Google Inc.'s (Nasdaq: GOOG) plan to merge its European operations might look like a defensive pullback, but it's really a potential buying opportunity. In fact, Money Morning's Defense and Tech Specialist Michael Robinson thinks the stock could soar 50% over the next three and a half years.
Google stock is one of our favorite tech plays. It got even better with the Feb. 23 announcement that Google will purchase the mobile payment company Softcard (formerly known as Isis).
Essentially, the search engine company is buying Softcard's technology to use as Google Wallet.
The purchase also guarantees pre-installment of Google Wallet on all Verizon Communication Inc. (NYSE: VZ), T-Mobile US Inc. (NYSE: PCS), and AT&T Inc. (NYSE: T) Android phones in the United States starting later this year.
Money Morning's Tech Specialist Michael Robinson was spot-on with his latest Google Inc. (Nasdaq: GOOG) stock prediction.
The search engine giant is one step closer to tech world domination.
New FAA drone regulations proposed Feb. 15 aren't what tech giants Google Inc. (Nasdaq: GOOG, GOOGL) or Amazon.com Inc. (Nasdaq: AMZN) had hoped for.
"...Once you spend some time looking at them, some of the things proposed would be devastating to the future of the industry," Small UAV Coalition executive director Michael Drobac said to The Wall Street Journal Monday.
More than 3 billion people on Earth still have no or poor access to the Internet. Elon Musk wants to build a network of hundreds of low-orbiting satellites that will deliver high-speed, low-cost Internet to the most remote places on Earth.
But he won't be building this "Space Internet" alone. One tech company is already helping him make his dream a reality.
GOOG earnings were released post-market today (Thursday)...
Google Inc. (Nasdaq: GOOG, GOOGL) reported fourth quarter earnings per share (EPS) of $6.88 - $0.20 under projections. Revenue came in at $14.5 billion (16.9% growth year over year), also under expectations by $110 million.
Our advice: ignore the bottom line miss. Ignore chatter about how Google's advertising has lost steam (the average price of Google's digital advertisements fell 3%).
Stock market today, January 29, 2015: U.S. stock futures for Thursday, Jan. 29, forecasted a 33-point gain from yesterday's close. The Dow Jones shed 195 points on Wednesday following a U.S. Federal Reserve statement about interest rates issued at the conclusion of the FOMC meeting.
Today, investors will focus on a busy day of earnings reports that includes quarterly updates from Google Inc. (Nasdaq: GOOG, GOOGL), Amazon.com Inc. (Nasdaq: AMZN), and Alibaba Group Holding Ltd (NYSE: BABA). Additionally stay tuned for earnings reports from these notables: Visa Inc. (NYSE: V), Viacom Inc. (Nasdaq: VIAB), Valero Energy Corp. (NYSE: VLO), Time Warner Cable Inc. (NYSE: TWC), Colgate-Palmolive Co. (NYSE: CL), ConocoPhillips (NYSE: COP), and Abbott Laboratories (NYSE: ABT).
Google Fiber is about to expand to four more cities: Atlanta, Ga., Nashville, Tenn, and Charlotte and Raleigh-Durham, N.C. That's cause for celebration for those lucky denizens...
You see, the American Customer Satisfaction Index ranks Comcast Corp.- Google Fiber's main competitor - as the most-hated company in the U.S. in 2014. It was followed closely by Time Warner Cable Inc., another huge American ISP and Fiber rival.
In fact, customer satisfaction ranking in the ISP industry currently falls below the health insurance industry and airlines.
You may be wondering, "When should I buy Google stock?" - especially with all the excitement surrounding its new mobile deal.
Reports that came out yesterday (Wednesday) revealed that Google is planning to team up with Sprint Corp. (NYSE: S) and T-Mobile U.S. Inc. (NYSE: TMUS) to provide wireless service plans, challenging incumbent carriers like Verizon Communications Inc. (NYSE: VZ) and AT&T Inc. (NYSE: T).
U.S. stock futures for Thursday, Jan. 22, forecasted a 70-point increase from yesterday's close.
This morning, investors jumped on an announcement by Mario Draghi and the European Central Bank (ECB) of a massive bond-purchasing program to help kick-start the struggling continent's economy to the tune of 60 billion euros a month.
Your next wireless cellphone service plan could be with Internet giant Google Inc. (Nasdaq: GOOG, GOOGL)...
Google mobile service plans are in the works, according to a report this afternoon (Wednesday) from The Information. Google is almost ready to "sell mobile phone plans directly to customers and manage their calls and mobile data over a cellular network."
GOOG's mobile service project, codenamed "Nova," is likely to launch sometime in 2015. Some employees have already tested it.
Updated Jan. 21, 2015: An exciting Google-SpaceX partnership was formed Tuesday evening. Together, the visionary companies will attempt to bring the remaining two-thirds of the globe online...
You see, more than 60% of the world's population is still offline, according to a September 2014 study by McKinsey & Co.
After a day of rumors, the Internet giant and Fidelity confirmed a $1 billion investment in Elon Musk's SpaceX around 5 p.m. ET Tuesday. A source close to the deal said Google valued SpaceX north of $10 billion.
Good morning! Stock market futures for Tuesday, Jan. 13, forecasted a 74-point gain over yesterday's close. In the last session, the Dow Jones plunged 96 points after crude oil prices crashed more than 4%.
Today, investors will react to the kickoff of earnings season. Watch for reports from KB Home (NYSE: KBH), Kinder Morgan Inc. (NYSE: KMI), and CSX Corp. (NYSE: CSX).
Those tempted to buy Yahoo stock because they see it one day dethroning the likes of Google or Facebook should be reminded of where Yahoo’s true value lies.
Especially since every small victory Yahoo Inc. (Nasdaq: YHOO) seems to secure is invariably greeted as evidence that Chief Executive Officer Marissa Mayer is successfully breathing new life into a struggling, once-great web portal and online services giant.
Bit by bit, Europe is mounting pressure on Google Inc. (Nasdaq: GOOG, GOOGL) to give up its 90% market share in Europe. New laws in Spain and Russia pushed the tech giant to announce an exit from the two countries this week.