Alphabet has been listed on the stock exchange for more than two decades under the ticker symbol GOOG and is one of the Big Five companies, the five largest technology groups in the world. Around 174,000 employees are anchored in the group. This workforce continues to grow. In 2022 alone, eleven percent more employees were added. This trend could now at least break or stagnate. Because other large technology companies such as Amazon or Meta have already announced hiring freezes and layoffs.
At Alphabet, half of the nearly 100 employees in the “Area 120” start-up incubator program were “only” called on in mid-September to apply for other positions within the group. But overall, the CEO wants to make Alphabet 20 percent more efficient. A pay cut might be enough. After all, Alphabet pays some of the highest salaries in Silicon Valley, with a median salary of $295,884, 67 percent more than the average of its competitor Microsoft.
In this video we talk about potential savings but also about the broad positioning of the group, which can definitely serve as a foundation for future developments. Even if the analysts’ expectations for the last quarterly figures were missed, because instead of the expected sales of 70.6 billion dollars, Alphabet only reported sales of 69.1 billion dollars, year-on-year growth is still six percent.
The YouTube video platform was to blame for the return. It had shown for the first time a decline in sales from $ 7.07 billion in sales in the past quarter by 1.9 percent less due to stagnant advertising sales.
How do we interpret the chart image of the share and is everything already priced in?
The alphabet analysis video
In the “US Stocks in Focus” format, Roland Jegen and Andreas Bernstein regularly take a closer look at US stocks. Alphabet is the topic of the day today, here is the video:
https://www.youtube.com/watch?v=DrzdNS3GGqE
The analyzes concentrate on fundamental data as well as on the chart technique.
What can be expected in the future? You can get all the insights in our video!
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This article is the personal opinion of the author. It is for information only. These analyzes must not be interpreted as investment or financial advice. An investment decision regarding any securities or other financial instruments requires background knowledge of your personal situation, which the author does not know. This content is out of date and will not be updated once published. Every investment involves risk. Every investor should check, if possible with the help of an external advisor, whether these financial instruments are suitable for his personal situation. Profits made on a demo account are not a guarantee of future profits. Using leverage involves the risk of losing more than the total balance of the account. You are under no obligation to use leverage.
Roland Jegen has been active on the stock exchange for over 10 years. Since the beginning of 2016 he has been working as a trading expert at WH SelfInvest. In addition to classic chart analysis, auction market theory and market profiles as well as automated trading systems are among his hobbies.
The above text reflects the opinion of the respective columnist. finanzen.net GmbH assumes no responsibility for its correctness and excludes any claims for recourse.
Image sources: WH Selfinvest