Alphabet traded at $342.40 this Wednesday August 12th, decreasing $1.40 or 0.41 percent since the previous trading session. Looking back, over the last four weeks, Alphabet lost 2.87 percent. Over the last 12 months, its price rose by 69.54 percent. Looking ahead, we forecast Alphabet to be priced at 346.79 by the end of this quarter and at 325.20 in one year, according to Trading Economics global macro models projections and analysts expectations.
Alphabet Inc. is a holding company. The Company's segments include Google and Other Bets. The Company's Google segment includes Google Services and Google Cloud. Its Google Services products and platforms include Android, Chrome, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. Its Google Cloud provides enterprise-ready cloud services, including Google Cloud Platform and Google Workspace. Its Google Cloud Platform enables developers to build, test, and deploy applications on its infrastructure. Its Google Workspace collaboration tools include applications like Gmail, Docs, Drive, Calendar, Meet. The Google segment is engaged in advertising, sales of digital content, applications and cloud offerings. Its hardware products include Pixel phones, Chromecast with Google TV and the Google Nest Hub smart display. The Other Bets segment is engaged in the sales of Internet and television services, licensing and research and development (R&D) services.