Driverless robotaxi services have been granted permission to expand their business in San Francisco, California. Companies such as Google's (GOOG, GOOGL) Waymo and General Motors' (GM) Cruise will now be allowed to deploy an unlimited number of robotaxis, operating 24/7. Yahoo Finance's Rachelle Akuffo breaks down the story...
Continue ReadingMember of the Magnificent Seven and Google-parent Alphabet is still trading inside a 5% buy zone from a breakout on July 26...
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Continue ReadingState regulators give the thumbs up to driverless-car companies, despite protests from pedestrians, bicyclists and first responders...
Continue ReadingAlphabet's Waymo and General Motor's Cruise received regulatory approval to expand their robotaxi services to offer driverless ride-hailing services 24/7 across San Francisco...
Continue ReadingTech companies are slashing spending on the future as they focus on profitability...
Continue Reading(Bloomberg) -- Alphabet Inc. is facing a new and, by most accounts, welcome problem — how to spend its rapidly expanding pile of cash. Most Read from BloombergBiden Fears China Economy Is ‘Ticking Time Bomb’Retirees Face $17,400 Cut to Social Security Benefits in 2033Jeff Bezos Buys $68 Million Home on Florida’s Exclusive Indian Creek IslandMaui Fires Show Climate Change’s Ugly ReachMaui Now Looks a Lot Less Like ParadiseThe Google owner generated nearly $29 billion in cash in the second quarter...
Continue ReadingBased on the average brokerage recommendation (ABR), Alphabet Inc. (GOOG) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?...
Continue ReadingAccording to the average brokerage recommendation (ABR), one should invest in Alphabet (GOOGL). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?...
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