News 
Market Data 
Discover
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Google’s $GOOGL Q3 visualized
By: Stock Market News | October 25, 2022
• Google’s $GOOGL Q3 visualized
Read Full Story »»»
DiscoverGold
GOOG CEO @sundarpichai: "We've also started our work to drive efficiency...
By: The Transcript | October 25, 2022
• $GOOG CEO @sundarpichai: "We've also started our work to drive efficiency...Over the past quarter, we have made several shifts away from lower-priority efforts to fuel higher growth priorities. Our Q4 headcount additions will be significantly lower than Q3"
Read Full Story »»»
DiscoverGold
Alphabet earnings are out – Here are the numbers
By: CNBC | October 25, 2022
Alphabet reported third-quarter earnings after the bell. Here are the results:
• Earnings per share (EPS): $1.06 vs. $1.25 expected, according to Refinitiv estimates.
• Revenue: $69.09 billion vs. $70.58 billion expected, according to Refinitiv estimates.
As fears of a recession intensify, companies are taking a more cautious approach with their advertising budgets. For Google parent Alphabet, which is largely dependent on digital ads, that’s led to reduced growth estimates.
The company is expected to report revenue growth of about 8% for the third quarter. Aside from one period at the start of the Covid pandemic, that would mark the weakest expansion for any quarter since 2013. The slowdown is particularly acute at YouTube, which is expected to see growth of about 3%, according to StreetAccount. YouTube is seeing heightened competition from short-video app TikTok.
During the quarter, CEO Sundar Pichai enacted some cost-cutting measures across the company, citing economic challenges, including a potential recession, soaring inflation, rising interest rates and tempered ad spending. In September, Pichai said he wanted to make the company 20% more efficient, and that could include slashing jobs and product cuts.
Google recently canceled the next generation of its Pixelbook laptop and cut funding to its Area 120 in-house incubator. And last month, Google said it would be shuttering its digital gaming service Stadia. Also during the quarter, the company said it would be delaying plans to replace third-party cookies for advertising until 2024 after finding the transition more challenging.
In a heated all-hands meeting, staffers confronted executives on the planned cuts to travel and entertainment budgets. Pichai responded by reminding employees that there was a time when Google was “small and scrappy” and that they “shouldn’t always equate fun with money.”
Getting workers back to the office continues to be a challenge for Google, after employees became accustomed to flexibility during the pandemic, when profits boomed to a record. Adding to the tension, employees told CNBC during the quarter that they receive regular notifications from management of Covid-19 infections, causing some to question the company’s return-to-office mandates.
Alphabet shares have dropped 29% this year as of Monday’s close, performing about in line with the Nasdaq.
Read Full Story »»»
DiscoverGold
GOOGL $1.2 Million Put Strike: 104 Expiration: 11/18
By: Cheddar Flow | October 25, 2022
• $GOOGL $1.2M Put
Strike: 104
Expiration: 11/18
Read Full Story »»»
DiscoverGold
Alphabet (GOOGL) Aggressive Put Sweepers Hitting The Tape
By: Cheddar Flow | October 25, 2022
• $GOOGL Aggressive Put Sweepers Hitting The Tape
Read Full Story »»»
DiscoverGold
$GOOG Round bottom base forming just below previous support with Q3 earnings tomorrow after the close!
By: TrendSpider | October 24, 2022
• $GOOG Round bottom base forming just below previous support with Q3 earnings tomorrow after the close!
Read Full Story »»»
DiscoverGold
Alphabet: Any Post-Earnings Weakness Is An Opportunity For Long-Term Investors
By: Investing.com | October 24, 2022
• Alphabet stock has lost a third of its value since its November peak on growth concerns
• Alphabet is forecast to report single-digit sales growth when it reports its third-quarter earnings tomorrow
• The company has a vast reach in the digital economy that's hard to challenge, making its business recession-resilient
It's been hard to feel optimistic about social media stocks since the beginning of the year as companies in all business sectors cut back on ad spending to weather tight financial conditions.
Last week, the steep drop in Snap (NYSE:SNAP) shares after the company's latest earnings report added even more fuel to the fire, leaving the market concerned about the sector's upcoming reports.
Despite this gloomy outlook, I don't think investors should paint all social media names with the same brush. I see a compelling case to buy the shares of Google's parent company, Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) should the stock drop on earnings weakness.
