Market Warning: Don't Buy This...
Today's "bizzarro" market has one 50-year Wall Street veteran concerned. He believes most investors are about to make this huge mistake.
| Open | Prev Close | ||
| High | Low | ||
| Volume | 31,327,602 | Volume (Avg) | 29,115,287 |
| 52 Week High | 2,122.44 | 52 Week Low | 1,008.87 |
| Market Cap | 1.4T | PE Ratio | 23.71 |
General
| Name | Alphabet Inc |
| Ticker | GOOGL |
| Exchange | NASDAQ |
| Sector | Communication Services |
| Industry | Internet Content & Information |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 135,301 |
About Alphabet Inc
Alphabet Inc. provides online advertising services in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. The company offers performance and brand advertising services. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, such as ads, Android, Chrome, hardware, Google Maps, Google Play, Search, and YouTube, as well as technical infrastructure; and digital content. The Google Cloud segment offers infrastructure and data analytics platforms, collaboration tools, and other services for enterprise customers. The Other Bets segment sells internet and TV services, as well as licensing and research and development services. The company was founded in 1998 and is headquartered in Mountain View, California.
Highlights
| Analyst Target | 2,315.18 |
| Market Cap | 1,390,017,773,568 |
| PE Ratio | 23.71 |
| PEG Ratio | 1.48 |
| EBITDA | 54,903,001,088 |
Valuation
| Trailing PE | 35.11 |
| Forward PE | 30.58 |
| Price/Sales (Trailing 12 Mt.) | 8.36 |
| Price/Book (Most Recent Quarter) | 6.31 |
Technicals
| Beta | 1.00 |
| 52 Week High | 2,122.44 |
| 52 Week Low | 1,008.87 |
| 50 Day Average | 2,038.14 |
| 200 Day Average | 1,759.78 |
Earnings
Stock market today: Asian markets follow Wall Street higher ahead of key inflation update
HONG KONG (AP) — Asian stocks were mostly higher on Wednesday after a rally on Wall Street that took the Nasdaq composite index to a record high.
Google Is 6 Months Behind ChatGPT-Parent OpenAI In Artificial Intelligence But 'About 5 Years Ahead Of Everyone Else,' Says Gene Munster
Munster noted that Google is approximately six months behind OpenAI in terms of AI development, but is still about five years ahead of the rest of the industry. He observed that Google's AI progress is evident in its generative and agentic AI technologies.
Buy This Next Gen Crypto Before Its Big Upgrade - Ad
Experts predict this one crypto will soar 7,200% by the end of the decade... and grow 20X bigger than bitcoin. But you must get in before it's big.
Labor laws largely exclude nannies. Some are banding together to protect themselves
NEW YORK (AP) — Map all doors in the home and figure out how to escape. Make a list of items in each room that you can use to defend yourself. Shelves, dishes, night stands, kitchen knives -- all can be weapons if you are attacked.
Cathie Wood-Led Ark Invest Continues Shopping For Shopify Stock, Sells $15M Worth Of Jack Dorsey's Block Shares Amid Bitcoin Price Drop
On Tuesday, Cathie Wood’s Ark Invest made some significant trades, notably buying shares of Shopify Inc (NYSE:SHOP) and selling off Block Inc (NYSE:SQ) stocks.
The No. 1 Crypto for 2024 - Ad
It's expected to soar 20X bigger than Bitcoin.
The WNBA's challenge: How to translate the Caitlin Clark hype into sustained growth for the league
The stars seemingly have aligned for the WNBA with Caitlin Clark and Angel Reese joining the ranks of A'ja Wilson, Breanna Stewart, Diana Taurasi and others.
Google's Search Business Could Be Challenged By OpenAI, Says Gene Munster: 'It's A Function Of Time'
Gene Munster, a tech analyst at Deepwater Asset Management, predicts that OpenAI could become a significant competitor to Google in the search business, despite its ties with Microsoft. Munster's forecast follows reports of a potential partnership between Apple and OpenAI.
America Just Hit a Grim Milestone - Ad
Nearly half of U.S. households currently hold no retirement savings. Retirement expert Dr. David Eifrig says what happens next will separate a small number of winners from a very large number of losers. Learn how to protect yourself and your money with his four simple steps that he shares right here.
