doodledup@lemmy.world to Google@lemmy.world · 30 days agoGoogle says will buy back $70 bln in shares, posts earnings beat | Reuterswww.reuters.comexternal-linkmessage-square7fedilinkarrow-up115arrow-down10file-text
arrow-up115arrow-down1external-linkGoogle says will buy back $70 bln in shares, posts earnings beat | Reuterswww.reuters.comdoodledup@lemmy.world to Google@lemmy.world · 30 days agomessage-square7fedilinkfile-text
minus-squaredoodledup@lemmy.worldOPlinkfedilinkarrow-up6·30 days agoBuying back shares is Alphabet judging their own stock to be undervalued. Nobody knows whether that prediction is going to be correct or not. The “little guy” either does not care about this or joins the gamble.
minus-squarePunkRockSportsFan@fanaticus.sociallinkfedilinkEnglisharrow-up2·30 days agoSo google stock is buying the dip like “the man” signaled to “his guys”
minus-squareRestrictedAccount@lemmy.worldlinkfedilinkarrow-up1·30 days agoI must say that I’m not a Google person. I use their products as little as possible. The Man I think you are referring to is trying to break up alphabet at this moment. I don’t think there’s much love lost between them.
Buying back shares is Alphabet judging their own stock to be undervalued. Nobody knows whether that prediction is going to be correct or not. The “little guy” either does not care about this or joins the gamble.
So google stock is buying the dip like “the man” signaled to “his guys”
I must say that I’m not a Google person. I use their products as little as possible.
The Man I think you are referring to is trying to break up alphabet at this moment.
I don’t think there’s much love lost between them.