The California-based company has lost about a third of its value since its November peak on concerns that the owner of the most popular search engine in the world will see a decline in sales after a massive expansion during the pandemic.
GOOGL Weekly Chart
According to analysts' consensus estimates, Alphabet is forecast to report single-digit sales growth in its third-quarter earnings tomorrow after the market close. Aside from one quarter at the beginning of the pandemic, that would mark the weakest period for Google's parent since 2013.
GOOGL Consensus Estimates
Source: InvestingPro
Threats to Alphabet's earnings are real and may cause some turbulence in the short run, but a buy case for Google's parent stock isn't very complicated, in my view. The company's vast reach in the digital economy is hard to challenge, making its business recession-resilient.
Google has a monopoly in the search-engine market with about 90% market share outside China. Search is also the major profit-generator for Alphabet. Google Services segment, which includes Search, generated $22.8 billion in operating income in the second quarter, with an operating margin of 36.2%.
Alphabet has maintained that dominance in the search business due to its massive investments and innovations, which are paying off. The company's improving AI capabilities are providing better user experiences and making it much harder for competitors to break Google's grip.
Another unique strength that Alphabet holds in the social media segment is that it controls the largest video search engine, YouTube, which offers a social media platform, and streaming capabilities, making it a highly targeted product for both young and old audiences.
In August, Pew Research released a comprehensive survey of American teens and social media. A whopping 95% of teens surveyed said they use the video platform. More teens reported visiting YouTube "almost constantly" than they did any other app.
Percentage Of Teens In Apps Or Sites
In addition to these strengths, Alphabet is in a strong position to capture the market share from its peers, including Meta Platforms (NASDAQ:META) and Twitter (NYSE:TWTR).
For example, there is a lack of visibility on Mark Zuckerberg's metaverse venture, which is an effort to arrest the decline in popularity of its flagship Facebook platform. We don't know how long it will take for this massive undertaking to pay off.
Similarly, no one knows how Elon Musk's bid to restructure Twitter will shape up if he succeeds in acquiring the company. This upheaval in the social media landscape means companies will divert more of their ad dollars to Alphabet-owned properties where the engagement is growing.
While other social media companies struggle to retain their subscribers and attract a limited pool of ad money, Alphabet's other businesses are also showing strong growth, further diversifying its business.
Sales in the Google Cloud division—a fast-growing market segment where the company commands the third position after Amazon (NASDAQ:AMZN) and Microsoft (NASDAQ:MSFT), are showing strong momentum. Google's cloud sales surged 36% in the second quarter from a year earlier to $6.28 billion.
Moreover, this month, Google announced a broad swath of updates to its cloud offerings to close the gap with rivals, aiming to capitalize on its strength in artificial intelligence.
Bottom Line
Google's earnings tomorrow may show some weakness, hurt by companies' reduced ad spending. Still, it's one of the best mega-cap stocks to buy after it has lost more than 30% of its value. The company is well-positioned to perform well during any potential economic downturn due to its dominance in the digital ad market and strong growth momentum in other areas of the digital economy.
Read Full Story »»»
DiscoverGold
Google's $GOOGL Q3 revenue 2009-2022
By: Stock Market News | October 24, 2022
• Google's $GOOGL Q3 revenue
2009: $5.9B
2010: $7.3B
2011: $9.7B
2012: $13.3B
2013: $13.8B
2014: $16.5B
2015: $18.7B
2016: $22.4B
2017: $27.8B
2018: $33.7B
2019: $40.5B
2020: $46.2B
2021: $65.1B
2022: $70.7B (Expected)
Read Full Story »»»
DiscoverGold
Earnings Preview: Alphabet Inc. (NASDAQ: GOOGL)
By: 24/7 Wall St. | October 24, 2022
• Here is a look at five companies on deck to report results Tuesday and Wednesday.
Alphabet
Over the past 12 months, the parent of Google, Alphabet Inc. (NASDAQ: GOOGL), has posted a share price decline of nearly 29%. Since posting a recent high in mid-August, the stock has dropped to a 52-week low earlier this month, but it has recovered somewhat in the last few days. The company reports quarterly results after markets close on Tuesday.
