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In October 2006, Google announced that it had acquired the video-sharing site YouTube for $1.65 billion in Google stock, and the deal was finalized on November 13, 2006.. On April 13, 2007, Google reached an agreement to acquire DoubleClick for $3.1 billion, transferring to Google valuable relationships that DoubleClick had with Web publishers and advertising agencies.
This translated to a total revenue of US$110,855 million in 2017 and a net income of US$12,662 million. On February 1, 2016, Alphabet Inc. surpassed Apple to become the world's most valuable publicly traded company until February 3, 2016, when Apple surged back over Alphabet to retake the position.
After the IPO, Google's stock market capitalization rose greatly and the stock price more than quadrupled. On August 19, 2004, the number of shares outstanding was 172.85 million while the "free float" was 19.60 million (which makes 89% held by insiders). Google has a dual-class stock structure in which each Class B share gets ten votes ...
In this video, I will go over Alphabet's (NASDAQ: GOOGL) (NASDAQ: GOOG) second-quarter earnings and some comments from management and explain why I remain bullish on the company for the long term ...
Alphabet’s revenue for the April-June period climbed 14% from the same time last year to $84.74 billion. The Mountain View, California, earned $23.62 billion, or $1.89 per share, a 29% increase ...
Alphabet, the parent company of Google, bounced back from an absolutely dreadful day for tech shares, as its stock surged Thursday after the closing bell. All it had to do was to hand out billions ...
At that time Page, Brin and Schmidt agreed to work together at Google for 20 years, until the year 2024. [67] The company offered 19,605,052 shares at a price of $85 per share. [68] [69] Shares were sold in an online auction format using a system built by Morgan Stanley and Credit Suisse, underwriters for the deal.
On Oct. 28, 2024, the stock will trade at $143.00. On Oct. 28, 2025, the share price for GOOGL will be $157.37. As for where will Google stock be in 2030, AI Pickup noted that the share price ...