Google Stock News

The Senate Judiciary Committee on Thursday overwhelmingly passed a bill aimed at curtailing the market power of Apple Inc.''s and Google parent Alphabet Inc.''s app stores. By a 20-2 vote, the committee pushed along the Open App Markets Act, with only Sens. John Cornyn, R-Texas, and Thom Tillis, R-N.C., in opposition. It is the second tech competition bill passed by the committee this year. Last month, the panel advanced the American Innovation and Choice Online Act, which would accomplish some of the same goals but is broader and could apply to Amazon.com Inc. and Meta Platforms Inc. as well. Both bills, which go to the full Senate, are intended to help developers led by advocates such as Epic Games Inc., Spotify Technology , and Match Group Inc. . Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Alphabet Inc''s Google on Thursday denied claims that it is shirking court orders to disclose thousands of pages of records to class attorneys representing publishers and advertisers alleging antitrust violations in the digital advertising market.

Retail Investors Are Flooding In To Buy Meta''s Face-plant Dip Years of BTFD instinct don''t go away just like that, and with Facebook plunging the 26%, its biggest drop ever, and also the biggest loss of market cap by any company in US history - putting it in context FB has lost more value today than the market cap of 455 S&P500 members - and after its opening collapse, the retail crew has arrived and according to Fidelity, thousands of retail investors are buying the dip this morning. According to Fidelity , FB was by far the most traded among individual investors using Fidelitys platform, with volumes more than five times that of Tesla, the second-most traded stock according to Bloomberg. The imbalance was 80% in favor of dip buyers, with more than 49k buy orders placed on the platform as of 11:52am, compared to 12k sell orders as of 11:52 a.m. in New York. In context, the staggering amount of buy orders was roughly seven times the demand for Amazon, the second-most bought stock. The flood of retail buying is hardly as surprise, and it represents a continuation of the relentless, if somewhat more subdued, purchases by ordinary investors.

Alphabet proved a desirable destination for advertisers during the holiday quarter.

This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. (Thursday Market Open) Equity index futures are pointing to a lower open as mega-tech Meta (NASDAQ: FB) and pandemic-play Spotify (NYSE: SPOT) disappoint on earnings and are pulling others down with them. Nasdaq futures were getting hit in premarket dropping more than 300 points. After Wednesdays close, the parent company of Facebook and Instagram Meta Platforms (NASDAQ: FB ) was down more than 23% in extended-hours trading after missing on earnings estimates. Rising costs hurt the company despite it beating on revenue estimates. The companys stock price was hurt by higher expenses and a lower-than-expected earnings outlook. Meta dragged down other social media contemporaries in after-hours trading with Twitter (NYSE: TWTR) and Pinterest (NYSE: PINS) falling 8% respectively. These companies are struggling in the post-pandemic reopening trade. The semiconductor group continues to be batted back and forth with earnings announcements.

Shares of ON Semiconductor (NASDAQ: ON ) moved higher by 0.65% in the past three months. Before we understand the importance of debt, let us look at how much debt ON Semiconductor has. ON Semiconductor''s Debt Also check out this: Alphabet And 4 Other Stocks Sold By Insiders According to the ON Semiconductor''s most recent balance sheet as reported on November 1, 2021, total debt is at $3.11 billion, with $2.91 billion in long-term debt and $203.00 million in current debt. Adjusting for $1.39 billion in cash-equivalents, the company has a net debt of $1.72 billion. Let''s define some of the terms we used in the paragraph above. Current debt is the portion of a company''s debt Full story available on Benzinga.com

Shares of Cerence (NASDAQ: CRNC ) decreased by 39.65% in the past three months. Before we understand the importance of debt, let us look at how much debt Cerence has. Cerence''s Debt According to the Cerence''s most recent balance sheet as reported on November 23, 2021, total debt is at $271.34 million, with $265.09 million in long-term debt and $6.25 million in current debt. Adjusting for $128.43 million in cash-equivalents, the company has a net debt of $142.91 million. Also check out this: Alphabet And 4 Other Stocks Sold By Insiders Let''s define some of the terms we used in the paragraph above. Current debt is the portion of a company''s debt which Full story available on Benzinga.com

Over the past three months, shares of Danaos (NYSE: DAC ) moved higher by 23.63%. Before having a look at the importance of debt, let us look at how much debt Danaos has. Also check out this: Alphabet And 4 Other Stocks Sold By Insiders Danaos''s Debt Based on Danaos''s balance sheet as of March 4, 2021, long-term debt is at $1.28 billion and current debt is at $198.21 million, amounting to $1.48 billion in total debt. Adjusted for $65.66 million in cash-equivalents, the company''s net debt is at $1.42 billion. Let''s define some of the terms we used in the paragraph above. Current debt is the portion of a company''s debt which Full story available on Benzinga.com

Weitz Investment Management, an investment management firm, published its Value Fund fourth quarter 2021 investor letter a copy of which can be downloaded here.

The Communications Services Select SPDR has one of the highest exposures among funds to the former Facebook and to Alphabet.

The Communications Services Select SPDR has one of the highest exposures among funds to the former Facebook and to Alphabet.

Stock splits might make them a little easier to buy, but a higher number of shares outstanding also means more liquidity, which could narrow the bid-ask spread.

Google parent company Alphabet Inc advanced nearer to joining peers Apple Inc and Microsoft Corp in the elite $2 trillion market valuation club on Wednesday as the search giant`s shares surged more than 8% following a blowout quarterly report.

US equity futures plunged after Facebook (-22%) reported weaker-than-expected earnings after Wednesdays market close. Alphabet reported strong Q4 earnings. APAC looks set to open mixed.

The "Mad Money" host stressed that stock splits are purely cosmetic and do not impact a company''s underlying business.