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Shares of Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG), known for its Google subsidiary, are up an impressive 34% in the past year and currently trading just a few points from their all-time high.
A ticker symbol or stock symbol is an abbreviation used to uniquely identify publicly traded shares of a particular stock or security on a particular stock exchange. Ticker symbols are arrangements of symbols or characters (generally Latin letters or digits) which provide a shorthand for investors to refer to, purchase, and research securities.
It consisted of a paper strip that ran through a machine called a stock ticker, which printed abbreviated company names as alphabetic symbols followed by numeric stock transaction price and volume information. The term "ticker" came from the sound made by the machine as it printed.
In 2022, Alphabet was the company with the second-highest expenditure on research and development worldwide, with R&D expenditure amounting to US$39.5 billion. [68] In 2023, Alphabet was ranked 7th in the Global 2000 (World's Largest Public Companies). [69] On 26 April 2024, Alphabet surpassed a market valuation of $2 trillion for the first time.
Alphabet's (GOOG, GOOGL) stock surged 6% in morning trading Wednesday after the Google parent reported fiscal third quarter earnings that beat analysts' estimates on the top and bottom lines, ...
Alphabet stock was up roughly 10% during the session. Revenue, excluding traffic acquisition costs, rose 16% from the same period last year to $67.59 billion, beating analyst expectations of $66. ...