Alphabet (GOOGL) entered 2016 with an investor mandate to prove that its formidable roster of far-flung startups have potent revenue potential and that the company’s core Google search business has what it takes to stay No. 1. Part of the answer to where Alphabet stands on both fronts will emerge when it reports fourth-quarter and full-year 2015 earnings this month. In its former life as Google, the company was known for its deep pockets,
In terms of the so-called FANG stocks — Facebook (FB), Amazon (AMZN), Netflix (NFLX), and Alphabet (GOOGL), once known exclusively as Google — the rough start to 2016 shows that even top stocks can come under the pressure of a broad market sell-off. On Monday, all four companies closed below their 50-day moving average for the first time since late September, as U.S. stocks fell on negative manufacturing data domestically and overseas in China.
Apple TV was a popular holiday gift this year, according to post-Christmas usage, a good sign for Apple (AAPL) as iPhone sales look set to be flat or even fall in 2016. Apple’s streaming device saw a 44% usage spike from Dec. 20 to Dec. 27, according to AppLovin data . From Christmas Eve to Dec. 26, usage leapt 36%. Apple TV Rivals Include Amazon Fire, Google Chromecast The Apple TV, which competes against Amazon (AMZN) Fire TV, Google (GOOGL)