Alphabet Inc. (GOOG)
| Market Cap | 2.20T |
| Revenue (ttm) | 318.15B |
| Net Income (ttm) | 82.41B |
| Shares Out | 12.32B |
| EPS (ttm) | 6.52 |
| PE Ratio | 27.37 |
| Forward PE | 23.57 |
| Dividend | $0.80 (0.45%) |
| Ex-Dividend Date | Jun 9, 2024 |
| Volume | 17,438,909 |
| Open | 177.31 |
| Previous Close | 177.29 |
| Day's Range | 177.23 - 179.95 |
| 52-Week Range | 115.83 - 179.95 |
| Beta | 1.02 |
| Analysts | Buy |
| Price Target | 187.30 (+4.95%) |
| Earnings Date | Apr 25, 2024 |
About GOOG
Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in the Google Play and YouTube; and devices, as well as i... [Read more]
Financial Performance
In 2023, Alphabet's revenue was $307.39 billion, an increase of 8.68% compared to the previous year's $282.84 billion. Earnings were $73.80 billion, an increase of 23.05%.
Financial StatementsAnalyst Forecast
According to 39 analysts, the average rating for GOOG stock is "Buy." The 12-month stock price forecast is $187.3, which is an increase of 4.95% from the latest price.
News
Google, Meta warned that undersea internet cables at risk for Chinese espionage: report
The concerns are reportedly centered on underwater fiber-optic cables in the Pacific Ocean that are partially owned by the Big Tech firms and used to maintain the flow of data from the US to Asia.
Google invests 1 billion euros in Finnish data centre to drive AI growth
Alphabet-owned Google will invest a further 1 billion euros ($1.1 billion) into the expansion of its data centre campus in Finland to drive its artificial intelligence (AI) business growth in Europe, ...
Google remains focused on its long quest for your eyeballs
AI Overviews, announced this week, are the culmination of a long line of products dedicated to keeping you on Google.com
Age of the AI agents: OpenAI's GPT-4o and Google's Project Astra
AI has moved into a new era – from chatbots to AI agents capable of having instantaneous, real-time conversations as showcased by Microsoft-backed OpenAI's GPT-4o and Google's Project Astra. We break ...
Final Trades: Alphabet, Honeywell, Prudential and Hercules Capital
The Investment Committee gives you their top stocks to watch for the second half.
Biggest AI winners will come down to Meta and Google, says Deepwater Asset's Munster
Gene Munster, Deepwater Asset Management, joins 'Squawk on the Street' to discuss which tech companies will be impacted most by AI, the kinds of companies growing from artificial intelligence, and mor...
Google seeks non-jury trial in US ad tech lawsuit, filing says
Alphabet's Google in a court filing on Thursday is seeking a non-jury trial in the U.S. Justice Department's lawsuit accusing the advertising and search giant of anticompetitive practices in the onlin...
GOOGL, AMZN, IBM: Important Recent A.I. Developments
What does the ChatGPT update mean for A.I. development?
Why Microsoft is still ahead of Google in the war for AI developers
Google, despite its technical prowess, will need to double down on its efforts to simplify and streamline its AI offerings for developers if it hopes to catch up.
Three-Stock Lunch: MSFT, BA & GOOGL
Boris Schlossberg, BK Asset Management managing director of FX strategy, joins 'Power Lunch' to discuss plays for three stocks including; Microsoft, Boeing and Alphabet.
Google Finally Feels Like a Search Company Again
Commentary: Search was at the core of Google I/O, even though it looks much different from the Google search we're used to.
Tech job cuts ease a bit in Bay Area as industry layoffs haunt region
The Bay Area's wobbly tech industry is showing signs of stabilizing after suffering years-long waves of wrenching layoffs unleashed by the sector's quest for improved efficiency.
Google's AI search revamp puts publishers in a quandary
Google's use of artificial intelligence to sum up answers to search queries has publishers wondering if traffic to their websites will wither.
Turkish competition board fines Google over failure to comply with regulation
The Turkish competition authority said on Thursday that it decided to fine Google over its failure to fulfil obligations regarding a part of its local search services.
Senators urge $32 billion in emergency spending on AI, including safeguards
WASHINGTON — A bipartisan group of four senators led by Majority Leader Chuck Schumer is recommending that Congress spend at least $32 billion over the next three years to develop artificial intellige...
Bill Ackman's Pershing Square dumps stake in Lowe's, keeps Google
Hedge-fund manager Bill Ackman's Pershing Square Capital Management liquidated its shares of Lowe's Cos. in the first quarter, according to a regulatory filing Wednesday.
Here are some of the tech stocks Daniel Loeb's Third Point hedge fund has snapped up
Daniel Loeb's Third Point hedge fund has gone deeper into stocks of major tech companies, a filing with the Securities and Exchange Commission showed late Wednesday.
Google Launches Search Engine Version Powered by Generative AI
Ayako Yoshioka, Portfolio Manager at Wealth Enhancement Group, joins Ed Ludlow and Caroline Hyde to discuss Google's latest announcements from its developer conference, and why Google is now facing a ...
Google to overhaul search experience with AI tools
CNBC's Deirdre Bosa reports on news from Google's I/O conference.
Google unveils new AI, search capabilities at I/O conference
Alphabet (GOOGL, GOOG) unveiled its latest generation of generative AI features and systems at its Google I/O developer conference in Mountain View, California. Goldman Sachs has labeled Google as the...
Reasons to Avoid Apple (AAPL), Tesla (TSLA), Alphabet (GOOGL)
Could Apple (AAPL) outperform mega cap tech in the short term? Dan Niles discusses mega cap tech stocks to watch long-term.
Alphabet is leading the AI race, according to Goldman Sachs
Alphabet (GOOGL, GOOG) showed off its latest AI offerings at its Google I/O developer conference on Tuesday. Goldman Sachs sees the Google parent company as the premier AI innovator as it integrates l...
Alphabet, Microsoft, Amazon, and Other Tech Stocks in Focus Today
Google-parent Alphabet was in the spotlight after its developer conference on Tuesday, where it promised a raft of new artificial-intelligence features across its services.
Google unveils new AI models
CNBC's Steve Kovach joins 'Squawk Box' to discuss the latest products unveiled at Google's annual developers conference, I/O.
Google Regains AI Initiative by Playing to Its Strengths
Adding generative AI to search and Android shows the tech giant's distribution muscle while lessening risk to key businesses.