Last week’s market debacle after Snap warned of falling advertising revenue is not expected to affect the operator of the world’s most popular search engine. One thing that could give the stock an upward jolt would be the announcement of a dividend payment. Alphabet is sitting on a cash and investments pile of around $125 billion and really has no place to spend it.
Analysts continue to be universally bullish on the stock. Of 51 ratings, 48 have a Buy or Strong Buy rating, and the other three have Hold ratings. At a recent price of around $101.10 a share, the upside potential based on a median price target of $140.00 is 38.5%. At the high price target of $186.00, the upside potential is nearly 84%.
Third-quarter revenue is forecast at $70.72 billion, which would be up 1.5% sequentially and by 8.6% year over year. Adjusted earnings per share (EPS) are pegged at $1.26, up 4.0% sequentially but down 10.0% year over year. For the full 2022 fiscal year, current consensus estimates call for EPS of $5.13, down 8.6%, on revenue of $255.89 billion, up 12.1%.
Alphabet stock trades at about 19.7 times expected 2022 EPS, 17.2 times estimated 2023 earnings of $5.88 and 14.9 times estimated 2024 earnings of $6.82. The stock’s split-adjusted 52-week trading range is $94.38 to $151.55. The company does not pay a dividend, and the total shareholder return for the past 12 months is negative 28.7%.
Read Full Story »»»
DiscoverGold
$180 $$$$ in 3weeks then it’s gone 
What to Expect from Alphabet (GOOGL) Stock After Earnings
By: Schaeffer's Investment Research | October 20, 2022
• Alphabet will report earnings on Tuesday, Oct. 25
• The stock tends to shift higher after earnings
Shares of Alphabet Inc (NASDAQ:GOOGL) are marginally higher today, last seen up 0.07% at $99.70 as the Big Tech juggernaut prepares to report its latest quarterly financial results. The Google parent will step into the earnings confessional after the close on Tuesday, Oct. 25 and report third-quarter earnings and revenue. Below we will take a look at how GOOGL has fared on the charts, and what the options market is pricing in for post-earnings moves.
After beginning the year above the $150 level, GOOGL notched an all-time high of $151.55 by Feb. 2. The broader-market selloff was quick to take a toll on Alphabet stock's gains, sending the shares back below the 140-day moving average. In fact, this trendline has been a source of overhead resistance for the share since January. Year-to-date, the security now sports a 31% deficit.
Digging into Alphabet's earnings history, the stock has closed higher the day after reporting in all but one of the past eight quarters -- a 3.7% dip in February. During this time frame, Alphabet stock averaged a 5.1% swing, regardless of direction. This time around, the options market is estimating a larger-than-usual, 7.7% move for Wednesday's trading.
In the options pits, call rule the roost. Specifically, Alphabet stock sports a 50-day call/put volume ratio of 1.82 at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), which ranks in the 76th percentile of its annual range. Further, GOOGL's Schaeffer's put/call open interest ratio (SOIR) of 0.78 stands higher than just 25% of annual readings, indicating a call-bias amongst short-term options traders.
Leading up to the event, UBS cut its price target to $120 from $132. Additional adjustments lower could be on the way, too, as the equity's 12-month consensus target price of $140.68 is a hefty 40.7% premium to current levels.
Read Full Story »»»
DiscoverGold
Nielsen TV & streaming trends for September show share of YouTube up & that of Netflix down:
By: The Transcript | October 20, 2022
• Nielsen TV & streaming trends for September show share of YouTube up & that of Netflix down:
Read Full Story »»»
DiscoverGold
Alphabet (GOOGL) to Release Earnings on Tuesday
By: MarketBeat | October 18, 2022
• Alphabet (NASDAQ:GOOGL - Get Rating) is scheduled to be releasing its earnings data after the market closes on Tuesday, October 25th. Analysts expect Alphabet to post earnings of $1.25 per share for the quarter. Parties interested in listening to the company's conference call can do so using this link...
Read Full Story »»»
DiscoverGold
Alphabet (GOOG) Keep an eye on this round bottom base with ~$104 as the breakout level
By: TrendSpider | October 19, 2022
• $GOOG Keep an eye on this round bottom base with ~$104 as the breakout level.
