Investors are concerned because GOOG faces 90 days deadline to change their business practices in EU to avoid further penalties.
Was thinking we would see a rebound today. Hope it's not a slow death.
JESUS IS MY LORD
Cramer says to buy Google. I did buy more anyway before he came out with his statement. For folks who cannot afford to buy google you should buy a tech mutual fund with google as a major holding. I would predict that google will easily cross $1,000 soon with around $1,350 by Christmas 2017.
Recovery pop tomorrow.
Alphabet deserves a much higher multiple. It has the exact same revenue growth as Amazon. It has just as many growth possibilities as well with Cloud, YouTube (Red, TV, and Ad load), mobile devices (pixel), the google play store, G Suite, Chromebooks, Maps, Search, Waymo, Nest, Verily, and more. Alphabet has the same growth as Amazon and it does it with spending much less and being much more profitable. They also have over 4 times the cash as Amazon does. I like Amazon but when compared to Alphabet, alphabet looks ridiculously cheap
Down 30 points yesterday. Down 4 points today. Looking good for tomorrow and Friday and Monday and Tuesday and Wednesday .
Selling my $966 shares at 974 and 982 in a few hours.
I think Google is a great company and stock. But I must sell my daytrading shares today at 977 and 982 (GOOGL). I would hold, but I can't. I must hold onto my $NVDA and $FB instead.
Stop posting about GOOG here. This is the GOOGL board. We don't want that GOOG stuff in here. Gross.
Googl is going to be back to $990+ by end of day tomorrow. China markets will have more time to digest results and will result in more buying overnight. The short f's sold off AH causing the dip... will bounce back 2-3% easy by tomorrow...
Alphabet price target raised at both Raymond James and JP Morgan this morning. Got the feeling that funds will be buying at the open this morning.
going up tomorrow (actually in a few hours).....15+ dollars/share. i said it first by the way...
1) My previous posts predicted GOOG will beat the earnings and still go down. This is what happened. Reason: GOOG went up 27% in 7 months. So earnings were priced in (mostly) 2) Fine played somewhat of a reason as well. 3) GOOG growth is slowing down. Not so much. Revenues were more than 20% up and earnings 27%. Not so much different from traditional 20% revenue and 25-30% earnings. Wall street would want them tighten the expenses as the revenue growth will slow down at some point.
I'm confused, I'm watching it go down and people saying they didn't beat expectations while The Street is saying it went up and beat expectations. What? Lol
The result shows Google is still a one trick advertising company after all their moonshots have flopped.
will move up after conference call
Google pumpers wiped out the call options!
I guess investors forgot the EU fine. They crushed consensus & still went down. Remember when stocks went up on an earnings beat ?
PARIS, FRANCE - JUNE 16: A woman visits the Google workshop during the Viva Technology show on June 16, 2017 in Paris, France. Viva Technology, the new international event brings together 5,000 startups with top investors, companies to grow businesses and all players in the digital transformation who shape the future of the internet. Alphabet's revenue grew 21 percent to $26.01 billion, which was good enough to top Wall Street expectations. (Chesnot/Getty Images)
Alphabet Inc. (ticker: GOOG, GOOGL) reported earnings on Monday afternoon, and the market reaction was swift. Shares lost nearly 3 percent in after-hours trading, even after the Mountain View, California-based tech giant beat on both revenue and earnings.
GAAP earnings per share (Alphabet decided to break with tradition and report unadjusted EPS numbers for increased transparency) came in at $5.01, down 28 percent from the $7 per share it earned in the same period a year ago.
FactSet expected Alphabet to report EPS of $4.41 for the second quarter, so despite the steep decline, the results were actually far better than expected.
IMO this is the lowest you'll see GOOGL shares for the rest of this year.
I think GOOG purposely is coming out with earnings early in week as the numbers are great!