Google rose nearly 6%, and its stock price hit a record high of $2,427

Tiger Newspress2021-04-28

Google rose nearly 6%, and its stock price hit a record high of $2,427. Google's 2021 Q1 revenue and net profit exceeded expectations, and it announced the repurchase of 50 billion US dollars of stock.

The tech giant displayed all-round performance in the last quarter with its flagship Google search, YouTube and Google cloud registering healthy gains in revenue as people, many stuck at home by repeated lockdowns, gorged on gaming, music, sports and entertainment.

The announcement of a $50 billion share repurchase program was also helping the bounce in shares.

The company posted a 34% gain in revenue to $55.31 billion. Operating margin, a sign of profitability, rose a huge 1100 basis points to 30%.

One basis point is one hundredth of a percentage point.

At $31.87 billion, search and other Google products like maps contributed more than half of total revenues. YouTube revenues rose 49% to $6 billion.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

sushii
2021-04-30
sushii
Good good
kyawkh
2021-04-29
kyawkh
Great
kyawkh
2021-04-29
kyawkh
Great
khaw93
2021-04-29
khaw93
It's time
- Jon000:
  Like pls
SSVC
2021-04-29
SSVC
Hmm.. Appreciate your response and comments Thanks
- SSVC:
  [强][握手]
- SSVC:
  [强][握手]
- Acella:
  ?
- schipperde:
  can help comment back?
MyGunner
2021-04-29
MyGunner
Stock price too high to invest. Hopefully split stock is coming.
- Jon000:
  Like pls

Leave a comment

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Appreciate your response and comments Thanks&nbsp;","listText":"Hmm.. Appreciate your response and comments Thanks&nbsp;","text":"Hmm.. Appreciate your response and comments Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/100761768","repostId":1109488212,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4167749,"gmtCreate":1619664507870,"gmtModify":1680786134164,"authorId":3574906731000207,"author":{"id":3574906731000207,"idStr":"3574906731000207","authorId":3574906731000207,"name":"SSVC","avatar":"https://static.tigerbbs.com/545a5ea462ff4ac7cc100bd3d8d97f72","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":100761768,"type":1,"supId":4166928,"prevId":0,"content":"[强][握手]","text":"[强][握手]","html":"[强][握手]"},{"id":4167743,"gmtCreate":1619664485519,"gmtModify":1680786131792,"authorId":3574906731000207,"author":{"id":3574906731000207,"idStr":"3574906731000207","authorId":3574906731000207,"name":"SSVC","avatar":"https://static.tigerbbs.com/545a5ea462ff4ac7cc100bd3d8d97f72","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":100761768,"type":1,"supId":4165052,"prevId":0,"content":"[强][握手]","text":"[强][握手]","html":"[强][握手]"},{"id":4166928,"gmtCreate":1619659745182,"gmtModify":1680786109988,"authorId":3563150446821026,"author":{"id":3563150446821026,"idStr":"3563150446821026","authorId":3563150446821026,"name":"Acella","avatar":"https://static.tigerbbs.com/2712c4bb0bfbec4d2773e012189db3bc","vip":1,"crmLevel":9,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":100761768,"type":1,"supId":0,"prevId":0,"content":"?","text":"?","html":"?"},{"id":4165052,"gmtCreate":1619653091687,"gmtModify":1680786091374,"authorId":3575256482663287,"author":{"id":3575256482663287,"idStr":"3575256482663287","authorId":3575256482663287,"name":"schipperde","avatar":"https://community-static.tradeup.com/news/0b7cf989e27b604b5a89d0ffc9453710","vip":1,"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":100761768,"type":1,"supId":0,"prevId":0,"content":"can help comment back?","text":"can help comment back?","html":"can help comment back?"}],"langContent":"EN"},{"id":100787746,"gmtCreate":1619651424585,"gmtModify":1704727264218,"author":{"id":"3565301069082159","authorId":"3565301069082159","name":"MyGunner","avatar":"https://static.tigerbbs.com/946429fe15553c46fc12d6e3624240c6","vip":1,"crmLevel":2,"crmLevelSwitch":1,"authorIdStr":"3565301069082159","idStr":"3565301069082159"},"htmlText":"Stock price too high to invest. Hopefully split stock is coming.","listText":"Stock price too high to invest. Hopefully split stock is coming.","text":"Stock price too high to invest. Hopefully split stock is coming.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/100787746","repostId":1109488212,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4166761,"gmtCreate":1619659119060,"gmtModify":1680786115764,"authorId":3574488501440064,"author":{"id":3574488501440064,"idStr":"3574488501440064","authorId":3574488501440064,"name":"Jon000","avatar":"https://static.tigerbbs.com/31d8b0b435484918436ab24cf32410e7","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":100787746,"type":1,"supId":0,"prevId":0,"content":"Like pls","text":"Like pls","html":"Like pls"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":91,"commentSize":26,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1109488212"}