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Continue ReadingAlphabet Inc’s. (NASDAQ:GOOGL) Google and financial services provider CME Group Inc. (NASDAQ:CME) are collaborating to innovate in the financial trading space by constructing a new cloud-computing network. The project aims to transition the futures and options trading of CME into a more modern, cloud-based environment. The partnership will focus on creating cloud and colocation facilities adjacent to CME’s existing data center in Aurora, Illinois. These facilities are expected to enhance trading...
Continue ReadingYouTube — owned by tech giant Alphabet (GOOG, GOOGL) — is solidifying its position as a dominant force in the streaming sector, according to the latest Nielsen survey. Nielsen's data reveals that YouTube captured a substantial 9.7% of total viewership among streaming services during the month of May. Yahoo Finance's Alexandra Canal breaks down the details. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith...
Continue ReadingMajor indexes in the stock market today were mixed in the opening hour, as transportation stocks outperformed. Microsoft continues to lead this year and remains in a proper buy zone. Apple, a recent breakout, is now extended...
Continue ReadingApple is looking to stand apart from other tech firms working on artificial intelligence by focusing on user privacy...
Continue ReadingTesla (TSLA) may have some competition in the robotaxi space as Croatian automaker Rimac Automobili is set to launch its new robotaxi service, Verne, in 2026. Yahoo Finance Pras Subramanian joins Catalysts to discuss Rimac's announcement and what it means for the auto sector moving forward. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino...
Continue ReadingPiper Sandler has raised its price target on Uber (UBER) from $86 to $88, calling the rideshare company a "sleeping giant" in its latest note. Piper Sandler Senior Research Analyst Tom Champion joins Catalysts to give insight to his call and why he is bullish on Uber. Champion claims that his excitement for Uber comes from its potential to grow in using advertising to target users like Amazon (AMZN) has done previously: "I think the way to frame this is we've seen, over the last 6 or 8 years, Amazon build this gigantic advertising juggernaut. And a lot of this is done through sponsored listings. The ability of Amazon merchants to advertise and promote their goods. And we believe that in all transaction platforms, there exists this promotional advertising opportunity in the gig economy space... with Uber's scale, which really kind of dwarfs the rest of the space, the future looks very interesting." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino...
Continue ReadingFinancial writer issues Hold rating on Alphabet due to current valuations and user experience issues, but sees long-term AI and cloud growth potential...
Continue ReadingInvestors should be watchful of the potential AI-bubble burst in the market, exercise caution and adhere to the caveat emptor principle...
Continue ReadingRosenblatt has upgraded Apple (AAPL) to Buy from Neutral and increased its price target to $260 per share, citing the company's privacy-focused AI initiatives. Yahoo Finance's Seana Smith and Madison Mills discuss the bullish call and Apple's entry into the AI race. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl...
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