GOOG Jan 2020 1210.000 put

OPR - OPR Delayed Price. Currency in USD
12.00
+2.10 (+21.21%)
As of 11:11AM EST. Market open.
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Previous Close9.90
Open11.60
Bid11.60
Ask11.90
Strike1,210.00
Expire Date2020-01-17
Day's Range11.55 - 12.00
Contract RangeN/A
Volume100
Open InterestN/A
  • Google 'needs to walk gingerly' with health care venture
    Yahoo Finance

    Google 'needs to walk gingerly' with health care venture

    Google is betting big on health care - so big, that the tech giant has confirmed it's collecting health data on millions of Americans through a partnership with Ascension.

  • Bloomberg

    Google Deepens Push for Financial Data with Citigroup Tie-Up

    (Bloomberg) -- Google is taking its deepest dive yet into the financial lives of its users with plans to roll out a checking-account service.Citigroup Inc. and a California credit union are the tech giant’s initial partners for the venture, which will let users access their bank accounts through the Google Pay app beginning next year, according to people familiar with the matter. Other banks could join up later, the people said, asking not to be identified because the plans haven’t been announced.“We’re exploring how we can partner with banks and credit unions in the U.S. to offer smart checking accounts through Google Pay, helping their customers benefit from useful insights and budgeting tools,” Google said in an emailed statement, adding that the accounts will carry federally guaranteed insurance.The move is the latest sign of Silicon Valley’s determination to muscle in on financial firms’ territory, looking to expand their hold on customers and accumulate data on their finances. At the same time, it shows banks are more willing to pair up with technology companies in their quest to avoid getting shut out of the relationship entirely. In the Google arrangement, the financial institutions will handle most of the compliance requirements.Google has spent years building out its payments capabilities, offering consumers the ability to send money to friends and check out both online and in stores through Google Pay. With the checking accounts, consumers will be able to receive their paychecks and transact solely inside the Google ecosystem.“We’re going to see more of this, but it’s not the death of banking,” Bryce VanDiver, a partner with Capco who advises banks and payment companies, said in a telephone interview. “Compliance is still being manged by Citi. If you look at banks’ core competencies, compliance being one of those, they’re really good at that.”The Wall Street Journal reported Google’s plan earlier Wednesday.For Google, the trove of data associated with checking accounts and financial products is another step in its push to collect information on all aspects of consumers’ lives. The firm has a wealth of information on consumers’ search behavior from its flagship site as well as partnerships with the largest U.S. health-care systems to analyze consumers’ health data. The move comes at a time when Google and other large tech companies are under increased scrutiny in D.C. with antitrust probes around competition law.“This is probably more about Google Pay and how they plan to position that going forward to access all financial products, not just credit cards,” VanDiver said.One of the people said Google partnered with Citigroup in part because the lender has spent the last year building out its digital banking arm, an effort that’s helped the bank gather more than $4 billion in deposits this year.“This agreement has the potential to expand the reach and breadth of our customer base while complementing our continued investments in digital,” Citigroup said in a statement. The partnership is a bit of a shift for Citigroup, which has been relying on marketing its digital bank accounts to existing customers in the firm’s sprawling cards business. The New York-based company said earlier this month it would offer special perks for checking accounts to customers of its co-brand credit card with American Airlines Group Inc.“This year we’ve increased the deposits we’ve raised digitally more than fourfold,” Anand Selva, who leads Citigroup’s consumer bank in the U.S., said at an investor conference this month. “As we continue to test and learn and enhance our digital capabilities and experiences, the digital deposit momentum has accelerated through the year.”For the finance industry, the worry is that tech giants could one day replicate the success of Alipay and WeChat Pay in China, where money flows through digital systems without the need for banks.To fight off the threat, banks are striking deals to keep a firm hold on their customers. Apple Inc. paired with Goldman Sachs Group Inc. this year to offer a credit card that extended $10 billion in credit lines as of Sept. 30. Uber Technologies Inc. announced last month that it would offer a bank account to drivers on its platform through a partnership with Green Dot Corp.(Updates with comments from Google, Citi starting in the third paragraph.)\--With assistance from Julie Verhage.To contact the reporter on this story: Jenny Surane in New York at jsurane4@bloomberg.netTo contact the editors responsible for this story: Michael J. Moore at mmoore55@bloomberg.net, Steve Dickson, James HertlingFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • GuruFocus.com

    Paul Tudor Jones Says Market Is Being Propelled by an 'Explosive Combination' of Forces

    Guru believes easy monetary policy, lower taxes will push market into record territory Continue reading...

