Alphabet Inc. (GOOG)
Pre-Market:
| Previous Close | 170.90 |
| Open | 171.59 |
| Bid | 171.83 x 100 |
| Ask | 171.89 x 100 |
| Day's Range | 170.42 - 172.75 |
| 52 Week Range | 115.83 - 176.42 |
| Volume | |
| Avg. Volume | 22,873,549 |
| Market Cap | 2.1T |
| Beta (5Y Monthly) | 1.02 |
| PE Ratio (TTM) | 26.37 |
| EPS (TTM) | 6.52 |
| Earnings Date | Jul 23, 2024 - Jul 29, 2024 |
| Forward Dividend & Yield | 0.80 (0.47%) |
| Ex-Dividend Date | Jun 10, 2024 |
| 1y Target Est | 184.50 |
- Yahoo Finance Video
Meme stock trading, home prices, small business optimism: Wealth!
In today's episode of Wealth!, Anchor Brad Smith walks you through the biggest trends impacting consumer savings and expert opinions on the top strategies to build your personal wealth. President Biden deployed a swift series of tariffs against Chinese imports, expected to place new tax rates on up to $18 billion worth of goods, including EVs, semiconductors, and solar panels. Yahoo Finance's Rick Newman and Pras Subramanian detail where these new tariffs will materialize most noticeably for American consumers. Watch Yahoo Finance's broadcast of the White House event where President Biden spoke on the tariffs, or catch Executive Editor Brian Sozzi's exclusive interview with President Biden discussing what these new trade policies hope to achieve. GameStop shares (GME) are leading the way in what many are calling the second coming of the 2021 meme stock frenzy. YouTube Host Matt Kohrs joins Yahoo Finance to discuss the re-emerging trend, calling it a form of "social rebellion" that has no respect for the fundamentals of traditional stock trading. Chase Business Banking CEO Ben Walter also sits down with Brad Smith to talk about small business optimism and how small business owners are looking long-term to "cycle proof" their enterprises against any sort of economic variances. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
New tariffs on China, meme rally, Walmart layoffs: Morning Brief
In today's edition of The Morning Brief, Hosts Seana Smith and Brad Smith break down current market trends and what you need to know for the trading day ahead. Stocks (^DJI, ^IXIC, ^GSPC) opened relatively flat on Tuesday morning following hotter-than-expected Producer Price Index (PPI) inflation data for April. Jefferies Senior US Economist Thomas Simons joins the show to break down the PPI print and what it signals for the Federal Reserve, believing there is a chance interest rate cuts may not happen this year at all. Meanwhile, President Biden is set to unveil a new wave of tariffs on Chinese imports, including electric vehicles, semiconductors, and precious minerals. Yahoo Finance's Jennifer Schonberger analyzes the sectors most likely to be impacted. Meme stocks like GameStop (GME) continue to soar in a second-day rally following the online return of user "Roaring Kitty" on X (formerly Twitter), who was largely responsible for the 2021 GameStop short squeeze. However, the retail sector is under pressure, as Walmart (WMT) is reportedly preparing to lay off hundreds of corporate workers and Home Depot (HD) posted first-quarter earnings that fell below Wall Street estimates, signaling a pullback on consumer spending. Shares of Alibaba (BABA) also sunk after the company posted an 86% loss in profit year-over-year. Tesla (TSLA) is backpedaling its recent decision to lay off most of its Supercharger team, as Bloomberg reports the electric vehicle giant is preparing to rehire some of them. Alphabet (GOOG, GOOGL) is expected to unveil new artificial intelligence initiatives in its Google I/O developer conference today. This post was written by Melanie Riehl
- Yahoo Finance Video
Implications of Biden's China tariffs, meme trade: Catalysts
Catalysts Hosts Seana Smith and Madison Mills cover the latest developments in the latest meme stock trading frenzy and the Biden administration trade policies as it unveiled an array of new tariffs against China. Kicking off the show, the resurgence of the meme stock trade is in focus. Various guests, including Newton Investment Management's Chief Investment Officer and Head of Equity John Porter, The Kobeissi Letter Editor-in-Chief Adam Kobeissi, and IG North America CEO JJ Kinahan, unpack the implications of this phenomenon for investors and the broader market dynamics. Shifting gears, the show delves into notable announcements from industry titans: Comcast's (CMCSA) unveiling of a new streaming bundle, Alphabet's (GOOG, GOOGL) autonomous driving unit Waymo facing an investigation, and Uber's (UBER) potential $950 million acquisition of foodpanda's Taiwan segment take center stage. The show also tackles the Biden administration's new tariffs on Chinese imports, with Yahoo Finance Senior Columnist Rick Newman providing insights into how this move may impact the upcoming election. Former Home Depot CEO Bob Nardelli also weighs in with his comments on this administration's decision. This post was written by Angel Smith
