Alphabet (GOOGL) stock surges 5.5% on strong trading volume, driven by cloud and search growth.

by MarketNewsData

From Nasdaq: 2024-12-12 09:42:00

Alphabet (GOOGL) shares surged 5.5% to $195.40 with strong trading volume. The company’s growth is driven by cloud and search expansion. Earnings estimates predict $2.12 per share, up 29.3% YoY, and revenue of $81.39 billion, a 12.5% increase.

Trivago (TRVG) shares dropped 4.2% to $2.31. Earnings estimate remains at $0.05 per share, a 400% improvement from last year. Trivago holds a Zacks Rank of #1 (Strong Buy).

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Read more at Nasdaq: Alphabet (GOOGL) Surges 5.5%: Is This an Indication of Further Gains?

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