FMP
Jun 2, 2025 6:04 PM - Andrew Wynn
Image credit: Google Images
Alphabet Inc., trading as NASDAQ:GOOG, is a leading technology company known for its search engine, Google, and other services like YouTube and Android. On June 2, 2025, Goldman Sachs maintained a "Buy" rating for GOOG, with the stock priced at $169.71. This decision underscores the potential gains from Google AI innovation and the underappreciated value of YouTube, as highlighted by Benzinga.
Despite the positive outlook, Google faces significant antitrust scrutiny. As reported by NYTimes, there is ongoing debate about a potential breakup of Google. Prosecutors advocate for a smaller Google, while some critics believe this could benefit investors and customers by fostering innovation. This scrutiny has led to a $500 million investment over the next decade to revamp Google's compliance structure.
The compliance overhaul is part of a settlement to resolve shareholder litigation accusing Google of antitrust violations. The lawsuit, led by Michigan pension funds, alleged breaches of fiduciary duties by executives, including CEO Sundar Pichai. The settlement, pending approval, includes establishing a standalone board committee for risk and compliance oversight.
GOOG's current stock price on NASDAQ is $169.63, reflecting a 1.86% decrease. The stock has traded between $168.65 and $171.06 today, with a 52-week high of $208.70 and a low of $142.66. Alphabet's market capitalization is approximately $2.05 trillion, with a trading volume of 13.6 million shares.
Nov 22, 2024 5:08 AM - Parth Sanghvi
Fundamental analysis is one of the most essential tools for investors and analysts alike, helping them assess the intrinsic value of a stock, company, or even an entire market. It focuses on the financial health and economic position of a company, often using key data such as earnings, expenses, ass...
Dec 17, 2024 8:58 AM - Sanzhi Kobzhan
Tesla, one of the world’s most talked-about electric vehicle manufacturers, attracts a lot of attention from investors and market watchers. By examining a snapshot of Tesla’s financial ratios—such as those provided by FinancialModelingPrep’s Ratios API—we can get a clearer picture of the company’s f...
Dec 22, 2024 7:59 AM - Sanzhi Kobzhan
When it comes to cutting-edge software and data analytics, Palantir Technologies (NYSE: PLTR) is often front and center. But for many investors, it’s important to consider alternative or complementary stocks in the same sector that may offer robust growth potential. As PLTR looks expensive (overvalu...