GOOG Jun 2020 1135.000 put

OPR - OPR Delayed Price. Currency in USD
0.00 (0.00%)
As of 10:36AM EST. Market open.
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Previous Close31.80
Expire Date2020-06-19
Day's Range28.59 - 28.59
Contract RangeN/A
Open Interest10
  • Cloud-based gaming kicks off for Google as Stadia premiers
    Yahoo Finance Video

    Cloud-based gaming kicks off for Google as Stadia premiers

    Google Stadia has officially launched on Monday. The cloud based gaming service has 22 games for its players to stream. But can Stadia and your wifi operate at a usable pace? Yahoo Finance’s Dan Howley shares his review on with Jen Rodgers and Dan Roberts on "The Final Round."

  • Google Stadia review: The game streaming service works — but it’s missing key features
    Yahoo Finance

    Google Stadia review: The game streaming service works — but it’s missing key features

    Google's Stadia game streaming service works incredibly well, but it's a work in progress.

  • Marissa Mayer is back with a new startup focusing on artificial intelligence

    Marissa Mayer is back with a new startup focusing on artificial intelligence

    Mayer has been tight-lipped about her new venture, Lumi Labs, which is focused on building A.I. applications for consumers.

  • Oracle Delays Decision to Replace Mark Hurd

    Oracle Delays Decision to Replace Mark Hurd

    (Bloomberg) -- A month after the death of Chief Executive Officer Mark Hurd, Oracle Corp.’s succession plan is to leave control in the hands of Chairman Larry Ellison and Hurd’s fellow CEO Safra Catz while an internal successor is groomed, people familiar with the matter said. While Ellison has put forth five candidates, none has emerged quickly as the front-runner to join Catz as CEO, and the company is likely to appoint someone president first—or at least give that executive more time to grow into the role, said the people, who asked not to be identified discussing the company’s private deliberations. Oracle has considered promoting an executive with product or technical experience, one of the people said.Hurd, Oracle’s chief salesman, died in October after taking a short medical leave. Ellison, 75, and Catz, 57, have said they are splitting Hurd’s duties. In September, Ellison promised to give five names to Oracle’s board of executives who could one day be a “next-gen” CEO. He name-checked Steve Miranda, 50, executive vice president of applications development, and Don Johnson, EVP of Oracle Cloud Infrastructure, as leaders who would grow over time. Ellison, who also serves as technology chief, said at that time that the software maker would be in no rush to directly replace Hurd, and Oracle remains committed to taking a slow approach, said the people. The software maker has had only three chief executive officers in its 42-year history. Ellison presided over the company for decades before stepping down in 2014, when he was succeeded by Catz and Hurd. The latter two served as presidents before sharing the top job. Currently, Oracle doesn’t have any presidents. Ellison’s desire to promote from within makes it likely the next person appointed to be CEO will first serve as a president.“We should have people in the company that are capable of being promoted into that position,” Ellison said at a meeting with financial analysts in September. “So when there is this succession, it's not rushing out and doing a search. It's knowing we have these assets that are familiar with the company, familiar with the personnel.”While there’s no current rush in naming a CEO, Oracle could accelerate the appointment should the right candidate emerge, the people said. Ellison may be asked about a successor to Hurd at Tuesday's annual shareholder meeting at Oracle’s headquarters in Redwood City, California.Amid Catz’s aversion to public speaking and media interviews, and Ellison’s limited public appearances, Hurd played a special role in Oracle’s C-suite. The usually outgoing executive oversaw sales and regularly met with big corporate customers who spent tens of millions of dollars on Oracle’s collection of software programs. He frequently outlined the company’s vision in meetings with the press and on television.“Mark Hurd loved sales and he loved the deal,” Pat Walravens, an analyst at JMP Securities, said in an interview. “Because of that, he ended up touching so much of Oracle. That’s what they need in a successor. Safra’s got the operations. You need somebody who loves sales and is really good at it.”The management succession issue comes at an important time for Oracle. Fiscal-year revenue has increased an average of less than 1% annually in the past five years as Oracle has transitioned to cloud-based computing. The company's sales have declined year-over-year for two of the past four quarters and analysts project growth of just 1.4% in fiscal 2020. Still, investors appear satisfied—the company's shares have gained about 25% this year, matching the rise of the S&P 500.Ellison has placed great trust in Oracle’s product executives, describing some of them as “people who are really running the company.” Besides Miranda and Johnson, Ed Screven, 55, Oracle’s chief corporate architect who ensures products are consistent with the company’s strategy; Andy Mendelsohn, the EVP in charge of database server technologies; and Juan Loaiza, EVP of mission-critical database technologies, are senior leaders who are well-regarded by Ellison, said people familiar with the matter, who asked not to be identified discussing his thinking. Many of the executives have proven their loyalty to the boss by staying at Oracle for decades, since it was a much smaller business, but they’re seen as lacking Hurd’s panache and charisma, the people added.By contrast, Loïc Le Guisquet, the chairman for Europe, Middle East, and Africa, Asia Pacific and Japan, has sales experience and oversees a sprawling portion of the company’s business. Le Guisquet is set to be promoted to a new global role, said one of the people, but his new title couldn't be confirmed. Oracle didn’t respond to a request for comment on its succession plans.Given Ellison’s second title as Oracle’s CTO, and his ownership of a third of the business, he would almost certainly retain veto power over product decisions as long as he remains at the company.Thomas Kurian was seen as an heir to Ellison as the company’s president of product development until he left in September 2018 after an acrimonious split with the billionaire chairman, Bloomberg News has reported. Kurian is now CEO of Alphabet Inc.’s Google Cloud Platform. Rather than replace Kurian directly, Ellison has largely absorbed his responsibilities and now oversees the executives who reported to Kurian.If Oracle seeks a candidate other than Le Guisquet with more of Hurd’s skills, it has other strong options, the people said. David Donatelli, 54, Oracle’s EVP of the cloud business group, leads sales and marketing strategy for the company’s cloud efforts and was one of Hurd’s deputies. Rich Geraffo, 56, the EVP of a multibillion-dollar part of Oracle’s North American sales organization, also used to answer to Hurd.“We think we're in pretty good shape,” Ellison said in September. “We've got quality and quantity in our management team. These people are all slightly younger than I am. So I think hopefully they're going to be around a long time.”\--With assistance from Ashlee Vance.To contact the author of this story: Nico Grant in San Francisco at ngrant20@bloomberg.netTo contact the editor responsible for this story: Andrew Pollack at, Jillian WardMolly SchuetzFor more articles like this, please visit us at©2019 Bloomberg L.P.