  • Stock buybacks of $570 billion next year may support the S&P 500 even if there’s a recession, report says
    MarketWatch

    Stock buybacks of $570 billion next year may support the S&P 500 even if there’s a recession, report says

    According to French bank Societe Generale, stock buybacks for S&P 500 companies may reach $570 billion in 2019.

  • Barrons.com

    Google Is Getting Into Banking. That’s Not as Crazy as It Sounds.

    The accounts will be offered through Citigroup and a Stanford University credit union, beginning in 2020.

  • 6 Technology Trends Revolutionizing The Transportation Sector
    Oilprice.com

    6 Technology Trends Revolutionizing The Transportation Sector

    Greener and leaner transportation is a top priority for most industrialized countries currently, and smart solutions such as scooters, electric vehicles and bullet trains are quickly gaining popularity

  • Benzinga

    Google Wants To Be Your Bank Account

    Google wants to expand its reach to consumers by offering a checking account through a partnership with banking giant Citigroup Inc (NYSE: C ), The Wall Street Journal reported. What Happened The Alphabet ...

  • Google to offer checking accounts next year: source
    Reuters

    Google to offer checking accounts next year: source

    The details of the project, named Cache, were first reported by the Wall Street Journal and follow moves by tech heavyweights Apple Inc and Facebook Inc into the financial industry this year. Facebook's plan to launch its Libra cryptocurrency has met with skepticism from regulators, worried about the risk of money laundering and the security of transactions and user data.

  • Vrbo Shuffles Leadership as Latest Expedia Group Reorganization Moves Take Shape
    Skift

    Vrbo Shuffles Leadership as Latest Expedia Group Reorganization Moves Take Shape

    John Kim, who took over the reins of Expedia Group's now-struggling vacation rental unit Vrbo in 2016, has been replaced in that leadership role by Jeff Hurst. In another move in Expedia Group's ongoing reorganization, which has been under way for months, Cyril Ranque, previously president of Lodging Partner Services, became president of the company's […]

  • Google to offer checking accounts next year - source
    Reuters

    Google to offer checking accounts next year - source

    The details of the project, named Cache, were first reported by the Wall Street Journal and follow moves by tech heavyweights Apple Inc and Facebook Inc into the financial industry this year. Facebook's plan to launch its Libra cryptocurrency has met with skepticism from regulators, worried about the risk of money laundering and the security of transactions and user data.

  • Benzinga

    REX Shares Rolls Out A New ETN For FAANG Fans

    REXShares, the issuer of exchange traded products behind a nifty lineup of leveraged exchange traded notes is adding to that roster today with a new FANG-focused ETN. What Happened The MicroSectors FANG+ ...

  • 6 'Old Tech' Stocks That Are Crushing the FANGs
    Investopedia

    6 'Old Tech' Stocks That Are Crushing the FANGs

    The once highly-flying FANG stocks are being outperformed by a group of much older, more mature tech stocks.

  • Should Investors Sell Google Stock on Project Nightingale News?
    TheStreet.com

    Should Investors Sell Google Stock on Project Nightingale News?

    Alphabet stock continues to shrug off worries about the health-care-data partnership Project Nightingale. Will it continue to hold up?

  • TheStreet.com

    I Don't Want Google in My Portfolio

    Result: readers will recall that Alphabet missed EPS expectations quite badly on consistently robust revenue growth. The squeeze on margin came from higher effective tax rates, a significant loss in equity investment (probably at least partially attributable to Uber ), a legal settlement in France, and a fast growing payroll. The example used was a bull call spread (+ Jan $1300 call, -Jan $1350 call) that in minimal lots would have required a net debit of $17.00 or $1,700.