K-pop fans around globe rally for climate and environment goals
JAKARTA, Indonesia (AP) —
Stock market today: Asian shares mixed in muted trading after Wall Street barely budges
TOKYO (AP) — Asian shares were mixed in muted trading Tuesday after U.S. stock indexes were little changed ahead of the release of inflation data.
A.I. Pioneer Issues Urgent Warning to Americans - Ad
According to one early A.I. pioneer: "You can either use this as an unfair advantage to grow your wealth, or you can let it ravage your retirement savings. There's no middle option."
8 dead, at least 40 injured as farmworkers' bus overturns in central Florida
OCALA, Fla. (AP) — A bus carrying farmworkers in central Florida overturned on Tuesday, killing eight people and injuring about 40 other passengers, authorities said.
YouTube blocks Hong Kong protest anthem after court injunction bans song in the city
HONG KONG (AP) — YouTube has blocked access to videos of a protest song in Hong Kong, days after court approved an injunction banning the song in the city.
$25 AI Stock Could Deliver Life-Changing Windfall - Ad
Discover a company at the forefront of the AI revolution, with up to $1 billion in government-backed contracts and 1,372 patent applications. Trading at just $25 a share...
GOP Lawmakers In Ohio Finally Approve Rules Allowing Cannabis Sales To Begin In June, Existing Medical Marijuana Dispensaries Can Join In
Ohio lawmakers clear rules for medical and recreational marijuana programs, allowing existing retailers to apply for dual-use dispensary licenses.
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for June delivery fell $1.10 to $78.02 per barrel Tuesday. Brent crude for July delivery fell 98 cents to $82.38 per barrel.
Should You Buy Bitcoin in 2024? [Expert's Shocking Answer] - Ad
Bitcoin minted 100,000 millionaires and if you're not one of them, that ship has sailed. But there's another millionaire-minting crypto at our doorstep... research shows this coin could be 20X bigger than Bitcoin by the end of the decade. With crypto starting to heat up again, this could be the perfect time to get in.
Biden hiking tariffs on Chinese EVs, solar cells, steel, aluminum — adding to tensions with Beijing
WASHINGTON (AP) — The Biden administration announced on Chinese electric vehicles, advanced batteries, solar cells, steel, aluminum and medical equipment — an election-year move that's likely to increase friction between the world's two largest economies.
Cathie Wood's Ark Invest Buys $18M In Shopify Stock Amid Price Dip, Sells Shares In Bitcoin Bull Jack Dorsey's Block Inc
On Monday, Cathie Wood’s Ark Invest made some significant trades, the most notable being the purchase of Shopify Inc (NYSE:SHOP) shares and the sale of Block Inc (NYSE:SQ) shares.
Uranium Prices Soar 74% in 6 Months! The Uranium Bull Market Is Here to Stay! - Ad
In December 2023, 22 countries pledged to 3X their nuclear capacity. Sending these uranium stocks into a frenzy.
If You Invested $1,000 In GameStop Stock When 'Dumb Money' Was Released In Movie Theaters, Here's How Much You'd Have Today
"Dumb Money" was released in theaters in 2023 telling the story of Keith Gill and others involved in the GameStop short squeeze. Months later, Gill returns on social media as Roaring Kitty.
Trump Vs. Biden: 2024 Election Poll Shows Tie Broken -- Which Candidate Gains Support From His Party, Independent Voters?
A new 2024 election poll shows a close race between Donald Trump and Joe Biden. One candidate gained ground with their party and Independent voters.
Amazon's Betting Big on This Unknown AI Company - Ad
Amazon has just made a stunning $144 million investment in one small AI company. Why? Because this under-the-radar firm holds the key to unleashing the full potential of next-gen AI... Its technology is crucial for the most advanced AI chips, including Nvidia's latest breakthrough.
Argentina reports its first single-digit inflation in 6 months as markets swoon and costs hit home
BUENOS AIRES, Argentina (AP) — Argentina’s monthly inflation rate eased sharply to a single-digit rate in April for the first time in half a year, data released Tuesday showed, a closely watched indicator that bolsters President Javier Milei’s severe austerity program aimed at fixing the country’s troubled economy.
