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Alphabet reported strong financial results for Q4 2023 and full year 2023, with a 13% YoY increase in revenues to $86.31B. Read why I think GOOG stock is a buy...
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The SaltLight Worldwide Flexible Fund returned 30.8% in 2023, Q4 had a +15.4% return. Click here to read the full fund letter...
Continue ReadingAmazon stock appears fairly valued at present, with much of the growth for FY24 already priced in. Learn why AMZN is a Hold...
Continue ReadingQ4 2023 Innovid Corp Earnings Call...
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(Bloomberg) -- In abandoning plans for a self-driving car, Apple Inc. is giving up on billions in potential revenue and the dream of selling what one executive called “the ultimate mobile device.” The hope is that other big bets — including generative AI and mixed-reality headsets — can make up the difference.Most Read from BloombergApple to Wind Down Electric Car Effort After Decadelong OdysseyHow Much Wealth You Need to Join the Richest 1% Around the WorldOffice Tower Deal for $1 Reveals Anxie...
Continue ReadingThe European Commission is probing if Microsoft is preventing customers from relying on certain security software from its competitors, according to a document that regulators sent to at least one rival in January, seen by Reuters. Companies over the years have complained about Microsoft's bundling services and its cloud-computing practices, which European regulators have investigated. Microsoft has said it has worked to address rivals' concerns...
Continue ReadingDespite labor disruptions on Black Friday, Amazon's net sales growth remained strong. Read why Iâm reiterating a Buy on AMZN stock...
Continue ReadingApple representatives met with U.S. Justice Department officials last week in a bid to persuade the agency not to file an antitrust suit against the iPhone maker, Bloomberg reported on Tuesday, citing people familiar with the matter. Antitrust enforcers, probing the company since 2019, allege that Apple has imposed software and hardware limitations on its iPhones and iPads to impede rivals from effectively competing, Bloomberg said. The company and its lawyers met with Assistant Attorney General Jonathan Kanter, who will make the final call on whether to file a suit, according to the report, adding that a lawsuit could be filed as soon as the end of March...
Continue Reading(Bloomberg) -- In a year when more than 50 countries are holding national elections, a new study shows the risks posed by the rise of artificial intelligence chatbots in disseminating false, misleading or harmful information to voters.Most Read from BloombergApple to Wind Down Electric Car Effort After Decadelong OdysseyHow Much Wealth You Need to Join the Richest 1% Around the WorldOffice Tower Deal for $1 Reveals Anxiety Among Longtime BuyersA Spike in Heart Disease Deaths Since Covid Is Puzzl...
Continue Reading(Bloomberg) -- Capital Group Cos. is shuffling stakes in US technology names amid the blowout rally in the Magnificent Seven megacaps.Most Read from BloombergApple to Wind Down Electric Car Effort After Decadelong OdysseyHow Much Wealth You Need to Join the Richest 1% Around the WorldOffice Tower Deal for $1 Reveals Anxiety Among Longtime BuyersA Spike in Heart Disease Deaths Since Covid Is Puzzling ScientistsNvidia’s $70 Million Florida Supercomputer Hobbled by DeSantis LawThe $2.5 trillion man...
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