOG) First Drone Delivery Seen This Year Drone delivery is a step closer to reality after Wing, a unit of Google parent Alphabet (GOOGL), received government approval as an airline. Wing Aviation has been given the same certifications smaller airlines receive from the U.S. Federal Aviation Administration and the Department of Transportation, according […]
Alphabet Inc. (NASDAQ:GOOG) A streaming breakthrough It appears the bitter rivals have agreed to cease hostilities — at least on one front. In a joint press release , Amazon and Google announced that they would “launch the official YouTube app on Amazon Fire TV devices and Fire TV Edition smart TVs, as well as the […]
Alphabet Inc. (NASDAQ:GOOG) cloud computing wars are heating up In 2018, major technology companies began to seriously turn their attention to the cloud gaming industry. For example, in May last year, it became known that the company Electronic Arts (the largest distributor of video games in the US) bought a startup Gamefly, which just specializes […]
Alphabet Inc. (NASDAQ:GOOG) expect the cheaper versions of Google’s Pixel 3 phones quite soon If Google’s own hint is anything to go by, we can expect the cheaper versions of Google’s Pixel 3 phones quite soon. There’s no guarantee, but May 7 appears to be the date Google will announce the “Pixel 3a,” as it’s […]
What Could Derail Alphabet Inc. (NASDAQ:GOOG) Stock? On Feb. 4, when Google came out with Q4 2018 earnings, it raised a few eyebrows as the company revealed declining advertising prices and rising costs. Investors are especially concerned that the group’s core advertising business is likely to be at a plateau. They are now watching Amazon’s increased […]
Alphabet Inc. (NASDAQ:GOOG) having an iPhone doesn’t stop Google handing over your data A New York Times investigation into how Google furnishes law enforcement with phone data exposed one crucial detail – having an iPhone doesn’t stop Google handing over your data. The in-depth investigation by the Times revealed many details about how Google uses its […]
Alphabet Inc. (NASDAQ:GOOG) chief diversity officer, Danielle Brown, is leaving the company Following a year full of controversy – including the Google Walkout, where employees protested the company’s handling of sexual misconduct allegations – Google is shaking up its diversity and inclusion team. Google’s chief diversity officer, Danielle Brown, is leaving the company, the company […]
Alphabet Inc. (NASDAQ:GOOG) Shayne ‘Jack’ Heffernan maintains a Buy rating This week is shaping up to be an important one for Alphabet (GOOGL) as the Google Cloud Next conference will commence on Tuesday and go through Thursday. If this is to look like last year’s conference, Google is expected to announce new products and partnerships, […]
Alphabet Inc. (NASDAQ:GOOG) accused of paying 24 times less corporation tax Web giant Google has been accused of avoiding enough UK corporation tax last year to give our flatlining NHS 60,000 more nurses. The £1.5billion estimate by campaign group the Tax Justice Network, in an analysis for the Mirror, is based on the firm booking […]
Alphabet Inc. (NASDAQ:GOOG) cancelled its AI ethics board a little more than a week after announcing it Google has shut down its AI ethics board little more than a week after announcing it. Vox reports that the Silicon Valley tech giant has scrapped the group, which had been intended to scrutinise the company’s work on […]
Alphabet Inc. (NASDAQ:GOOG) paid just £67 million in UK corporation tax last year while it enjoyed revenues of £1.41 billion The revelations have triggered calls for the UK’s tax system to be simplified in order to reduce their exploitation. They come as the Treasury considers a new digital levy designed to boost the amount that Silicon […]
Hey Alphabet Inc. (NASDAQ:GOOG), talk to Walmart Walmart customers will be able to order groceries with voice commands through Google’s smart-home assistant, the retail giant announced on Tuesday in its latest effort to compete with Amazon. Starting this month, shoppers will be to add items directly to their Walmart Grocery cart using Google Assistant by […]
Alphabet Inc. (NASDAQ:GOOG) earnings are a concern Google stock slid 0.5% to 1,172.27, falling for a fifth straight session. The FANG stock now has a 1,236.53 entry in an eight-month saucer-with-handle base. That handle buy point is not far from the Google stock peak of 1,291.44 set July 27. Google earnings are a concern, though not as […]