  • Bloomberg

    This Search Engine Is Planting Trees Every Time You Browse

    (Bloomberg) -- When fires raged across Brazil this summer and deforestation rates reached startling highs, users began downloading a small German search engine in a modest effort to counteract the devastation.Ecosia GmBH, a Berlin-based alternative to Google, donates as much as 80% of the profit it makes from running ads alongside search results to plant trees around the world.As awareness increases around the impact of climate change -- from floods wiping out harvests or droughts forcing water restrictions -- Ecosia says it’s attracting more users as a result.“It’s easy to underestimate the massive impact that planting trees can have, with reforestation found to be the cheapest and most immediately effective weapon in the fight to save the planet,” Chief Executive Officer Christian Kroll said in an interview.The company says searches on its service have increased 82% compared to last year, as people become increasingly conscious of climate issues, aided in part by teenage activist Greta Thunberg. On Aug. 22, installs of Ecosia jumped 1,150% up from daily average figures, as news outlets around the world reported about the Amazon fires in Brazil.Ecosia typically sees up to 25,000 installs per day, but on Aug. 22 that jumped to over 250,000, the company said.On average, every 45 searches on Ecosia generates enough profit to plant one tree, which costs $0.25, Kroll said. Alongside its tree-planting, the company also has a program in Brazil to prevent the spread of forest fires, paying local firefighters to snuff them out and educating people in those areas to not start them in the first place.Kroll said he started trading stocks at age 16 and studied business administration in college, before he decided to shift course after extended trips to India, Nepal and Latin America, where he was exposed to poverty and mass extinction.He used his earnings from trading to launch Ecosia 10 years ago, which has since grown to bring in revenue of more than 9 million euros ($10 million) last year. It now has more than 8 million active users, according to a spokesman, allowing the certified benefit corporation to plant more than 74 million trees around the world, including in Brazil, Madagascar, Burkina Faso and Indonesia.The company says it targets tree-planting in biodiversity hotpots to protect as many plant and animal species as possible. It works with local organizations to plant trees that target the local community’s most urgent needs, like providing jobs, firewood, food or fertile soil.Unlike Google, Ecosia doesn’t target ads to users, though doing so could earn the company more money to plant trees. It says it also aims to protect user privacy as much as possible by not tracking its users or selling their data to advertisers and by encrypting their searches.The German search engine said it’s looking into rolling out more green services, like highlighting more sustainable options for travel in search results.Another possibility it’s mulling for the future: a personal assistant with a green conscience. “But without being too annoying,” Kroll said.To contact the reporter on this story: Natalia Drozdiak in Brussels at ndrozdiak1@bloomberg.netTo contact the editor responsible for this story: Giles Turner at gturner35@bloomberg.netFor more articles like this, please visit us at©2019 Bloomberg L.P.

