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Although some investors are concerned about near-term growth and margin softness, Google remains a strong AI player. Read more to see my analysis on GOOG stock...
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A tumble in the heavyweight stocks that have powered markets higher this year is highlighting Wall Street's vulnerability to any weakness in the Big Tech trade and causing concerns that over-stretched stocks are in for more turbulence. Disappointing quarterly reports from Tesla and Google-parent Alphabet sparked a crushing market selloff on Wednesday, with the tech-heavy Nasdaq Composite falling 3.6% in its worst day since October 2022. The benchmark S&P 500 slumped 2.3%, with the earnings reports causing concerns about upcoming results from the other big tech firms...
Continue ReadingA Closer Look at Alphabet Inc's Financial Health and Market Position...
Continue ReadingThe electric-vehicle pioneer’s second-quarter results showed a challenged car business, while its CEO just wants investors to think about autonomy...
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(Bloomberg) -- Elon Musk asked X users whether Tesla Inc. should invest $5 billion in his artificial intelligence startup, saying he was “testing the waters” for a potential deal. More than two-thirds of respondents voted “yes.”Most Read from BloombergHarris Just Showed Why Trump Is So Afraid of HerI Changed My Mind. The Fed Needs to Cut Rates Now.Stocks Tumble as Wall Street Gets AI Wake-Up Call: Markets WrapWhat Initial Polling Data Show About the Trump-Harris MatchupHarris Targets Trump by Ra...
Continue ReadingGoogle announced its second quarter earnings after the bell on Tuesday, but the company still isn't sharing much in terms of when it expects to see major growth from its enormous AI spending...
Continue ReadingTelsa profit in the second quarter plunged more than 40% from a year ago, as the electric vehicle company has faced both more EV competition from established automakers and a slowing of overall EV sales growth...
Continue ReadingApple announced on Wednesday that Apple Maps is now available on the web via a public beta, which means you can now access the service directly from your browser. The launch puts Apple Maps in direct competition with Google Maps, which has long been available on the web. Maps on the web is accessible in English and is compatible with Safari and Chrome on Mac and iPad, as well as Chrome and Edge on Windows PCs. Apple plans to bring support for additional languages, browsers and platforms in the f...
Continue ReadingThis is what could happen next to Apple shares...
Continue ReadingCEO Elon Musk thinks Tesla's new software update could be a "massive demand driver."...
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