Where Will Alphabet Stock Be in 5 years? [Yahoo! Finance]
Alphabet Inc. - Class C Capital Stock (GOOG)
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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Source: Yahoo! Finance
Like many technology companies, it is unwinding pandemic-era overexpansion while pivoting to new opportunities in generative artificial intelligence (AI). Let's discuss how the stock might perform over the next five years. Alphabet is bouncing back from its slump Initially, the COVID-19 pandemic led to a boom for Alphabet as consumers spent more time online during the lockdowns and other restrictions. But the good times led to overexpansion as the company raced to enlarge its workforce. When demand softened, it was left with weaker margins and the need to make big changes. In 2023, the worker-friendly tech giant axed a whopping 12,000 workers (6%) of its workforce. It also rolled back its famous office perks by cutting employee food, transportation, and fitness offerings (but before you feel too badly for them, remember that the average Googler still makes an average of $124,499 per year, according to Payscale). The belt-tightening has helped improve Alphabet's operating perfo
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- Where Will Alphabet Be in 5 Years? [Yahoo! Finance]Yahoo! Finance
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- Here's How to Play Minecraft in Google for Its 15th Anniversary [CNET News]CNET News
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- 4/25/24 - Beat
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Sec Filings
- 5/16/24 - Form PX14A6G
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- 5/15/24 - Form 144
- GOOG's page on the SEC website