Google Stock News

YouTube, Waze, DoubleClick, Nest, Looker, Fitbit, and Mandiant are major companies owned by Alphabet.

Alphabet Inc''s Google on Thursday again beat back a lawsuit saying it misused song lyrics transcribed by popular lyric site Genius, persuading a U.S. appeals court to reject Genius'' claims.

Markets resumed their selloff today after cabinet-level talks between Ukraine and Russia failed to result in any progress toward a diplomatic solution to end the conflict between the two countries. Investors were also treated to the latest inflation update, which came in red-hot once again. Specifically, the Labor Department said its consumer price index (CPI) – which measures the cost consumers pay for goods and services – rose at an annual rate of 7.9% in February, the quickest year-over-year (YoY) increase since January 1982. SEE MORE 14 Commodity ETFs to Ease Inflation Worries "Notable increases came from food and energy, which increased 7.9% and 25.6% [YoY], respectively," says Peter Essele, head of portfolio management for Commonwealth Financial Network. However, "Gains were seen across the board, including the shelter component of CPI that typically makes up one-third of household budgets," Essele adds. Core CPI, which excludes the volatile food and energy sectors, was up 6.4% from the year prior.

One of the most popular games on computers and mobile devices could see increasing engagement on consoles soon if a job posting leads to the expansion of the franchise. What Happened: A job posting from Roblox Corp (NYSE: RBLX ) is picking up steam across technology sites as it could mean the hit game could soon be added to PlayStation 4 and PlayStation 5 consoles from Sony Group Corp (NYSE: SONY ). Roblox is a free-to-play game that was launched in 2006 for the PC and was later added to mobile phones using the Apple Inc (NASDAQ: AAPL ) iOS store and Google Play store from Alphabet Inc (NASDAQ: GOOG )(NASDAQ: GOOGL ) in 2012 and 2014, respectively. The game is also playable on the Xbox One console from Microsoft Corporation (NASDAQ: MSFT ). It was added in 2015. To date, the game has remained absent from Nintendo and Sony consoles. A … Full story available on Benzinga.com

Bank of America data show that about 15% of the S&P 500’s market cap is in stocks that trade for at least $500---a level that could be high enough to make a split worthwhile.

A highly anticipated series set in the Star Wars universe is set to hit Disney+ in May. A trailer for the show had impressive views in its first 24 hours, which could signal the demand and anticipation for the show. What Happened: Walt Disney Co (NYSE: DIS ) released the first teaser trailer for “Obi-Wan Kenobi” on Wednesday. The trailer has 7.4 million views and is the number one trending video on YouTube , a video platform owned by Alphabet Inc (NASDAQ: GOOG )(NASDAQ: GOOGL ). “Obi-Wan Kenobi” will be released on the streaming platform on May 25, 2022. As previously reported, the release date surprised some as it was not May 4, known as a Star Wars holiday for the popular tagline, “May the force be with you.” May 25 is an important day in Star Wars history as it marks the 45th anniversary of the release of “Star Wars IV: A New Hope,” the first Star Wars feature film. “Return of … Full story available on Benzinga.com

Incumbent British telecom BT (BTGOF) has signed a five-year deal to move its data to Google Cloud ([[GOOG]] -1.7%, [[GOOGL]] -1.7%)

Shares in Amazon.com ( AMZN , $2,785.58) popped at Thursday''s opening bell in an otherwise down market after the e-commerce colossus said it would effect a 20-for-1 stock split and buy back up to $10 billion of its shares. The Amazon stock split will be the fourth in the company’s history, and it follows on the heels of Google parent Alphabet''s ( GOOGL ) own 20-for-1 split announced in February . SEE MORE 15 Stock Picks That Billionaires Love And just as with Google''s move, Amazon''s stock split could open the door for its inclusion in the elite Dow Jones Industrial Average one day. The Details on the Amazon Stock Split and Buybacks Amazon, which announced the stock split late Wednesday, will give each shareholder 19 additional shares for each share held (pending shareholder approval, of course) on June 3. The company said AMZN stock will begin trading on a post-split basis on June 6. Based on current levels, shares would go for just under $140 apiece following the Amazon stock split. That should make AMZN shares more attractive to retail investors currently put off by the four-figure sticker price of more than $2,900. "This split would give our employees more flexibility in how they manage their equity in Amazon and make the share price more accessible for people looking to invest in the company," an Amazon spokesperson said.

Amazon and Google owner Alphabet are two of the most dominant companies on Earth. Each is worth more than $1 trillion and is a leader in multiple industries. But neither stock is a member of Wall Street''s most exclusive club: the Dow Jones Industrial Average. That may soon change.

E-commerce giant Amazon (AMZN) has announced a 20-for-1 stock split and a plan to buyback $10 billion of its own shares. It’s Amazon’s first stock split since the dot-com boom in 1999 and the fourth split in the company’s history. While largely cosmetic, stock splits make the shares cheaper to buy and more accessible to a larger number of investors, especially individual retail investors. Were the split to happen today (March 10), the cost of each share would go from $2,785.58 to $139.28, and each existing shareholder would get 19 additional shares for every one that they own. Amazon is the latest technology company to split its stock. Google parent company Alphabet (GOOGL) announced a 20-for-one split in February. And in mid-2020, Apple (AAPL) split its stock on a four-for-one basis. Amazon’s stock has been among the worst performing technology securities over the last year and has dropped 16% so far in 2022. Last month, Amazon reported its slowest rate of growth for any quarter since 2001.

The race is on between Amazon and Alphabet to see which stock will join the blue-chip index first. It could end in a draw.

Meta Platforms Inc''s (NASDAQ: FB ) VP of youth Pavni Diwanji departed as part of a restructuring, the Wall Street Journal reports . Diwanji supervised Instagram''s development of a controversial product for children. Diwanji previously served as a VP at Alphabet Inc''s (NASDAQ: GOOG ) (NASDAQ: GOOGL ) … Full story available on Benzinga.com