GOOG - Alphabet Inc.
| Previous Close | 1,088.77 |
| Open | 1,086.42 |
| Bid | 1,084.90 x 800 |
| Ask | 1,085.97 x 4000 |
| Day's Range | 1,080.17 - 1,092.69 |
| 52 Week Range | 970.11 - 1,289.27 |
| Volume | 1,085,719 |
| Avg. Volume | 1,523,566 |
| Market Cap | 754.213B |
| Beta (3Y Monthly) | 1.14 |
| PE Ratio (TTM) | 27.23 |
| EPS (TTM) | 39.86 |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 1,275.00 |
- Yahoo Finance•1 hour ago
Amazon, Google, and Uber are fundamentally misunderstood, says ServiceNow CEO John Donahoe
Amazon delivers paper towels, Google provides search results, and Uber, but these forward-facing services sew a complete misunderstanding of the companies, according to a Silicon Valley CEO.
- Motley Fool•31 minutes ago
3 Top Artificial Intelligence Stocks to Watch in June
Is your portfolio ready for the next big thing in technology?
- Motley Fool•17 hours ago
4 Hard-to-Believe Driverless Car Facts
This market is bigger and has broader implications for our lives than you might think.
- Motley Fool•21 hours ago
Facebook Still Isn't Giving Up on the Smart Speaker Market
But Amazon and Google probably aren’t too worried.
- MarketWatch•23 hours ago
Silicon Valley congressman: ‘It is embarrassing how technologically illiterate most members of Congress are’
As federal regulators sharpen their focus on big tech, expect to see and hear more from Rep. Ro Khanna, a Silicon Valley congressman who is shaping legislation with a Republican counterpart that is tantamount to an internet Bill of Rights.
- MarketWatch•23 hours ago
Four reasons why antitrust actions will likely fail to break up Big Tech
If federal regulators are serious about prosecuting Big Tech icons for antitrust practices, they’ll probably have to redefine what constitutes a monopoly in the industry.
- MarketWatch•23 hours ago
History shows that Big Tech antitrust suits would be a sell signal, Goldman economists warn
Investors might want to think twice before dismissing potential antitrust probes of Big Tech as a temporary concern.
- MarketWatch•23 hours ago
Big Tech was built by the same type of antitrust actions that could now tear it down
The fear in Silicon Valley is that antitrust investigations of big tech will blunt momentum of an industry that powers the U.S. economy. But history tells us another story.
- Barrons.com•yesterday
Blackstone’s Stephen Schwarzman and Other Visionary Founders on Our List of the World’s Best CEOs
With patience and skill, Blackstone Group CEO Stephen Schwarzman helped build an alternative-investment powerhouse that soon will be available to a much larger universe of investors.
- Investor's Business Daily•2 days ago
Google Chief: U.S. Needs Tech Giants For Artificial Intelligence
U.S. lawmakers should avoid breaking up tech giants because the country needs them to compete globally in areas like artificial intelligence, Google's CEO said in an interview this week.
- American City Business Journals•2 days ago
Google confirms Austin expansion, will begin moving in next year
Google will begin moving into its space at Saltillo in East Austin next year and at Block 185 in 2023.
- Benzinga•2 days ago
Huawei Delays Foldable Phone Launch
Huawei Technologies is delaying the release of its foldable smartphone from June to September, according to the Wall Street Journal. Huawei's reason for postponing the sale of its $2,600 Mate X smartphone ...
- Benzinga•2 days ago
E3: Morgan Stanley's 6 Takeaways
Morgan Stanley came away from the Electronics Entertainment Expo video game trade show in Los Angeles with a better understanding of the details of some of the key releases coming up this year and what ...
- American City Business Journals•2 days ago
The science behind OneFifteen's addiction treatment program
A new kind of addiction treatment program, the nonprofit OneFifteen for the Dayton region will begin seeing patients at the end of this month. It's a "robust response to the opioid epidemic, the No. 1 public health crisis of our time," says Danielle Schlosser, senior clinical scientist.
