Key Points Alphabet hasn't been paying dividends for very long, and the annual yield isn't impressive.
Alphabet (GOOG) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Alphabet (GOOGL) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
[00:00:04] Doug McIntyre: So Lee, in the last week, we had an analyst talk about alphabet and what they called the Black Swan event.
Google's cloud services were down for a period of time on Thursday, along with a number of other cloud offerings. "We are experiencing service issues with multiple GCP products," a status page from Google showed, indicating that the outages began at 10:51 a.m.
Alphabet's Google Cloud was down for thousands of users on Thursday, according to outage tracking website Downdetector.com.
Alphabet is strengthening its competitive position in the search and cloud with the infusion of AI amid challenging macroeconomic conditions.
Google stock has rebounded sharply, but investor caution persists due to AI disruption risks and legal headwinds impacting its core ad business. Despite AI competition and legal setbacks, Google's robust search dominance and ongoing AI investments provide near-term stability and recovery potential. Cloud and Waymo businesses offer additional upside, and even a possible breakup could unlock further value beyond the ad-driven narrative.
Google extended buyout offers to more employees this week, marking the latest move by Big Tech firms to lower headcounts. It may not be the last, as companies face pressure to reduce spending amid an uncertain economic environment, while also investing in AI infrastructure.
Google has extended its voluntary exit program with severance to U.S.-based employees in more of its teams. [contact-form-7] The program was made available Tuesday (June 10) to the company's Core (central engineering), Marketing, Research, Knowledge & Information (K&I; Search, Ads, Geo and Commerce) and Communications teams, Google told PYMNTS Wednesday (June 11).
Google on Wednesday added a Chief AI Architect to its leadership ranks as the company continues to prioritize artificial intelligence and add the technology to more of its products. The company tapped Koray Kavukcuoglu, Google DeepMind's chief technology officer, for the new senior vice president position, the company confirmed Wednesday.
Alphabet's Google on Wednesday appointed an insider to lead its future AI-powered product development, as AI enters a new phase of mainstream adoption, according to a memo from CEO Sundar Pichai to company leaders seen by Reuters.