The Latest Breaking News from Alphabet Inc

Alphabet Inc - Class A's (NASDAQ:GOOGL) short percent of float has fallen 5.48% since last its last report. The company recently reported that it has 2.06 million shares sold short, which is 0.69% of all regular shares that are available for trading.

Alphabet Inc's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google hired former PayPal Holdings Inc (NASDAQ: PYPL) executive Arnold Goldberg to run its payments division, Bloomberg reports. The hiring is a part of Google's broader strategy to team up with a broader range of financial services, including cryptocurrencies, the report quoted Bill Ready, Google's President of commerce.  Ready, PayPal's former…

BofA analyst Justin Post raised the price target on Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) to $3,470 from $3,210 and reiterated a Buy rating on the shares. The price target implies an upside of 27%. The analyst expects deceleration in 2022 versus the 41% estimated search growth in 2021. However, he thinks Google is still early in…

Morgan Stanley analyst Brian Nowak raised the price target on Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) shares to $3,430 from $3,200 and reiterated an Overweight rating on the shares. The price target implies an upside of 25.8%. Nowak updated his models and rolled forward valuations among his Internet sector coverage.  Heading into 2022, Nowak said he remains…