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The Latest Breaking News from Alphabet Inc

Google Ropes In Former PayPal Executive For Payments Division: Report

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…

Benzinga · Jan 19, 2022

Here's Why BofA Remains Bullish On Alphabet

Here's Why BofA Remains Bullish On Alphabet

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…

Benzinga · Jan 19, 2022

Morgan Stanley Bumps Up Alphabet Price By 7.2%

Morgan Stanley Bumps Up Alphabet Price By 7.2%

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…

Benzinga · Jan 19, 2022

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Why YouTube Is Cutting Back On Its Investments In Original Content

Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) video streaming unit YouTube cut the bulk of its investment towards original programming.

Benzinga · Jan 19, 2022

Google Announces Second Stadia Games Studio, 'Division 2' Launch

Alphabet Inc's (NASDAQ: GOOG) (NYSE: GOOGL) Google announced it's opening a second development studio for its gaming platform Stadia.

Benzinga · Mar 4, 2020

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