(Bloomberg) -- Gideon Yu, the former chief financial officer of YouTube and Facebook, is leading an effort to raise about $500 million for a fund affiliated with Alphabet Inc.’s moonshot lab, X, according to people with knowledge of the matter.Most Read from BloombergBehind ‘Suicide Squad,’ the Year’s Biggest Video-Game FlopReal Estate Investors Are Wiped Out in Bets Fueled by Wall Street LoansVietnam Tycoon Sentenced to Death Faces New Charges: MediaBillionaire-Friendly Modi Humbled by Indians
The three members each boast a market value above $3 trillion through Wednesday’s close, while Alphabet’s is hovering around $2.177 trillion, according to Dow Jones Market Data. There are two classes of Alphabet stock that trade significant volume, but they trade for similar prices, around $181, and overall there are about 12.4 billion shares outstanding. Stock prices, and market values, are a function of earnings and valuation multiples.
We recently compiled the list of the 13 Best Quality Stocks To Buy according to the hedge funds using the latest sentiment data. In this article, we are going to take a look at where Alphabet Inc. (NASDAQ:GOOGL) stands against the other quality stocks. Investing in 2024 is significantly different from investing in the 1950s and […]