Tag GOOGL

Contrary to popular belief, the world’s most profitable company in 2023 is not a tech giant like Apple Inc. or Alphabet Inc.'s Google but oil giant Saudi Aramco. Last year, Saudi Aramco reported a net income of $161.1 billion, marking its highest annual profit as a listed company​​. This immense profitability is built on a foundation of $592 billion in oil and petrochemicals sales, a significant increase from $400 billion in sales the previous year​​. Fortune recognized Saudi Aramco as the most...

Beginning Friday, Google is moving ahead with its plan to delete accounts that have been inactive for at least two years...

In this article, we discuss the 10 stocks that George Soros and Jim Cramer love. If you want to read about some more stocks in the portfolio of Soros and Cramer, go directly to George Soros and Jim Cramer Love These 5 Stocks. George Soros, the founder of Soros Fund Management, is one of the […]...

The U.S. Justice Department wrapped the evidentiary phase of its antitrust trial against Google a couple of weeks ago, with closing arguments set for May 2024. At its core is a question: Can a giant of industry engage in anticompetitive business practices legally, as long as those practices create a better product for that business and its own customers? Judge Amit Mehta reportedly says he has “no idea" how he will rule in this landmark case that could decide not just the future of the internet,...

Shares of Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) have soared over 5,000% since the company went public in 2004. Brands such as YouTube, Google, and Android have made it challenging for most consumers to go a single day without using an Alphabet product. The company's dominance in tech and meteoric rise over the years might suggest the best time to invest in Alphabet has long passed...

An area to look at that has benefited from secular growth thanks to the advent of the internet is digital advertising. As one of the leading internet enterprises, Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) spearheaded the digital advertising space. With essential internet-based properties under its belt, namely google.com and youtube.com, it shouldn't shock people that the web traffic this business attracts creates virtually unlimited opportunities to sell digital ads...

Macroeconomic issues and concerns triggered a dramatic sell-off in the tech market in 2022 as the Federal Reserve boosted benchmark interest rates to fight inflation. One of the biggest winners of the AI boom so far has been Nvidia (NASDAQ: NVDA), which has seen its stock rise 242% year to date. The Google parent has used the last year to invest heavily in the sector and plans to launch a highly anticipated large language model, dubbed Gemini, next year...

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