Like the old IBM, Alphabet is trying to offset that pressure by pruning its workforce, cutting costs, and buying back 11% of its shares over the past five years. However, its future could remain ...

OLD Point Trust & Financial Services N A lowered its stake in Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 2.4% in the fourth quarter, Holdings Channel reports.The fund owned 17,590 shares of ...