The ability of Alphabet Inc.’s advertising business to bounce back amid the pandemic has one analyst hopeful about what’s yet to come. Stifel’s Scott Devitt upgraded Alphabet Inc. stock GOOGL, +1.04% GOOG, +1.00% to buy from hold late Monday, arguing that “the resilience and speedy recovery” of Google’s digital-ad business …
Read More »The Ratings Game: Promise of transparency on Google Cloud results cheers Wall Street, Alphabet stock climbs
AP Google parent Alphabet Inc. shares broke with the broader market Friday, closing higher after the tech giant blew past Wall Street estimates with a return to revenue growth and a promise to be more transparent about cloud profitability. Alphabet GOOG, +3.43% GOOGL, +3.80% Class C shares, which had been …
Read More »Two stock market risks are hiding in Apple, Amazon, Facebook and Alphabet
Stock market bulls are giddy. What is there not to be happy about — the stock market mostly rises, and making money seems easy. While newly minted investors are focusing on running up small, speculative stocks, institutions are hiding in big-cap tech stocks. For prudent investors, the time to understand …
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