|Day's Range||950.79 - 973.31|
|52 Week Range||673.00 - 988.25|
|PE Ratio (TTM)||32.18|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
If large cap tech experiences continued challenges in regards to its upward momentum, look for a reset in US equity prices that may well shave as much as 5% off index levels.
Ten years ago this week, the iPhone went on sale. With the iPhone (and Google’s imitator, Android), we became, for the first time, a society of people who were online continuously—wherever we went. Steve Jobs had unveiled the iPhone onstage in January 2007, but the phone he displayed wasn’t anywhere near finished.
Nearly two years ago, Google co-founder Larry Page announced the tech giant would be remade as Alphabet, a holding company whose units would include Google and an array of unrelated pursuits in areas such as healthcare, self-driving cars and urban planning. Previously those riskier ventures had been lumped into Google's overall financial results. Investors would now see Google’s performance independent of its so-called “Other Bets,” an eclectic collection of 11 ventures.