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The average 12-month price target is $123.38, which is up 27.75% from the current price. The lowest price target for GOOG is $115.00 and the highest is $135.00. Longer-term Stock Price Forecast
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The activity in stock message boards has been mined in order to predict asset returns. [28] The enterprise headlines from Yahoo! Finance and Google Finance were used as news feeding in a Text mining process, to forecast the Stocks price movements from Dow Jones Industrial Average. [29]
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If Google were broken up, as the Justice Department is reportedly considering, that could mean spinning off its Android mobile operating system or its Google Chrome web browser, Bloomberg reported.
Alphabet's Google Cloud business is booming. The cloud unit raked in $11.4 billion in Q3, a 35% year-over-year increase. Google Cloud is now a major contributor to the company's overall profitability.
Google Finance was first launched by Google on March 21, 2006. The service featured business and enterprise headlines for many corporations including their financial decisions and major news events. Stock information was available, as were Adobe Flash-based stock price charts which contained marks for major news events and corporate actions.
The S&P 500 and the Nasdaq jumped to a fresh record high on Thursday after the Fed delivered a 25 basis point rate cut.
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