Tag: GOOGL

  • Alphabet Tops Earnings and Announces $70 Billion Buyback

    Alphabet Tops Earnings and Announces $70 Billion Buyback

    Alphabet (GOOG, GOOGL) just beat earnings. And it authorized a massive $70 billion stock buyback. EPS came in at $1.17, as compared to expectations for $1.07.  Sales were up to $69.79 billion, as compared to estimates of $68.9 billion. However, according to finance chief Ruth Porat, “the outlook remains uncertain” with the current economic environment.…

  • Three Top Tech Picks for New Year 2023

    Three Top Tech Picks for New Year 2023

    Don’t count out tech stocks just yet. According to Jefferies, stocks such as Meta Platforms (META), Alphabet (GOOG), and Uber (UBER) could come back strong on cost-cutting and attractive valuations. The firm currently has a buy rating on all three stocks. The firm also reiterated a $155 price target for Meta stock and a $125…