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Read More »How Google evolved from ‘cuddly’ startup to antitrust target
Google parent Alphabet’s stock rises into record territory after Mizuho boosts price target
Shares of Google parent Alphabet Inc. GOOGL, +3.09% gained 0.8% in premarket trading, putting them on track to open in record territory, after Mizuho analyst James Lee raised his price target, citing signs that Google’s search advertising was tracking “modestly” ahead of expectations. Lee lifted his target to $1,750, which is 12% above Monday’s closing price, from $1,650, while maintaining the buy rating he’s had on the stock for at least the past three… Source link
Read More »Google pledges not to use Fitbit health data to target ads
With the clock ticking on a European Commission probe into Google’s $2.1 billion bid for Fitbit, the tech giant offered regulators a concession late Monday, agreeing not to use Fitbit’s trove of health data to help target ads. Google had been staring down the possibility of a sweeping antitrust investigation by European regulators that was the latest in a series of probes into its deal with Fitbit announced last November. But the tech giant had a potential way to avoid the full thrust… Source link
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