Read Full Story »»»
DiscoverGold
Investors Aren't Waiting For The Alphabet's Q3 Results, Pushing GOOG Stock Higher
By: Barchart | October 18, 2022
Alphabet (GOOG) stock moved back over $100 yesterday, as investors aren't willing to wait for the company's Q3 results. The earnings release is due to be reported on Oct. 25. But as of Oct. 17, GOOG stock was trading back to $100.78 per share, after having dipped to $95.98 on Sept. 330.
Granted GOOG stock is still down over 30% YTD. But investors are pushing the stock higher, hoping o get a jump on any upward price action as a result of potentially Q3 positive results.
For example, analysts expect Alphabet will still be very profitable this year, despite the possibility of a recession. Barchart's survey shows that earnings per share (EPS) will be $5.21 for 2022. That puts the stock on a price-to-earnings (P/E) multiple below 20x (19.3x).
And for 2023 analysts forecast the company will make $5.80 EPS. This puts it on a forward multiple of just 17.3x. That is very cheap for this stock.
Where This Leaves Investors Now
The Fed has made it very clear that they intend to continue to raise interest rates. That will inevitably slow the economy and even ad spending. But much of this effect is already discounted in GOOG stock.
So for example, investors now assume that Google's Q3 report will show that Alphabet keeps making higher free cash flow (FCF) and is on track in terms of its stock buyback program. Moreover, astute value investors know that GOOG stock is cheap on a forward P/E basis. For example, Morningstar reports that its average P/E for the past 5 years has been 25.93x or almost 26x.
This implies that the stock could rise to over $150 next year since $5.80 EPS x a forward multiple of 25.93 is $150.39. In other words, investors can potentially count on the stock moving up over 50% from today's levels. This assumes GOOG stock will eventually trade at an average historical P/E.
That's probably one major reason why GOOG stock has been moving up lately. For example, in the last week, it's up over 2.1%, according to Seeking Alpha. That's also why investors are jumping the gun, hoping to get ahead of potential good results for Q3.
Read Full Story »»»
DiscoverGold
Google Cloud’s global channel leader Kevin Ichhpuran on the state of Google Cloud:
By: The Transcript | October 17, 2022
• Google Cloud’s global channel leader Kevin Ichhpuran on the state of Google Cloud:
"If you look at our growth right now, we’ve tripled our go-to-market-team"
Read Full Story »»»
DiscoverGold
Alphabet Inc. (GOOGL) 92 area next support
By: Options Mike | October 16, 2022
• $GOOGL r/s vs $QQQ hit the 21D That is what needs to be broken to run
92 area next support.
Read Full Story »»»
DiscoverGold
The global advertising industry in 2010 vs in 2020
By: Stock Market News | October 14, 2022
• The global advertising industry in 2010 vs in 2020
$AMZN $BABA $META $GOOGL
Read Full Story »»»
DiscoverGold
GOOGL $1.1 Million Put Strike: 97 Expiration: 11/18
By: Cheddar Flow | October 14, 2022
• $GOOGL $1.1M Put
Strike: 97
Expiration: 11/18
*At the Ask*
Read Full Story »»»
DiscoverGold
Alphabet Makes a Big Gift to Coinbase and Crypto
By: TheStreet | October 11, 2022
• The crypto industry just got one of its biggest boosts.
It looks like the Thanksgiving gift before Thanksgiving.
Alphabet (GOOGL) , through its subsidiary Google, has just offered the crypto industry a dream support for the young industry which has redoubled its efforts in recent months to push for its adoption by the masses.
Google now accepts cryptocurrency payments for its cloud computing services.
Google Cloud will allow companies, developers of web3 projects to pay with a basket of digital currencies offered by Coinbase (COIN) via its Coinbase Commerce service. Indeed, this decision is part of a partnership with the crypto platform which is the only public platform offering to buy and sell cryptocurrencies.
Coinbase Commerce is part of the diversification of the firm. It allows businesses to accept cryptocurrency payments and bill their customers in ten of the most popular cryptocurrencies - Bitcoin, Ether, Tether USD, Bitcoin Cash, Dogecoin, Shiba Inu, USD coin, Litecoin, DAI and Apecoin.
Google Cloud will initially allow a small core of companies in the crypto sphere to pay in cryptocurrencies via Coinbase Commerce. In a second step, the Internet giant will offer this option to a greater number of firms.
The service will be effective from 2023.
