1,038.52 -0.11 (-0.01%)
After hours: 5:24PM EST
|Bid||1,030.01 x 800|
|Ask||1,035.90 x 1800|
|Day's Range||1,031.00 - 1,061.88|
|52 Week Range||980.64 - 1,273.89|
|Beta (3Y Monthly)||1.30|
|PE Ratio (TTM)||44.86|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1,328.00|
Stocks diving with tech sector hit hardest. Yahoo Finance's Julie Hyman and Adam Shapiro talk with Scott Gamm at the NYSE.
Alphabet Inc.’s Google plans to double its workforce in New York City to more than 14,000 employees over the next 10 years, its chief financial officer said.
Last month, Google unveiled the third iterations of its self-branded smartphone (or its eleventh, depending on how you look at it), the Pixel 3 and 3 XL, at an event in New York. Google spent much of the presentation effusing about its latest smartphone’s camera. Unlike many of its competitors’ phones, it uses just one…
An internet diversion that rerouted data traffic through Russia and China disrupted several Google services on Monday, including search and cloud-hosting services. Service interruptions lasted for nearly two hours and ended about 5:30 p.m. EST., network service companies said. In addition to Russian and Chinese telecommunications companies, a Nigerian internet provider was also involved.
Technology giants are trying to bring to videogames the same streaming capabilities that gave rise to Netflix and Spotify, a transformational leap that could usher in a new wave of growth for an industry bigger than Hollywood. Microsoft Corp. and Alphabet Inc.’s Google recently announced efforts to let people play big-budget, visually complex videogames—so-called triple-A games—on internet-connected devices without requiring specialized hardware that costs hundreds of dollars. “This is going to be positive for gaming,” says Mark Demos, a portfolio manager at Foundry Partners LLC, which invested roughly 2.1% of its $11.3 million midcap-growth fund and 1.7% of its $8 million active-growth fund in Electronic Arts in late September.
European Competition Commissioner Margrethe Vestager has become a household name in Silicon Valley since she ordered Apple Inc. to pay $14.5 billion in alleged unpaid taxes to Ireland and fined Alphabet Inc.’s Google a total of $7.8 billion for allegedly abusing its dominance to clobber rivals. Ms. Vestager—who rejected Mr. Trump’s characterization shortly afterward, saying “I very much like the U.S.”—says in an interview with The Wall Street Journal that she never looks at the nationality of a company when cases are brought to her, and that the only thing that matters is for U.S. tech giants to play by Europe’s rules on competition and privacy.
SUWON, South Korea—If cars do become the next smartphone—a full-blown information and entertainment system but on wheels—Samsung Electronics Co. may have a leg up on its competitors. Samsung, the world’s largest smartphone maker, was a relative nobody in the auto industry until it announced an $8 billion deal two years ago to acquire Harman International Industries Inc., a U.S.-based automotive-technology manufacturer. Its plan is to create a “digital cockpit”—a high-tech revamp of a car’s dashboard designed for an ultra-connected vehicle, with a bank of screens from one side of the car to the other.
Google services were temporarily unreachable for some users after some traffic intended to reach the web giant was rerouted through other networks. In a notice posted on Monday on its website, Google said it had resolved the issue as of 2:35 p.m. PT, and that its services were operating as expected. Inc. unit said it would conduct an internal investigation but that it believed the root cause of the issue was external to Google.
CNBC's Jim Cramer explains why it’s only a matter of time before investors come around on Alphabet. The "Mad Money" host also hears from the CEOs of Starbucks and FireEye. In the lightning round, Cramer goes against the Fed and recommends an insurance stock.
Airbnb also said it would not require employees to use arbitration in cases involving discrimination, which includes racial, gender, religious and age inequity. Nick Papas, an Airbnb spokesman, said that Airbnb is the first major technology company to remove binding arbitration for discrimination cases as well.
NEW YORK, NY / ACCESSWIRE / November 12, 2018 / Pomerantz LLP announces that a class action lawsuit has been filed against Alphabet, Inc. ("Alphabet" or the "Company") (GOOG) and certain of its officers. The class action, filed in United States District Court, Northern District of California, and index under 18-cv-06245, is on behalf of a class consisting of all persons and entities, other than Defendants and their affiliates, who purchased or otherwise acquired common shares of Alphabet between April 23, 2018 and October 7, 2018, both dates inclusive (the "Class Period"). Plaintiff seeks to recover compensable damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder.
Not all is well in the Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) kingdom, and that is why GOOG stock has dropped from $1,300 to below $1,050 over the past several months. The company’s ad revenue growth is slowing amid less robust growth rates across the entire digital advertising world and rising competition from Amazon (NASDAQ:AMZN). GOOG stock is definitely facing meaningful headwinds.
The pursuit of a two-sided business model could transform Spotify Technology SA's (SPOT) financial performance. The company has the potential to generate revenue growth from its suppliers, as well as from consumers. Deals with artists, as opposed to record labels, could increase sales and allow the company to provide complementary services such as talent management.
Yahoo Finance’s Melody Hahm and Tech Editor Dan Howley discuss new wireless speakers from Roku.