Alphabet (GOOGL) stock gained 8.28% on Monday. Today it is 3.12% up in the pre-market. Does its current trading price show the actual value of its? Or is the stock undervalued now?When it comes to Alphabet Inc (NASDAQ: GOOGL) stock, it’s hard to always win or lose. The stock has been pretty volatile in the last few weeks, especially after the global outburst of the coronavirus pandemic.The company’s stock saw significant share price movement during recent months on Nasdaq, rising to highs of...
Read More »Alphabet (GOOGL) Stock Rose 1% Yesterday but Fell Around 3% in Pre-market Today
Alphabet (GOOGL) stock price has been topsy-turvy. This, however, doesn’t change the company’s profit outlook as investors expect increased demand due to the COVID-19 situation.Alphabet Inc (NASDAQ: GOOGL) stock prices have been volatile in recent times. Sources say that the technology giant’s stock has had a rough time. This has been mostly due to the COVID-19 situation. This hasn’t slowed the demand for Google’s products. Google which is Alphabet’s child company, has seen an increase in the...
Read More »Alphabet (GOOGL) Stock Falls 3% Today, Google Launches COVID-19 Portal
While Google is working on its COVID-19 website, Alphabet (GOOGL) stock is trading in the red. Now its price is around $1036 per share.Google is one of the most famous companies in the world. It works virtually, doesn’t consume oil, metals and corporate loans. However, it lost 1/3 of the stock price, driving one from $1,509 diapason to $1,037 during the last 30 days. Alphabet Inc (NASDAQ: GOOGL) stock lost a bit at the beginning of the downwards spiral, with price moving to $1,300-1,400...
Read More »Alphabet (GOOGL) Stock Is in Red But It Looks Bullish in the Long Term
In the very recent past, Alphabet (GOOGL) stock has plunged a bit. However, the general trajectory and report of the company look quite positive.With a market cap over $1 trillion, Alphabet Inc. (NASDAQ: GOOGL) stock is a top tech stock and one of the world’s most valuable companies. All of the different facets of large tech companies like these make them very attractive to investors and also keeps them soaring higher. Regardless, even some of the biggest falter, as market factors do not...
Read More »Google Parent Alphabet Posts 17% Revenue Growth in Q4 but GOOGL Stock Goes Down
Google‘s parent company Alphabet Inc. announced on Monday that its revenue was $46.07 billion in the fourth quarter of 2019. That represents a rise of 17% on an annual basis. The company reported diluted earnings per share (EPS) at $15.35 in the same quarter that represents a growth of 20% year-over-year.Net income increased by 19.2% to $10.67 billion in the closing quarter of fiscal 2019. Operating income stood at $9.27 billion over the same period, rising 12.8% annually.For the whole year...
Read More »Google Set to Buy Smartwatch Maker Fitbit for $2.1 Billion
About a week ago, rumors regarding Google’s parent Alphabet’s decision to acquire American wearable maker Fitbit, surfaced online. Now, Google has officially confirmed that it will buy the Fitbit company in a new deal worth $2.1 billion. This move from Google can be said to be one in the direction of the tech giant’s desire to hold a larger stake in the wearables business, an area mostly dominated by a rival company Apple.An official statement from Google’s Senior Vice President for Devices...
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