Google Parent Alphabet Is No Longer A $1 Trillion Company After Latest Earnings Miss

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Google Parent Alphabet is no longer a $1 trillion company after the latest earnings miss by skleb1234

Google’s market value had passed $1 trillion for the first time in mid-January, making it the fourth big tech company at the time to surpass that milestone.to reach a $1 trillion market cap back in August 2018, and continued to forge ahead with the stock rising nearly 6% in 2020 while it’s market value sits around $1.39 trillion.during the first half of 2019; its shares are up 12% so far in 2020 and the company is now worth $1.37 trillion giving Apple a run for its money as the most valuable U.

Jeff Bezos’ Amazon is the third big tech company with a market cap of more than $1 trillion—valued at $1.01 trillion today, its stock has risen just over 7% this year.Despite Alphabet’s missed earnings and decline in market value, Wall Street analysts remain overwhelmingly bullish on the stock and appear to be confident that it can bounce back. Eighty-nine percent of analysts covering the stock assign it a “buy” rating, 11% a “hold” rating and 0% a“sell” rating, according to Bloomberg data.

 

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skleb1234 ...soon overtaken by $TSLA. Might as well give up now with some honor still left. 😭

skleb1234 How will they survive

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Google Parent Alphabet Is No Longer A $1 Trillion Company After Latest Earnings MissI am a New York—based reporter for Forbes, covering breaking news—with a focus on financial topics. Previously, I've reported at Money Magazine, The Villager NYC, and The East Hampton Star. I graduated from the University of St Andrews in 2018, majoring in International Relations and Modern History. Follow me on Twitter skleb1234 or email me at sklebnikovforbes.com welcome to tres commas club loosers google firefox Twitter instagram LinkedIn .... Interval screen time scroll bar. A scroll bar which records how long a person looks at content, allowing them to return to specific posts and content they overlooked or looked over. It could be used for parental control. google sux
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