Reported about 14 hours ago
Alphabet's stock soared to a record high after reporting quarterly earnings that exceeded Wall Street expectations, driven by a significant increase in revenue from Google Cloud and a stable performance in its advertising business. With the company's revenue surpassing $100 billion for the first time, analysts suggest monitoring major support levels at $235 and $205, while projecting a potential upside target of $360. However, the stock's overbought status indicates a likely near-term consolidation.
Source: YAHOO