Alphabet is reportedly finding its stride with support at a 200-day line, thereby sparking discussions on whether Google is a smart investment. The value of Alphabet's stocks, both
GOOG and GOOGL, and their performance are also under scrutiny. Amidst the tension, Google stocks have seen a drop due to speculation over a potential company breakup. Looking back at the company's public status for the past 20 years and a hypothetical investment of $1000 then would yield significant results today. Despite
Google's robust AI performance and financial status, the company's stock stills falls short of expectations relating to its valuation at $2 trillion. Meanwhile, Google's rise in AI business does not sway critics labeling the stocks as costly, even for a successful firm. As Google unveils Gemini AI assistant alongside Pixel 9 phones, the future of Google's parent,
Alphabet, looks promising. However, amidst all success, Google's high standing gets a bit shaky due to reports of DOJ possibly seeking an Alphabet breakup. As Wall Street focuses on operating margins and Alphabet's new CFO, questions of Google's viability as a future-buy arise.
Google Stocks News Analytics from Thu, 04 Jan 2024 08:00:00 GMT to Sat, 24 Aug 2024 17:45:59 GMT -
Rating -2
- Innovation 1
- Information 4
- Rumor -5
