GOOG Jan 2020 1315.000 put

OPR - OPR Delayed Price. Currency in USD
39.35
-5.75 (-12.75%)
As of 1:27PM EST. Market open.
Stock chart is not supported by your current browser
Previous Close45.10
Open43.64
Bid37.40
Ask39.20
Strike1,315.00
Expire Date2020-01-17
Day's Range39.35 - 43.64
Contract RangeN/A
Volume2
Open Interest35
  • Investors are ignoring Trump impeachment proceedings
    Yahoo Finance

    Investors are ignoring Trump impeachment proceedings

    What Trump impeachment proceedings? That's the message from the stock market.

  • Expedia’s Vrbo to Reposition Itself Beyond Vacation Rentals as a Family Travel Business
    Skift

    Expedia’s Vrbo to Reposition Itself Beyond Vacation Rentals as a Family Travel Business

    Expedia Group's vacation rental business Vrbo plans to reposition itself as a family travel site that would offer vacation rentals, resorts, and other features facilitating family vacations. The unit's new general manager Jeff Hurst told Skift Thursday that the move has been in the works behind the scenes for some time. Hurst, who was interviewed […]

  • How Google trampled the hopes of this high-profile San Francisco tech unicorn
    American City Business Journals

    How Google trampled the hopes of this high-profile San Francisco tech unicorn

    Google’s Kubernetes software container platform ultimately forced this Bay Area startup to throw in the towel and sell off the vast majority of its business.

  • Google Stadia highlights what’s wrong with broadband caps
    Quartz

    Google Stadia highlights what’s wrong with broadband caps

    The game-streaming service will use up a lot more data than some plans can handle.

  • State AGs prepare to widen probe of Google to include search, Android businesses: report
    MarketWatch

    State AGs prepare to widen probe of Google to include search, Android businesses: report

    The AGs are preparing subpoenas, called civil investigation demands, to support the inquiries, according to a report on CNBC. To date, the investigation has focused on Google’s advertising business.

  • Nvidia Quarterly Sales Top Analysts' Estimates; Forecast Misses
    Bloomberg

    Nvidia Quarterly Sales Top Analysts' Estimates; Forecast Misses

    (Bloomberg) -- Nvidia Corp. reported quarterly sales that topped analysts’ estimates, but the chipmaker gave a tepid forecast that suggests demand for gaming graphics chips is recovering slower than predicted.Revenue in the fiscal third quarter was $3.01 billion and profit excluding certain costs was $1.78 a share, the company said. Wall Street was looking for earnings of $1.57 a share on sales of $2.9 billion, according to data compiled by Bloomberg.Revenue in the fiscal fourth quarter will be $2.95 billion, plus or minus 2%, the Santa Clara, California-based company said in a statement Thursday. That compares with an average analyst estimate of $3.1 billion. Gross margin, or the percentage of sales remaining after deducting the cost of production, will be 64%, plus or minus 50 basis points.Nivdia said it expects "strong sequential growth" in its data center chip business, offset by a seasonal decline in sales of GeForce notebook graphics chips and other components for gaming systems.Nvidia shares rose 1% extended trading following the report. Earlier, they closed at $209.79 in New York.Chief Executive Officer Jensen Huang has almost doubled the market value of Nvidia since 2017 by finding new customers for gaming chips. But the majority of sales still comes from that market. The use of graphics chips to speed up artificial intelligence software in data centers has been the biggest driver of new growth.Before Thursday’s results, Nvidia had posted three straight quarters of declining revenue as customers accumulated unused chips and didn’t need to buy as many new ones.Nvidia’s GeForce chips are particularly popular with serious video-game players who will spend more than the price of a laptop on just one component for their machines. That has helped Nvidia dominate this profitable market. This year, Advanced Micro Devices Inc. introduced new chips -- particularly for more affordable systems -- that are more competitive.In data centers, while Huang’s company pioneered the use of accelerators to help with AI work, other companies have designed rival components, including the owners of data centers themselves, such as Google.To contact the reporter on this story: Ian King in San Francisco at ianking@bloomberg.netTo contact the editors responsible for this story: Jillian Ward at jward56@bloomberg.net, Alistair Barr, Molly SchuetzFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • UPDATE 2-Google antitrust probe to expand into Android - CNBC
    Reuters