Good Deal for Coinbase
"As part of the partnership, Coogle Cloud is positioned to enable select customers, starting with those in the Web3 ecosystem, to pay for its cloud services via select cryptocurrencies," the companies said in a joint press release."Powered by Coinbase Commerce-which enables merchants globally to accept cryptocurrency payments in a decentralized way-the new payments experience will benefit Google Cloud's customers and partners by increasing the optionality of payments for Google Cloud services."
The web3 is the somewhat fuzzy term for the latest iteration of the internet which will replace the current internet or web2. It is seen as a decentralized internet, in which consumers and users will regain control of their data. The big tech made up of Google and Meta will no longer be the central authorities of the internet.
The partnership with Google is a good news for Coinbase, because it could attract a large number of firms to the platform wishing to take advantage of the Google ecosystem.
Coinbase should also collect a commission on transactions.
Google and Coinbase did not disclose the financial terms of the partnership.
"We are excited Google Cloud has selected Coinbase to help bring Web3 to a new set of users and provide powerful solutions to developers," said Brian Armstrong, Co-founder and CEO of Coinbase. "With more than 100 million verified users and 14,500 institutional clients, Coinbase has spent more than a decade building industry-leading products on top of blockchain technology."
In addition, the new partners have hinted that they will be able to extend their partnership. Google plans to use the Coinbase Prime service, that securely stores organizations’ cryptocurrencies and allows them to trade.
"Google will use Coinbase Prime, for institutional crypto services, like secure custody and reporting, the companies said.
For Google, this partnership is an opportunity to catch up with its two main competitors in the cloud - Amazon via Amazon Web services (AWS) and Microsoft with Azure - that dominate the cloud industry.
Risky Bet
Coinbase will transfer its data-related applications from AWS to Google. Neither AWS nor Azure currently offer the option to pay in cryptocurrency. Google Services, which is Alphabet's play to reduce its dependence on advertising revenue, is growing. While its market share is only 9%, it is increasing.
By embracing the crypto industry, the Mountain View giant is betting that the sector that wants to replace traditional financial services and reinvent the codes of the internet will allow it to catch up. And above all, Google will appear to be the place to go for developers of apps and projects in the crypto galaxy, which includes cryptocurrencies, web3 and the metaverse.
"We're proud Coinbase has chosen Google Cloud as its strategic cloud partner, and we're ready to serve the thriving global Web3 customer and partner ecosystem," said Thomas Kurian, CEO of Google Cloud. "Our focus is making it frictionless for all customers to take advantage of our scalability, reliability, security, and data services, so they can focus on innovation in the Web3 space."
Adventure in the crypto sphere comes with risks, however. Prices are very volatile. The cryptocurrency market has lost more than $2 trillion since its all-time high of $3 trillion reached last November, according to CoinGecko.
Read Full Story »»»
DiscoverGold
Alphabet Price Targets Cut, But Morgan Stanley Buyers on Weakness
By: Investing.com | October 10, 2022
Morgan Stanley cut the price targets of Google parent company Alphabet (NASDAQ:GOOGL) and Facebook parent Meta Platforms (NASDAQ:META) on Monday.
Alphabet's price target was cut to $135 from $145 per share, while Meta's price target was lowered to $205 from $225.
However, Morgan Stanley said the firm are buyers of Alphabet shares on weakness.
"We expect GOOGL to miss consensus revenue and EBIT at 3Q (we are ~3% below street EBIT). But we are buyers on weakness," wrote analysts. "For perspective, GOOGL's long-term trough multiple is 8X EBITDA, so we are watching levels very closely. This should give GOOGL more near-term support, and could provide entry points on volatile weeks...even if '23 estimates have risk."
On Meta Platforms, Morgan Stanley analysts stated that revenue and Opex can drive a higher trading range, but engagement clarity is needed to drive a breakout.
"We are roughly in line with Street 3Q/4Q revenue. On the '23 opex guide, given multi-month headlines and our work about opex discipline and cuts, we are hopeful META will guide to the bottom end of '23 opex to $90bn (8% Y/Y growth)," analysts added. This would be below our current ~$92bn forecast, which does not incorporate discipline and would be important to protecting FCF and regaining shareholder credibility through this challenging micro and macro situation. These dynamics could put a higher floor in META (given its current 6X '23 EBITDA multiple) but in our view META's comments on engagement (is US Instagram time spent growing/healthy, etc) are going to be more important to driving investor confidence in multi-year growth and the multiple."
