The similarity of Google’s and Facebook's business models, fueled by Facebook’s data leak, resulted in a dip for Alphabet’s stock price earlier last week. Both companies obtain the majority of their revenue from advertising. The impact is likely to continue until Facebook is completely cleared from the data leak scandal dating back three years. Data is the driving factor behind IT companies such as Google, and cybersecurity breaches are at all-time high. The perceived lack of data integrity has affected investors’ sentiment about the advertising giants. However, the Facebook data breach is likely to be a temporary occurrence only. Both Google and Facebook have a solid data governance model. So now may be a good opportunity to buy these stocks at relatively low prices. Google dominates mobile OS ecosystem. More than 60% of the US and 80% of the global mobile OS market share is tied to Alphabet. Google’s core products are going strong. Some core products and services that are doing well are YouTube, Gmail, Google Play, Pixel phones, and Google Cloud. The Waymo subsidiary of Alphabet rules the autonomous vehicles sector. Waymo has also become one of the leading AI companies. On the negative side, Google is facing tough competition from rivals like Amazon, particularly now that Amazon is gaining speed in the advertising space. Per Finstead Research, Google’s average price target is almost $1283. Its price upside is 25%.
An appeals court said on Tuesday that Google violated copyright laws when it used Oracle's open-source Java software to build the Android platform in 2009. This case has been ongoing since 2010, with decisions swinging between both sides. This current decision was by a 3-judge panel and can still be appealed. A jury determined in 2016 that Google's use of Oracle's APIs was legal under the copyright law's fair use doctrine, which allows the free use of copyrighted material under specific circumstances. Oracle appealed the decision, and a judge took its side on Tuesday. "There is nothing fair about taking a copyrighted work verbatim and using it for the same purpose and function as the original in a competing platform," a panel of three Federal Circuit judges wrote in Tuesday's opinion. A Google spokesman said in a statement. "This type of ruling will make apps and online services more expensive for users. We are considering our options." As of 2016, Oracle was seeking about $9 billion from Google (current largest copyright verdict of $1.3 billion, awarded to Oracle when it sued rival SAP in 2010). But because APIs have become much more widespread over the years, a court could decide that Oracle deserves more. Google isn't the only company that stands to lose from this decision. Many others rely on open-source software to develop their own platforms. Tuesday's ruling means that some will either have pay to license certain software or develop their own from scratch. http://money.cnn.com/2018/03/27/news/companies/google-oracle-case/index.html
Introducing Portal, the ‘Middle Finger’ to YouTube’s Failed Ad Model https://www.digitalmusicnews.com/2018/07/12/portal-youtube-alternative/ YouTube doesn’t have a great reputation with the music industry or its own content creator community. From tragically low payouts to harsher demonetization policies aimed at ensuring creators earn less cash, it seems Google’s popular video platform has done everything to alienate artists and the content creator community. YouTube has faced significant setbacks in the past year-and-a half thanks to two major controversies dubbed ‘Adpocalypse.’ Many advertisers immediately pulled their funding from YouTube. The company, of course, passed the buck to artists and its creator community, rolling out harsher demonetization policies. In the end, Google didn’t lose much from ‘Adpocalypse’ – musicians and creators did. Google – which recently removed its ‘Don’t be evil’ motto – doesn’t allow direct monetization on YouTube. In fact, the site purposefully made it more difficult for content creators to earn cash. For a new channel to finally make money from their content, it will need at least 1,000 subscribers or 4,000 total viewing hours. Oh, and don’t even think about linking to your Patreon page to sell merchandise or receive donations. You’ll first have to cross that lofty milestone. Frustrated creators and artists on Google’s video platform slave for hours to create new content just to earn around $0.0007 per view. When only 3.5% of YouTube’s community earns just enough to surpass the US minimum monthly wage ($1,472), you know the company has a serious problem. ‘Portal’ has an interesting idea. Instead of using ads to generate revenue, the audio and video sharing platform wants artists and content creators to rely on person-to-person donations. People who use the Portal app can purchase in-app currency, or ‘coins.’ $0.99 will net you 100 coins. Users can then donate coins to their favorite creators and artists. The audio and video platform’s donations model helps it avoid monetization issues. So, don’t expect creators to lose out for uploading ‘controversial’ content, like conservative right-wing and LGBTQ issues. No ads also means the company won’t have to data-mine, so don’t expect a Facebook/Cambridge Analytica problem. Plus, content creators and artists on Portal don’t have to focus on individual stream counts. The donations model ensures that only the best, original content (basically, what people want to hear and watch) will thrive. Plus, the audio and video sharing platform has the backing of billionaire Mark Cuban. Mass Lab – the company behind Portal – recently raised $1.7 million in its first-ever funding round. And...artists and creators can easily link their existing Patreon accounts on the app without having to pass any kind of viewing milestone. Yet, one key question remains. Mass Lab doesn’t make any revenue off the app. How exactly will the company remain viable in the future? The company may reportedly take a small fee on payments later on. Yet, will this be enough to keep content creators around? Without any advertisements from major companies, how does Portal expect to gain recognition on a global scale? Just from word of mouth?
