Alphabet ( GOOG 1.63%) ( GOOGL 1.58%) stock got a small lift on Tuesday, rising 2% higher through 10:30 a.m. ET. The move came in response to President Trump, in one of his first acts in office in his second term, signing an executive order that revoked another executive order (by his predecessor Joe Biden).
The danger for Google isn’t that it loses market share in search, but rather that search becomes subsumed within the broader category of AI. Just ask Microsoft about Windows PCs.
While regulatory pressures and increasing competition pose significant risks, the company's strong financial position - evidenced by its return on equity of 32% and robust cash flows - ongoing AI innovations,
Google's strong market position is maintained through advanced algorithms, customer loyalty, and an extensive ecosystem. Read why GOOG stock is a Buy.
The Google stock price has jumped to a record high this year. Alphabet has become the cheapest company in the Magnificent 7
Indonesia's antitrust agency on Tuesday ordered Google to pay fines of around 202 billion rupiah ($12.4 million) for unfair business practices related to its payment system services for Google Play Store,
Montaka Global Investments, an investment management company, released its fourth quarter 2024 investor letter. A copy of the letter can be downloaded here.
CEO Sundar Pichai described current trends as "extraordinary," projecting confidence in the company's forward outlook. Wall Street analysts anticipate continued momentum in 2025 with 11.6% revenue growth and an EPS target of $8.99, a solid 12.5% year-over-year increase.
Sundar Pichai has a massive bank statement of $1 billion, according to Celebrity Net Worth. According to Celebrity Net Worth, his salary is a whopping $100 million.
Mizuho Securities analyst James Lee has maintained their bullish stance on GOOGL stock, giving a Buy rating yesterday.Invest with Confidence:
Tim Sweeney, CEO of Epic Games, remains committed to the company's decades-long legal battle against Apple and Google over app store practices, acknowledging potential financial struggles but vowing to continue the fight while expanding Epic's mobile game store with favorable revenue-sharing terms.
Apple Inc. and Oracle Corp. have reacted differently to President Donald Trump's pledge that the US government won't enforce a national security law that raised potential penalties for US partners of the popular video app TikTok.