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The parent company of Google, Alphabet, saw its share price open on Wednesday more than seven per cent lower than Tuesday’s close, following their latest financial results release.. Despite ...
Though fourth-quarter earnings per share, at $2.15, slightly exceeded estimates, Alphabet's revenue of $96.47 billion fell short of the $96.56 billion expected by analysts.
US stocks reverse early losses to end higher on Wednesday despite Alphabet's drop. Investors shift to other firms with strong outlooks. ... Gold prices topped $2,900 an ounce for the first time ...
JP Morgan Analyst Doug Anmuth. Rating: Overweight/Reiterated Price Target: $220/Down from $232 "We believe the biggest pushbacks to the quarter come around 3 C’s: 2025 Capex, Cloud revenue ...
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.
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.
For the quarter Alphabet reported earnings per share (EPS) of $2.15 on revenue of $96.4. Analysts were looking for EPS of $2.13 and revenue of $96.6 billion.
Alphabet entered the day just over $193 per share, so Anmuth's target would amount to roughly 20% upside. ... with a $232 price target. Alphabet entered the day just over $193 per share, so Anmuth ...