GOOGL stock has plunged nearly 15% in the past three weeks, revisiting lows last seen in July 2023. Explore more details here...
Continue ReadingConsistent with our expectations, Google's ad revenue started to show signs of stabilization in 2H23. Learn why we are maintaining our buy-rating on GOOG...
Continue ReadingMarket volatility and sell-offs have been frustrating despite positive earnings reports from big cap tech companies. Read more here...
Continue ReadingListen on the go! A daily podcast of Wall Street Breakfast will be available this morning on Seeking Alpha, iTunes, Spotify...
Continue ReadingFor Q2 2023, Deep Sail Capital Partners returned -23.3% net of fees while averaging 78% net long exposure. Click here to read the full fund letter...
Continue Reading(Bloomberg) -- Google has committed to invest $2 billion in the artificial intelligence company Anthropic, solidifying its relationship with the startup darling and stoking the Silicon Valley frenzy for AI. Most Read from BloombergIsrael Latest: Iranian Minister Warns US Over Support of IsraelHouse Speaker Mike Johnson’s First Big Bill Cuts Biden’s Climate Change FundingEverything Apple Plans to Launch at Oct. 30 ‘Scary Fast’ Mac EventS&P 500 Extends Slide From Its July Peak to 10%: Markets Wrap...
Continue ReadingGeneral Motors’ autonomous vehicle unit, Cruise, is facing multiple federal investigations over its cars’ safety, including two incidents where the robot cars appeared not to yield to pedestrians in crosswalks, according to a U.S. regulator's letter released on Friday. Cruise autonomous cars "may not be exercising appropriate caution around pedestrians in the roadway," according to the letter dated Oct. 20 from the National Highway Traffic Safety Administration...
Continue ReadingMarket Today: Mixed Market Performance Amidst Key Stock Developments...
Continue ReadingStrong Q3 results from mega-cap Tech players have helped the aggregate Q3 earnings growth rate for the S&P 500 index turn positive in recent days. Regarding the 'Big 7', Apple and Nvidia now represent the final members of the group yet to report...
Continue ReadingThe S&P 500 forward 4-quarter estimate slipped to $238.46 from last weekâs $238.95, despite a good week of tech sector earnings...
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