Alphabet, Inc. is an American multinational conglomerate. It engages in the business of acquisition and operation of different companies. It was founded in 2015 by Larry Page and Sergey Brin through a restructuring of Google and became the parent company of Google and several former Google subsidiaries. As of 2021, Alphabet, Inc. has a market cap of US$1.866 trillion.
Alphabet, Inc. contains two segments, which are Google and Other Bets. It is most known for its Google segment, which includes Google services and Google Cloud. Amongst its Google services, products and platforms are Android, Chrome, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. This Google segment offers cloud services and hardware, and Alphabet, Inc. generates the bulk of its revenue from Google’s advertising services.
Alphabet, Inc. is headquartered in Mountain View, California. In 2021, it has over 144,000 employees worldwide and over 70 offices in 50 countries.
Alphabet, Inc. Class A shares are listed on the NASDAQ exchange under the ticker 'GOOGL' after its initial public offering in 2004. The company also provides Class C shares under the ticker ‘GOOG’. Shareholders of Class A have voting rights of one-vote-one-share while those of Class C do not.
The company is part of ‘FAANG’, an acronym used in finance technology that refers to the stocks of the Big Five companies in the US information technology industry: Facebook, Amazon, Apple, Netflix, and Google. Institutional investors hold a majority ownership of Alphabet, Inc. Class A shares at 78.95%, with the largest shareholders being Vanguard, BlackRock, Fidelity, and SSGA. Co-founders Page and Brin remain controlling shareholders of the company.
You can buy Alphabet Class A shares on one of Saxo Group's trading platforms, SaxoInvestor, SaxoTraderGO or SaxoTraderPRO. Simply log into your account and search for the ticker 'GOOGL' to get started in trading. If you do not have an account, you can create one here.
The price of Alphabet Class A shares fluctuate. To obtain the current share price, you can log in on your preferred trading platform with Saxo Group and search for the ticker 'GOOGL'. Select the trade ticket, press 'I' for more information and navigate to 'Trading Rates' to see transaction costs. If you do not have an account, you can sign up here.
Many factors come into play when evaluating whether a stock is a good investment. On Saxo Group's trading platforms, you can find detailed stock analysis and financial reports of Alphabet Class A shares to aid your evaluation. Log into your account or create one with Saxo Group here.
Alphabet does not currently distribute dividends to shareholders. This is characteristic of technology companies. Earnings from stock sales are often redirected into the company for growth and expansion.
Alphabet Class A shares have experienced both ups and downs since its first listing at US$85. To gain access to detailed price charts and historical data that shows the development of this stock, log in on our trading platform and search for the ticker 'GOOGL'. If you do not have an account with Saxo Group, you can create one here to get started.
