Tag Archives: alphabet stock

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...

The world’s fifth-largest technology company by revenue Alphabet has recently appointed a new CEO. One of the world’s most valuable companies welcomed Google CEO Sundar Pichai. As we reported earlier, Pichai replaced Larry Page and Sergey Brin, Alphabet founders who decided to step down. Soon after promotion, Pichai got a new surprise: the Alphabet board announced awarding Pichai a hefty raise in salary. Now, Sundar’s earnings will make up $2 million per year starting from January, 1....

Google’s parent company Alphabet, has announced that it has added Nobel laureate Frances Arnold to its board of directors. Arnold who received 2018’s Nobel Prize in Chemistry, is now the third woman on the tech giant’s board.In a tweet posted yesterday by Alphabet CEO Sundar Pichai, Arnold will be bringing her “incredible academic and industry expertise with a career spanning chemistry, engineering, renewable energy and more,” to the company.I’m thrilled to welcome @francesarnold to the...

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...

Anybody who knows anything about the U.S. Stock Market is already familiar with FAANG. An acronym for the five biggest, most popular and impressive tech stocks with significant performance, FAANG stocks have been trailblazers for more than a few years now.They’ve been so certain that people have largely formed a habit of buying into any of the five companies – Facebook (FB), Amazon (AMZN), Apple (AAPL), Netflix (NFLX) and Google’s (GOOGL) parent company, Alphabet – as a completely sure way of...

As part of an email sent to customers recently, Google has now announced that it will be closing down its online shopping platform, Google Express, sometime in the next few weeks. The functions available on the platform will now be on-boarded with a new version dubbed Google Shopping.Back in May, the company announced a new and redesigned Google Shopping platform which will include a universal shopping cart of sorts, embedded with the company’s other offerings including Images, Search and...

Over the years, many investors have used several different methods and strategies, to ensure they have a strong enough position in the stock market. One sure way that pretty much guaranteed a significant passive income, was to buy FAANG (Facebook, Apple, Amazon, Netflix and Google/Alphabet) stocks and just watch them grow, as they are wont to do.This method has driven not just profits, but a generally positive sentiment among investors for a few years. However now, it seems those glory days...