- MarketWatch•2 days ago
Google CEO Sundar Pichai worries tech regulation could have ‘unintended consequences’
Google Inc. CEO Sundar Pichai is concerned overzealous antitrust probes of Big Tech, including his own, could have far-flung, damaging consequences for the U.S. economy and national security.
- InvestorPlace•2 days ago
Google Faces Antitrust Regulations — And for Good Reason
There's an old saying that if you don't control your medium someone else will, and they won't have your interests at heart. That's no more true than in the case of Alphabet's (NASDAQ:GOOGL) Google, which has taken the media's business model for the Internet and now faces blowback.Source: Shutterstock That blowback includes calls to break the company up. Google's response is to reorganize its Washington lobbying shop, one of the largest in town, under new head of public policy Karan Bhatia, a former Bush Administration official.But Bhatia will have to look hard to find friends in the media industry. Most of that industry lies in pieces at Google's feet.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Links as TheftThe low monetary value of Internet media properties is underscored by news that TheStreet.Com, one of the early financial news sites, brought just $33 million in a sale to Maven (NASDAQ:MVEN), a small digital publishing company. Even that price represented more than twice Maven's market cap. (Full disclosure. I worked for TheStreet for a few years earlier in this decade.)The control of digital advertising by Google -- and Facebook (NASDAQ:FB) and Twitter (NASDAQ:TWTR) -- has Reuters asking if news has any economic value.Maybe not, but it does have political value.Consider a recent New York Times piece on the subject. It's based on a "study" from the New Media Alliance (formerly the Newspaper Association of America). The study claims Google made $4.7 billion last year from news content that it did not produce. The U.S. news industry as a whole brought in just $5.8 billion from digital ads on content it did produce.It's worth noting that the $4.7 billion figure is based on extrapolating from a 2008 since exact figures are not available.Politically, the study seems aimed at bringing the European concept of a "link tax" to the U.S. It's aimed at making Internet platforms pay for links to news content. Google argues such a tax would cut traffic to news sites, because their response would be to stop linking or shut down Google News in Europe altogether. Show Me the MoneyAbsent ad revenue, most newspapers have put up paywalls, allowing only subscribers to see their product.The New York Times (NYSE:NYT) has tripled its stock value in five years, it says, because of its paywall. But only a few national newspapers, including The Washington Post (owned by Amazon's (NADSAQ:AMZN) Jeff Bezos) and The Wall Street Journal, have made money on paywalls, which cut market reach substantially. Many smaller market papers now run with a skeleton staff.The result, for Google, is that its News product has become less useful even as it has been expanded. Its links lead regular readers to paywalls.More important, the enmity of major journalism organizations, both TV and print, plays into the hands of the Department of Justice -- at least in this area. The DOJ is busy creating new interpretations of antitrust law to apply to the digital age. The Bottom LineSince the antitrust issue began blowing up a few months ago Facebook stock is down 10% and Alphabet is down 17%, trading early on June 12 at $1,076 per share.There are analysts claiming Google would, like Standard Oil over a century ago, benefit from a breakup. But I find that claim is dubious.However, Google's refusal to play ball -- or in the case of a link tax, refusal to give the ball players a cut of the tickets they sold to their game -- doesn't bode well for future regulation. * 10 Stocks to Buy That Wall Street Expects to Soar for the Rest of 2019 Someone will pay the price of this. Whether it will be Google or the news media and the people who depend on it for information remains to be seen. In a time when the president routinely refers to the press as "the enemy of the people," the effects of the fight could be even worse than lost shareholder value.Dana Blankenhorn is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, available now at the Amazon Kindle store. Write him at danablankenhorn@gmail.com or follow him on Twitter at @danablankenhorn. As of this writing he owned no shares in companies mentioned in this article. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Stocks to Buy That Wall Street Expects to Soar for the Rest of 2019 * 7 Value Stocks That Are Flying Under the Radar * 6 Mouth-Watering Fast Food Stocks for Growth Investors Compare Brokers The post Google Faces Antitrust Regulations -- And for Good Reason appeared first on InvestorPlace.
