|Bid||1,617.08 x 800|
|Ask||1,620.00 x 1100|
|Day's range||1,610.96 - 1,687.00|
|52-week range||1,013.54 - 1,733.18|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||31.16|
|Forward dividend & yield||N/A (N/A)|
|1y target est||1,730.83|
The cloud infrastructure market kept growing at a brisk pace last quarter, as the pandemic continued to push more companies to the cloud with offices shut down in much of the world. This week the big three -- Amazon, Microsoft and Google -- all reported their numbers and, as expected, the news was good, with Synergy Research reporting revenue growth of 33% year over year, up to almost $33 billion for the quarter. Per usual Amazon led the way with $11.6 billion in revenue, up from $10.8 billion last quarter.
Ahead of Halloween weekend in the U.S., Google has launched a set of fun, augmented reality-powered features on Google Search which appear as an option when you search for specific Halloween terms using a mobile device. For example, if you search for the word "Halloween" and scroll down the search results page, you'll see a box that prompts you to "Summon up a 3D ghost." Google says the features work in the Google Search app and in the mobile browser.
Alphabet's Google must tell a district court how it will respond to a federal antitrust lawsuit by mid-November, with the two sides making initial disclosures later in the month, U.S. Judge Amit Mehta said in a brief order on Friday. The U.S. Justice Department sued Google on Oct. 20 in the U.S. District Court for the District of Columbia, accusing the $1 trillion company of illegally using its market muscle to hobble rivals in the biggest challenge to the power and influence of Big Tech in decades. The federal government alleges that Google acted unlawfully to maintain its position in search as well as search advertising on the internet.