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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

179.11

Mkt cap

2.2T

Volume

9.6M

High

181.64

P/E Ratio

24.09

52-wk high

193.31

Low

178.89

Div yield

0.00

52-wk low

129.40

Google announced it will introduce a 'Choice Experience' in Chrome instead of deprecating third-party cookies. The company will continue developing Privacy Sandbox APIs to enhance privacy and utility, and plans to add IP protection to Incognito Mode.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 7:16 pm

The UK's Competition and Markets Authority (CMA) has accepted Google's commitments regarding the use of third-party cookies. This decision is significant for Google's advertising business and its relationship with regulators.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 7:04 pm

Nvidia-backed AI startup Cohere Inc. has reached a valuation of $5.5 billion after a $500 million Series D funding round led by PSP Investments. New investors include Cisco Systems, AMD Ventures, and Canada's EDC. Cohere focuses on large language models for businesses and has seen its valuation more than double from the previous year.

Portfolio Pulse from Shivani Kumaresan

July 22, 2024 | 5:40 pm

Vice President Kamala Harris, endorsed by President Biden as the 2024 Democratic nominee, is advocating for AI regulation and the regulation of big technology companies. Harris has a history with the tech sector and has called for AI regulation to protect public safety and privacy. She has not pushed for breaking up big tech companies like Amazon, Alphabet, and Meta, but has emphasized the need for regulation to ensure consumer privacy. The potential ban of TikTok is also a topic, with Harris opposing a ban but expressing national security concerns.

Portfolio Pulse from Chris Katje

July 22, 2024 | 4:57 pm

Market strategist Jay Woods highlights key earnings reports to watch this week, including Alphabet (GOOG, GOOGL), Tesla, and United Parcel Service (UPS). UPS's performance is crucial for insights into the transport sector and overall market health. Alphabet's earnings and potential acquisition of Wiz are also in focus.

Portfolio Pulse from Chris Katje

July 22, 2024 | 4:46 pm

Google Cloud has announced the general availability of Datastream's SQL Server source, enhancing its data replication and integration capabilities.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 4:06 pm

Google announced that starting August 7th, 2024, it will update its Google Ads Gambling & Games Policy for Peru. The update will allow ads from operators licensed by the Ministry of Foreign Trade & Tourism.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 4:00 pm

Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) is set to report its Q2 earnings with Wall Street expecting $1.84 in EPS and $84.1 billion in revenues. Despite a 45.59% increase over the past year, the stock shows bearish momentum ahead of the earnings report. Technical indicators are mixed, with some suggesting potential buying opportunities. Analysts maintain a Buy rating with a price target of $196.22, implying a 16.16% upside.

Portfolio Pulse from Surbhi Jain

July 22, 2024 | 3:10 pm

The article discusses the stock market's reaction to Biden's withdrawal and Harris becoming the presumptive nominee. It highlights the positive money flows in major tech stocks and ETFs, and the potential impact on various assets including Bitcoin, gold, and oil.

Portfolio Pulse from The Arora Report

July 22, 2024 | 2:39 pm

Alphabet, Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) is expected to report strong Q2 results with increased search revenue. Analysts predict earnings of $1.85 per share and revenue of $84.20 billion. Wedbush analyst Scott Devitt reiterated an Outperform rating and $205 price target, citing positive ad survey results and strong Google Search revenue growth. Operating income is expected to exceed consensus estimates, with operating margin likely to expand.

Portfolio Pulse from Shanthi Rexaline

July 22, 2024 | 1:23 pm

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