Analysis: For Google, plenty of cash with nowhere to go

Analysis: For Google, plenty of cash with nowhere to go

3 years ago
Anonymous $f-b3Pf4iLZ

https://www.reuters.com/article/us-alphabet-results-research-analysis/analysis-for-google-plenty-of-cash-with-nowhere-to-go-idUSKBN2CF2L0

In announcing a $50-billion share buyback on Tuesday, Google-owner Alphabet Inc confirmed a paradoxical dynamic: its core advertising business is so profitable, and so dominant, that it has few options for usefully deploying its cash.

Analysis: For Google, plenty of cash with nowhere to go

Apr 28, 2021, 8:16pm UTC
https://www.reuters.com/article/us-alphabet-results-research-analysis/analysis-for-google-plenty-of-cash-with-nowhere-to-go-idUSKBN2CF2L0 >In announcing a $50-billion share buyback on Tuesday, Google-owner Alphabet Inc confirmed a paradoxical dynamic: its core advertising business is so profitable, and so dominant, that it has few options for usefully deploying its cash.