If you keep a portfolio of bonds, stocks, and your other investments, then you may need the latest news about potential investments, even when you are not on the computer. You can also read the latest trends in the business world. In this case, Google Finance, a financial website developed by search engine giant Google, can help you get information about your investments.
What is Google Finance?
Google Finance is a tool made for the investors to track their investment portfolio, get real-time stock information, and read the latest news about the favorite companies. Google finance is first launched in 2006 and they added new features throughout the year. In 2008, it was one of the first financial news sites to receive real-time stock quotes from NASDAQ and the New York Stock Exchange.
But after 2008 Google stopped working on the upgrades and in Aug 2012 Google Finance blog was closed. After neglecting the financial tool for so many years, Google started the renovation of the tool in 2017 and at the start of 2018 Google announced the launch of the new Google Finance for the users. But with this new upgrade, they eliminated many old features from the new platform which many users loved.
Removed feature of Google Finance?
Google Finance has lots of features loved by many investors who like to keep track of their investment and stay up-to-date about the latest trends and information. But all the favorite features of the old Google finance is no longer available in the new finance tool.
The following are the features that are not available on the new Google Finance.
Many investors have used Google Finance Portfolios to track the value of companies in their investment portfolios. Many investors used the Google Finance Portfolio tool because it contains real-time price information and information on virtually all stocks worldwide. Unfortunately, this function is no longer available in the new Google Finance. It has been replaced by a much simpler watch list that does not show the value of the portfolio.
Google Finance had a stock test tool that users could use to find companies based on market capitalization, P / E ratio, sector, country, dividend yield, and a variety of other values. Even though it was a fairly simple tool, users could identify transactions directly in Google Finance. This function is not available in the new Google Finance.
Google Domestic Trends
Google Domestic Trends was a unique feature that enabled users to define search traffic in particular economic sectors. This feature cannot be found on Google Finance anymore.
Cash flow Statements and Balance Sheets
The Finance tool previously provided users with quarterly income statements, balance sheets, and cash flow statements for most companies. Google Finance now only shows the profit and loss account of companies.
Previously reviews of Reuter’s business models, a list of key executives, upcoming events such as sales data, and links to other resources such as MarketWatch, EDGAR, and MSN Money were provided in the company profile. Now a brief description of the company from Wikipedia is provided.
News from Google News
The new Google Finance has now restricted the names to a small group of selected large publishers. This has improved the quality of headlines for large companies but prevented all company news from appearing in Google Finance.
Now the users are looking for alternative financial tools because they are unhappy with the new Google Finance.