    UPDATE 2-Google antitrust probe to expand into Android - CNBC

    The several dozen attorneys general investigating advertising practices at Alphabet Inc's Google are planning to expand their antitrust probe into the unit's flagship Android business, CNBC reported on Thursday, citing people familiar with the matter. The investigation, led by the Texas attorney general's office, is known to have focused on Google's search and digital advertising businesses since it began in September. Google has said it is cooperating with the probe by U.S. states and territories and that previous investigations in several have considered similar issues without charging the company with wrongdoing.

  • Google antitrust probe to expand into Android - CNBC
    Reuters

    Google antitrust probe to expand into Android - CNBC

    The investigation, led by the Texas attorney general's office, is known to have focused on Google's search and digital advertising businesses since it began in September. Google has said it is cooperating with the probe by U.S. states and territories and that previous investigations in several have considered similar issues without charging the company with wrongdoing. The Alphabet unit also faces two other major inquiries — a U.S. Justice Department investigation and a probe by the House of Representatives Judiciary Committee — both of which have broad reviews of the big internet companies underway.

  • San Jose wants to end our car culture and slash downtown parking. Is that too much to ask?
    American City Business Journals

    San Jose wants to end our car culture and slash downtown parking. Is that too much to ask?

    Understanding parking — how it’s paid for and how it shapes how we get around and use the limited supply of land in San Jose, especially downtown — is critical in figuring out how government and business are trying to shape the city’s future.

  • Big Tech wants into your wallet so they can get more data, like their Chinese rivals
    MarketWatch

    Big Tech wants into your wallet so they can get more data, like their Chinese rivals

    Technology giants are showing a heightened interest in the financial-services industry as they see Chinese tech companies succeeding in payments, an area that could be lucrative for data collection.

  • TheStreet.com

    [video]State AGs Expand Alphabet Probe to Include Android, Search: Report

    An antitrust investigation of Alphabet is expanding to include more of its business practices, according to a published report Thursday. 50 state attorneys general, who represent the 48 U.S. states, Puerto Rico and Washington D.C., are preparing subpoenas that will focus on Google search and its Android platform, in addition to its advertising business, according to CNBC. The investigation was formally announced in September by Texas Attorney General Ken Paxton, who emphasized Google's handling of user data and its dominant advertising business at the time.

  • Benzinga

    Apple Exec: Key To Success Is Not Using 'Cheap' Chromebooks

    Attention students: using a budget priced Google Chromebook instead of an Apple Inc. (NASDAQ: AAPL) laptop will limit your chances of success, in the eys of Phil Schiller, Cupertino's senior vice president of marketing,. Apple oversaw a study many years ago and concluded that successful students are those who are engaged — a "really simple" concept to understand, Schiller said in a CNET interview. After all, kids who want to learn have better success, and in order to learn in the modern era, they need "cutting-edge learning tools," he said.

  • Benzinga

    What Wall Street Thinks Of Google Cache

    Alphabet, Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) subsidiary Google announced a new partnership with Citigroup Inc (NYSE: C) to launch a new checking account service starting in 2020. Project Cache received mixed early reviews from regulators and the media, but Bank of America analyst Justin Post said a push into banking is the right play for Google and its investors. Google is already facing criticism related to its data collection practices, and adding banking data to the mix could potentially brighten the regulatory spotlight on the tech giant.

