Google stock news
Here are the latest news and updates on Google's stock (Alphabet Inc., ticker symbol GOOGL):
Current Stock Price: $2,344.99 (as of 3:45 PM ET, March 17, 2023)
Recent News:
- Google's parent company Alphabet reports strong Q4 earnings: Alphabet reported a 24% increase in revenue to $76.05 billion, beating analyst expectations. The company's core advertising business saw a 15% increase in revenue, while its cloud computing business, Google Cloud, saw a 45% increase. (Source: CNBC)
- Google's AI-powered chatbot, Bard, to compete with Microsoft's ChatGPT: Google announced the launch of Bard, an AI-powered chatbot that can answer complex questions and generate text. The move is seen as a response to Microsoft's ChatGPT, which has gained popularity in recent months. (Source: The Verge)
- Google's self-driving car project, Waymo, expands to new cities: Waymo, Google's self-driving car project, has expanded its service to new cities, including San Francisco, Los Angeles, and Phoenix. The company is also testing its technology in other cities, including New York and Chicago. (Source: The New York Times)
- Google's YouTube faces antitrust investigation in the EU: The European Union has launched an antitrust investigation into Google's YouTube, alleging that the company has abused its dominant position in the online video market. (Source: Reuters)
- Google's CEO Sundar Pichai to testify before Congress: Google's CEO Sundar Pichai has been invited to testify before the US House of Representatives' Judiciary Committee regarding the company's handling of user data and its role in the spread of misinformation. (Source: The Hill)
Analyst Estimates:
- Average 12-month price target: $2,550.00 (Source: Yahoo Finance)
- Average 12-month price target range: $2,300.00 - $2,800.00 (Source: Yahoo Finance)
Recent Stock Performance:
- 1-year return: 44.1%
- 3-year return: 143.1%
- 5-year return: 234.1%
Please note that the stock price and news may have changed since the last update. It's always a good idea to check the latest information before making any investment decisions.