Stocks

Paris Olympics 2024 and Alphabet Inc (GOOG): A Stock to Watch

Published July 29, 2024

As the world turns its attention to the Paris Olympics 2024, sports enthusiasts are not the only ones with their eyes on the event. Investors are also observing market fluctuations closely as major events like this can have various impacts on stock prices.

Day 2 Highlights from Paris Olympics 2024

Day 2 of the Paris Olympics 2024 has already brought its share of thrills with Indian shuttler HS Prannoy winning his opener, positioning himself as a strong contender in the games. Meanwhile, shooter Manu Bhaker made headlines by securing a bronze medal, adding to her country's tally and highlighting her prowess in the sport.

An Eye on Alphabet Inc.

In the midst of Olympic fever, investors may be looking for opportunities within the stock market. Alphabet Inc. GOOG, the parent company of Google, is a significant player worth noting. It is an American multinational conglomerate, known for being a technological powerhouse and one of the most valuable companies in the world. With its roots in the restructuring of Google in 2015, Alphabet has seen sustained growth and maintains substantial influence under the stewardship of its co-founders.

Investment Potential of GOOG

The upcoming Olympics could have a myriad of effects on stocks like GOOG. With increased online engagement during such events, companies part of Alphabet Inc. could see heightened activity on their platforms, which might possibly influence their stock performance. Therefore, astute investors are likely watching GOOG closely, considering it could present a valuable investment opportunity in relation to global events such as the Paris Olympics 2024.

Olympics, Investment, GOOG