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Nairaland Forum / Nairaland / General / Business / Google Smashed Record: Gained $60 Billion In A Day (919 Views)
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Google Smashed Record: Gained $60 Billion In A Day by Truth234(m): 4:40pm On Jul 18, 2015 |
Google adds $60 billion to its market value today, following the release of its 11 percent 2Q earnings. This is the biggest one day gain in the history of a U.S company, more than the size of Hewlett-Packard Co. Currently Google market capitalization is valued at $468 billion, at a rate of $697.64 per unit share. The rally put Google one step ahead of Microsoft Corp. (which currently worth $377 billion) in global ranking of world biggest corporations. Apple Inc. still remains the biggest corporation valued at $746 billion. According to Bloomberg report this means that Google co-founders Larry Page and Sergey Brin has added $4 billion each to their networth in one day. Google second quarter net income was $3.93 billion, up from $3.35 billion recorded for the same quarter last year. The newly appointed Google Chief Financial Officer, Ruth Porat said “Youtube currently has over one billion users, the number of people between 18-49 age group that watch Youtube videos on mobile devices is greater than the number watching cable television”. At least 27 brokerage firms have raised their price targets for Google shares, with some predicting the stock could rise as high as $800. http://investorsking.com/google-smashed-record-gained-60-billion/ 1 Like
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Re: Google Smashed Record: Gained $60 Billion In A Day by ThimmyWood(m): 5:31pm On Jul 18, 2015 |
Omo! see bizness, see money. God punish poverty big time. 1 Like |
Re: Google Smashed Record: Gained $60 Billion In A Day by Truth234(m): 6:04pm On Jul 18, 2015 |
ThimmyWood: Google new CFO is really trying, cut unnecessary expenses/investment. Just that strategy changed everything |
Re: Google Smashed Record: Gained $60 Billion In A Day by grandstar(m): 6:57pm On Jul 18, 2015 |
This is more than market cap of the Nigerian Stock Exchange! |
Re: Google Smashed Record: Gained $60 Billion In A Day by Kangol99(m): 7:01pm On Jul 18, 2015 |
WOW! THAT IS THE POWER OF TRAFFIC. IT'S BECAUSE GOOGLE HAS THE MOST TRAFFIC IN THE WORLD. TRAFFIC=SALES |
Re: Google Smashed Record: Gained $60 Billion In A Day by Truth234(m): 7:11pm On Jul 18, 2015 |
grandstar: Lol..Google market cap. alone is five NSE going by $80.8 valuation of our Stock Market |
Re: Google Smashed Record: Gained $60 Billion In A Day by living2013(m): 7:24pm On Jul 18, 2015 |
Smart brain = big wallet |
Re: Google Smashed Record: Gained $60 Billion In A Day by Truth234(m): 7:26pm On Jul 18, 2015 |
living2013: Two in One. Who can beat that bro. |
Re: Google Smashed Record: Gained $60 Billion In A Day by Nobody: 8:47pm On Jul 18, 2015 |
Re: Google Smashed Record: Gained $60 Billion In A Day by ThimmyWood(m): 10:29pm On Jul 18, 2015 |
Truth234: Hmmmmmm!!! noted. Thanks bro for the insight. 1 Like |
Re: Google Smashed Record: Gained $60 Billion In A Day by Nobody: 6:20am On Jul 19, 2015 |
I didn't read anything but the graph.. How can so much increase be made in a day? Everyday is a potential million making opportunity 2 Likes |
Re: Google Smashed Record: Gained $60 Billion In A Day by Truth234(m): 8:26am On Jul 19, 2015 |
favoured234: Yes o |
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