Alphabet Inc. (NASDAQ:NASDAQ:GOOG) Morgan Stanley Technology, Media & Telecom Conference Call March 8, 2023 12:10 PM ETCompany ParticipantsRuth Porat - Chief Financial OfficerConference.....
Continue ReadingCEO Keyvan Mohajer said the market’s recent fascination with AI software “has been one of the best things that’s ever happened to us.”...
Continue ReadingAlphabet Inc.'s Google said on Wednesday it will launch a T$300 million ($9.8 million) fund over the next three years to help boost the Taiwanese media's continuing operations and digital competitiveness...
Continue ReadingSome large technology and pharmaceutical companies are telling investors that a new tax-law change is reducing their tax rates. It’s the same tax-law change corporate executives at many companies have been urging Congress to reverse. ...
Continue ReadingWe are only interested in those targets that are attractively valued in historical comparison. Click here for our 3-step process that focuses on wide-moat stocks...
Continue ReadingOn quite a down Tuesday for the stock market, both Amazon (NASDAQ: AMZN) and Uber (NYSE: UBER) managed to do better than most titles. No less an institution than Goldman Sachs (NYSE: GS) tapped Amazon and Uber to head its new list of top internet stock picks. Amazon was Goldman's No. 1 pick for the remainder of this year...
Continue ReadingA government TikTok ban became closer to a reality on Tuesday as a group of senators introduced the Emergence of Security Threats that Risk Information Communications Technology Act, also known as the RESTRICT Act. The bill would allow the government to clamp down on TikTok usage in the United States. Without the emerging social media platform TikTok as a competitor, Meta (META), Alphabet (GOOGL) Snap (SNAP) could all see positive tailwinds for their business, according to Evercore ISI’s Director & Head of Internet Research Mark Mahaney. Snap and Meta have seen their stock prices tumble over the past year for a variety of reasons, but expert's have pegged TikTok's competition as a key challenge for both businesses. But Mahaney notes the mere presence of TikTok has forced the social media companies to innovate already. Functions created amid the rise of TikTok, such as Instagram Reels and Youtube Shorts, have been chasing could help push further growth regardless of if the ban takes place. Above, Mahaney joins Yahoo Finance's Seana Smith and Dave Briggs to discuss the companies best positioned to benefit from further TikTok scrutiny. Key Video takeaways: 0:05- Companies most similar to TikTok 1:00 The increase of shortform video on social media...
Continue ReadingIn the latest trading session, Alphabet (GOOGL) closed at $93.86, marking a -1.34% move from the previous day...
Continue ReadingIn the latest trading session, Alphabet Inc. (GOOG) closed at $94.17, marking a -1.48% move from the previous day...
Continue ReadingMark Mahaney, Evercore ISI Senior Managing Director and Head of Internet Research, joins Yahoo Finance Live to discuss a proposed ban of TikTok by U.S. senators...
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