According to the latest information, Google shares have entered a significant rise trend recently. The reason for this sudden increase is the latest statement made by Google’s parent company Alphabet. Accordingly, the company will distribute dividends for the first time.
This decision, which will be a first in the company’s history, is expected to be an important example for many organizations in the technology world. It is also stated that around 70 billion dollars of shares of the company will be bought back. This decision could cause chaos in Silicon Valley. Here are the most important details about the subject…
Google shares are experiencing a big rise
The future of Google, which has been actively operating in the American stock market since 2004, looks quite bright. The company, which has made major investments especially in the field of artificial intelligence, is expected to further increase these investments in the coming period. Alphabet’s latest stock market move increased Google shares by 16%, thus reaching a valuation exceeding $2 trillion.
The dividend decision, which made Google investors very happy, once again revealed that the company is in a good financial situation. While the company’s new moves in the coming period are eagerly awaited, the rise in market value is expected to continue for a while. We hope that this development will benefit users at the end of the day.
What will be introduced at Google I/O 2024? The calendar published by the company revealed all the innovations.
So what do you think about this issue? Do you think Google will be able to achieve the desired success with its new artificial intelligence projects? Which Google applications do you currently use? You can easily share your answers with us in the comments section below. Your opinions are very valuable to us.
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