Diamonds and Dogs

8/19/24

 

Google (GOOG) is up a percent, celebrating its 20th anniversary as a publicly traded company. The stock has made investors over 20 times their money since 2004, buying YouTube, Fitbit, Waze, and Motorola along the way. Google bought YouTube for nearly $2 billion 18 years ago. Today its worth over $150 billion.

Apple (AAPL) receives a downgrade. The stock is modestly lower after analyst downgraded the stock.  Moffett Nathanson analysts led by Craig Moffett initiated coverage of the tech giant with a neutral and a price target of $211 as the current price reflects a lot of good news about possible customer iphone upgrade for more AI products and services.

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