  • Google Restricts Data-Sharing for Ads Under Privacy Pressure
    Bloomberg

    Google Restricts Data-Sharing for Ads Under Privacy Pressure

    (Bloomberg) -- Google said it would make changes to its advertising technology to better protect people’s privacy following scrutiny by European Union watchdogs.Starting in February, Google will no longer divulge information to participants in its ad auction about the type of content on a website or page where an ad could appear, the Alphabet Inc. company said in a blog post Thursday.This type of targeting is a major reason why Google was able to absorb the bulk of online ads bought and sold with machines, so-called programmatic advertising. Google doesn’t share its sales from web display ads, but frequently cites programmatic as a key driver of revenue growth.“This change will help avoid the risk that any participant in our auctions is able to associate individual ad identifiers with Google’s contextual content categories,” Chetna Bindra, senior product manager, user trust and privacy at Google, said in the post.Google includes contextual content categories in the bid requests it sends to buyers participating in an auction, indicating whether the website is about news or weather, for instance.That information has helped advertisers avoid displaying ads alongside content they don’t deem suitable for their brands. Google in recent years almost lost major clients after some of their ads ran before extremist videos on its YouTube site.But Google has faced criticism for how it processes data for personalized online advertising.Ireland’s data protection regulator in May opened a probe into how the search giant processes user data in advertising transactions. The watchdog is trying to determine whether Google’s practices are in line with EU strict privacy laws, which mandate transparency and the minimization of data collection.Some feel this is only a small step by Google to increase privacy.“Google will still broadcast ‘bid requests’ that detail what you are watching, reading, or listening to to countless companies,” said Johnny Ryan, chief policy officer at Brave Software Inc., which makes an ad-blocking browser. “These big requests will include information about where you are, and enough data to link things about over time.”Brave has previously filed a legal complaint with European data protection authorities over Google’s ad auction technology.Google said in the blog post Thursday that it already has measures in place to protect user privacy, for instance, by requiring publishers to get consent from individuals for targeted adverts. It said it decided to take the extra step announced Thursday following engagement with data protection authorities.\--With assistance from Mark Bergen.To contact the reporters on this story: Natalia Drozdiak in Brussels at ndrozdiak1@bloomberg.net;Stephanie Bodoni in Trier at sbodoni@bloomberg.netTo contact the editors responsible for this story: Giles Turner at gturner35@bloomberg.net, Nate LanxonFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Expedia Tells Hotels Adding Resort Fees Will Lower Your Listings on Its Pages
    Skift

    Expedia Tells Hotels Adding Resort Fees Will Lower Your Listings on Its Pages

    As promised a few months ago, Expedia Group began this week to send hotel listings lower in the sort order on its Expedia.com and Hotels.com pages when properties add resort fees to base room rates. Speaking at a lodging breakout session on stage at the Expedia Explore '19 conference in Las Vegas Wednesday, Cyril Ranque, […]

  • Benzinga

    Freight Forwarder Airspace Technologies Relies On Round-The-Clock Machine Learning

    Most of the time when executives in transportation and logistics cite "machine learning," it's little more than a buzzword that evokes vague notions of technology continually improving itself. In a presentation at FreightWaves LIVE Chicago, Rusnak explained exactly how machine learning works, the problems in time-critical logistics it is best suited to solve, how Airspace has implemented it, and the results the forwarder has achieved. Rusnak said machine learning is "programming backwards," that instead of a large code base of complicated if-then logic, machine learning algorithms are dumb and generalized.

  • Goldman Sachs Says These Are the 3 Stocks to Buy; 5-Star Analysts Agree
    TipRanks

