Google-parent Alphabet hits record high after Trump taps Andrew Ferguson as FTC chair
3 months, 1 week ago

Google-parent Alphabet hits record high after Trump taps Andrew Ferguson as FTC chair

The Hindu  

Alphabet led a Big Tech rally on Wednesday, with its stock hitting a record high after U.S. President-elect Donald Trump picked Federal Trade Commissioner Andrew Ferguson to lead the consumer protection and antitrust agency. Ferguson was a "known dissenter" under Khan "and many people feel under his leadership the antitrust case against Alphabet will come to an end", said Jay Woods, chief global strategist at Freedom Capital Markets. Tesla jumped 4.6%, also to a record high, extending its rally since the Nov. 5 presidential election on bets the EV-maker will benefit from CEO Elon Musk's close relationship with Trump. "While Google sometimes has been viewed as 'behind' in AI, the recent quantum breakthrough shows us that the company knows how to construct processors," said Jamie Meyers, senior analyst at Laffer Tengler Investments.

Tech Trump Google Alphabet Khan Ai Ferguson Ftc  googleparent  chair  ferguson  high  big  antitrust  technology  shares  andrew  tech  trump  ftc  ai  hits  taps  record  alphabet  khan

History of this topic

Google’s parent Alphabet breaches $2 trillion in market value
3 years, 4 months ago

Google’s parent Alphabet breaches $2 trillion in market value

Al Jazeera  

Bulls see the stock rising further, fuelled by a rebound in spending on digital ads and growth in its cloud business. Google parent Alphabet Inc. rallied Monday to breach $2 trillion in market value for the first time, fueled by a rebound in spending on digital ads and growth in its cloud business. Alphabet trades around 24 times forward earnings, …

Donald Trump dubs tech giants the MAGA club as their market value soars
5 years, 1 month ago

Donald Trump dubs tech giants the MAGA club as their market value soars

Daily Mail  

Four tech giants whose initials spell out President Donald Trump's favorite acronym have sent the stock market soaring to record highs. Four tech giants whose initials spell out President Donald Trump's favorite acronym have sent the stock market soaring Trump has been critical of Amazon founder Jeff Bezos, seen together with Microsoft CEO Satya Nadella at a June 2017 meeting …

Google’s parent, Alphabet Inc, valued at more than $1 trillion
5 years, 2 months ago

Google’s parent, Alphabet Inc, valued at more than $1 trillion

Al Jazeera  

Alphabet Inc. hit a milestone on Thursday, as a rally in the stock took it above a $1 trillion valuation for the first time, solidifying the dominance of technology and internet stocks as the biggest titans of Wall Street. Globally, the list is topped by Saudi Aramco, Saudi Arabia’s national oil company, which went public last month and currently has …

Google's parent company Alphabet overtakes Apple to become most valuable traded US company
9 years, 1 month ago

Google's parent company Alphabet overtakes Apple to become most valuable traded US company

Firstpost  

Google’s parent company, Alphabet Inc surpassed Apple Inc as the most valuable company in the United States in after-hours trading on Monday, knocking the iPhone maker from the top spot that it has held for the better part of four years. Alphabet Inc surpassed Apple Inc as the most valuable company in the United States in after-hours trading on 1 …

Discover Related