Google issues 'code red' following ChatGPT launch

Alphabet (GOOGL) call put ratio 2 calls to 1 put as shares rally 1.2%

Alphabet (NASDAQ: GOOGL) 30-day option implied volatility is at 34; compared to its 52-week range of 22 to 49. Call put ratio 2 calls to 1 put as shares rally 1.2%.

Analysts positive on YouTube's (GOOGL) $2 billion deal with NFL for Sunday Ticket

It was announced yesterday that the National Football League agreed to a multi-year agreement with Alphabet (NASDAQ: GOOGL) to grant YouTube TV and YouTube Primetime Channels the right to exclusively distribute NFL Sunday Ticket in the United States starting from the 2023 season.

The Wall Street Journal was the first to report the deal is close to being announced by two parties. The WSJ also reported that YouTube will... More

Google to appeal India antitrust ruling on Android

BENGALURU (Reuters) - Alphabet's Google said on Friday it will appeal the Indian antitrust watchdog's ruling that ordered the tech giant to change its approach to its Android platform and imposed a fine of $162 million for anti-competitive practices.

The Competition Commission of India (CCI) had said in October that Google leveraged its dominant position in markets such as online search and app store for Android to protect the position of its apps like Chrome and YouTube in... More

NFL, Google announce deal to distribute NFL Sunday Ticket on YouTube

The National Football League (NFL) announced Thursday that it has entered a multi-year deal with Alphabet (NASDAQ: GOOGL) that will see YouTube TV and YouTube Primetime Channels gain the exclusive rights to NFL Sunday Ticket in the United States starting with the 2023 NFL season.

The out-of-market Sunday afternoon games have been on DirecTV since 1994. Reports stated... More

Alphabet (GOOGL) option IV flat as shares sell off 2.6%

Alphabet (NASDAQ: GOOGL) 30-day option implied volatility is at 34; compared to its 52-week range of 22 to 49.

Active options: GOOGL MSFT SNAP NKE KMX BABA F BA NIO

Active options: GOOGL MSFT SNAP NKE KMX BABA F BA NIO

Analysts continue to cut estimates for large-cap tech stocks on though macro

U.S. equity strategists, namely Morgan Stanleys Michael Wilson, did warn that the next leg lower in stocks could be facilitated by negative estimates revisions.

Today, several analysts lowered their estimates on major tech names to account for ongoing macro headwinds. For instance, Baird analyst Colin Sebastian cut 2023 estimates and price targets on internet stocks, including Amazon (NASDAQ: AMZN), Alphabet (NASDAQ: GOOGL),... More

YouTube to pay roughly $2 billion a year for NFL Sunday Ticket - WSJ

Alphabet's (NASDAQ: GOOGL) YouTube to pay roughly $2 billion a year for NFL Sunday Ticket - WSJ

Alphabet (GOOGL) PT Lowered to $115 at Baird

Baird analyst Colin Sebastian lowered the price target on Alphabet (NASDAQ: GOOGL) to $115.00 (from $120.00) while maintaining a Outperform rating.... More

Alphabet (GOOGL) stock target slashed at Needham on a weaker ad spending outlook in 2023

Needham & Company analyst Laura Martin lowered the price target on Alphabet (NASDAQ: GOOGL) stock to $115 per share from the prior $160.

The lowered price target reflects slashed Q4 and FY23 estimates, incorporating a weaker ad spending outlook in 2023 than Needhams prior forecasts. Analytics... More

Exclusive-TikTok steps up efforts to clinch U.S. security deal

By Echo Wang and David Shepardson

NEW YORK/WASHINGTON (Reuters) - Popular short-video app TikTok is offering to operate more of its business at arm's length and subject it to outside scrutiny as it tries to convince the U.S. government to allow it to remain under the ownership of Chinese technology company ByteDance, according to people familiar with the matter.

TikTok has been seeking to assure U.S. government departments and agencies for the last three years that the personal data of U.S. citizens cannot be accessed and its content cannot be manipulated by China's... More

Alphabet (GOOGL) Estimates, PT Lowered to $115 at Needham & Company

Needham & Company analyst Laura Martin lowered the price target on Alphabet (NASDAQ: GOOGL) to $115.00 (from $160.00) while maintaining a Buy rating.

The analyst commented, "We lower our GOOGL estimates for 4Q22 and FY23, as well as our 12-month Price Target to $115.00 (from $160.00),... More

Alphabet (GOOGL) looks like a high-quality, value stock Warren Buffett usually buys - analyst

Despite the fact that Evercore ISI analyst Mark Mahaney lowered estimates and the price target on Alphabet (NASDAQ: GOOGL), he still believes the Outperform-rated stock should re-rate higher from current levels.

Mahaney slashed the price target on Google-parents stock to $120 from the prior $130 per share, reflecting cuts to estimates. The analyst made changes to Evercores GOOGL model after incorporating recent soft data points on Advertising, Retail, and Cloud Computing.

QTD... More

Google's (GOOGL) YouTube in advanced talks to secure NFL Sunday Ticket rights - WSJ

Google (NASDAQ: GOOGL) is in pole position to win the race to NFL Sunday Ticket rights, according to the Wall Street Journal. The meeting of NFL owners is due to take place today at which they could approve the multi-billion dollar deal with... More

Active options: LCID AMC GOOGL CCL DIS SNAP BAC NIO MU MRNA

Active options: LCID AMC GOOGL CCL DIS SNAP BAC NIO MU MRNA