GOOGL - Alphabet Inc.
| Previous Close | 1,091.01 |
| Open | 1,089.74 |
| Bid | 1,085.95 x 1300 |
| Ask | 1,086.30 x 900 |
| Day's Range | 1,081.48 - 1,094.44 |
| 52 Week Range | 977.66 - 1,296.97 |
| Volume | 1,229,304 |
| Avg. Volume | 1,664,971 |
| Market Cap | 753.214B |
| Beta (3Y Monthly) | 1.18 |
| PE Ratio (TTM) | 27.25 |
| EPS (TTM) | 39.86 |
| Earnings Date | Jul 22, 2019 - Jul 26, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 1,336.80 |
- Motley Fool•11 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•15 hours ago
Facebook Still Isn't Giving Up on the Smart Speaker Market
But Amazon and Google probably aren’t too worried.
- MarketWatch•17 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•17 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•17 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•17 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.
- Zacks•2 days ago
Amazon-Morrison to Expand Prime Delivery Services in U.K.
Amazon (AMZN) strengthens ties with Morrison Supermarkets to bolster its presence in the U.K. grocery market.
- Zacks•2 days ago
Facebook Watch Gaining Steam, New Features to Aid User Growth
Facebook (FB) Watch has now more than 720-million monthly and 140-million daily users, who spend at least one minute on Watch.
- 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.
- Zacks•2 days ago
What to Expect from Oracle's (ORCL) Q4 2019 Earnings After Microsoft Cloud Deal?
Let's see what to expect from Oracle's fourth-quarter fiscal 2019 financial results that are due out after the closing bell on Wednesday, June 19.
- 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.
- American City Business Journals•2 days ago
Why Google is planning a $600M investment in this small Texas city
Google is putting in its first data center in Texas with an investment that has a bigger number than earlier expected.
- 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
These CrowdStrike IPO winners' stakes are now worth billions
Three early investors in the Sunnyvale cloud security business each have stakes of more than $1 billion.
- 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.
- Zacks•2 days ago
3 "Internet of Things" Stocks to Buy Right Now
Today we've highlighted three stocks with a Zacks Rank 2 (Buy) or better that could be poised for further IoT-based growth soon.
- 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.
- InvestorPlace•2 days ago
Tariff, Consumer Challenges Are Priced Into GM Stock
Uncertainty continues to plague General Motors (NYSE:GM). Tariff threats and changing consumer trends have led to falling profit forecasts. Consequently, GM stock remains at a low valuation.Source: Shutterstock However, while this low multiple may indicate ongoing profit struggles, it also gives traders few reasons to sell. Several Headwinds Weigh on GM StockDespite averting Mexican tariffs, the outlook appears bleak for General Motors stock. The trade war with the all-important China market lingers. China is General Motor's largest market. In 2018, the company sold about 3.645 million cars in China. That's considerably more than the 2.954 million units sold in the United States.InvestorPlace - Stock Market News, Stock Advice & Trading TipsUnless GM gains an exemption, analysts can expect that number to fall as long as the trade war persists. Even worse, a prolonged trade war would leave the automaker at a competitive disadvantage as it would have to work harder to regain lost market share, thereby hurting General Motors stock. * 7 High-Quality Cheap Stocks to Buy With $10 GM also could face a permanent reduction in demand for cars. With more Americans depending on services like Uber (NYSE:UBER) and Lyft (NASDAQ:LYFT) for their transportation, fewer people seek car ownership. That may explain why analysts forecast a 6.9% reduction in earnings for next year. Early indications point to another decline in profits in 2021.They also face tech-related threats. Though GM does produce an electric vehicle (EV), it has fallen behind Tesla (NASDAQ:TSLA) and others automakers in this segment. Moreover, non-car companies such as Alphabet's (NASDAQ:GOOGL, NASDAQ:GOOG) Waymo and the Intel (NASDAQ:INTC) subsidiary Mobileye continue to garner more attention in the self-driving car market. GM acquired Cruise Automation in 2016 to respond to this threat.Unfortunately for proponents of GM stock, Cruise's prototypes have faced safety and technical issues. The Multiple on General Motors Stock Reflects the UncertaintyStill, despite numerous problems, it appears that the valuation of GE stock reflects these issues. Shares trade at a price-to-earnings ratio of just under 5.7. Barring profits going off a cliff, I do not see this multiple falling much further.Also, robust earnings from truck sales will help reduce the decline in profits. General Motors just announced that they will invest $150 million in its Flint, Michigan plant. This will facilitate the production of its next-generation heavy-duty pickup truck. It will also boost pickup truck production by 40,000 vehicles annually and add 1,000 jobs.I would not expect this to materially affect the GM stock price as it has seen little net change over the years. Nine years ago, the automaker reintroduced its equity at an initial public offering price of $33 per share. Today, it trades at close to $36 per share as of the time of this writing. With falling profits and a low PE ratio, it would probably take an end to the trade war to boost shares from these levels.GM had traded above $45 per share before the trade war began. Perhaps some will buy in hopes that the trade war will end soon. But no matter what, income-oriented investor who bought at a lower price should stay the course. For this group, I still think General Motors stock offers a compelling value proposition. The annual payout of $1.52 per share has remained steady since 2016.These payments also amount to a dividend yield of about 4.2%. This comes in at more than double the S&P 500 average of around 2%. That said, it's also lower than the 6% yield on Ford (NYSE:F). However, Ford cut this payment from last year's levels. The stability of GM's payout should give it an edge over Ford among some investors. The Bottom Line on General MotorsDespite the problems plaguing GM, investors have few reasons to sell. Yes, tariffs, changing customer preferences, and technology could cause issues for General Motors stock. However, these conditions have taken GE's PE ratio below 6 and its dividend yield well above 4%.Even with few prospects for share price growth, the company is uniquely positioned to give income investors a higher-than-average return. Moreover, an end to the trade war could also boost the GM stock price.Unless the U.S. and China sign a trade agreement, investors should not expect any significant multiple expansion for the foreseeable future. Still, for investors who care primarily about dividends, GM stock remains well-positioned to deliver a consistent, generous payout.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 High-Quality Cheap Stocks to Buy With $10 * 7 U.S. Stocks to Buy With Limited Trade War Exposure * 6 Growth Stocks That Could Be the Next Big Thing Compare Brokers The post Tariff, Consumer Challenges Are Priced Into GM Stock appeared first on InvestorPlace.
- 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.
