Alphabet's Trading Volume Drops 35% to 15th Place as Google Shares Rise 2.59%

Generated by AI AgentAinvest Market Brief
Friday, Apr 11, 2025 7:46 pm ET1min read
GOOG--

On April 11, 2025, Alphabet's trading volume reached $35.73 billion, marking a 35.04% decrease from the previous day. This placed AlphabetGOOG-- at the 15th position in terms of trading volume for the day. Google's Class C shares (GOOG) rose by 2.59%.

Alphabet Inc. is a holding company that fully owns GoogleGOOG--, the internet giant. The California-based company generates nearly 90% of its revenue from Google's various products and services, including ads, Android, Chrome, devices, Google Maps, Google Play, Search, and YouTube.

Analysts have recently revisited Alphabet's price target due to economic concerns. The company's stock has been under scrutiny as investors assess the potential impact of economic conditions on its performance. Additionally, Alphabet's cloud deal, valued at $32 billion, has implications for several of its holdings, indicating a strategic move to enhance its investment banking activities.

YouTube, a subsidiary of Alphabet, is poised to make a significant move that could impact Disney's market position. This development suggests that Alphabet is leveraging its digital platforms to compete more aggressively in the entertainment sector.

Market Watch column provides a thorough analysis of stock market fluctuations and expert ratings.

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