Google-parent Alphabet is slipping ahead of its earnings report (GOOGL)

markets.businessinsider.com | 4/23/2018 | Staff
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Google-parent Alphabet is scheduled to report earnings after the closing bell Monday.

Wall Street is bullish, but with caution.

Regulation - Front - Investors - Minds

Potential regulation is sure to be at the front of investors minds.

Follow Alphabet stock in real-time here.

Company - Alphabet - % - Earnings - Report

Google-parent company Alphabet is slipping, down as much as 0.4%, after of its first-quarter earnings report which is due out after the closing bell.

Regulation is sure to be at the top of investors' minds following Facebook's Cambridge Analytica privacy scandal and ahead of a European privacy law, known as GDPR, that's set to take effect in May.

Risk - Internet - Platforms - Government - RBC

"If there is structural risk rising to the leading Internet Platforms, it is likely to come from government," RBC Capital Markets analyst Mark Mahaney said in a note ahead of the earnings report. And that risk does seem to be rising. Based on numerous discussions with investors, we believe the market may be under-appreciating the regulatory risk facing GOOGL."

Wall Street analysts have an average price target of $1,270 a share for Alphabet — 17.9% above...
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