Head and shoulders possibly forming, neckline at 1000. Also, old demand line could be used as a guide for closing shorts.
Weird work schedule recently, so I sleep during the day. Of course, I'm going to try to stay awake as much during the regular market as I can
Continuing to see the development in prior post. Just a reminder of who Google is They're the guys who refuse to help America, but want to help China. https://nypost.com/2019/03/14/top-general-rips-google-for-indirectly-benefiting-chinese/ America’s top general [Marine Gen. Joseph Dunford, chairman of the Joint Chiefs of Staff] charged Thursday that the Chinese military is benefiting from the work Google is doing in China Frankly, ‘indirect’ may be not a full characterization of the way it really is, it is more of a direct benefit to the Chinese military. Last year, Google said it was no longer vying for a $10 billion computing contract with the Defense Department, in part because the company’s new ethical guidelines did not align with the project. In June, Google said it would not renew a contract to help the US military analyze aerial drone imagery when it expired, as the company sought to defuse an internal uproar over the deal. At the same time, Google said it had no plans to relaunch a search engine in China, though it is continuing to study the idea.
Article authored by Sraavya Pradeep for TheoryOfStocks, LLC. https://svmarketwatch.wordpress.com/2019/03/18/how-to-trade-googl-fb-from-now-through-june/ In this article, I have computed the performance of Google (GOOGL) & FB (FB) grouped by quarter with a non weighted formula as follows: . Here m represents the number of stocks; Cp & Op represent the closing and opening prices at the beginning and end of a quarter respectively; Q1 to Q4 represents the four quarters since 2011.
Google went above the Ichimoku cloud. In addition, the Tenkan has crossed Kijun from the bottom up at an obtuse angle. This speaks in favor of long positions, but perhaps now there will be a short correction. Stochastic has risen too high, there is no potential for upward movement. Weekly
So Stadia looks interesting. Stream your games from the cloud, no hardware needed, no need to upgrade a console every few years...
I think everyone suspected this for a LONG time: Google Accused of Secretly Sharing Users’ Personal Data with Advertisers https://www.breitbart.com/tech/2019...sharing-users-personal-data-with-advertisers/
The stock market continues its impressive bounce. Swing traders are waiting patiently for key levels to trigger. To give an example, the S&P 500 just hit a 50% Fibonacci retrace. This tells technical traders and investors that the market is starting to hit some resistance. While it could go a little higher, many are smartly eyeing short trades. When it comes to Alphabet Inc (GOOGL), there is an epic technical level at $1,277 that warrants close attention for a potential short. This level is a pivot point as well as a the 50% Fibonacci retrace level. In terms of pulling the trigger on a swing trade short on Alphabet, this is going to be the spot. The stock is still trading $70 away from that level, but could get tagged in a matter of days. See the chart here: https://inthemoneystocks.com/alphabet-inc-googl-short-trigger-level/ Gareth Soloway InTheMoneyStocks Chief Market Strategist
Google's growth by acquisition strategy helped pave its way to becoming a tech giant. Here is an infographic on some of its acquisitions.