    Goldman Sachs Says These Are the 3 Stocks to Buy; 5-Star Analysts Agree

    Are you looking for a tip on the next hot investment? Goldman Sachs has an interesting idea… Move toward US companies with high exposure to international sales. Goldman points out that such companies are on an upswing in 2H19, and that a basket of such stocks has been outperforming both the firm’s other portfolios and the broader S&P 500. For comparison, the firm notes that its ‘international sales exposure’ basket is up 29% this year, compared to the S&P gain of 23%.Stephanie Cohen, Goldman Sachs’ chief strategy officer, in an interview last week talked down fears that the US-China trade tensions are unwinding long-established economic cooperation between the two countries. She said, after a visit to Chinese tech companies in Shenzen, “It’s not that we’re decoupling. If you sit on the ground and you’re talking to companies, people are continuing to talk about ways that they can do business together.”Goldman Sachs has a decades-long record pursuing investment and business openings in China. The firm has partnerships with Chinese banks, and has taken the time to learn the facts on the ground. And now they see opportunity in the US companies that are most exposed to the international scene, where China is working hard to throw its weight around.Looking into Goldman’s basket of stocks with international exposure, we’ve chosen three that TipRanks’ database reveals have shown recent strong gains, a healthy upside potential, and recent Buy ratings from 5-star analysts.KLA Corporation (KLAC)This company services the semiconductor chip industry, providing essential process control and management systems for manufacturers of silicon wafers and integrated circuits, along with quality control and precision metrology. As the industry shifts to new, higher performance chips, and to 5G networks, the need to maintain quality tolerances becomes more important, and KLA, with operations across the US, Europe, and the Asia/Pacific regions is well-positioned to benefit. KLA shares have brought in a disproportionate 97% year-to-date return to the Goldman’s international exposure basket.Looking at the numbers, KLA’s revenue growth over the last few years confirms the company’s importance to the industry. It brought in $2.98 billion in 2016, and has seen that number grow to $4.6 billion in fiscal 2019. In its fiscal Q1 2020 report, the company showed that revenue is still growing, with quarterly sales gaining 12% year-over-year to $1.41 billion.KLA has been active in the past several years making relevant acquisitions. The most recent, metrology tool-maker Capres A/S, was purchased in March of this year for an undisclosed amount. Last year, in a deal worth $3.4 billion, KLA acquired Orbotech, a major producer of circuit boards and flat-panel displays. The deal was completed in February of this year, after clearing regulatory hurdles in China.Writing from JPMorgan, top analyst Harlan Sur sees KLAC shares in a boom period. He writes, “We believe semiconductor capital spending is in the midst of a technology-driven cycle for 7nm/5nm Foundry/Logic, sub-20nm DRAM, and high layer count 3D NAND. As device manufacturing complexities increase, the need to analyze defects and metrology issues at critical points in the IC manufacturing processes increases significantly… [KLA] has diversified end-market exposure through the acquisition of Orbotech." Sur gives KLAC a $200 price target, implying an upside of 13%. (To watch Sur's track record, click here)KLA stock has a resounding “yes” on Wall Street. TipRanks analytics show that out of 12 analysts, 10 are bullish, while 2 remain sidelined. The average price target of $191 shows a potential upside of about 8%. (See KLA stock analysis on TipRanks)Microchip Technology (MCHP)With a market cap of $22.3 billion, Microchip is the sixth largest semiconductor manufacturer in the US. The company produces chips for the microcontroller and microprocessor industry, power management applications, memory solutions, and wireless connection devices. In the 2019 fiscal year, ending this past March, Microchip brought in $5.35 billion in total revenues. Last year, the company acquired competitor Microsemi in a deal with $10 billion.The US-China trade war has hurt Microchip, depressing sales through much of this year. Until this past September, the stock showed high volatility. Even with that, the MCHP is up 30% year-to-date, a solid performance based on the quality and necessity of its products. The company’s first and second quarter fiscal 2020 reports have also helped to allay investor fears. Microchip earnings beat or met expectations in both quarters, while revenues were up year-over-year.Even with the two good quarters, Microchip’s sales are down year-over-year, and the company has revised its full-year guidance downward. In a way, this may be a case of lowering expectations to set up a positive financial report – BMO's top analyst Ambrish Srivastava points out.