Alphabet Inc Class C
NASDAQ: GOOG
$182.28
+$3.95 (+2.2%)
Closing Price on November 7, 2024
GOOG Articles
CEO Jeff Bezos says Amazon Web Services has reached the level of the parent company's total revenue 10 years ago, and currently its grows at a rate faster than Amazon's more traditional businesses.
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Facebook's market cap rose $40 billion to $340 billion during the first quarter as investor sentiment moved sharply in the direction of the world's largest social network.
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While all these companies could be dinged by a big Google Cloud effort, they are all reasonably solid on their own and should ultimately withstand the challenge.
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The Reputation Institution has released its list of top 100 most reputable companies based on U.S. consumer perceptions.
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Revenues from streaming music became the single largest component of U.S. recorded music industry sales in 2015, accounting for more than a third of all recorded music sales.
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When Amazon launched AWS in 2006, the idea that individuals and corporations would store their critical data on someone else's hardware was nearly unthinkable. That's all changed now.
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Out of a total audience of nearly 259 million unique U.S. digital media users, fully 94% visited a property owned by Alphabet in February.
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The global market for smartwatches, fitness trackers and other wearable devices is forecast to reach 110 million units in 2016, rising to about 237 million devices by 2020.
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Most investors cannot afford to buy stocks priced over $500, as even a small number of shares would require an investment of thousands of dollars. These six companies have share prices over $500.
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Fossil announced Tuesday morning that the company plans to introduce more than 100 new wearable products under eight different brands in time for the 2016 holiday season.
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As the recent stock market correction showed, tech company share prices are fragile. Alphabet has one Achilles heel, and that is its original Google search business.
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Online storage company Dropbox reached a milestone as its user base hit 500 million. It is not clear that Dropbox can turn that into value, as far as investors are concerned.
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For the three-month period ending in January, Apple added to its share of the U.S. smartphone subscriber market and now leads all original equipment manufacturers.
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Dropbox has growing competition, and much of it is from larger companies that have more balance sheet and marketing firepower.
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Should the rally continue to pick up steam, equity investors will be well served to own stocks that will benefit among the most.
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