Tag GOOGL
The U.S. Justice Department's once-in-a-generation antitrust fight with Alphabet's Google gets some star power on Monday when Microsoft chief executive Satya Nadella takes the witness stand. The government is likely to ask Nadella about the obstacles posed by Google's dominance as Microsoft sought to grow Edge and Bing, its browser and search engine. The government has argued that Google, worth more than $1 trillion with some 90% of the search market, illegally paid $10 billion annually to smartphone makers like Apple and wireless carriers like AT&T and others to be the default search engine on their devices...
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Google's AI prowess is undervalued, and GOOG's new Gemini is a milestone in AI applications. Click here to find out what makes the stock a buy...
Continue ReadingGoogle’s cloud computing business is now a validator for the Polygon network, a Layer 2 blockchain built on top of Ethereum. In this role, Google Cloud holds a direct stake of more than 10,000 Polygon tokens ($MATIC) and participates in the confirmation of network transactions. Perspective: As a .....
Continue ReadingBlackBerry (NYSE: BB) posted its latest earnings report on Sept. 28. For the second quarter of fiscal 2024 (which ended on Aug. 31), the Canadian tech company's revenue fell 21% year over year to $132 million but missed analysts' estimates by $15 million...
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(Bloomberg) -- Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly.Most Read from BloombergWhy a US Recession Is Still Likely — and Coming SoonOnce Unthinkable Bond Yields Now the New Normal For MarketsCongress Averts US Government Shutdown Hours Before DeadlineAging Trees Show a Crisis Looms for the World’s Everything OilMcCarthy to Face Far-Right Attempt to Oust...
Continue ReadingSuch quick growth has investors excited and some might be wondering what other stocks are poised to double between now and the end of 2025? Jake Lerch (Alphabet): Sure, it's giant and well known, but that doesn't mean Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) stock isn't poised to climb higher. In fact, with a year-to-date return of roughly 50%, Alphabet has already demonstrated its stock has plenty of room to run...
Continue ReadingAlphabet's (NASDAQ:GOOGL) stock is up by 9.1% over the past three months. Given its impressive performance, we decided.....
Continue ReadingWhen investing, that means identifying strong businesses that have carved out lasting competitive advantages and holding their stocks for a long time. Let's have a closer look at two companies that simply dominate the digital advertising market: Alphabet (NASDAQ: GOOG) and Meta Platforms (NASDAQ: META). Topping the list of tech stocks to buy for the long haul is Alphabet...
Continue ReadingPerhaps the hottest question in technology investing circles today is whether Nvidia's (NASDAQ: NVDA) eye-popping growth and margins displayed over the course of the past two quarters is sustainable. If artificial-intelligence (AI) accelerators grow at a 50% annualized growth rate for the next five years as some think, Nvidia's stock may actually be cheap. At a recent industry conference, Lisa Su, the CEO of Nvidia competitor Advanced Micro Devices (NASDAQ: AMD), said of Nvidia's AI moat, "I'm not a believer in moats when the market is moving as fast as this."...
Continue ReadingAckman's remarks at the Delivering Alpha conference underscore why this AI stock is his second-biggest position...
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