Alphabet (GOOGL)
(Delayed Data from NSDQ)
$163.59 USD
+1.45 (0.89%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $163.64 +0.05 (0.03%) 7:58 PM ET
3-Hold of 5 3
C Value B Growth C Momentum B VGM
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$163.59 USD
+1.45 (0.89%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $163.64 +0.05 (0.03%) 7:58 PM ET
3-Hold of 5 3
C Value B Growth C 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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Alphabet (GOOGL) Dips More Than Broader Market: What You Should Know
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Given TEAM's decelerating sales and customer growth, along with competitive pressure, it is wise to stay away from investing in the stock right now.