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GOOGL

✏️ Weekly Report: "Buy in May and Stay"?MARKET OVERVIEW The stocks had a good turnaround after a strong report from $NASDAQ:KLAC. NASDAQ:MSFT Also posted strong earnings! Could the famous saying "Sell in May and go away" turn to "Buy in May and Stay"? Lets review some charts. NASDAQ:QQQ The Qs snapped back after strong earnings. Now it looks like we are heading for the 50D SMA –––––––––––––––––––––––––––––––––––––––––––––––––––– NASDAQ:KLAC Up $19 from the $687 buy point that I shared in previous idea ( see related ideas below ) –––––––––––––––––––––––––––––––––––––––––––––––––––– NASDAQ:NVDA Mentioned it in previous idea ( see related ideas below ) before it skyrocketed $51. Could consider here or a little bit lower if it consolidates. –––––––––––––––––––––––––––––––––––––––––––––––––––– NASDAQ:SMTC Up $2 from the $33 buy point mentioned last week on the idea. Potential add point is the $35ish level. –––––––––––––––––––––––––––––––––––––––––––––––––––– NASDAQ:META We warned about META, what we are seeing is that buyers are stepping in on Friday and Thursday to support it. For the aggressive traders could play a snap back but personally, I would pass. –––––––––––––––––––––––––––––––––––––––––––––––––––– NASDAQ:MSFT MSFT snapped and squatted lower. Consolidation around the 50D SMA would present a good opportunity for a buy. Before that I would pass. –––––––––––––––––––––––––––––––––––––––––––––––––––– BINANCE:BTCUSDT Nothing to do on Bitcoin but wait during the base building period is over
NASDAQ:QQQLong
by SimplerSignals
Google Takes Flight: Soaring Valuation, Strong Earnings, and RewAlphabet Inc., Google's parent company, is experiencing a period of phenomenal growth. The tech giant is on the cusp of a historic milestone – a market capitalization approaching $2 trillion. This achievement comes alongside impressive quarterly earnings that surpassed analyst expectations, solidifying investor confidence. Further sweetening the deal for shareholders, Alphabet recently distributed its first-ever dividend and announced a substantial $70 billion stock buyback plan. The meteoric rise in market value reflects investor optimism about Google's future. The company's core advertising business remains robust, fueled by the ever-increasing reliance on digital marketing. Google's dominance in search and its expansive network of online properties continue to generate significant advertising revenue. But Google's ambitions extend far beyond traditional advertising. The company is at the forefront of artificial intelligence (AI) development. Its investments in AI research and applications are paying off, with innovations like Google Assistant and DeepMind showcasing the transformative potential of this technology. AI is being integrated across various Google products, enhancing user experiences and driving new revenue streams. Another key driver of growth is Google Cloud. This segment, often overshadowed by the advertising juggernaut, is steadily gaining traction. Cloud computing is a rapidly expanding market, and Google Cloud is well-positioned to capture a significant share. With its robust infrastructure, suite of cloud services, and focus on security, Google Cloud is attracting major corporations looking for reliable and scalable solutions. The recent surge in stock price also reflects the success of Alphabet's first-ever dividend payout. This move signals a shift in the company's strategy, acknowledging the growing base of long-term investors seeking regular returns. The dividend, coupled with the sizable stock buyback program, demonstrates Alphabet's commitment to rewarding shareholders and returning value. The buyback plan will reduce the number of outstanding shares, potentially driving up the stock price further. However, Google's path to continued dominance isn't without challenges. Regulatory scrutiny over data privacy and antitrust concerns remain significant hurdles. The company faces intense competition from other tech giants like Apple and Amazon, all vying for dominance in the digital landscape. Additionally, the broader market environment could impact Google's performance. Economic downturns or fluctuations in interest rates could dampen investor confidence and affect advertising spending. Despite these challenges, Google's future appears bright. The company has a proven track record of innovation, a diversified business model, and a strong financial position. With its recent stellar earnings report, soaring market value, and commitment to rewarding shareholders, Google is well-positioned to maintain its position as a tech leader for years to come.
