Alphabet Inc. Class A
1407.68 - 1445.94
1008.87 - 1726.1
Echofin Members Consensus
11:55 EDT AMZN, GOOG, GOOGL, UPS Amazon receives FAA approval for drone delivery fleet, Bloomberg reports Amazon (AMZN) has become one of only several companies certified by the U.S. Federal Aviation Administration as a drone airline, Bloomberg's Alan Levin reports, citing sources. Amazon Prime Air has been designated an "air carrier" enabling the company to start its first commercial deliveries in the U.S. in a trial program. Amazon joins Alphabet (GOOG, GOOGL) subsidiary Wing and United Parcel Service (UPS) as companies approved to operate under regulations governing charter operators and small airlines.
GOOG, GOOGL, MSFT, ORCL Alphabet weighed joining consortium for TikTok bid, Bloomberg reports Alphabet (GOOG) weighed participating in a group bid to acquire TikTok, but the effort fell through in recent days, Bloomberg's Pavel Alpeyev, Sarah Frier, Giles Turner, and Mark Bergen report, citing people familiar with the matter. Several firms discussed forming a group to invest in the video-sharing app, with the Google parent mulling a minority, non-voting stake through one if its investment units, the authors say, noting that Alphabet did not lead the initiative. TikTok is owned by China's ByteDance and is fielding interest in its operations in the U.S. and a handful of other countries, with Microsoft (MSFT) and Oracle (ORCL) as potential suitors.
SFTBY, AMZN, NFLX, TSLA, MSFT, GOOG, GOOGL SoftBank builds $1.2B Amazon interest, invests in Tesla, Microsoft, Reuters says SoftBank (SFTBY) has established a stake worth roughly $1.2B in Amazon (AMZN) as the Japanese conglomerate expands its investment activities beyond its recent focus on private startups, Reuters' Sam Nussey reports, citing regulatory filings. The group has also acquire stakes in Netflix (NFLX), Tesla (TSLA), Microsoft (MSFT), and Alphabet (GOOG), Nussey says, noting that the company spend roughly $10B buying shares.
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Alphabet, Inc. is a holding company, which engages in the business of acquisition and operation of different companies. It operates through the Google and Other Bets segments. The Google segment includes its main Internet products such as ads, Android, Chrome, hardware, Google Cloud, Google Maps, Google Play, Search, and YouTube. The Other Bets segment consists of businesses such as Access, Calico, CapitalG, GV, Verily, Waymo, and X. The company was founded by Lawrence E. Page and Sergey Mikhaylovich Brin on October 2, 2015 and is headquartered in Mountain View, CA.
CEO: Sundar Pichai
HQ: 1600 Amphitheatre Parkway Mountain View, 94043 CA