Alphabet Inc. (GOOG, GOOGL) shares surged following a strong third-quarter earnings report, fueled by robust growth in cloud computing, search, and YouTube, coupled with the company’s significant investments in AI. Analysts are optimistic about Alphabet’s future prospects, citing AI advancements and the company’s strong position in the evolving tech landscape.
Alphabet Inc. (GOOGL) is set to release its third-quarter earnings after the market closes on Tuesday. While analysts anticipate strong results, investors are also eyeing the potential for dividend income. This article explores how much Alphabet stock you’d need to own to generate monthly dividend payments of $500 and $100, considering the current dividend yield and its potential fluctuations.
Jim Lebenthal of Cerity Partners recommended Alphabet Inc. (GOOG, GOOGL) for its resilience during market downturns. The company is investing heavily in AI development to stay ahead of competition. Jason Snipe of Odyssey Capital Advisors picked Diamondback Energy (FANG) for its solid financials, including an expected rise in quarterly earnings and revenue in Q1 2024. Stephanie Link of Hightower named WisdomTree India Earnings Fund (EPI) as her final trade. Market update: Alphabet shares closed 1.3% up, Diamondback Energy gained 0.9%, and WisdomTree India Earnings Fund rose 0.4%.
Good Morning Traders! Today’s Morning Memo analyzes key price levels for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA, utilizing our proprietary formula that considers price, volume, and options flow. Stay alert and adjust your tactics as the market unfolds to optimize your trading gains. Remember, the Federal Reserve is in a quiet period until next Wednesday’s FOMC rate decision, so today’s market may be subdued.
