Mountain View, California-based Alphabet Inc. (GOOGL) operates as a holding company, providing various internet products such as Chrome, Google Cloud, Google Maps, etc., healthcare services and more.
J.P. Morgan analyst Doug Anmuth said he sees room for Alphabet, Google’s parent, to gain ground on a variety of fronts, helping to lift the stock about 3% in midday trading. “We believe Alphabet’s fundamentals are solid and the company will remain both a driver of and primary beneficiary of an increasingly digital economy and advances in Generative AI,
JMP Securities cited “the risk of antitrust penalties that could significantly impact Google’s U.S. distribution of search and search revenue.”
Alphabet's Google is facing a second complaint from a U.S. labor board claiming that it is the employer of contract workers and must bargain with their union, the agency said on Monday. The complaint issued by the National Labor Relations Board last week claims that Google is a "joint employer" of about 50 San Francisco-based content creation workers employed by IT firm Accenture Flex who voted to join the Alphabet Workers Union in 2023,
According to data from S&P Global Market Intelligence, the stock finished the month up 12%. As you can see from the chart below, the gains came largely following the quantum computing announcement on Dec. 9. Alphabet shares jumped 5.6% on Dec. 10 and then another 5.5% on Dec. 11 following the news about Willow.
In December 2024, Google announced plans to integrate Gemini AI into its extended reality (XR) platform, Android XR, via Samsung's Project Moohan XR headset. "Alphabet’s Google TV to integrate Gemini AI" was originally created and published by Verdict, a GlobalData owned brand.
Alphabet Inc., Google’s parent company, is still one of the most lucrative technology corporations in the world. Alphabet does business through a matrix of prod
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) had a solid 2024, with the stock up over 40% as of the time of writing. Furthermore, the stock is attractively priced, making Alphabet a great stock to consider heading into the new year.
Browsing histories allegedly intercepted without consent, but Google calls claims patently false and cites privacy controls
Google stock posted a big gain in 2024 but AI-driven competition in the internet search business and DoJ antitrust cases still loom.
You won't find many companies that rake in greater sales than Amazon (NASDAQ: AMZN). The e-commerce and cloud services giant generated revenue of roughly $620 billion over the last 12 months. The consensus revenue estimate for Amazon in 2025 among analysts surveyed by LSEG is around $707 billion.
That's a bargain for all the opportunities that the company has ahead. As a leader in digital advertising, search, video streaming, cloud computing, autonomous driving, and quantum computing, Alphabet is the one stock I'd want to buy and continue to hold over the next five to 10 years.