  • Bloomberg

    Al Gore’s Fund Leads $400 Million Deal With Trucking Startup

    (Bloomberg) -- In the four years since it was founded, Convoy Inc. has assembled a lineup of big-name investors that includes Bill Gates, Jeff Bezos and Marc Benioff. It’s adding one more to the list: Al Gore.The former U.S. vice president’s sustainability-focused investing fund, Generation Investment Management LLP, led a $400 million funding round for Convoy, which makes software to connect freight shippers with truck drivers. T. Rowe Price Group Inc. co-led the investment with Gore’s firm, Convoy said Wednesday. The deal values the startup at $2.75 billion.Convoy is often described as “Uber for trucking”—a moniker that took hold before Uber Technologies Inc. set up a competing business. Uber has committed to hire 2,000 people to expand freight operations in Chicago. Another rival business in the United Arab Emirates, Trukker, said Tuesday it received a $23 million investment led by a Saudi Arabian venture capital fund.A big part of Convoy’s pitch is that it can improve the trucking business by making it more efficient, both financially and environmentally. Transportation is the largest source of U.S. emissions today, and heavy-duty trucks represent about 13% of those emissions. Convoy’s service is designed to eliminate unnecessary driving by ensuring trucks can get loads on each trip. The business isn’t yet profitable, but Dan Lewis, the chief executive officer, has said it will be eventually.Customers include Procter & Gamble Co. and Anheuser-Busch InBev NV. Among the investors in the new funding round are Alphabet Inc.’s CapitalG, Baillie Gifford, Durable Capital Partners, Fidelity Investments and Lone Pine Capital. The new funds are expected to help the company accelerate its expansion and fend off competition from upstarts, as well as the likes of J.B. Hunt Transport Services Inc.\--With assistance from Dina Bass and Thomas Black.To contact the reporter on this story: Emily Chasan in New York at echasan1@bloomberg.netTo contact the editors responsible for this story: Mark Milian at mmilian@bloomberg.net, Anne VanderMeyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • TheStreet.com

    [video]Stocks Higher as Fed's Powell Says No Further Rate Cuts Needed

    Stocks turn higher Wednesday as Fed Chairman Jerome Powell says the central bank sees little need to cut interest rates further.

  • Alphabet Has Its Hands Full of Investigations but Traders Don't Care
    TheStreet.com

    Alphabet Has Its Hands Full of Investigations but Traders Don't Care

    Alphabet is the 'Stock of the Day' at Real Money Wednesday. The company confirmed that there was a federal inquiry into its deal with Ascension and a project called Nightingale where Google was supposedly accessing and analyzing Ascension patient data without patient or doctor knowledge. St. Louis- based Ascension is the largest Catholic health system in the world and the largest non-profit health system in the United States.

  • TheStreet.com

    Google and Citi Plan Venture to Offer Checking Accounts: Report

    Under a project dubbed Cache, the Bay Area tech and New York financial-services majors will begin offering checking accounts to consumers next year, the Wall Street Journal reports.

  • TheStreet.com

    [video]Jim Cramer on Google's Project Nightingale, Impeachment, and Cisco Earnings

    Jim Cramer weighs in on Google's Project Nightingale, the impeachment hearings, and Cisco's earnings.

  • TheStreet.com

    Google, Cisco, Jerome Powell, Nike and Amazon - 5 Things You Must Know Wednesday

    U.S. stock futures fall following a speech from Donald Trump that created confusion over the state of U.S.-China trade talks; Federal Reserve Chairman Jerome Powell testifies before Congress; Cisco reports earnings; Google's massive health project draws federal scrutiny.

  • TheStreet.com

    Google Faces Federal Probe into 'Project Nightingale' Deal with Ascension-Report

    Google shares slipped lower in pre-market trading Wednesday after the Wall Street Journal reported that federal regulators have started a probe into Google's 'Project Nightingale' cloud computing deal with Ascension Health.

  • Financial Times

    Digital healthcare: robot, heal thyself

    Top health websites are sharing sensitive medical data with advertisers, an FT investigation found. Separately, a row has erupted over the transfer of millions of Americans' health data to Google without their knowledge. Privacy concerns are among the biggest drivers of techlash.