Tag GOOGL
Google is displaying the classic signs of a star athlete trying to avoid the inevitability of old age and the decline in performance. See my take on GOOG stock here...
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Google presented a strong earnings sheet for the Q1 2023. Click here to read why I believe GOOG stock's risk profile remains very much skewed to the upside...
Continue ReadingArtificial intelligence like Microsoft-powered ChatGPT is a primary reason stocks up this year. As a result, stock market is being powered by the narrowest stock leadership since the 1990s...
Continue ReadingWe made lots of trades, picked up a new stock, and made other changes amid this earnings-heavy week...
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Tech stocks (XLK) provided a boost to the overall markets, with the S&P 500 ending the week nearly one percent higher. Meta (META) shares soared on an earnings beat, posting revenue of $28.65 billion versus an estimated $27.67 billion and earnings per share of $2.20 versus $2.01 estimated. Alphabet (GOOGL) ending the week up after announcing a $70 billion share buyback and beating on the top and bottom line. Microsoft (MSFT) reported an earnings beat, the stock up on better-than-expected guidance. Daniel Morgan, Synovus Trust Senior Portfolio Manager, said Microsoft is a winner this week. Morgan joined Yahoo Finance’s Julie Hyman and Diane King Hall to recap major tech earnings to discuss the impact of AI on big tech’s stock prices. “The best thing you can do as a CEO to jumpstart your stock is talk about AI…My biggest concern is how can AI trickle down and actually affect the bottom line and grow profits into the future? Or is it just going to create more efficiencies and productivity within the existing products?” Watch the full interview here. Key video moments 00:00:02 On mentioning AI 00:00:10 On who is winning in AI race 00:00:42 On biggest AI concern...
Continue Reading(Bloomberg) -- A searing revival in technology companies was supposed to collapse under its own weight and spell doom for investors everywhere. As of now, that’s not how it’s playing out.Most Read from BloombergHarley-Davidson Says Repo Shortage Is Fueling Credit LossesFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyStrong Earnings Lift Stocks as Bank Concerns Loom: Markets WrapFed Seeks Stronger Bank Rules While Detailing Oversight LapsesFugitive CEO Ordered to Pay $3.4 Bil...
Continue ReadingA district court in Virginia denied Google’s motion to dismiss a Department of Justice (DOJ) antitrust lawsuit on Friday (April 28), renewing a federal investigation into the company’s dominant advertising business...
Continue ReadingAlphabet needs to get more out of its A.I. research spending. But Google's gain could wind up being our loss...
Continue ReadingYahoo Finance Tech Editor Dan Howley discusses the predominant mentions of AI development amongst tech earnings this week...
Continue ReadingMicrosoft, Alphabet, and Meta are just three of the companies focusing on AI in their earnings reports...
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