|Bid||1,076.95 x 1000|
|Ask||1,077.42 x 800|
|Day's Range||1,073.65 - 1,087.99|
|52 Week Range||894.79 - 1,186.89|
|PE Ratio (TTM)||59.77|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
It's the most popular long stock position among the hedge funds.
President Trump is reportedly growing increasingly worried about the upcoming summit with Kim Jong-Un. Yahoo Finance’s Alexis Christoforous, Melody Hahm and Ethan Wolff-Mann discuss what it means.
The US and China are pausing the latest tariffs after agreeing to a framework for trade talks. Yahoo Finance’s Alexis Christoforous, Melody Hahm and Ethan Wolff-Mann have more.
Mnuchin acknowledged that antitrust matters don't fall under his jurisdiction, but said someone ought to be looking. Jeremy Stoppelman, co-founder of Yelp, said the online review site "would have no shot" if it were being built today. Treasury Secretary Steve Mnuchin on Monday joined the growing chorus of government officials concerned about tech monopolies.
Mnuchin acknowledged that antitrust matters don't fall under his jurisdiction, but said someone ought to be looking.
Last week, the U.S. Supreme Court ruled against the Professional and Amateur Sports Protection Act, which means that individual states could soon pass statutes that would legalize sports gambling. Evercore ISI's Anthony DiClemente takes a look at what that might mean, writing that Facebook (FB) and Alphabet (GOOGL) are the "natural digital winners" from the news. DiClemente estimates that sports betting could drive $7 billion in incremental U.S. advertising spending next year, capitalizing on the $150 billion-plus market for illegal betting activity. " There is precedent for this: in 2015 FanDuel and DraftKings had an all-out advertising war to drive customers to their respective daily fantasy sports platforms." That means that his $7 billion spending estimate could more than double to $15 billion, if companies adopt more aggressive marketing strategies.
and its Google search business were playing scapegoat this weekend. The tech giant was the focus of a 60 Minutes segment on Sunday, May 20, titled "How Did Google Get So Big." The segment focused on "critics who say the company has stifled competition, and an antitrust enforcer who is taking action." Google shares finished down 1% on Friday on news of the segment. "Google makes the internet work.
Genesis Mining, which is the largest blockchain mining company based out of Iceland, put up billboards outside Warren Buffett’s office last week. The billboards said, “Warren: you said you were wrong about Google and Amazon. The billboards were put up soon after Buffett discussed bitcoin during his annual Berkshire Hathaway (BRK.A) meeting.
Watch your back, Apple. Apple and Alphabet are holdings in Jim Cramer's Action Alerts PLUS. This is actually Google's fourth attempt at gaining music-streaming market share via YouTube (the planet's largest video site).
Treasury Secretary Steven Mnuchin urged the Justice Department to review the power that large technology firms such as Google have over the U.S. economy. A “60 Minutes” segment on Sunday devoted to assertions that Alphabet Inc.’s Google wields a destructive monopoly in online search hammered home the notion of the company’s dominance during a time of heightened public concern with technology giants. “These issues deserve to be reviewed carefully,” Mnuchin said in a CNBC interview early Monday in response to a question about the CBS News report.