Alphabet (GOOGL)
(Delayed Data from NSDQ)
$163.38 USD
+1.60 (0.99%)
Updated Aug 30, 2024 04:00 PM ET
After-Market: $163.20 -0.18 (-0.11%) 7:58 PM ET
3-Hold of 5 3
C Value B Growth A Momentum B VGM
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$163.38 USD
+1.60 (0.99%)
Updated Aug 30, 2024 04:00 PM ET
After-Market: $163.20 -0.18 (-0.11%) 7:58 PM ET
3-Hold of 5 3
C Value B Growth A Momentum B VGM
Zacks News
Alphabet is one of the most innovative companies in the modern technological age. Over the last few years, the company has evolved from primarily being a search-engine provider to cloud computing, ad-based video and music streaming, autonomous vehicles, healthcare providers and others. In the online search arena, Google is a monopoly with more than 94% of the online search volume and market. Over the years, the company has witnessed increase in search queries, resulting from ongoing growth in user adoption and usage, primarily on mobile devices, continued growth in advertiser activity, and improvements in ad formats. The company is gaining market share in the cloud-computing, driven by continued strength in Google Cloud Platform and G Suite offerings.
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No major surprises emerged from the Q4 cycle, with the tone and substance of management guidance remaining largely favorable. What can we expect in 2024 Q1?
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Alphabet (GOOGL) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.