Tag GOOGL

Wall Street tanked in a broad sell-off on Thursday, as investor risk appetite was dashed by worries that the Federal Reserve's restrictive monetary policy will remain in place for longer than anticipated. a 10-year peak the day after Fed Chairman Jerome Powell warned inflation still has a long way to go before approaching the central bank's 2% target. Interest rate-sensitive megacaps, led by Amazon.com , Nvidia Corp, Apple Inc and Alphabet Inc dragged the S&P 500 and the Nasdaq to their lowest closing levels since June...

Tech developer Cisco (CSCO) is set to acquire cybersecurity firm Splunk (SPLK) for $28 billion, which Cisco CFO Scott Herren calls "such a powerful transaction for us" on the data front. Google parent company Alphabet (GOOG, GOOGL) denies speculations of a shaky relationship with chip maker Broadcom (AVGO) after a Reuters report claimed the tech giant was considering dropping the company as its primary AI chip supplier by 2027. Yahoo Finance Live's Josh Lipton and Akiko Fujita take a look at several trending stocks ahead of Thursday's closing bell. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live...

The Information reported late Wednesday that Marvell could replace Broadcom as one of Google's AI chip development partners...

(Bloomberg) -- Oracle Corp. expects to generate about $65 billion in annual revenue by fiscal year 2026, an outlook executives first provided a year ago, in a lukewarm message to investors disappointed by the software maker’s most-recent quarterly results.Most Read from BloombergIndia Suspends Visas, Canada Pulls Diplomats Amid TensionsEx-Goldman Bankers Make a Fortune With Controversial Bet on Coal‘Dead Space’ Co-Creator Departs Startup After Newest Game FlopsWall Street Trading Roiled by ‘Post...

The CEO of internet search engine company DuckDuckGo testified on Thursday that his company struggled to grow its market share because Google was paying key companies billions of dollars to keep its search engine as the default on computers or mobile devices. THE TAKE: DuckDuckGo CEO Gabriel Weinberg, who was testifying at a trial in Washington to determine if Alphabet's Google broke US antitrust law, was meant to support the U.S. government's argument that Google's big pockets were used to illegally hold back its smaller rivals...

Broadcom shares dipped on news Google could move to in-house TPUs as early as 2027 as the scramble for AI market share intensifies...

A report said Google executives have discussed dropping the semiconductor firm as a supplier of artificial-intelligence chips as early as 2027...

Appearing in the biggest antitrust trial in a quarter century, DuckDuckGo founder Gabriel Weinberg testified Thursday that it was hard for his small search engine company to compete with Google because the powerhouse has deals with phone companies and equipment manufacturers to make its product the default search option on so many devices. The U.S. Department of Justice argues that Google has smothered competition by paying companies such as Apple and Verizon to lock in its search engine as the default choice — the first one users see — on many laptops and smartphones...

According to a report by Reuters, Google (GOOG, GOOGL) may drop Broadcom (AVGO) as their supplier of AI chips by 2027. The report details that Google could design the chips — called tensor processing units — in-house, potentially saving the company billions. Shares of Broadcom dipped in the morning trading session on the news. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live...

Investing.com -- The Dow slumped Thursday, pressured by rising Treasury yields as investors continued to digest the prospect of a higher-for-longer Federal Reserve interest rate regime following data showing the labor market remains tight...