Google Finance as you know it is going away here is what will remainPublished: Oct. 1, 2017 at 5:08 p.m. ET By Portfolio feature will be eliminated, automated version will migrate to Google Search in first major update since 2009Alphabet Inc. has informed users of its Google Finance product last week that the core of the offering, the portfolio feature, will soon disappear as the stocks-focused product undergoes a transformation that bundles it into Googles dominant search offering. Show The November move will mark the first major change to a languishing product that has existed since 2006 but hasnt seen an overhaul in more than eight years. To replace the outgoing features, Google said that it plans to migrate users portfolios to Googles search product,... Alphabet Inc. has informed users of its Google Finance product last week that the core of the offering, the portfolio feature, will soon disappear as the stocks-focused product undergoes a transformation that bundles it into Googles dominant search offering. The November move will mark the first major change to a languishing product that has existed since 2006 but hasnt seen an overhaul in more than eight years. To replace the outgoing features, Google said that it plans to migrate users portfolios to Googles search product, which will aim to analyze users interests and provide a report for users. As part of this updated experience, youll still be able to follow the stocks youre interested in and receive the latest industry news and market trends, but the Portfolios feature will no longer be available as part of the service, a Google spokeswoman wrote in an emailed statement. Read:Alphabet says it wants $1.86 billion from Uber, not $2.6 billion Google Finance portfolios, similar to rival finance-focused products like Yahoo Finance, allow users to track a number of investments over time, including profit or loss calculations based on the purchase price of a security, and to create data visualizations based on the information. Before the mid-November changes, Google has given its users an option to download their portfolio in CSV or OFX format. Read:Google, partners to refund advertisers over fake traffic on Doubleclick Seven Years Without Google in China MarketWatch.com It isnt clear what, if any additional features Google plans to change, or what the Google Finance site will look like after the overhaul is complete. A spokeswoman confirmed that the Google Finance site will remainin some formbut declined to make executives available to discuss the changes in greater detail. Alphabet US:GOOGL US:GOOG stock is up 18.6% this year, while the S&P 500 index US:SPX has gained 11.5% and the Dow Jones Industrial Average US:DJIA has gained 13%. See original version of this story |
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