Alphabet Inc. is an American multinational technology conglomerate holding company headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries.
Okay, so 2024 hasn’t quite started the way that 2023 ended. Bulls were caught off guard but hey, that’s what happens when the markets go up for nine straight weeks in a row.
The tech giants Alphabet, Amazon, Microsoft, and Meta may be experiencing slower growth, but their strong pricing power, cost-cutting abilities, and resilience make them worthy investments in the current market.