Alphabet (GOOGL)
(Delayed Data from NSDQ)
$171.25 USD
+3.15 (1.87%)
Updated May 7, 2024 04:00 PM ET
After-Market: $170.46 -0.79 (-0.46%) 7:58 PM ET
1-Strong Buy of 5 1
D Value B Growth A Momentum B VGM
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$171.25 USD
+3.15 (1.87%)
Updated May 7, 2024 04:00 PM ET
After-Market: $170.46 -0.79 (-0.46%) 7:58 PM ET
1-Strong Buy of 5 1
D 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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Time to Buy the Surge in Alphabet's (GOOGL) Stock After Earnings?
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The headline numbers for Alphabet (GOOGL) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.