NASDAQ:GOOGLong
by bryandowningqln
Google Share Price Rose Post-market to a New All-time RecordGoogle Share Price Rose Post-market to a New All-time Record Yesterday, after the close of the main trading session, a report on activities for the 1st quarter of Alphabet Inc. (Google's parent company) was published. The report was strong, exceeding investors' expectations. → Quarterly EPS = USD 1.89 (expected = USD 1.51), which represents a 15% increase year-over-year; → gross revenue = USD 80.539 billion (expected = USD 78.73 billion). It was the fifth straight quarter in which Alphabet beat analysts' expectations on both revenue and profit. But the main surprise was the company’s decision to start paying dividends and increase the amount allocated for share buybacks to USD 70 billion. According to Benzinga, Alphabet CEO Sundar Pichai made a number of important announcements about the future: → The company's combined YouTube and Cloud business revenues will be USD 100 billion in 2024, indicating a growth rate of 25% in each of the next three quarters. → Pichai also expressed confidence in Alphabet's ability to manage investments in AI, announcing capital expenditures of USD 12 billion. As a result, the share price of Alphabet Inc. Class A (GOOGL) surpassed USD 180 in post-market trading, setting a new all-time record. In premarket trading today, GOOGL is trading around USD 176. According to technical analysis of GOOGL stock price: → The ascending channel, in which the price fluctuated during 2023-2024, is now expanding upward. Its upper limit of USD 200 per share could be considered a target for bulls, provided the current positive sentiment continues; → Surely, at the opening of today's main trading session, a bullish gap will form on the GOOGL stock price chart, which in the future may serve as an area of support, as it did in the past (as shown by the purple figures). According to TipRanks, the average analyst price forecast for GOOGL is = USD 167 in 12 months, but given recent events, it would not be surprising to see forecasts revised upward. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
NASDAQ:GOOG
by FXOpen
2
Alphabet Q1'24 Earnings Report. Full UpAlphabet announced First Quarter 2024 Results. Sundar Pichai, CEO, said: “Our results in the first quarter reflect strong performance from Search, YouTube and Cloud. We are well under way with our Gemini era and there’s great momentum across the company. Our leadership in AI research and infrastructure, and our global product footprint, position us well for the next wave of AI innovation.” Ruth Porat, President and Chief Investment Officer; CFO said: “Our strong financial results for the first quarter reflect revenue strength across the company and ongoing efforts to durably reengineer our cost base. We delivered revenues of $80.5 billion, up 15% year-on-year, and operating margin expansion.” Revenues B$80.539, Change in revenues year over year +15 % Operating income B$25.472, Operating margin +32 %. Diluted EPS $1.89 ($1.511 Estimated). Dividend Program Alphabet’s Board of Directors approved the initiation of a cash dividend program, and declared a cash dividend of $0.20 per share that will be paid on June 17, 2024, to stockholders of record as of June 10, 2024, on each of the company’s Class A, Class B, and Class C shares. The company intends to pay quarterly cash dividends in the future, subject to review and approval by the company’s Board of Directors in its sole discretion. Stock Repurchases Alphabet’s Board of Directors today authorized the company to repurchase up to an additional $70.0 billion of its Class A and Class C shares in a manner deemed in the best interest of the company and its stockholders, taking into account the economic cost and prevailing market conditions, including the relative trading prices and volumes of the Class A and Class C shares. The repurchases are expected to be executed from time to time, subject to general business and market conditions and other investment opportunities, through open market purchases or privately negotiated transactions. Technical graph indicates on Strong Bullish Sentiment.
NASDAQ:GOOG
by Pandorra
✏️ Weekly Report: Weak Bounce & Weak $META MARKET OVERVIEW A weak bounce in the market this week, which lifted stocks modestly off their lows though most stocks are struggling to recover a significant portion of their recent losses. Tonight, Meta Platforms ( NASDAQ:META ) is adding more downside pressure on growth stocks after it announced weak guidance numbers and the stock collapsed $75 lower in afterhours trading. Let’s start the charts with Nasdaq-100 above (QQQ) –––––––––––––––––––––––––––––––––––––––––––––––––––– NASDAQ:META NASDAQ:SMTC Constructive pattern. Closed just above the $33 buy point, however I would like to see more volume pick up from here. NASDAQ:MSFT The stock needs strong earnings today to get past $431 would be a place to open a position. However, slicing through the support level at $395 is a sell short point for aggressive traders GOOGL Massive weekly Cup with Handle base. Earnings are coming today. Technical buy place is $160.25 if earnings are good and we have good volume. NASDAQ:KLAC This company reports earnings tomorrow. A move above the $687 is a buy point. However, weak earnings below $680 is a logical short. NASDAQ:NVDA Bounced to the 50D SMA (red) and turned down. Aggressive play for the intraday traders is a move over the $880 on a strong volume. NYSE:GS GS is just a little bit extended over the proper buy point. If the market starts rallying this could be a good short trade. I would be extra tight with stops here (around $414 level) if I was to play this. BINANCE:BTCUSD Bitcoin is performing a tight pivot. Over the blue line is a technical buy point (if we have good volume too)
NASDAQ:QQQ
by SimplerSignals