“Unlike the better guidance/commentary we got for December from companies last week, Microchip's guidance is for lower revenues than expectations, and calling for yet another double-digit y-y decline in sales,” Srivastava noted. In his bottom line, however, Srivastava says, “We like Microchip's operating model. We like the valuation, we like the two rounds of estimate cuts we have already seen. We see the company as among the higher rungs of diversified businesses we would like to recommend in our coverage.” His $110 price target implies a 16% upside for the stock. (To watch Srivastava's track record, click here)Hans Mosesmann, 5-star analyst from Rosenblatt Securities, also sees management’s performance as key to MCHP’s share price prospects. He writes, “MCHP's environment remains uncertain, as the trade war and broad-based macroeconomic weakness hinder visibility. Management continues to execute well, however, and has managed the down-cycle with low channel inventory going forward... We continue to believe mid-to-longer term investors will have increasing confidence in management's ability to execute, as the company looks to exit this down-cycle gaining market share in secular MCU/analog markets and increase operating margins.” Mosesmann puts a $115 price target on the stock, for a 22% upside potential. (To watch Mosesmann's track record, click here)Wall Street’s analysts are sanguine about this stock’s ability to gain going forward. Microchip’s Strong Buy consensus rating is based on 12 Buys and 2 Holds. It doesn’t hurt that its $109.31 average price target puts the potential twelve-month rise at 16%. (See Microchip stock analysis on TipRanks) Alphabet (GOOGL)And now we move away from the semiconductor sector and into the internet. We all know Alphabet; the parent company of Google, with a market cap of $893 billion, is the world’s fourth-largest publicly traded company. With over $136 billion in annual revenue, and $30 billion in net income, there is no doubt that Alphabet will hold its position near the top.GOOGL shares are up 24% year-to-date, just slightly outperforming the S&P 500, after an earnings miss in the Q3 report. While revenues were up, at $40.5 billion, the EPS of $10.12 missed the forecast by 18.5%. The earnings slip came as the company increased capital expenditures from $5.28 billion one year ago to $6.73 billion in the current report. The company is increasing spending on its cloud sales force, and has just made a $2.1 billion offer to acquire smartwatch company Fitbit. The acquisition, if approved, will put Google in a direct position to compete against Apple in the smartwatch and wearable niche.Fitbit will make an interesting addition to Alphabet’s ‘other revenue’ category, which includes both cloud systems and hardware. This category saw quarterly revenue of $6.43 billion, beating the forecast of $6.32 and coming in 38.5% above the year-ago quarter.So GOOGL has a firm foundation in its core search engine business, strong ad revenue, and rising revenues in its other endeavors. It’s a solid picture, and explains why the stock makes up 2.26% of Goldman’s ‘international exposure’ basket. Google’s global reach and profitability are undisputed.5-star JMP analyst Ronald Josey is enthusiastic about the Fitbit acquisition, putting a $145 price target on GOOGL and writing, “We believe Fitbit is a natural fit with Google’s current hardware brands that include its Pixel phones, Nest connected home products, and Google home smart speakers under its Made By Google brand, along with its Android OS… we believe Google is investing in developing the hardware and touchpoints that will enable its ambient computing strategy…” Josey’s price target suggests an upside for 12% for GOOGL shares. (To watch Josey's track record, click here)5-star analyst Stephen Ju, of Credit Suisse, focused more on Alphabet’s free cash flow position in his comments, saying, “Google in our view is a controlled outcome, with management looking to drive consistent revenue and FCF growth through the amassing and creation of a portfolio of assets even as the law of large numbers begin to result in deceleration for some of the largest businesses… overall revenue growth has once again settled into a managed ~20%+ range… Google has resumed free cash flow growth this year after two years of investments.” Ju puts a $1,700 price target on the stock, showing confidence in a bullish 31% upside. (To watch Ju's track record, click here)GOOGL’s Strong Buy consensus rating is based on 25 Buys set in the past three months, against just 4 Holds. Analysts are confident that the company can meet the challenges inherent in the ever-changing digital world. Shares sell for an eye-popping $1,296, but the average price target, $1,455, truly gets into nosebleed territory. The stock has an average upside of 12%. (See Alphabet stock analysis on TipRanks)

