Google's Q3 performance exceeded expectations across the board! Major banks quickly raised the target price to $235, will the stock price potentially hit a new high?
On Tuesday, October 29th, in post-market trading on the US East Coast, Google released its financial report for the third quarter of 2024. Due to the application of artificial intelligence (AI) technology driving cloud business and the recovery of revenue from YouTube advertising, Google's major business revenues have all exceeded expectations.
Express News | Indonesia has banned the sale of Google Pixel phones.
35 digits! Google's astronomical fine far exceeds the global GDP total.
According to the Russian media RBC's report, the Russian government has fined Google approximately $20,000,000,000,000,000,000,000,000,000,000,000 (35 digits), a figure far exceeding the global GDP total (approximately $110 trillion in 2023, a 15-digit number).
Indonesia strengthens foreign investment supervision: Following the ban on the sale of iPhone 16, Google Pixel phones are also prohibited from being sold.
The government of india recently announced that due to Google's failure to meet domestic content requirements, the sale of Google Pixel phones in the country has been banned.
US technology stocks' 'weird phenomenon': Beating expectations is no longer enough, investors want more.
①For investors, the better-than-expected performance of large technology companies in the US is no longer enough to satisfy them; ②This week, technology companies have successively released quarterly financial reports, with revenue and profits mostly exceeding expectations, yet the market response has been brutal; ③Some believe that the dismal stock price is due to the market's overly high expectations, while others attribute it to a technical profit-taking pullback.
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