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3 mins read
Meta, Amazon, and Alphabet are spending big in a battle to dominate AI. It might not end well.
Big Tech giants concede that AI is costing huge sums of money with little return on investment righ…
Lakshmi Varanasi
1 min read
Alphabet's new dividend is helping reassure Meta-spooked tech investors
Alphabet is issuing its first-ever dividend. The news, plus an earnings beat and a new buyback plan…
Sarah Jackson
3 mins read
Alphabet's earnings show investors are impatient for the data on AI returns. No one has the answer yet.
In Tuesday's earnings call, investors repeatedly asked Alphabet execs for data about returns on AI …
Katherine Tangalakis-Lippert
1 min read
Alphabet is pouring billions into Waymo's self-driving taxis as Tesla prepares to reveal its rival
Alphabet said it's committing $5 billion to autonomous ride service Waymo. Meantime, Tesla has set…
Jordan Hart
2 mins read
Stock market today: Stocks trade mixed as investors get ready for Tesla and Alphabet earnings
Investors were on the sidelines Tuesday morning as they wait for Tesla and Google's parent company …
Filip De Mott
1 min read
Alphabet stock tumbles on mixed earnings results, but Goldman sees 25% upside ahead on AI strength
Goldman Sachs raised its price target for Alphabet stock after Tuesday's earnings call, pointing to…
Kelly Cloonan
2 mins read
Fear of AI threats could propel cybersecurity into becoming a $290 billion industry by 2027, as per reports
AI-tech, despite being in somewhat of a nascent stage, is already being leveraged to uncover major …
2 mins read
Microsoft and Alphabet prove the AI boom has more room to run
Microsoft and Google's parent company both beat Wall Street's Q1 expectations. Their CEOs say that'…
Lloyd Lee
1 min read
Nvidia market capitalisation surpasses Alphabet
Chip-maker Nvidia's market capitalisation rose to $1.83 trillion on Wednesday, nudging past Alphabe…
3 mins read
Amazon, Microsoft, and Alphabet are doubling down on AI for the cloud and it seems to be paying off
Amazon, Microsoft, and Alphabet have buckled down on their AI strategies, and it's paying off for t…
Aaron Mok
2 mins read
Alphabet stock surges 11% on blowout earnings and first dividend for Google owner
The S&P 500 and Nasdaq 100 are set to open higher after both Alphabet and Microsoft posted strong f…
George Glover
1 min read
'Big Short' investor Michael Burry exits Amazon and Alphabet — but boosts Alibaba and bets on Baidu
Michael Burry, known for his huge bet against the mid-2000s housing bubble, sold US tech stocks and…
Theron Mohamed
2 mins read
Alphabet is set to pop 15% as Google is a clear winner in AI, Wedbush says
Alphabet has lagged the gains of some Magnificent Seven stocks like Amazon and Microsoft this year,…
Jennifer Sor
1 min read
'Big Short' investor Michael Burry reveals bets on Amazon and Alphabet
Michael Burry's Scion Asset Management added a raft of US stocks to its portfolio last quarter, mor…
Theron Mohamed
1 min read
Nvidia overtakes Alphabet as the 3rd-most-valuable US company
Nvidia shares are up 3.64% in the past 5 days alone, with a market cap now equal to $1.83 trillion,…
Aruni Soni
2 mins read
Apple and Alphabet stocks rally on report Google's Gemini could power next-gen iPhones
Wall Street cheered after Bloomberg reported Google's AI engine could be integrated with future iPh…
Phil Rosen
1 min read
$110 billion is wiped off Alphabet's valuation after Google owner's advertising revenues disappoint
Alphabet shares slid 6% Wednesday after the Google parent's advertising revenues fell short of Wall…
George Glover
1 min read
Billionaire investor Stanley Druckenmiller dumped Alphabet and Amazon last quarter and piled further into AI winners Nvidia and Microsoft
Stanley Druckenmiller's Duquesne Family Office increased its stake in Microsoft, while buying call …
Filip De Mott
2 mins read
Nvidia is now worth more than Alphabet and Amazon. These 4 charts show the chipmaker's surge to a $1.8 trillion valuation.
AI has powered Nvidia to huge gains since the start of 2023. These charts capture its massive valua…
George Glover
2 mins read
JPMorgan calls Amazon and Alphabet its 'top picks' for 2024 in bet that mega-cap tech rally will continue
"We anticipate our coverage universe [internet companies] will broadly re-accelerate revenue growth…