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GOOG

Alphabet Inc.

Industry

Internet Content & Information

Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in the Google Play and YouTube; and devices, as well as in the provision of YouTube consumer subscription services. The Google Cloud segment offers infrastructure, cybersecurity, databases, analytics, AI, and other services; Google Workspace that include cloud-based communication and collaboration tools for enterprises, such as Gmail, Docs, Drive, Calendar, and Meet; and other services for enterprise customers. The Other Bets segment sells healthcare-related and internet services. The company was incorporated in 1998 and is headquartered in Mountain View, California.

Open

192.71

Mkt cap

2.3T

Volume

18M

High

194.34

P/E Ratio

25.42

52-wk high

196.89

Low

191.26

Div yield

0.00

52-wk low

131.55

Micron's upcoming earnings report is expected to significantly influence the AI rally and the broader stock market. The report will be released on Wednesday after the close. Other notable mentions include Apple's regulatory issues in Europe, mixed money flows in major tech stocks, and cooling inflows in Bitcoin ETFs.

Portfolio Pulse from The Arora Report

June 24, 2024 | 3:59 pm

AST SpaceMobile (NASDAQ:ASTS) has appointed Chris Sambar, Head of Network at AT&T (NYSE:T), to its Board of Directors as the company prepares for its first commercial satellite launch. The stock saw some recovery after a recent selloff. AST SpaceMobile has strategic investments from major companies and a contract with the U.S. Government. The stock has gained 56% in the last 12 months.

Portfolio Pulse from Anusuya Lahiri

June 24, 2024 | 3:50 pm

In 2024, the U.S. tech industry has seen significant layoffs, with Tesla leading the charge by reducing its workforce by 14%. Other companies like Dell, Cisco, Xerox, PayPal, Microsoft, Unity, Wayfair, Expedia, and Google have also announced substantial layoffs. These workforce reductions reflect broader industry challenges and strategic realignments.

Portfolio Pulse from Surbhi Jain

June 24, 2024 | 2:20 pm

MoneyLion has appointed Jon Kaplan as its first Chief Revenue Officer. Kaplan has a strong background with experience at Pinterest and Google, which could drive growth and innovation at MoneyLion.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 1:12 pm

The Nasdaq 100 closed lower by over 50 points on Friday, with notable insider trades in companies like Applied Materials, Pinterest, Alphabet, and McDonald's. Insider sales can indicate concerns about a company's prospects or that the stock is overpriced. However, they should not be the sole basis for investment decisions.

Portfolio Pulse from Avi Kapoor

June 24, 2024 | 11:55 am

Apple Inc. (NASDAQ:AAPL) is facing an EU antitrust probe for allegedly violating the Digital Markets Act, which could result in a fine of up to 10% of its global revenue. The investigation is part of broader regulatory scrutiny on major U.S. tech companies in Europe.

Portfolio Pulse from Benzinga Neuro

June 24, 2024 | 10:20 am

Benzinga reviewed the prospects of popular stocks and assets, highlighting bullish and bearish sentiments. Key mentions include Nvidia, GameStop, Trump Media, Apple, and Tesla. The S&P 500 and Nasdaq 100 hit record highs, while oil prices rebounded, boosting energy stocks.

Portfolio Pulse from Michael Cohen

June 22, 2024 | 12:55 pm

Growth stocks have significantly outperformed value stocks in June 2024, driven by strong performance in the technology sector and AI-related industries. The iShares Russell 1000 Growth ETF (IWF) surged by 6.5%, while the iShares Russell 1000 Value ETF (IWD) declined by 1.4%. Key drivers include the dominance of tech stocks, particularly chipmakers, and the absence of major tech companies in value ETFs.

Portfolio Pulse from Piero Cingari

June 21, 2024 | 8:06 pm

YouTube, owned by Alphabet Inc., is intensifying its efforts to combat ad-blocking by experimenting with server-side ad injection and cracking down on VPN usage to access cheaper subscriptions. This move aims to boost ad revenue, a significant part of Alphabet's income.

Portfolio Pulse from Hayden Buckfire

June 21, 2024 | 5:55 pm

Today's session saw significant options activity in 10 communication services stocks, including GOOGL, GOOG, TTD, SNAP, NFLX, META, DJT, ZI, NXST, and WBD. The activity includes both bullish and bearish sentiments, with various expiration dates and strike prices.

Portfolio Pulse from Benzinga Insights

June 21, 2024 | 5:35 pm

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