  • MarketWatch

    Apple stock falls after Maxim joins the bear camp

    Shares of Apple Inc. are down 0.7% in premarket trading Thursday after Maxim Group analyst Nehal Chokshi downgraded the stock to sell from hold. He expects that the company's March-quarter revenue will come in 14% below consensus estimates and that fiscal 2020 revenue will end up 6% below consensus figures. "We expect operating profit to decline year over year due to our below consensus iPhone view, despite ongoing growth in services and wearables," he wrote. Chokshi also projects a deceleration in Apple's wearables, home, and accessories category in fiscal 2021 due to what could be tougher competition from a combined Alphabet Inc. and Fitbit Inc. . He set a $190 price target on the shares, which have gained 68% so far this year to reach a recent $264.47. The Dow Jones Industrial Average is up 19% so far in 2019.

  • Bloomberg

    Microsoft and Salesforce Strike Partnership, Helping Thaw Chilly Relations

    (Bloomberg) -- Microsoft Corp. and Salesforce.com Inc. are connecting more of their software and Salesforce will use Microsoft’s Azure cloud for part of its business, a thaw in a relationship that grew chilly several years ago when both companies pursued the same acquisition. The agreement, to connect some of Salesforce’s software with Microsoft’s Teams corporate chat and use Azure for Salesforce’s Marketing Cloud, expands an existing strategic relationship forged in the early days of Microsoft Chief Executive Officer Satya Nadella’s tenure. But the relationship grew strained in 2016 after Microsoft beat Salesforce to acquire LinkedIn and Salesforce complained to European regulators about the deal. The two companies have not announced any partnerships since. Microsoft and Salesforce compete for customers who want cloud-based software programs for customer management. Nadella, who once ran that business for Microsoft, has invested more effort into bolstering his company’s products in that area. The LinkedIn purchase was a key part of that plan, and Salesforce co-CEO Marc Benioff was said to have been angered at Microsoft’s actions. Still the two companies, among the biggest makers of cloud-based corporate applications, have many areas in which they can cooperate and Microsoft wants to lure large technology company customers to Azure, which trails cloud-computing market leader Amazon.com Inc. As part of the deal, Salesforce will connect its Sales Cloud and Service Cloud with Microsoft’s Teams, the companies said Thursday in a statement. Teams is trying to gain customers from rival Slack Technologies Inc. Salesforce had previously run Marketing Cloud on its internal systems, but uses other cloud providers for different parts of its business. The San Francisco-based company has leveraged infrastructure cloud deals as a way to sweeten partnerships. In 2017, as part of a tie-up with Alphabet Inc. to connect Google Analytics to Salesforce programs, Salesforce said it would host some of its core services on Google Cloud Platform as it expands globally—calling Google a “preferred public cloud provider.” The following year, Salesforce dubbed International Business Machines Corp. a "preferred cloud services provider" as part of an alliance to use IBM’s artificial intelligence with Salesforce software. It also does business with Amazon Web Services.Microsoft and Salesforce's deepening partnership in some areas comes amid greater competition between the companies elsewhere. Salesforce said in June it would pay more than $15 billion to buy Tableau Software Inc., a maker of analytics programs. Tableau and Microsoft compete in the market for business intelligence software. To contact the authors of this story: Dina Bass in Seattle at dbass2@bloomberg.netNico Grant in San Francisco at ngrant20@bloomberg.netTo contact the editor responsible for this story: Andrew Pollack at apollack1@bloomberg.net, Alistair BarrJillian WardFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Benzinga

    Can Google's New Quantum Computer Hack Bitcoin?

    By Bruce Ng Ever since Bitcoin was created, the perennial question, asked by skeptics and advocates alike, could be condensed into four simple words:  Can Bitcoin be hacked?  The perennial answer: No, ...

  • TheStreet.com

    [video]Facebook Pay Is a Less Risky Onramp to Social Commerce, Following Libra Backlash

    Facebook Pay is rolling out on Messenger and Facebook in the U.S. first, with plans to expand to Instagram and WhatsApp eventually.

  • Google probe to expand into search and Android: RPT
    Yahoo Finance Video

    Google probe to expand into search and Android: RPT

    The 50 attorneys general investigating Google’s advertising practices are expanding the antitrust probe into the company’s Android business as well.

  • Apple's new 16-inch MacBook pro, a Google checking account?
    CNET

    Apple's new 16-inch MacBook pro, a Google checking account?

    Today's major tech headlines include first impressions of Apple's new MacBook Pro, Google possibly offering checking accounts in 2020 and Disney Plus' big launch that included over 10 million sign-ups.