GOOGL stock climbed more than 5% this morning (Tuesday) to an all-time high of $807.94 after parent company Alphabet crushed earnings after the bell Monday.
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Here are this week's need-to-know facts about the stock market, economy, Wall Street, and life-changing global events...
It's the numbers that count in this crazy world. They can tell stories that words sometimes can't.
Alphabet Inc. (Nasdaq: GOOG, GOOGL), formerly known as Google Inc. up until Aug. 10, is at the end of its third quarter 2015.
It's been an impressive 14 weeks for the innovation powerhouse. To start, GOOG stock is up more than 12% in Q3 alone. That's a $55 billion market cap increase -- which means Google almost doubled the entire value of eBay Inc. (Nasdaq: EBAY), worth $29.4 billion, in a single quarter.
As remarkable as that sounds, Google's stretch into truly surprising areas is the real standout story of its third quarter.
Google is scheduled to report Q2 2015 earnings Thursday after the close.
The Internet search giant is expected to post strong results, but costs on new business ventures remain a key concern.
Google Inc. (Nasdaq: GOOG, GOOGL) released earnings after closing bell Thursday. It missed on both earnings and revenue.
But that didn't stop the Google stock price from climbing as high as 4.3% Friday.
"Contrary to what the rest of the world believes, Google earnings are all but irrelevant except in the very short term."
Money Morning Chief Investment Strategist Keith Fitz-Gerald knows Google Inc. (Nasdaq: GOOG, GOOGL) well. He has followed the tech giant since its founding in 1998. Just last week, Fitz-Gerald notched a successful prediction he'd made years ago when the EU filed antitrust charges against Google on April 15.
Google reported an earnings miss yesterday, which sent the stock down as much as 6% in after hours trading. But while Wall Street was displeased, not all the news was bad.
Q3 earnings season is just about underway. Keep up-to-date on the key reports with this convenient 2014 Q3 earnings calendar for October, November, and December.
Google Inc. (Nasdaq: GOOG) stock may be down 4% in 2014, but that hasn't impacted Google's brand equity. Yesterday (Tuesday), Google was named the world's most valuable brand according to research firm MillwardBrown's "2014 BrandZ Top 100" ranking.
Google surpassed Apple Inc. (Nasdaq: AAPL), which had held the top spot the previous three years.
Google Inc. (Nasdaq: GOOG, GOOGL) already owns YouTube, which dominates online video. So why is Google buying Twitch, a Web site that mostly just live streams people playing video games?
While the deal isn't official yet, many news outlets have reported that Google wants to buy Twitch for $1 billion. What many don't realize is how big the live streaming of online gaming has become.
The European Court of Justice has ruled that its citizens have the right to have links to certain information removed from search engines like Google Inc. (Nasdaq: GOOG) if that information is outdated or not in the public interest.
In this appearance Wednesday on FOX Business' "The Real Halftime" program with Stuart Varney, Money Morning Capital Wave Strategist Shah Gilani talks about what this decision on the so-called "right to be forgotten" will mean for Google stock.
On April 2, Google (Nasdaq: GOOG) unveiled a stock split - a 2-for-1 reapportionment that halved the price of the GOOG stock, so you can now snap up shares at a more affordable price.
Academics typically dismiss stock splits as "book-keeping" maneuvers, but retail investors often get pretty stoked about them.
This time it's the investor who has the right take on this.
A strong earnings report today would have gone a long way toward Google stock regaining its momentum. Unfortunately for shareholders, a strong report was not what they got.
Not only were revenue and EPS figures lower than expected, revenue generated from advertising was also disappointing.