Tag Archives: Alphabet

CNBC’s Jim Cramer expressed optimism Wednesday toward Google‘s new health-care venture with hospital chain HCA Healthcare, heralding the deal as the latest positive catalyst for shares of the technology giant. “It’s the kind of thing that makes you want to buy the stock, and even though Google’s up 36% for the year … I think it’s got a lot more room to run,” said the “Mad Money” host, who currently holds a favorable outlook on the broader cohort of FAANG stocks. Under the partnership with… Source link

Alphabet’s GOOGL division Google has rolled out international money transfer feature on its payment app, Google Pay, in collaboration with Wise and Western Union. Notably, the new remittance facilityenables Google Pay users in the United Statesto transfer money via the app to users residing in India and Singapore. For leveraging the new facility, senders will be charged a fee that will be displayed when the money transfer will take place. The people receiving money will be free of any… Source link

Sergey Brin attends the 2019 Breakthrough Prize at NASA Ames Research Center on November 4, 2018 in … [+] Mountain View, California. Photo by Kelly Sullivan/Getty Images for Breakthrough Prize Googl GOOG e cofounder Sergey Brin sold $32.7 million worth of Alphabet shares last week, marking his first sale of the tech giant’s stock since 2017. According to SEC filings, Brin sold 13,889 Alphabet shares on Friday—a tiny sliver of his more than 38 million shares in the… Source link

(Bloomberg) — Alphabet Inc. and Facebook Inc. tumbled on Monday, leading a broad move lower in internet stocks after Citigroup Inc. warned about the outlook for digital advertising, a key source of revenue for the sector. The firm downgraded both names to neutral from buy, writing that “caution is in order” for companies that derive revenue from digital advertising. While ad budgets are expected to continue shifting online, growth is likely to decelerate, and “historically, that… Source link

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Google parent Alphabet Inc. rang up record profits for a third straight quarter during the pandemic, catapulting shares 5% to a 52-week high in after-hours trading Tuesday. The search-engine behemoth  GOOGL, -0.82% GOOG, -0.84% reported net income of $17.93 billion, or $26.29 a share in its fiscal first quarter, compared with net income of $6.84 billion, or $9.87 a share, in the year-ago quarter. Revenue after… Source link

TipRanks 2 “Strong Buy” Stocks Around $10 With Triple-Digit Upside Potential The S&P 500 rose to another record high on Friday, and at least one strategist believes we’re at the start of a new bull market. Writing from LPL Financial, chief market strategist Ryan Detrick noted several market-historical points that indicate sustained gains are in the offing. Key among his points are the first quarter returns and the breadth of the current stock rally. On returns, Detrick highlights that… Source link

An open letter addressed to Google (GOOG) and Alphabet CEO Sundar Pichai, published online on Friday, made two demands: the company stop those who are found to have harassed other employees from managing anyone and the company move anyone who has been found to have harassed others to another team. As of Friday afternoon, it appeared to have been signed by more than 1,000 company employees. “Alphabet workers deserve the right to work in an environment free from their abusers,” the letter said…. Source link

More than 500 Alphabet employees have signed an open letter demanding Google stop protecting the subjects of harassment complaints. The move comes two days after former Google engineer Emi Nietfeld wrote an op-ed in The New York Times alleging that she was forced to have one-on-one meetings with the man who harassed her — and sit next to him in the office — even after she filed an HR complaint. “This is a long pattern where Alphabet protects the harasser instead of protecting the… Source link

Alphabet’s GOOGL division Google is adding useful and smart updates to its Maps app in a bid to capitalize on the uptake of digital maps throughout the world. New updates include navigating indoors with Live View, more information on weather and air quality and eco-friendly routes. In addition to these, the company is updating the delivery and curbside pickup feature of Google Maps. The latest move bodes well for its growing efforts toward delivering an advanced and seamless mapping… Source link