Read Full Story »»»
DiscoverGold
Philipp Schindler Sells 76,678 Shares of Alphabet Inc. (GOOGL) Stock
By: MarketBeat | October 6, 2022
• Alphabet Inc. (NASDAQ:GOOGL - Get Rating) SVP Philipp Schindler sold 76,678 shares of the company's stock in a transaction dated Wednesday, October 5th. The shares were sold at an average price of $100.80, for a total transaction of $7,729,142.40. Following the sale, the senior vice president now owns 226,365 shares of the company's stock, valued at $22,817,592. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website...
Read Full Story »»»
DiscoverGold
In Apple's shadow, Google takes new route to face recognition on Pixel phones
By: Investing.com | October 6, 2022
(Reuters) - Facial recognition returned to the latest Google Pixel phones on Thursday after a short hiatus due to challenges on cost and performance, according to three former employees at the Alphabet (NASDAQ:GOOGL) Inc unit knowledgeable about the efforts.
The feature on the new Pixel 7 is not as good Apple Inc (NASDAQ:AAPL)'s Face ID unlocking mechanism, as it can struggle in low light and is more vulnerable to being spoofed. In addition, Google has said it is not secure enough to enable signing into apps or making payments.
The return comes after Google became stricter about launching products with facial recognition, in part due to questions about its performance on darker skin. The company took time to review its approach to training and testing facial recognition since the previous Pixel with the capability launched in 2019, one of the sources said.
Google declined to comment on several specific questions about its history with face unlock. It said generally, "Thanks to advanced machine learning models for face recognition, Pixel 7 and Pixel 7 Pro feature Face Unlock, but we’re doing it a little differently." It added, "We achieve good facial accuracy performance with the front-facing camera."
Google's pursuit of face unlock for Android smartphones spans at least a decade, but it came under greater pressure when Apple released Face ID in September 2017, the sources said.
To that point, Google struggled to devise a system that both performed quickly and was impervious to spoofing, or the use of photos or hyper-realistic costumes to fool someone else's phone into unlocking, one of the sources said. Engineers toyed with requiring a smile or a blink - proving a person's "liveness" - to combat spoofing but it was awkward and slow, the source said.
Another source noted that after the arrival of Apple's Face ID, which uses a depth-sensing and infrared camera called TrueDepth to map a face, Google executives signed off on a comparable technology. Google's Pixel 4, released in 2019, called its infrared depth-sensing setup uDepth.
It performed well, including in dark conditions, with no more than a 1-in-50,000 chance that it would unlock a phone for an unauthorized face, according to Google.
But the gear was expensive. And while Apple sells 240 million iPhones annually, Google has topped out at a few million, preventing it from buying parts at the volume discounts Apple does.
Google dropped uDepth in the Pixel 5 in 2020 due to costs, the sources said.
Face masking because of the pandemic gave Google reason to exclude the feature from last year's Pixel 6 and additional research time, two sources said.
Face unlock on the new phones relies on a typical front camera. But unlike the previous system, it cannot securely unlock apps and payments because Google says spoofing chances - such as by holding up a user's photo - are greater than 20%, above the 7% threshold it requires to be considered most "secure."
Low light and sunglasses also can cause trouble, Google says, noting fingerprint unlock remains an alternative.
Read Full Story »»»
DiscoverGold
Insider Selling: Alphabet Inc. (GOOGL) Insider Sells 34,809 Shares of Stock
By: MarketBeat | October 3, 2022
• Alphabet Inc. (NASDAQ:GOOGL - Get Rating) insider John Kent Walker sold 34,809 shares of the company's stock in a transaction on Wednesday, September 28th. The shares were sold at an average price of $100.00, for a total transaction of $3,480,900.00. Following the completion of the sale, the insider now directly owns 18,474 shares in the company, valued at $1,847,400. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink...
Read Full Story »»»
DiscoverGold
Alphabet Inc. (GOOGL) Sees Significant Growth in Short Interest
By: MarketBeat | October 3, 2022
• Alphabet Inc. (NASDAQ:GOOGL - Get Rating) saw a large growth in short interest in September. As of September 15th, there was short interest totalling 62,790,000 shares, a growth of 12.0% from the August 31st total of 56,070,000 shares. Based on an average daily volume of 30,360,000 shares, the short-interest ratio is presently 2.1 days...
