Alphabet, Wall Street
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Some pundits are underplaying the big picture when it comes to shares of Alphabet.
Stocks were mixed Thursday and the Dow Jones Industrial Average declined as UnitedHealth Group fell after saying it was “complying with formal criminal and civil requests” from the U.S. Department of Justice, and as IBM slumped following its second-quarter earnings.
Most leaders in the tech industry owe their wealth to founding equity stakes in their platforms, which Google’s Sundar Pichai does not have.
JPMorgan Chase is an advertising partner of Motley Fool Money. Adam Spatacco has positions in Alphabet and Nvidia. The Motley Fool has positions in and recommends Alphabet, Goldman Sachs Group, JPMorgan Chase, and Nvidia. The Motley Fool has a disclosure policy.
Sundar Pichai's fortune could have increased by a billion dollars had he chosen to hold onto Google shares sold over the past decade.
We recently published 9 Stocks Jim Cramer Discussed As He Commented On Big Tech. Alphabet Inc. (NASDAQ:GOOGL) is one of the stocks Jim Cramer recently discussed.
For me, the main stock story on Opening Bid today was Alphabet. The numbers were so strong that one has to wonder why the stock didn't gain more — especially considering shares trade at a discounted forward PE ratio relative to the S&P 500 ( ^GSPC ).
The S&P 500 and Nasdaq traded near all-time highs at midday as a strong earnings report from Alphabet lifted big tech stocks.
While there are lingering concerns about Google’s search business in the long run, analysts see some positives ahead of upcoming second-quarter results.
Shares of the EV maker pared losses and traded close to flat in afterhours trading, following results that showed net income plunging 16% and automot
Shares of Alphabet (GOOGL) climbed Thursday, a day after the Google parent posted better-than-expected earnings and said it would boost its capital spending this year by $10 billion. The company's Class A shares,