- American City Business Journals•8 minutes ago
Google Fiber is pressing the pause button on expanding its high-speed internet service to several markets previously under consideration. Google, owned by Alphabet Inc. (GOOG), announced in a blog post on Tuesday that as a result of "refined" efforts to focus on business and product strategy, Google Fiber is halting plans for most of its 11 potential cities, spanning Florida to California. "We’re ever grateful to these cities for their ongoing partnership and patience, and we’re confident we’ll have an opportunity to resume our partnership discussions once we’ve advanced our technologies and solutions," wrote Craig Barratt, senior vice president at Alphabet and CEO of Access, the business unit responsible for the Fiber program.
- American City Business Journals•28 minutes ago
The good news for Alabama is that Huntsville officials say the move won't affect Google's plans in Huntsville, according to AL.com. Huntsville will be the first Alabama city to have the service. Birmingham has not yet been selected for Google Fiber – although several other entities are ramping up fiber efforts locally.
- MarketWatch•39 minutes ago
Google is expected to report a strong quarterly increase in earnings and sales as ads on websites and YouTube continue to grow.
Alphabet Inc. (GOOG)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
|Bid||798.65 x 100|
|Ask||798.84 x 100|
|Day's Range||796.50 - 806.98|
|52wk Range||663.06 - 816.68|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||30.95|
|Avg Vol (3m)||1,335,993|
|Dividend & Yield||N/A (N/A)|