Alphabet Inc. (NASDAQ:GOOG) announced a new external ethics council which will examine its development of AI Google has set up a new external ethics council to oversee its development of AI, but one of its members has been criticized for her anti-trans and anti-immigrant views. Google’s VP of Global Affairs Kent Walker announced the new […]
Alphabet Inc. (NASDAQ:GOOG) is revitalizing its robotics division Today, Google’s new effort – known as Robotics at Google – is led by Vincent Vanhoucke, who served as a key player in the company’s artificial intelligence project, Google Brain. Perhaps a result of Vanhoucke background in AI, Robitics at Google will focus more on advanced software […]
Alphabet Inc. (NASDAQ:GOOG) expanding footprint in the online payment industry on the back of partnerships Alphabet’s division, Google is expanding footprint in the online payment industry on the back of partnerships, which is evident from its latest move. The company teamed up with eBay to offer the online payment app called Google Pay as one […]
Alphabet Inc. (NASDAQ:GOOG) Regulatory risk is rising Of course, many would argue that the push to crack down on tech is an example of punishing success. Big doesn’t have to be bad. And these tech giants were built on American ingenuity.Nonetheless, Wall Street is starting to grow worried about a looming tech crackdown. Facebook,mired in […]
Alphabet Inc. (NASDAQ:GOOG) hit with a $1.7 billion antitrust fine for harming competition in online advertising The European Union on Wednesday hit Google-parent Alphabet (GOOGL) with a $1.7 billion antitrust fine for harming competition in online advertising, marking the third penalty issued against the internet giant by the EU. Google stock climbed despite the latest EU […]
Alphabet Inc. (NASDAQ:GOOG) confirmed the firm won a deal for its game streaming platform Advanced Micro Devices spiked 11.8 percent Tuesday after Google confirmed the firm won a deal for its game streaming platform. Google unveiled the platform in an event Tuesday, where it shared its plans for a new gaming service called Stadia. The rally brought AMD’s market cap […]
Alphabet Inc. (NASDAQ:GOOG) reported earnings don’t tell the whole story Unlike most large-cap public companies, Alphabet (NASDAQ:GOOG,GOOGL), more commonly referred to as Google, doesn’t report adjusted earnings. That’s not necessarily a problem for Google stock — even as it trades at a five-month high. But understanding the actual underlying business is key to understanding GOOGL […]
Alphabet Inc. (NASDAQ:GOOG) aims to leverage its parent’s cloud-computing platform Chronicle — the security startup spawned by Google-owner Alphabet (GOOGL) — aims to leverage its parent’s cloud-computing platform. Customers can set up “private clouds” storing their security data. Like sibling Google, Chronicle will use artificial-intelligence tools to analyze huge amounts of data. Shayne Heffernan said “the next battle in the […]
Alphabet Inc. (NASDAQ:GOOG) newly unsealed court docs reveal Larry Page threatened to leave if the company didn’t find a way to keep him in control Google’s board of directors created a third class of stock in 2012 in part to placate cofounder Larry Page, who was worried about losing control of the company, Bloomberg reported […]
Alphabet Inc. (NASDAQ:GOOG) strives for transparency After employees walked out to protest its handling of sexual misconduct allegations—including payouts to executives—the company promised change. Now it’s bringing new details to light. Google wants to clear the air about its culture of harassment—but that means letting specifics emerge. The company is facing renewed scrutiny over how […]
Alphabet Inc. (NASDAQ:GOOG) agreed to pay $135 million to two former executives accused of sexual harassment Google agreed to pay $135 million to two former executives accused of sexual harassment, it confirmed to The Verge today. We now know from a newly unsealed lawsuit that former senior search vice president Amit Singhal was initially offered $45 million, […]
Alphabet Inc. (NASDAQ:GOOG) about to be hit with a new tax bill in Europe Big tech companies including Facebook, Google, and Amazon are going to have start paying billions more in tax in Europe after lawmakers demand they contribute more to the public purse. France has joined the UK in setting out plans to tax […]
Alphabet Inc. (NASDAQ:GOOG) analysts at Needham initiated coverage of the company with a buy rating Google’s parent company rose 1.37 percent after analysts at Needham initiated coverage of the company with a buy rating and a price target of $1,350, implying a 17 percent upside. Needham said YouTube could be a positive catalyst for Alphabet […]
