Alphabet
2025.01.24
04:09
Trump slams EU targeting of U.S. tech companies like Apple and Google as 'a form of taxation'
U.S. President Donald Trump slammed European Union regulators for targeting Apple, Alphabet Inc.’s Google and Meta, calling the EU’s charges against U.S. companies “a form of taxation.” “Whether you like it or not, these are American companies,” Trump said in a speech at the World Economic Forum in Davos. “They shouldn’t be doing this. It’s a form of taxation in my opinion. We have a very big problem with the European Union.” Trump specifically mentioned Apple’s loss at the European Court of Justice last year over a 13 billion euro Irish tax bill. The Luxembourg-based EU court upheld a landmark 2016 ruling that Ireland had violated state aid laws by giving Apple an unfair advantage. The comments marked the start of an expected clash between Trump and the European Union over the latter’s tech regulation. The EU is conducting dozens of separate investigations, and Apple, Google, Meta and Trump confidant Elon Musk’s X platform could all face billions of dollars in fines or even forced divestment orders.
2025.01.20
19:56
Bank of Montreal: Raised its price target for Google parent company Alphabet (GOOG.O) from $217 to $230.
2025.01.10
14:59
Goldman Sachs warns: S&P 500 total return may be only 3% over the next decade
Goldman Sachs analyst Peter Oppenheimer warned that the recent strong rebound in US stocks has brought the current stock market valuation to a perfect level. He believes that the perfect money-making environment in the US stock market may not last long because investors are digesting rising bond yields, inflated valuations and uncertainty about further interest rate cuts. Although the stock market is expected to rise further this year, mainly driven by earnings, the stock market will become increasingly vulnerable to further increases in bond yields and disappointing economic data or earnings growth. He said that the high valuation of stocks may limit future returns because studies have found that it is extremely difficult for companies to maintain high sales and profit margins for a long time, so investors may choose to sell stocks due to poor performance. In the next decade, stocks may also face fierce competition from other assets, such as Bitcoin. Goldman Sachs expects the total return of the S&P 500 index to be only 3% in the next decade. He also mentioned that the abnormally high market concentration will increase the risk of the portfolio, and he is particularly worried about Apple, Nvidia, Microsoft, Alphabet and Amazon, which account for a quarter of the S&P 500 index. If these companies are disappointed in their performance or the trading environment deteriorates, the market may see a wider adjustment.
2025.01.06
10:38
Goldman Sachs: S&P 500 expected to reach 6,500 by year end
Goldman Sachs published a report, saying that it expects the S&P 500 index to rise to 6,500 points by the end of this year, mainly driven by corporate profit growth; it estimates that earnings per share will grow by 11% this year and 7% next year, and the price-earnings ratio is expected to remain at about 21.5 times by the end of the year. Goldman Sachs said that the total return rate of the S&P 500 index reached 25% last year, and it was the second consecutive year that the return rate exceeded 20%. The last time the S&P 500 index returned more than 20% for two consecutive years was in 1998 and 1999. Nearly half of the annual return last year came from five stocks, namely Nvidia, Apple, Amazon, Alphabet and Broadcom.
2024.12.23
15:17
Citigroup raises Alphabet price target to $232 from $216
Citigroup raised its price target on Alphabet to $232 from $216 and maintained its "buy" rating.
2024.12.21
12:14
Google responds to the U.S. Department of Justice's plan to "force the sale of Chrome": "extreme" and contrary to the law
On December 20, local time, Google, a subsidiary of Alphabet, said that the U.S. Department of Justice's plan to force it to sell the Chrome browser was "extreme" and contrary to the law, and urged federal court judges to act with caution so as not to stifle innovation and future investment. Court documents show that Google responded to the Justice Department's request and proposed its own remedies. Google proposed to relax agreements with Apple and other companies regarding default browsers. Google said that non-exclusivity can be set, and for Android phone manufacturers, its Play app store can be separated from the Chrome browser. On November 20, local time, the U.S. Department of Justice and some states proposed a series of rectifications to Google's business practices, including forcing the company to sell its Chrome browser business.
2024.12.17
07:27
Alphabet's Waymo reportedly to enter Japan's self-driving taxi market
Waymo, Alphabet's driverless car division, is set to enter Japan's self-driving taxi market and may be linked to ride-hailing apps.
06:30
Waymo, a subsidiary of Google's parent company Alphabet, will enter Japan's self-driving taxi market
According to Japan's Yomiuri Shimbun, Waymo, a subsidiary of Google's parent company Alphabet, will enter Japan's self-driving taxi market.
2024.12.16
22:51
Google parent company Alphabet's stock price hit a record high during intraday trading
Shares of Google's parent company Alphabet hit an all-time high during trading and were last up 2.2%.
22:51
Shares of Google (GOOG.O) parent Alphabet hit an all-time high during trading and were last up 2.2%.
2024.12.10
21:18
A spokesperson for the European Commission confirmed that it had sent a request for information to Alphabet (GOOG.O) on September 18 regarding platform advertising practices. The Commission is currently evaluating the company's response to decide on possible next steps.
2024.12.04
20:53
U.S. stock futures boosted by tech stocks
① U.S. stock index futures performed well on Wednesday, with the S&P 500 futures up 0.3%, the Dow Jones Industrial Average up 180 points, and the Nasdaq futures up 0.6%, thanks to the strong performance of technology stocks. ② On Tuesday, both the S&P 500 and the Nasdaq Composite hit record highs. ③ Salesforce's stock price soared more than 12% in pre-market trading as its revenue exceeded expectations. ④ Marvell Technology's stock price also soared nearly 13% after issuing strong earnings guidance. ⑤ Shares of technology giants such as Apple, Microsoft, Nvidia, Amazon and Alphabet also rose, up 0.2%, 0.9%, 1%, 0.9% and 0.3%, respectively. ⑥ At the same time, traders are waiting for the ADP report, ISM services PMI data and a speech by Fed Chairman Powell to assess the strength of the U.S. economy and the Fed's plans this month.
2024.12.03
01:51
Google opposes jury trial in states' ad tech antitrust lawsuit
Alphabet's Google is pushing for a bench trial instead of a jury trial in a group of state antitrust lawsuits that accuse the company of monopolizing advertising technology. In a motion filed on Sunday in the U.S. District Court for the Eastern District of Texas, Google said the Seventh Amendment's right to a jury trial does not apply to state antitrust claims or allegations under deceptive trade practices laws. It also asked the court to dismiss the states' request for a jury to participate in potential civil penalties. (Sina Finance)
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