  • Kylie Jenner Is Keeping Up With the Billionaires

    Kylie Jenner Is Keeping Up With the Billionaires

    (Bloomberg Opinion) -- Coty Inc. just turned into Koty Inc.The American beauty group controlled by Germany’s billionaire Reimann family has agreed to pay $600 million for a majority stake in the cosmetics brand founded by Kylie Jenner, the youngest member of the Kardashian-Jenner clan. The deal, in which Coty will acquire a 51% stake, values Jenner’s Kylie Cosmetics business at about $1.2 billion, not bad for the line of lip kits the reality TV star created when still a teenager.You can see why Coty is paying up for a piece of the “Konsumer” action. Jenner, with 270 million social media followers is at the vanguard of the celebrity-influencer beauty industry, where company founders engage their fans via Instagram and YouTube and turn them into customers.Jenner — alongside other new media stars such as pop singer Rihanna, who’s partnered with LVMH Moet Hennessy Louis Vuitton SE, and the makeup artist Huda Kattan — is reshaping the beauty industry. Traditional cosmetics houses need to find ways to keep up. The mass beauty market, in which Coty has brands such as CoverGirl and MaxFactor, has been hit hard by the celebrity competition.Coty’s deal values Kylie Cosmetics at 6.7 times the last 12 months’ revenue. That compares with the 3.6 times multiple paid by Sweden’s EQT Partners for Nestle Skin Health, a brand catering for a slightly older demographic. It seems contouring for millennials is twice as valuable as hiding crow’s feet.Jenner’s company sells only make-up and skincare products currently; Coty will license it fragrances and nail merchandise too. If the new parent can broaden Kylie’s appeal into everything from false eyelashes to gel nail varnish, and pump them through its global distribution network, then it has a chance of bolstering revenue and squeezing value from the deal price. The business is already growing quickly and has an Ebitda margin of more than 25%.The danger of buying a “name” brand is that fashion is fickle. Coty’s purchase assumes that Kylie will keep inspiring young women to highlight their cheek bones and plump their lips. Yet what if she falls from favor with her young followers, who move onto the next Instagram or TikTok sensation. Already we may be past peak Kardashian, with the family’s TV show now into its 17th series.Coty is eager to stress that this is a partnership, and that Jenner will remain heavily involved. But operating inside a behemoth is very different to being an entrepreneurial startup.Let’s not forget the fate of the celebrity fragrance boom that emerged in the 2000s. These products are waning in popularity as millennials demand more personalized and artisanal scents. Coty itself has been moving away from some traditional collaborations, for example stopping producing perfumes for Jennifer Lopez, Lady Gaga and Celine Dion — although it still has Katy Perry in its stable.Yet perfume tie-ups were for the analogue age; capturing a Kardashian is for the digital era. Investors will hope that doesn’t also mean an acceleration of the process of falling out of fashion.\--With assistance from Chris Hughes.To contact the author of this story: Andrea Felsted at afelsted@bloomberg.netTo contact the editor responsible for this story: James Boxell at jboxell@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Andrea Felsted is a Bloomberg Opinion columnist covering the consumer and retail industries. She previously worked at the Financial Times.For more articles like this, please visit us at©2019 Bloomberg L.P.

