Tag Archives: alphabet

Facebook (FB) stock price is moving higher despite all the noise around the company partially caused by Elon Musk’s negative position toward it.Last few years we are witnessing Facebook getting numerous objections from many sides. It all culminated when its CEO Mark Zuckerberg last year publicly admitted that the company won’t ever be included in checking the credibility of political parties that are advertising on the social network. Of course, it all was sparked even more when it’s...

The Google Play Store might be getting some competition from Chinese giants including Huawei and Xiaomi as they create a new platform. This announcement hasn’t had any negative influence on GOOGL stock.In many sectors all over the world, a few heavy hitters are known to ensure an undesired level of dominance. For most of them, other potential competitors almost don’t stand a chance. However, there’s a chance that efforts from China are taking on the dominance that Google holds, especially...

In a quest to fund the Blue Origin project, Amazon CEO Jeff Bezos continued with his initial plan to sell shares. He has now sold $3.5 billion worth of shares in a week after AMZN stock jumped higher and the company joined the $1 trillion club.Amazon CEO Jeff Bezos has sold almost $3.5 Billion worth of Amazon’s (AMZN) shares in the last one week, in the quest to fund his aerospace project Blue Origin. According to filings from the Securities and Exchange Commission (SEC), Jeff sold slightly...

Amazon joined Microsoft, Apple, and Google (Alphabet Inc) to rank among the wealthiest companies in the U.S. with a market cap of over one trillion dollars on February 4, 2020. Now it is a new member of the elite $1 trillion club.Amazon joined Microsoft, Apple, and Google’s parent Alphabet to tank among the wealthiest companies in the U.S. The other three entered the elite club for the first time in January 2020. All of them together make up the “Trillion Dollar Club.”Up to today, only these...

Google‘s parent company Alphabet released its Q4 2019 earnings report on Monday. February 3. With 2019’s total revenue standing at $162 billion, Alphabet also registered an 18% YoY growth.Surprisingly, Alphabet also unveiled the earnings of its popular video content distribution platform YouTube for the very first time. Youtube saw its quarterly Q4 earnings standing at $5 billion and its annual earnings standing at $15 billion. Youtube’s earnings saw a 36% jump in 2019 compared to its $11.2...

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...

Amazon has released impressive earnings figures for its fourth quarter. The figures show that the company beat its expectations for what its efforts for the quarter would yield. Amazon announced that its holiday sales profit crossed $3 billion. In response, Amazon stock jumped 13%, pushing its valuation into the neighborhood of $1 trillion.Amazon Holiday Sales Quarter HighlightsAmazon reported a total profit of $3.3 billion for the holiday quarter recently concluded with a total revenue of...

As per reports on January 28, 2020, CEO of Apex Clearing, Bill Capuzzi, stated that it is interesting to witness how the investing habits of millennials have shifted over the past year, claiming that millennials have proven to be unique and differed from their generational counterparts.Apex Clearing has disclosed the fourth-quarter Millenial 100 report that analyzed over 734,000 portfolios possessed by U.S.-based investors with an average age in the region of just 31 years. The result was...

Last week on Friday, January 17, Google‘s parent company Alphabet hit the trillion-dollar milestone. Alphabet became the fourth public listed tech company to achieve this feat.Despite staying in controversy with the regulators over the issues of privacy concerns, Alphabet had a good show in 2019 in the stock market. The Alphabet stock surged nearly 50% in a single year thereby pushing the company’s growth.Apple Inc. was the first company to achieve the trillion-dollar milestone in 2018,...

Google‘s parent company Alphabet has hit a new milestone with its market hitting one trillion dollars. Google’s is the fourth global company to attain this feat just after Sundar Pichai became the CEO of Alphabet in December 2019.On Thursday, January 16 closing, the Alphabet stock was trading at $1450 with its market cap striking $1 trillion. In the last year, Alphabet’s stock has surged nearly 50% giving handsome returns to the investors. Thus, Alphabet stock was a shining start in 2019’s...