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NAS:GOOG, Aug 24, 12:04 UTC

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Alphabet Inc (NASDAQ:GOOGL) Shares Purchased by Altium Wealth Management LLC – Mayfield Recorder

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Altium Wealth Management LLC boosted its stake in Alphabet Inc (NASDAQ:GOOGL) by 9.5% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. Moffett Nathanson cut their price target on shares of Alphabet from $1,290.00 to $1,250.00 and set a “buy” rating on the stock in a report on Monday, June 24th. The stock had a trading volume of 1,446,222 shares, compared to its average volume of 1,631,382. The information services provider reported $14.21 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $11.49 by $2.72.

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Google Doesn’t Want Staff Debating Politics at Work Anymore

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Google Doesn’t Want Staff Debating Politics at Work Anymore. (Bloomberg) -- Alphabet Inc.’s Google posted new internal rules that discourage employees from debating politics, a shift away from the internet giant’s famously open culture. The new “community guidelines” tell employees not to have “disruptive” conversations and warn workers that they’ll be held responsible for whatever they say at the office. Progressive employees have used internal chat boards to rally other workers against some Google projects, helping push the company to end work on a search engine for the Chinese market and an image-recognition AI system for the U.S. military.

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Why Alphabet Stock Remains a Great Long-Term Investment

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In the investment world, it’s easy to get caught up in the day-to-day noise. But, a lot of that day-to-day noise amounts to nothing more than irrelevant distractions that do not materially impact the big picture. As such, when investing, it’s often best to take a step back, and see the forest through the trees. Source: Castleski / Shutterstock.com. When you do that with Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) stock, it becomes obvious why investors have reason to be optimistic about Alphabet stock in the long run. The first part of the long-term bull thesis on Alphabet stock is that this company’s long-term fundamentals and growth prospects are highly favorable. Although history is not a clear indicator of the future, it is nonetheless important to see what Alphabet has done over the past decade and to see where the company may go over the next decade. Beyond the digital ad business, Alphabet’s cloud business will continue on its rapid growth trajectory as a continued surge in data volume globally will translate into increased data-center usage. Alphabet’s ad growth rates will likely be slower, as the company cedes market share to up-and-coming digital ad companies like Snap (NYSE:SNAP) and Pinterest (NYSE:PINS). But, that lagging ad growth rate will be more than offset by 20%-plus growth rates from the cloud, hardware, and self-driving businesses. Assuming roughly 10% growth out of the ad business and roughly 20% growth out of everything else, Alphabet should be able to grow revenues at a 10%-15% rate over the next several years.

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Clarius Group LLC Buys 416 Shares of Alphabet Inc (NASDAQ:GOOG) – Riverton Roll

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Clarius Group LLC boosted its position in Alphabet Inc (NASDAQ:GOOG) by 13.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). A number of other hedge funds and other institutional investors have also recently bought and sold shares of GOOG. In related news, CAO Amie Thuener O’toole sold 69 shares of the firm’s stock in a transaction dated Tuesday, June 4th. Credit Suisse Group lifted their price target on Alphabet from $1,400.00 to $1,500.00 and gave the stock an “outperform” rating in a report on Friday, July 26th.

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Google Photos can now search for text in your pictures, copy and paste it

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Google fixes browser side-channel leak in its Photo service. Once the photo with text has been found, clicking the Lens button allows users to copy sections of text and paste it in another document. The text search feature works in Google Photos Android and iOS as well as the web app. As Google notes, it will be handy for finding Wi-Fi passwords that were saved in a picture. But it also could be helpful for finding receipts come tax-reporting time. Google in December boasted Lens could recognize over a billion products and detailed how it's improving the Lens OCR engine using language and spell-correction models from Google Search.

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Global Artificial Intelligence Market in the Telecommunication Market 2019 Growth Rate (CAGR) Analysis – Alphabet, Cisco Systems, IBM, Intel, Microsoft, ... - Top News Herald

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The report presents in-depth analysis along with competitive insights, segmentation, and the market size information. Furthermore, the SWOT analysis and strategies of each vendor are highlighted in the report which can be employed to create future opportunities. Next, the raw data collected through several sources has been processed using various mathematical and analytical tools and techniques in order to conclude the significant information related to future growth prediction trend for 2019 to 2024 time frame. CategoriesBusiness, TechnologyTagsArtificial Intelligence Market in the Telecommunication Market, Global Artificial Intelligence Market in the Telecommunication Market 2019, Global Artificial Intelligence Market in the Telecommunication Market Analysis, Global Artificial Intelligence Market in the Telecommunication Market Growth, Global Artificial Intelligence Market in the Telecommunication Market Trend.

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Horan Capital Advisors LLC. Increases Stock Position in Alphabet Inc (NASDAQ:GOOG) – Sundance Herald

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Horan Capital Advisors LLC.’s holdings in Alphabet were worth $1,011,000 at the end of the most recent quarter. Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Oregon Public Employees Retirement Fund grew its position in shares of Alphabet by 102,010.9% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 56,224,303 shares of the information services provider’s stock worth $54,000 after buying an additional 56,169,241 shares during the last quarter. The business’s revenue was up 19.3% compared to the same quarter last year. As a group, research analysts anticipate that Alphabet Inc will post 52.1 EPS for the current fiscal year. In related news, Director John L. Hennessy sold 75 shares of the stock in a transaction that occurred on Monday, July 29th.

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Alphabet Inc (NASDAQ:GOOG) Shares Purchased by Coastline Trust Co – Riverton Roll

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Coastline Trust Co increased its position in Alphabet Inc (NASDAQ:GOOG) by 5.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). In related news, CAO Amie Thuener O’toole sold 69 shares of the stock in a transaction dated Tuesday, June 4th. Following the transaction, the chief accounting officer now owns 388 shares of the company’s stock, valued at approximately $404,645.20. Finally, Bank of America reiterated a “buy” rating and issued a $1,450.00 target price (up previously from $1,350.00) on shares of Alphabet in a research note on Friday, July 26th.

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Commonwealth Equity Services LLC Grows Position in Alphabet Inc (NASDAQ:GOOG) – Riverton Roll

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Commonwealth Equity Services LLC increased its position in Alphabet Inc (NASDAQ:GOOG) by 0.2% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). In other Alphabet news, VP Amie Thuener O’toole sold 55 shares of the company’s stock in a transaction on Friday, August 2nd. Also, major shareholder Capitalg Lp purchased 140,000 shares of the firm’s stock in a transaction dated Friday, June 14th. The information services provider reported $14.21 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $11.49 by $2.72.

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