  • Did Swallow Kayak? No, It’s Just a Marketing Thing

    Did Swallow Kayak? No, It’s Just a Marketing Thing

    For at least the past three months, U.S.-based Kayak and OpenTable have branded themselves atop their homepages as being "Part of," all three of which are sister companies within parent Booking Holdings. There's apparently a marketing motive behind the new cozy branding. The parent company, Booking Holdings, wants to parlay the U.S. brand recognition […]

  • U.S. Congress seeks answers on patient privacy in Google, Ascension cloud deal

    U.S. Congress seeks answers on patient privacy in Google, Ascension cloud deal

    Four Democratic leaders on the U.S. House of Representatives Energy and Commerce committee on Monday wrote Alphabet Inc's Google and Ascension Health demanding briefings by Dec. 6 on how patient data the hospital chain is storing on the cloud is used. Google's cloud computing unit said last week that it has incorporated industry standard security and privacy practices into its deal with Ascension, and that none of the data is being used for advertising purposes.


    Retirement Savers Are Turning to Dividend Stocks for Income. Here’s How to Use Them in Your Portfolio.

    Investors are increasingly turning to equities with cash payouts for their nest eggs. But the strategies carry risk if not done right.

  • The Funded: rings up $100M IPO, Google buys Santa Clara cloud startup
    American City Business Journals

    The Funded: rings up $100M IPO, Google buys Santa Clara cloud startup

    Bay Area startup news at the start of the week included's plans to raise $100 million in an IPO and Google's acquisition of a Santa Clara cloud management startup.

  • Mason Hawkins Sells Alphabet, General Electric

    Mason Hawkins Sells Alphabet, General Electric

    Guru's largest sales of the 3rd quarter Continue reading...

  • Turn yourself into a better investor by learning from hedge-fund star Jim Simons’s successes and failures

    Turn yourself into a better investor by learning from hedge-fund star Jim Simons’s successes and failures

    Renaissance’s Jim Simons crushes both the S&P 500 index and successful investors like Warren Buffett and George Soros.

  • Google Makes Another Cloud Acquisition During Antitrust Probe

    Google Makes Another Cloud Acquisition During Antitrust Probe

    (Bloomberg) -- Google announced plans to buy enterprise software firm CloudSimple Inc., another sign the search giant isn’t letting a flurry of antitrust investigations interrupt its expansion strategy.CloudSimple will join Google Cloud, a priority business for the Alphabet Inc. unit. The companies didn’t disclose financial terms.The acquisition could help Google get a foothold in a corner of the cloud-computing market where larger rivals, Microsoft Corp. and Inc., have run ahead. CloudSimple builds tools that help companies move information, applications, databases and other systems from in-house data centers to the public cloud.The Santa Clara, California-based startup specializes in VMware virtualization software, which helps businesses run corporate networks and business software more efficiently. VMWare’s large enterprise customer base has made it an attractive partner for the leading public cloud providers, including Google.In a Google blog post announcing the deal, Ajay Patel, a VMware Inc. senior vice president, said his company will continue to work with CloudSimple.In recent months, U.S. regulators and Congress have opened multiple inquiries into Google over competition concerns, including the company’s history of acquisitions. Since those probes began, Google has announced multibillion-dollar takeovers of Looker Data Sciences Inc., a cloud company, and Fitbit Inc., a device-maker.Google has argued that it has a small market share in cloud computing, enterprise software and consumer devices. Antitrust officials cleared Google’s $2.6 billion bid for Looker in early November.To contact the reporters on this story: Mark Bergen in San Francisco at;Nico Grant in San Francisco at ngrant20@bloomberg.netTo contact the editors responsible for this story: Jillian Ward at, Alistair Barr, Andrew PollackFor more articles like this, please visit us at©2019 Bloomberg L.P.

