Finance

The Anticipation of the 2024 Paris Olympics and Investment Opportunities

Published July 28, 2024

The countdown to the 2024 Paris Olympics has begun, and with it comes a flurry of activity not only in the world of sports but also in the realm of investments. As India prepares its contingency for the games, scheduled events on July 28 are being keenly awaited, with fans ready to stream the activities live according to Indian Standard Time (IST). This eagerness transcends the sporting arena and moves into the domain of finance, where astute investors are considering the opportunities that large events like the Olympics present.

A Spotlight on Investment Opportunities

Large events such as the Paris Olympics can often lead to potential gains in various sectors. Companies engaged in infrastructure, telecommunications, hospitality, and broadcasting may see a surge in business, which in turn could impact their stocks. Investors who pay close attention to these markets may find valuable opportunities. One such example in the technology sector is Alphabet Inc. GOOG, the parent company of Google and several other enterprises.

Understanding Alphabet Inc. and GOOG

Alphabet Inc., a leading force in the global technology sector, finds its headquarters nestled in Mountain View, California. Emerging from a strategic restructuring on October 2, 2015, Alphabet stands as the umbrella for Google and its former subsidiaries. Despite the internal changes, the co-founders of Google maintain their influential roles as shareholders, board members, and employees within the conglomerate. Representing a cornerstone of innovation, Alphabet continues to be recognized as the fourth-largest technology firm by revenue, securing its status among the world's most valuable companies.

Olympics, Investment, Technology