Read Full Story »»»
DiscoverGold
Alphabet and Meta Platforms Remain BofA's Top Value Internet Stocks
By: Investing.com | October 4, 2022
Bank of America has reiterated the firm’s positive stance on Alphabet (NASDAQ:GOOGL) (NASDAQ:GOOG) and Meta Platforms (NASDAQ:META), which BofA still sees as the top value stocks within the Internet sector.
Still, Bank of America acknowledges that Street estimates for Alphabet/Meta advertising revenues are likely too high for 2023. Moreover, Increasing TikTok competition and AVOD could capture over $5 billion from industry growth.
As a result, the bank lowered estimates on GOOGL and META to reflect mild recession and FX headwinds. These slashed estimates are then reflected in lowered price targets - $196 per share on META stock and $114 on GOOGL shares.
On the other hand, EPS is expected to prove to be more resilient given cost-cutting activities.
“While the outlook for 2023 advertising revenue has deteriorated over the past 6 months, we think negative sentiment and lower valuations make for a more attractive investment backdrop, Alphabet’s Performance Max and Meta’s Reels monetization can be important revenue drivers in 2023,” Bank of America said in a client note.
Read Full Story »»»
DiscoverGold
GOOG Relative strength today as RSI continues to diverge from price, making a series of higher lows
By: CyclesFan | October 3, 2022
• $GOOG Relative strength today as RSI continues to diverge from price, making a series of higher lows.
Read Full Story »»»
DiscoverGold
GOOG Surging back above the 8/21 EMA cloud, now approaching $100 psych level
By: TrendSpider | September 30, 2022
• $GOOG Surging back above the 8/21 EMA cloud, now approaching $100 psych level
Read Full Story »»»
DiscoverGold
GOOG Keep an eye on this falling wedge and positive RSI divergence into tomorrow's session!
By: TrendSpider | September 29, 2022
• $GOOG Keep an eye on this falling wedge and positive RSI divergence into tomorrow's session!
Read Full Story »»»
DiscoverGold
Google $GOOGL will soon be able to notify you if your personal info such as your phone number, email, or home address shows up in search results
By: Markets & Mayhem | September 28, 2022
• Google $GOOGL will soon be able to notify you if your personal info such as your phone number, email, or home address shows up in search results - The Verge
Read Full Story »»»
DiscoverGold
Truist today lowered its price target on Google $GOOGL to $136 from $145 while maintaining its Buy rating
By: Stock Market News | September 28, 2022
• Truist today lowered its price target on Google $GOOGL to $136 from $145 while maintaining its Buy rating.
Read Full Story »»»
DiscoverGold
Alphabet Inc. (GOOGL) 52W low, stronger support @ 93 area
By: Options Mike | September 25, 2022
• $GOOGL 52W low, stronger support @ 93 area. Not extended down like many other names here notable.
Read Full Story »»»
DiscoverGold
GOOGL Repeat PUT sweepers in to 9/30 $96 PUTS
By: Money Flow Mel | September 23, 2022
• $GOOGL Repeat PUT sweepers in to 9/30 $96 PUTS.
Read Full Story »»»
DiscoverGold
Alphabet (GOOGL) Stock Bears Likely To Allow A 25% Recovery
By: Investing.com | September 23, 2022
With nine services having more than a billion users each, many think Alphabet (NASDAQ:GOOGL) has the widest business “moat” the world has ever seen. Through Search, Chrome, Android, YouTube, Chrome and Gmail, to name a few, the company has literally embedded itself into society’s everyday life. And as if it wasn’t dominant enough before Covid-19, the pandemic only gave Alphabet another boost.
2021 sales surged 41% to $257 billion, producing a net profit for the company of more than $76B. That is a very healthy 30% net profit margin for a company that employs little debt and is still growing at an above-average rate. Furthermore, 2022 revenue is expected to approach $290B, up almost 13% from the year before.
Yet, following the spectacular pandemic surge, the stock has been quite a disappointment so far this year. After reaching an all-time high of $151.55 in early-February, GOOGL has been losing ground ever since. Yesterday, the stock closed below the $100 a share mark, down 34.5% in less than eight months. Given the undoubtedly very high quality of the business, many see this dip as a buying opportunity.
