Sci-tech

Alphabet Reports Strong Q3 Earnings

Alphabet Reports Strong Q3 Earnings

Pictet Asset Management Ltd. increased its holdings in Alphabet by 10.7% in the 3rd quarter.

Shares in the internet search giant, cloud computing provider and owner of YouTube rose 3.7% to 1,028 in after-hours trading on the stock market today.

Headcount was up to 78,101, versus 69,953 for the same quarter previous year. Naples Global Advisors LLC now owns 703 shares of the information services provider's stock valued at $596,000 after acquiring an additional 11 shares in the last quarter. Finally, Stevens Capital Management LP lifted its position in Alphabet by 228.1% during the first quarter. Hedge funds and other institutional investors own 33.83% of the company's stock.

Shares of Alphabet Inc. (GOOGL) is Seatown Holdings Pte. If you are accessing this article on another website, it was illegally copied and reposted in violation of US and worldwide trademark & copyright legislation. The original version of this news story can be viewed at https://stocknewstimes.com/2017/10/26/eads-heald-investment-counsel-sells-116-shares-of-alphabet-inc-googl.html.

Vegas Shooter Stephen Paddock Brother Arrested for Child Porn
He spoke with NBC News in the aftermath of the attack and said he hadn't talked with his brother in about 10 years. Authorities have reached out and spoken to Paddock's family and girlfriend.

Braun Stacey Associates Inc. cut its holdings in shares of Alphabet Inc. Alphabet Inc. has a 52 week low of $662.36 and a 52 week high of $819.06. The firm's 50-day moving average is $799.80 and its 200 day moving average is $759.50.

Alphabet (NASDAQ:GOOGL) last released its earnings results on Monday, July 24th.

Paid clicks on Google properties were up 6 percent year-over-year and aggregate cost-per-click (CPC) was up 1 percent.

Analysts had been modeling $21.94 billion in net revenue, and $8.35 per share profit.

Trump responds to dossier revelation: I'm the victim here
Before that agreement, Fusion GPS's research into Trump was funded by an unknown Republican client during the GOP primary. Republicans on the House Intelligence Committee, which is probing Russia's election role, have done so as well.

A number of brokerages have recently issued reports on GOOGL.

Alphabet Inc. (GOOGL)(GOOGL) shares surged in the extended session Thursday after the company beat earnings and revenue expectations. Jefferies Group LLC restated a "buy" rating and set a $1,200.00 target price on shares of Alphabet in a report on Tuesday, July 4th. Naples Global Advisors LLC raised its holdings in shares of Alphabet by 1.6% during the first quarter. They noted that the move was a valuation call. One analyst has rated the stock with a sell rating, eight have given a hold rating, thirty-nine have issued a buy rating and one has issued a strong buy rating to the company's stock. Bank of America Corp. restated a "buy" rating and issued a $960.00 price target on shares of Alphabet in a research report on Monday, September 26th.

A corporate reorganization started two years ago created Alphabet, which has holdings including cash-engine Google and ventures devoted to innovative "moon shots" such as Waymo self-driving vehicle unit and a Loon project for delivering internet service from high-altitude balloons.

Operating loss for Other Bets, which includes other Alphabet companies like X, Nest, and Waymo, was $812 million. Google has discovered less than $100,000 worth of ads so far.

Cabinet approves construction of over 83000 km roads
Port connectivity will also be increased by building 2,000 km of roads in conjunction with Sagarmala. With the announcement, the government plans to counter the criticism related to producing jobs.


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