- Bloomberg•2 days ago
Big Tech’s Antitrust Argument: We Need to Be Big to Beat China
Google Chief Executive Officer Sundar Pichai made the pitch in a recent CNN interview. "When we look at it globally, our tech companies are going to contribute to our economic growth in an important way.
- Yahoo Finance•2 days ago
Tech CEOs who testify in Washington 'can't win no matter what,' says ServiceNow CEO John Donahoe
Lawmakers and regulators have signaled newfound willingness to bring antitrust action. One Silicon Valley chief executive said that doesn’t bode well for CEOs called to Capitol Hill, saying in that position “you can’t win no matter what you do.”
- Bloomberg•2 days ago
Specter of Toxic Content Stalks Ad Industry’s Big Annual Party
The tech giants have pulled billions of ad dollars away from traditional media as consumers flocked to their platforms. Now a proliferation of objectionable content on their sites threatens to taint the global brands that advertise there. Celebrities will add some glamor, from Grammy-award winner John Legend and film director Alfonso Cuaron to Hollywood star Jeff Goldblum with his jazz band.
- Bloomberg•2 days ago
Donald Trump's Misguided Love for the EU’s “Fantastic” Bureaucrats
The big fines may grab the attention, but it’s the argument over who gets to profit from all of the world’s data that’s really driving the strategy in Brussels. The recent billion-dollar fines inflicted on Google and Apple Inc. by Europe’s top antitrust official, Margrethe Vestager, should just be seen as an opening salvo.
- Motley Fool•2 days ago
Buy This FAANG Stock in the Face of Regulatory Worries
The antitrust chief offered insight into how government regulators will target big tech. Except this one.
- American City Business Journals•2 days ago
Dayton nonprofit OneFifteen announces makeup of its first board
Dayton welcomes its newest addiction treatment facility, a national partnership years in the making between Dayton's hospital systems, mental health agencies and Google's sister company Verily Life Sciences in California.
- Reuters•2 days ago
RPT-FOCUS-Google policy head retools team for global lobbying push
Alphabet Inc's Google is trying to plug a surge of public scrutiny around the world by overhauling how its policy office operates, with increased emphasis on having policy staffers and top company executives alike building relationships with governments, people familiar with the matter said this week. Government officials in the United States, India, Ireland, Singapore, Australia and at least several other countries have threatened regulation or launched probes concerning Google's user privacy practices, its policing of inappropriate videos and apps, and the potential abuse of its dominance in internet search and advertising. The negative attention on Google's power and its data collection practices could hurt its public image and force costly business changes.
- Reuters•2 days ago
Huawei delays global launch of foldable phone by three months
Huawei will delay the launch of its much-touted foldable 5G Mate X smartphone by three months, the latest setback for the company that was slapped with U.S. sanctions last month. The Mate X, a competitor to Samsung Electronics' Galaxy Fold, is expected to be rolled out globally in September, Vincent Pang, Huawei's head of corporate communications, said on the sidelines of the WSJ Tech D.Live conference in Hong Kong. The delay comes as Huawei phones face being cut off from updates of Google's Android operating system (OS) in the wake of the U.S. blacklist that bans American companies from doing business with the Chinese firm.
- American City Business Journals•2 days ago
Meet Marti Taylor, the leader of Dayton's newest addiction treatment center — with the backing of Google
One of Dayton's newest CEOs, Marti Taylor celebrates this week the grand opening of OneFifteen, a Google-backed addiction treatment center in partnership with two Dayton-area health systems. Patients will start being seen this month, with more construction phases and services coming online as the year progresses.