Alphabet Stock 4-Hr Chart
And we think they are right, but only in the short and long run. The mid-term, unfortunately, looks a lot messier. That is because the drop to $99.27 so far looks like a textbook five-wave impulse. We’ve labeled it 1-2-3-4-5 in wave A, where wave 4 is an expanding triangle.
According to the Elliott Wave theory, a three-wave correction in the other direction follows every impulse. This means that we can expect a recovery of at least 25% up to $125 in wave B as soon as wave 5 of A is over. As long as Alphabet trades below $151, however, the odds favoring another notable decline in wave C are going to remain high.
It is impossible to tell how low the can bears drag the stock in wave C. Nevertheless, they should at least be able to breach the bottom of wave A. In our opinion, investors should take advantage of any such weakness to establish long-term positions in Alphabet. That’s precisely what we plan to do.
Read Full Story »»»
DiscoverGold
Under 100 now
GOOG Squeezing its way into the volume area today after losing a volume-weighted average price (VWAP) support
By: TrendSpider | September 21, 2022
• $GOOG Squeezing its way into the volume area today after losing aVWAP support.
Read Full Story »»»
DiscoverGold
YouTube in challenge to TikTok to give Shorts creators 45% of ad sales
By: Dawn Chmielewski and Paresh Dave | September 20, 2022
LOS ANGELES (Reuters) -YouTube unveiled a new way for creators to make money on short-form video, as it faces intensifying competition from TikTok.
The Google-owned streaming service announced Tuesday that it would introduce advertising on its video feature Shorts and give video creators 45% of the revenue. That compares with its standard distribution of 55% for videos outside of Shorts, and TikTok's $1 billion fund for paying creators.
Hairstylist-turned-YouTube-creator Kris Collins, who goes by Kallmekris, lauded YouTube for offering revenue-sharing for Shorts.
"Other platforms are focused on getting people their 15 seconds of fame, which is great," she said. "But YouTube is taking a different approach. They're helping creators make stuff in multiple formats."
The internet's dominant video site has struggled to compete with TikTok, the app that got its start hosting lip-sync and dance videos and has subsequently burgeoned to 1 billion monthly users.
YouTube responded in late 2020 with Shorts, minute-long videos that attract more than 1.5 billion monthly viewers.
In April, YouTube created a $100 million fund to entice creators to make the bite-sized videos in its bid to hang onto talent. The new revenue-sharing plan, first reported by the New York Times, is meant to be a bigger and more sustainable lure than the fund and something TikTok has yet to match.
YouTube is sharing a smaller proportion of sales with Shorts creators to offset its significant investment in developing the feature, Vice President Tara Walpert Levy said.
Google (NASDAQ:GOOGL) generated $14.2 billion in YouTube ad sales during the first half of this year, up 9% from the same period in 2021.
But the most recent quarterly ad sales reflected the slowest growth since disclosure of that data began three years ago. Though global economic factors are at play, financial analysts have said TikTok also is a factor.
Read Full Story »»»
DiscoverGold
$GOOG The COVID low VWAP has been a prime buying opportunity over the last two years - Is this time different?
By: TrendSpider | September 20, 2022
• $GOOG The COVID low volume-weighted average price (VWAP) has been a prime buying opportunity over the last two years - Is this time different?
Read Full Story »»»
DiscoverGold
Alphabet Inc. (GOOGL) New 52W low, some support @ 100
By: Options Mike | September 18, 2022
• $GOOGL new 52W low, some support @ 100 better at 90 if we keep selling.
Read Full Story »»»
DiscoverGold
GOOG First weekly close below COVID low aVWAP and a bearish MACD cross is NOT a good look...
By: TrendSpider | September 17, 2022
• $GOOG First weekly close below COVID low aVWAP and a bearish MACD cross is NOT a good look...
Read Full Story »»»
DiscoverGold
|
Followers
|
232
|
Posters
|
|
|
Posts (Today)
|
0
|
Posts (Total)
|
9932
|
|
Created
|
05/02/04
|
Type
|
Free
|
| Moderators DiscoverGold | |||
GOOGLE
GOOGLE
8-34-200
toned daily pps PPO acuml vol r.s.i.
10 yr. black/daily/200ma 300ma 400ma 500ma 600ma PPS VOLUME
NEW UPDATES COMING /////\\\\\ 08-10-2015
