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About Alphabet Inc - Class C

CEO
Sundar Pichai
Employees
135301
Headquarters

1600 Amphitheatre Pkwy
Mountain View, California 94043-1351
Phone: 16502530000
https://abc.xyz/

News

Needham maintains Buy rating on Alphabet amid antitrust talks
Aug 30, 2024 15:27pm

https://www.investing.com/news/company-news/needham-maintains-buy-rating-on-alphabet-amid-antitrust-talks-93CH-3595709


Source:Investing.com
Comparative Study: Meta Platforms And Industry Competitors In Interactive Media & Services Industry
Aug 30, 2024 15:00pm

In today''s rapidly changing and fiercely competitive business landscape, it is essential for investors and industry enthusiasts to thoroughly analyze companies. In this article, we will conduct a comprehensive industry comparison, evaluating Meta Platforms (NASDAQ: META ) against its key competitors in the Interactive Media & Services industry. By examining key financial metrics, market position, and growth prospects, we aim to provide valuable insights for investors and shed light on company''s performance within the industry. Meta Platforms Background Meta is the world''s largest online social network, with nearly 4 billion family of apps monthly active users. Users engage with each other in different ways, exchanging messages and sharing news events, photos, and videos. The firm''s ecosystem consists mainly of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. Users can access Facebook on mobile devices and desktops. Advertising revenue represents more than 90% of the firm''s total revenue, with more than 45% coming from the US and Canada and over 20% from Europe.


Source:Benzinga
Google To Invest Over $850M In Second Latin American Data Center Amid Global Expansion Efforts
Aug 30, 2024 09:29am

Google , a subsidiary of Alphabet Inc. (NASDAQ: GOOG ) (NASDAQ: GOOGL ), announced on Thursday its plans to open a second data center in Latin America, specifically in Canelones, Uruguay. What Happened : The company will invest more than $850 million in this new facility. Google first entered the Latin American data center market in 2015 with a facility in Quilicura, near Santiago, Chile. “We hope our new data center in Canelones will be a significant contribution to the professional and technological development of Uruguay and the entire region,” Google said in a blog post. In May, Google announced a $3 billion investment for a data … Full story available on Benzinga.com


Source:Benzinga
Who Says Amazon and Google Get to Have All the AI Fun? Apple Reportedly Prepares OpenAI Investment in Multibillion-Dollar Round
Aug 30, 2024 03:16am

… ) join existing multibillion-dollar backer Microsoft aboard the OpenAI train. Against … authorization constitutes fair use. Meanwhile, Microsoft and OpenAI are grappling with … of the YouTube Music owner Google /Alphabet, Facebook parent Meta …


Source:EIN News IT
e-Mini S&P futures are higher by about 0.16% at the resumption of trading
Aug 29, 2024 22:09pm

At the resumption of trading in the futures market, the e-mini S&P contract is up 0.16%. Dell reported after the closing shares are currently up 2.95%. Nvidia which notes their earnings yesterday after close is trading up 0.42% after declining -6.38% today. Apple shares are trading up 0.13% after rising 1.46% yesterday Meta is trading up 0.07% after rising you .28% yesterday. Microsoft is trading up 0.14% after rising by 0.61% yesterday Amazon is trading unchanged after rising 0.77% yesterday Alphabet is trading up 0.15% after falling -0.66% yesterday Tesla is up 0.18% after rising 0.26% yesterday Gold is little changed and up $0.38 or 0.02% $2520.97 Bitcoin is trading down around $210 and $58,900 This article was written by Greg Michalowski at www.forexlive.com.


Source:Forexlive
US stock market Thursday: Dow Jones sets new record, S&P 500, Nasdaq down. Check Nvidia, Alphabet, Apple shares
Aug 29, 2024 21:10pm

US stock market indexes -- S&P 500 and Nasdaq -- had a tepid day of trading even though Dow Jones scaled new heights.


Source:Economic Times India
NVIDIA’s Earnings Are In: Were They a Jackpot or a Bust?
Aug 29, 2024 20:30pm

Imagine you’re sitting at a poker table. The tension is palpable as you consider your next move. The outcome from the next hand will be the result of a blend of strategy, psychology and chance. This what many investors experience every earnings season, too. After careful planning and execution, earnings season is the time when companies finally put their cards on the table for all the world to see. Companies that top estimates and provide positive forward-looking guidance tend to rake in the chips, while companies that miss and/or offer a weak outlook see their stocks fold. This week, the stakes couldn’t have been higher for the company that has been running the table for quite a while now: NVIDIA Corporation ( NVDA ). Now, much of NVIDIA’s run lately of better-than-expected sales, earnings and guidance has been thanks to its older artificial intelligence chips, namely the Hopper H100 graphic processing unit (GPU). However, the company is now making the transition to its new AI chip, the Blackwell GB200 GPU.


Source:InvestorPlace
Google''s Chances Of Fines In Search, AdTech Lawsuits ''Relatively Low'': Analyst
Aug 29, 2024 17:20pm

Alphabet Inc. (NASDAQ: GOOGL )(NASDAQ: GOOG ), which owns dominant search engine Google , may not get penalized for two out of three antitrust suits it is currently facing, according to an analyst. “The likelihood of GOOGL walking away with a penalty or fine is relatively low,” Roth MKM analyst Rohit Kulkarni wrote in a note on Thursday. On Aug. 5, a federal judge ruled against Alphabet in an antitrust lawsuit tied to the company’s Search dominance. Judge Amit Mehta ruled Alphabet''s payments to make its search engine the default option on smartphone web browsers violates U.S. antitrust law by blocking the competition. Antitrust regulators alleged Alphabet kept a monopoly on online search and related advertising through $26 billion in payments to Apple Inc . (NASDAQ: AAPL ), Samsung Electronics and other smartphone makers over multiple decades for top positioning on browsers and mobile devices. In early February, Google was hit with a 2.1 billion euro ($2.3 billion) lawsuit by 32 media groups including Axel Springer and Schibsted , alleging that they suffered losses due to the company’s practices in digital advertising.


Source:Benzinga
Yelp Is Suing GoogleWhat You Need To Know
Aug 29, 2024 16:26pm

Business review site Yelp sued Alphabet''s Google in a San Francisco federal court, claiming the search giant uses its dominance to steer users to its own content.


Source:Investopedia
Alphabet Inc. (GOOGL): A Beginner Stock You Should Check Out
Aug 29, 2024 15:28pm

We recently compiled a list of the 10 Best Beginner Stocks To Buy Now. In this article, we are going to take a look at where Alphabet Inc. (NASDAQ:GOOGL) stands against the other beginner stocks. While investing in the stock market carries risk, the US stock market is generally considered a safe place to invest. It […]


Source:Insider Monkey