Google parent Alphabet has a $115 billion pile of cash that could be used to boost its stock, analyst says

Google parent company Alphabet has been a cash-generating machine and can use its stash to boost its stock value, Jefferies says.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BusinessInsider /  🏆 729. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Google asks U.S. Supreme Court to end Oracle copyright caseAlphabet Inc's Google on Thursday asked the U.S. Supreme Court to reverse a...
Read more »

Google, Amazon Seek Foothold in Electricity as Home Automation GrowsGoogle and Amazon.com are seeking ways to expand smart speakers, internet-connected thermostats and other devices to harvest data about consumers’ energy use.
Read more »

Ad exchange OpenX commits to $110 million Google Cloud dealPrivately held ad software firm OpenX announced on Thursday a five-year agreemen...
Read more »

The French fine against Google is the start of a warThe fine is the first volley fired by European regulators at the business model upon which Google, and others, are based
Read more »

BuzzFeed, HuffPost latest to feel pinch in faltering digital news economyCompanies set big layoffs in the face of domination of ad market by Google and Facebook.
Read more »