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NAS:GOOGL, Jan 18, 04:23 UTC

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Sonos CEO Tells House Antitrust Panel Google Abused Power

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(Bloomberg) -- Sonos Inc. Chief Executive Officer Patrick Spence accused Alphabet Inc.’s Google and Amazon.com Inc. of using their market power to thwart competition a week after filing a lawsuit against the world’s largest search engine. “Today’s dominant companies have so much power across such a broad array of markets and continue to leverage that power to expand into new markets that we need to rethink existing laws and policies,” said Spence Friday at a congressional antitrust hearing in Boulder, Colorado, led by Representative David Cicilline, the Rhode Island Democrat who is investigating competition in the technology sector. Sonos, a 1,500-person company, sued Google Jan. 7 for allegedly infringing five patents covering multi-room audio technology. He said that Google tries to prevent customers from using its voice assistants alongside another company’s on Sonos speakers. While Amazon doesn’t go that far, he said, it has used its power to “to subsidize the conquest” of the booming smart-speaker market, particularly by under-pricing its offerings. Sonos has worked with the committee since before it decided to file the lawsuit, according to a person familiar with the discussions. Amazon said in a statement that PopSockets is a “valued retail vendor” and added: “We’ve continued to work with PopSockets to address our shared concerns about counterfeit, and continue to have a relationship with PopSockets through Merch by Amazon, which enables other sellers to create customized PopSockets for sale.”.

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Google's parent company Alphabet is now worth $1 trillion

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Google's parent company Alphabet is now worth $1 trillion. January 17, 2020, 5:59 PM UTC. Alphabet joins Apple, Microsoft and Amazon as a $1 trillion dollar company. Tom Forte, D.A. Davidson Senior Research Analyst, joins Yahoo Finance's On the Move to discuss.

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Big tech is now worth over $5 trillion combine as Alphabet joins $1 trillion club

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Big tech is now worth over $5 trillion combine as Alphabet joins $1 trillion club. January 17, 2020, 5:21 PM UTC. Google's parent company Alphabet has joined the $1 trillion club, making big tech worth over $5 trillion combined. Quad Group Chief Strategist Peter Borish joins the On The Move panel to discuss what this means for the space.

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Why one Wall Street analyst thinks Alphabet could surge another 15% after hitting a $1 trillion market value (GOOGL)

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The price target implies that the stock could surge another 15% after hitting a $1 trillion market value on Thursday. "We believe the current valuation does not give full credit to its scale advantages, the potential for better capital allocation and cost efficiencies, or its cash balance," UBS analyst Eric Sheridan wrote. That's a 15% increase from where shares ended the trading day Thursday, and would put Alphabet in the running to be the most valuable company in the US, rivaling Apple and Microsoft, both worth more than $1 trillion currently. In addition, Sheridan said that the UBS model could prove conservative, as its price target ascribes little to no value to Alphabet's non-Google segment assets, "which we feel is undervalued given the large scale opportunities for a number of businesses" such as Waymo and Verily, Sheridan wrote. What that means for investors is that any additional disclosures from Alphabet could unlock even more value, according to the note.

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224 Shares in Alphabet Inc (NASDAQ:GOOG) Acquired by Palisade Asset Management LLC – Slater Sentinel

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Palisade Asset Management LLC acquired a new position in shares of Alphabet Inc (NASDAQ:GOOG) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. now owns 39,076 shares of the information services provider’s stock worth $48,000 after acquiring an additional 1,470 shares during the last quarter. Insiders have sold a total of 3,344,673 shares of company stock valued at $316,380,721 over the last three months. Raymond James lifted their price objective on Alphabet from $1,360.00 to $1,475.00 and gave the company an “outperform” rating in a research note on Tuesday, October 29th.

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What Investors Need to Know About Microsoft, Alphabet and Davos

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By clicking I Agree on this screen you agree that Say Media and its partners may process your personal data for the purposes of information storage and access; personalisation; ad selection, delivery, and reporting; content selection, delivery and reporting; and measurement. For more information please view our Privacy Policy. What Investors Need to Know About Microsoft, Alphabet and Davos. Google's parent company is the fourth U.S. company to hit the mark, with Apple (AAPL) - Get Report and Amazon (AMZN) - Get Report hitting the level in 2018 and Microsoft reaching it for the first time in April 2019. Apple is currently the most valuable public U.S. company with a market cap of $1.38 trillion, followed by Microsoft at $1.27 trillion and now Alphabet. Since reaching its high in 2018, Amazon’s market cap is now down to $930 billion. Catch up on the Latest Webinars on TheStreet! How Investors Should Approach Kohl's and Bed Bath & Beyond. What Beyond Meat's Newest Partnership Says About the Fake... What Investors Need to Know About Bank Earnings, JPMorgan's... What Wall Street Needs to Know About the Democratic... XPO, Apple and Morgan Stanley: How Investors Should Approach... What Anxious Investors Need to Know About Alphabet Stock.

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2019 Enterprise Tech Ecosystem Series: Alphabet Inc.

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2019 Enterprise Tech Ecosystem Series: Alphabet Inc. January 17, 2020, 2:15 PM UTC. DUBLIN, Jan. 17, 2020 /PRNewswire/ -- The "Enterprise Tech Ecosystem Series: Alphabet Inc." report has been added to ResearchAndMarkets.com's offering. Google is its largest business, providing Internet-related products and services such as online advertising, search engine, cloud computing, software, and hardware.The report provides information and insights, including:. Gain insights into various product launches, partnership strategies of Alphabet Inc. Gain insights into various disruptive technologies and tech initiatives of the Company.

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Google's parent company Alphabet is now worth $1 trillion

GOOG GOOGL

Google's parent company Alphabet is now worth $1 trillion. January 17, 2020, 5:59 PM UTC. Alphabet joins Apple, Microsoft and Amazon as a $1 trillion dollar company. Tom Forte, D.A. Davidson Senior Research Analyst, joins Yahoo Finance's On the Move to discuss.

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Alphabet Inc (NASDAQ:GOOG) Shares Acquired by Comprehensive Portfolio Management LLC – Tech Know Bits

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Price T Rowe Associates Inc. MD now owns 11,480,467 shares of the information services provider’s stock valued at $12,409,352,000 after buying an additional 674,924 shares during the last quarter. Finally, Johanson Financial Advisors Inc. purchased a new position in shares of Alphabet during the fourth quarter worth about $105,000. The business’s quarterly revenue was up 20.0% compared to the same quarter last year. As a group, analysts anticipate that Alphabet Inc will post 49.03 earnings per share for the current year. Deutsche Bank dropped their price objective on Alphabet from $1,600.00 to $1,550.00 and set a “buy” rating on the stock in a report on Tuesday, October 29th.

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Alphabet Inc. Tech Ecosystem Report, 2019 - Technology Innovations, Digital Transformation Strategies, Product Launches, Partnership Strategies

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Alphabet Inc. Tech Ecosystem Report, 2019 - Technology Innovations, Digital Transformation Strategies, Product Launches, Partnership Strategies. Dublin, Jan. 17, 2020 (GLOBE NEWSWIRE) -- The "Enterprise Tech Ecosystem Series: Alphabet Inc." report has been added to ResearchAndMarkets.com's offering. Google is its largest business, providing Internet-related products and services such as online advertising, search engine, cloud computing, software, and hardware.The report provides information and insights, including:. Gain insights into various product launches, partnership strategies of Alphabet Inc. Gain insights into various disruptive technologies and tech initiatives of the Company.

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