GOOGLE Short-term correction is another longterm buy opportunityLast time we looked at Alphabet Inc (Google/ GOOG) almost two months ago (February 27, see chart below) we caught an excellent buy entry and even tough the price dipped some more after, it is approaching our 168.00 Target: Yesterday's strong bearish 1D candle serves as an early signal that the stock can pull-back to its 1D MA50 (blue trend-line) again on the short-term before resuming the long-term bullish trend. After all this is not unfamiliar to Google's 15-month Channel Up pattern, which had a similar 1D MA50 pull-back on numerous occasions, the shortest of which has been -10.45%. Due to the fair symmetrical attributes of the Higher Highs as well, we revise our Target and place it even higher at 175.00 (+22.18% projection from the expected Low). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:GOOG
by TradingShot
1
GOOGL - After every Storm, there is a Rainbow 🌈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 GOOGL has been overall bullish, trading within the rising rainbow wedge pattern. Currently, GOOGL is in a storm 🌪/ correction phase and it is approaching the lower bound of the wedge acting as a non-horizontal support. Moreover, it is retesting a strong support zone at $128 marked in blue. 🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the blue support and lower rainbow trendline. 📚 As per my trading style: As #GOOGL is around the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
NASDAQ:GOOGL
by TheSignalyst
11
Google Expands Crypto Visibility with Etherscan IntegrationIn a significant move that underscores its growing interest in the cryptocurrency domain, Google ( NASDAQ:GOOG ) has announced its integration with Etherscan for Ethereum Name Service ( NYSE:ENS ). This collaboration is poised to revolutionize the crypto landscape, offering enhanced visibility and accessibility for Ethereum users worldwide. The integration, unveiled recently, allows Google ( NASDAQ:GOOG ) users to delve deeper into Ethereum transactions by incorporating ENS domains directly into their search results. What began as a feature enabling users to search for specific public addresses and view wallet balances has now evolved into a comprehensive service encompassing ENS domains. This expansion marks a pivotal moment for crypto enthusiasts, streamlining the process of navigating the Ethereum blockchain. Former ENS core team member Brantly Millegan highlighted the significance of this integration, emphasizing its potential to elevate the crypto experience for users. However, while the integration promises greater convenience, some users have reported sporadic availability issues. Notably, the feature appears to function more reliably in private browsing mode or when logged out of Google services, prompting discussions around optimization and accessibility. The enhanced service details offered through Google's integration with Etherscan are poised to transform how individuals engage with Ethereum transactions. Users can now seamlessly search ENS domains and view wallet balances associated with blockchain addresses, all within the familiar interface of Google search results. This not only simplifies the process of conducting transactions but also amplifies crypto visibility, making it more accessible to mainstream users. Yet, amidst these advancements, questions around data privacy and security loom large. As Google ( NASDAQ:GOOG ) deepens its integration with blockchain platforms like Etherscan, stakeholders must remain vigilant about safeguarding user data and ensuring robust security measures. Balancing innovation with accountability will be paramount as these developments reshape the cryptocurrency ecosystem. Beyond Google's collaboration with Etherscan, recent developments within the Ethereum community have captured attention. Reports of the Ethereum Foundation facing scrutiny from a State Authority inject an element of uncertainty into the market, underscoring the need for transparency and regulatory compliance. Meanwhile, updates emanating from the protocol's GitHub repository signal ongoing evolution within the Ethereum ecosystem, reflecting its dynamic nature. Technical Outlook Alphabet Inc. ( NASDAQ:GOOG ) reacted to the integration news by surging 1.95% in Friday's Market trading with a positive Relative Strength Index (RSI) of 65 indicating a strong buying bias. NASDAQ:GOOG is also trading above the 200-day Moving Average (MA). Despite a recent dip in trading volume, Ethereum's live price remains resilient, indicating resilience amidst market volatility.
NASDAQ:GOOGLong
by DEXWireNews
GOOGL Too Woke to Enter the AI Race Yet !!If you haven`t bought the dip on GOOGL: Then you should know the recent controversy surrounding Google's Gemini AI was sparked by a viral post revealing an image generated by the tool. This image depicted the U.S. Founding Fathers, inaccurately featuring a black man. The incident raised concerns about the AI's historical accuracy, prompting discussions about the precision and reliability of Google's Gemini AI image generator. Gemini faced criticism for producing images of German soldiers from World War Two that deviated from historical accuracy by featuring a black man and an Asian woman. The AI stated that there was "no right or wrong answer" when comparing Elon Musk posting memes to the actions of historical figures like Hitler. Gemini firmly rejected the idea of misgendering a high-profile trans woman, Caitlin Jenner, even in a hypothetical scenario involving a nuclear apocalypse. These instances of over-politicized responses have raised questions about the nuanced understanding of ethical dilemmas within the AI system. The controversy surrounding Gemini prompted Google to promptly pause the tool and issue an apology, acknowledging that improvements were needed to align the tool with ethical standards. I expect to see some significant resignations at Google soon! My price target for GOOGL for the next 2 months is $130.
NASDAQ:GOOGLShort
by TopgOptions