  • FTC chief says has 'multiple' investigations of tech platforms

    FTC chief says has 'multiple' investigations of tech platforms

    The chairman of the Federal Trade Commission said on Monday that his agency had multiple investigations of tech platforms, in addition to its known probe of Facebook, but did not identify them. Big tech companies like Facebook, Alphabet's Google, and Apple face a slew of antitrust probes by the federal government, state attorneys general and congress. It has previously been reported that the FTC's focus was on Facebook and

  • Getting a Grip on the Pentagon

    Getting a Grip on the Pentagon

    (Bloomberg Opinion) -- How do you wrestle an unwieldy, $700 billion behemoth into submission?  That was the challenge facing Ash Carter, former secretary of the Department of Defense and this week's guest on Masters in Business.Carter, who has worked with every president from Ronald Reagan to Barack Obama, says his background in theoretical physics and medieval history helped him understand how to maneuver through the labyrinthine systems of the Pentagon bureaucracy. He created processes to improve purchasing efficiency, including incentives and penalties for major weapons manufacturers. He also brought talent from Silicon Valley to the Pentagon to beef up its technological capabilities.Carter describes his role after 9/11 in coordinating U.S. intelligence and why he opposed creating a separate bureaucracy in the Department of Homeland Security. He preferred instead a coordinated intelligence, defense and law-enforcement standing joint operation.He is author of 11 books on military strategy, including most recently, "Inside the Five-Sided Box: Lessons from a Lifetime of Leadership in the Pentagon."His favorite books can be seen here; a transcript of our conversation is here.You can stream/download the full conversation, including the podcast extras on Apple iTunes, Overcast, Spotify, Google, Bloomberg and Stitcher. All of our earlier podcasts on your favorite pod hosts can be found here.Next week, we speak with Ilana Weinstein, founder and chief executive officer of IDW Group, a leading consulting and hiring boutique for hedge funds, private equity and family offices.To contact the author of this story: Barry Ritholtz at britholtz3@bloomberg.netTo contact the editor responsible for this story: James Greiff at jgreiff@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Barry Ritholtz is a Bloomberg Opinion columnist. He is chairman and chief investment officer of Ritholtz Wealth Management, and was previously chief market strategist at Maxim Group. He is the author of “Bailout Nation.”For more articles like this, please visit us at©2019 Bloomberg L.P.


    JPMorgan CEO Jamie Dimon Discusses Consumer-Banking Costs

    Dimon spoke with Barron’s Jack Hough about a recent Streetwise column about big tech and banking, and objected to a 2018 study that found consumer banking costs haven’t fallen.

  • Google Stadia launches tomorrow
    Yahoo Finance Video

    Google Stadia launches tomorrow

    Google’s cloud gaming service Stadia will launch tomorrow. It will double the number of games that will be available on launch day. Yahoo Finance’s Dan Roberts, Brian Cheung, Julia La Roche and Dan Howley discuss on YFi-AM.

  • Google increasingly interferes with search results, Wall Street Journal reports
    CBS News Videos

    Google increasingly interferes with search results, Wall Street Journal reports

    A new investigation from the Wall Street Journal found that Google is interfering with its algorithms to alter users' search results. Kirsten Grind, one of the authors of the report, joined CBSN to break down the findings.

  • Waymo's Program to Hail Driverless Cars Keeps Expanding

    Waymo's Program to Hail Driverless Cars Keeps Expanding

    Nov.18 -- Dan Chu, Waymo Chief Product Officer, talks about the demand for driverless taxis and trucks. He appears on "Bloomberg Technology."

  • Senators Look to Shore Up Data Security

    Senators Look to Shore Up Data Security

    Nov.18 -- Senator Josh Hawley, a Republican from Missouri, proposed a bill to limit data that gets transferred to China and Russia. Ben Brody Kurt Wagner report on "Bloomberg Technology."

  • Behind Lazard's Unique Relationship With Google

    Behind Lazard's Unique Relationship With Google

    Nov.18 -- Over the last decade, Lazard Ltd. has quietly become Google’s go-to adviser, bringing it the cachet -- though not big fees -- of working with one of the world’s largest companies. Bloomberg's Liana Baker has more on "Bloomberg Markets: The Close."