There’s a piece of news on Google Stock, which is part of Alphabet Inc. and known as GOOG, that has been getting attention lately because there’s a chance they might work with Apple. They’re thinking about using Google’s AI called Gemini in iPhones.
This news interested many people, and on March 18th, 2024, the price of Google Stock went up. It is the largest single-day increase it has experienced in more than a year.
Here’s why this is a big deal:
Firstly, if Google and Apple team up, it would be like a big thumbs-up for Google’s AI. Apple is a big competitor, so if they join forces, it shows that Google is really good at AI, especially with the Gemini model.
Secondly, this news suggests that Apple might be a bit slow in making its own AI, which they’re calling Ajax, compared to Google. So, Apple could benefit from using Google’s AI in their products.
Thirdly, if Google’s AI ends up in iPhones through this partnership, it means lots of iPhone users could use Google’s AI. This would make Google’s AI much more popular and powerful.
However, it’s crucial to keep in mind that the partnership with Apple hasn’t been confirmed yet. Although investors are confident about the potential benefits of Google’s AI down the road, it’s wise to wait for official confirmation before becoming overly excited.
FAQs on Google Stock
Where will Google Stock be in 10 years?
Guessing how much Google’s stock (Alphabet Inc. – GOOG) will cost in 10 years (2034) is really hard. The stock market is affected by lots of tricky things that can change quickly. But, here’s some stuff you can think about to make your own good guess:
Good Signs for Google’s Stock:
- What Experts Say: Most experts think Google’s stock will go up by 2030. They think it might keep going up by 2034.
- What Makes Google Grow: Experts say Google’s really good at online ads, always making new things (like AI with Project Gemini), and might get even bigger in the future.
- Google’s Money Stuff: Google’s always making more money, which is a good sign for how its stock might do later.
Things We’re Not Sure About:
- Bad Times for Money: If the economy gets really bad, Google might not make as much money from ads, and its stock might go down.
- Big Competition: Other big companies like Amazon and Meta (Facebook) are always trying to beat Google. How much they try could change Google’s stock price.
- Rules and Laws: If the government changes the rules, it might make things harder for Google, and its stock price might go down.
Here are some places to find out more about what experts think and get a better idea:
- Money News Websites: Look for stories about what people think Google’s stock will be worth in 2034 (though you might find more about 2030).
- Investing Websites: Some banks and money places give reports about stocks, but some might need you to pay.
Remember: These are just guesses, and Google’s stock might end up being way more or less than what people think. Before you decide to invest, make sure you do your own checking. Think about how much risk you’re okay with and what you want to do with your money.
How to buy Google Stock?
Google doesn’t sell its own stock on the stock market. Instead, when you buy stock in Google, you’re actually buying shares of its parent company, Alphabet Inc. (you might see it listed as GOOG or GOOGL). Here are two main ways to do this:
- Through a brokerage account: This is the usual way people buy stocks. Here’s what you do:
- Open a brokerage account: You can do this online with different companies. Look at things like fees and what you can invest in.
- Put money in your account: Add money to your account so you can buy stocks.
- Buy the stock: Search for “GOOG” or “GOOGL” on the brokerage’s website. Then say how many shares or how much money you want to spend.
- Using Alphabet’s Direct Stock Purchase Plan (DSPP): Alphabet has a plan that lets you invest in it directly. You can have money taken out of your paycheck or invest regularly. But there might be rules about how much you need to invest.
Here are some extra things to think about:
- Stock price: Make sure you know how much the stock costs before you buy.
- Type of investment: Decide if you want to buy at the current price or say how much you’re willing to pay.
- Research: Look into Google’s (Alphabet’s) money situation and what people think might happen in the future before you invest.
How many times has Google Stock split?
Google, under its parent company Alphabet (GOOG), has undergone two stock splits.
The first split occured in March 2014 and the second one in July 2022.
When did Google Stock split?
Google, which is part of Alphabet (GOOG), has done two things to its stock:
- March 27, 2014: Instead of cutting the price of each share in half like usual, Google made a new kind of share called Class C (GOOG) without voting rights. Shareholders got one Class C share for each Class A share (GOOGL) they had. This helped the founders keep control of voting while letting more regular people buy the stock.
- July 18, 2022: Google did a 20-for-1 stock split. That means for every share people had before, they got 20 shares of GOOGL. They did this to make the stock cheaper so more kinds of people could buy it.
How much was Google Stock in 1998?
Google wasn’t actually a publicly traded company in 1998. It was founded in that year by Sergey Brin and Larry Page, but it didn’t hold its Initial Public Offering (IPO) until August 19th, 2004. So, there wouldn’t have been a stock price for Google in 1998.
What will Google Stock be worth in 2030?
It’s hard to say exactly how much Google’s stock (Alphabet Inc. – GOOG) will cost in 2030. The stock market can change quickly because of lots of different things. But here’s some stuff to help you think about it:
- What Experts Think: People who know about money usually feel good about Google’s stock. They think it might go up by 2030, but they’re not sure how much.
- Why It Might Grow: These experts say Google is really good at online ads and coming up with new ideas, like AI with Project Gemini. They think Google might keep growing and making more money.
- Things We’re Not Sure About: Bad times for the economy, more competition, or new rules could make Google’s stock price go down.
You can learn more about what experts think by:
- Reading Money News: Look for stories about “Google Stock Price Prediction in 2030.”
- Checking Investment Websites: Some places online have reports about stocks, but you might have to pay to see them.
But remember, these are just guesses. The real price could be more or less. Make sure to check things out yourself before you decide to invest.
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