27 04, 2023

Google Beats Estimates and Will Buyback $70b in Stock: is it Enough to Earn GOOGL a Buy, Though?

By |2023-12-07T20:56:47+00:00April 27th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , |

Tuesday was an exciting day for Alphabet investors - the parent company of Google (GOOGL, GOOG). The company reported first-quarter earnings for the year that beat analyst estimates handily. And, along with this overperformance was the announcement of a $70b stock buyback program. The company exceeded the revenue consensus of $68.96 billion that had [...]

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8 02, 2023

Google Falls 8% After Introducing AI: What’s the Issue, and What do Investors Need to Know?

By |2023-12-07T21:02:55+00:00February 8th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , |

In the latest AI news, Google has introduced its take on ChatGPT, known as Bard. The parent company, Alphabet, experienced an 8% drop in the stock price as a result of this news - but why? Shouldn’t an exciting new feature like this cause a lift in share prices if anything? The issue is, [...]

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