Birmingham, MI, based Investment company Liberty Capital Management, Inc. buys Apple Inc, Alphabet Inc, Celgene Corp, Alphabet Inc, Ulta Salon Cosmetics & Fragrance Inc, sells Ford Motor Co, Cerner Corp, The Estee Lauder Companies Inc, Verizon ...
DETROIT—Waymo LLC, the self-driving-car unit of Alphabet Inc., has created its own sensor package, suggesting the technology company sees itself supplying both the software and hardware required for autonomous vehicles.
In his letter introducing Alphabet Inc. (GOOGL) to investors, the conglomerate's chairman, Larry Page, wrote that “the whole point is that Alphabet companies should have independence and develop their own brands.
Alphabet Inc (NASDAQ:GOOGL, NASDAQ:GOOG) had a respectable performance for the past year, gaining some 16%. Although, it did lag behind one of its fiercest rivals, Facebook Inc (NASDAQ:FB), whose stock logged a return of 34%.
And in truth, it is: The future is simply unknowable. But I've owned shares of Alphabet (NASDAQ:GOOGL)(NASDAQ:GOOG) -- formerly known as Google -- for almost a decade, and I can't fathom a circumstance under which I'd consider parting with my shares.