Bumble's billboard ads sneered at celibacy as an alternative to dating — and the company got stung
SAN FRANCISCO (AP) — The dating app Bumble got stung after running billboard ads that appeared to sneer at celibacy as an alternative to meeting people online.
5 Wall Street Legends Just Bought This One Stock - Ad
"If you're not at the table, you're on the menu," says former Goldman Sachs VP, Dr. David Eifrig.
Southwest Airlines is considering changes to its quirky boarding and seating practices
DALLAS (AP) — Southwest Airlines is studying changes to its quirky boarding and seating policies as it searches for ways to .
These 10 Large Cap Stocks Shined Brightest Last Week (May 5-May 11, 2024): Are They In Your Portfolio?
Toast, Teva, Vistra, Equinix, Applovin, IFF, Constellation, Emerson, IP, and STERIS were top performers last week. Are they in your portfolio?
Mystery of the Rich and Connected Revealed - Ad
Former Goldman VP reveals a mysterious "Gold Bank" with huge upside potential... Last time we shared this, some folks could have seen a 995% gain. Don't be surprised if you've never heard of this -- most haven't. But he's sharing all in this new video.
Bill Gates Shares Heartwarming Scuba Diving Photo With Daughter On Her 28th Birthday: 'I'm In Awe Of How You Dive Headfirst Into Everything.'
Bill Gates and Melinda French Gates each shared heartfelt social media posts to celebrate their daughter Jennifer's 28th birthday, highlighting her achievements as a mother, medical student, and equestrian.
Taiwan Semi Set to Build $11B Chip Plant in Germany, Aiming for 2027 Production Start
Taiwan Semiconductor Manufacturing Co will build its first European semiconductor facility in Dresden, Germany in 2024. The $11 billion factory will start production in 2027 with support from EU and German government. TSMC stock gained over 75% in the last 12 months.
Breaking News: Elon Musk Invents New Type of A.I. - Ad
According to 30-year Silicon Valley and Wall Street veteran, Eric Fry... A man who picked 41 plays that jumped 1,000%+... Elon Musk is about to shock the world again with this new type of A.I.... Mining new millionaires in the process.
US investigating Waymo autonomous vehicles after reports of crashes or possible traffic violations
DETROIT (AP) — The U.S. government's highway safety agency has opened another investigation of automated driving systems, this time into crashes involving Waymo's self-driving vehicles.
Elon Musk Shares Who He'd Want To Spend His Last Moments With In Response To Warren Buffett's Advice
Over the weekend, Elon Musk agreed with a sentiment shared by investment titan Warren Buffett about the importance of spending time with loved ones, despite their contrasting investment philosophies.
Elon's New A.I. Device is About to Shock the World - Ad
Using this device you see... Elon Musk just tested a new type of A.I. that according to Wired Magazine will usher in... "The next step in human evolution."
Amid Latest Indictments, Former Trump Aide Slams Ex-President Over Treatment Of 'Bodies Around Him': 'He Takes Out Everybody Who Is Loyal To Him'
Cassidy Hutchinson, a former aide to Donald Trump, publicly expressed her disapproval of the ex-president following the recent indictments of his associates in the Arizona fake electors scheme.
Trump Meets With DeSantis, Noem Stirs Up Controversy: How Will Republican Vice President Betting Odds Be Impacted?
The relationship between Donald Trump and Ron DeSantis was heated at times during the Republican primary season, before the Florida governor dropped out of the 2024 presidential election and threw his support behind the
Must-See: Elon's New Invention is Absolutely Insane - Ad
When you click here and see what Elon Musk's new invention does... And how it works... You will NOT believe it. You'll tell yourself this is just science fiction. But Elon just tested this in a real human... And the result was mind-blowing.
Wholesale price increases accelerated in April as inflation remains sticky
WASHINGTON (AP) — U.S. wholesale prices rose sharply last month, a sign that inflation pressures remain stubbornly high after three elevated readings in consumer prices to start the year.
Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.