The stock market was mixed as Google lifted AI giants and Tesla dived. President Trump and Federal Reserve Chairman Jerome Powell disagreed...
Continue ReadingMILAN (Reuters) -Italian energy storage firm Energy Dome said on Friday it had entered a commercial partnership with Google to supply carbon-free energy to the grids that power the operations of the U.S. tech giant. As part of the agreement, Google has made a strategic investment in Milan-based Energy Dome, which has developed a CO2 battery technology to support the energy transition through long-duration energy storage solutions, the companies said in a joint statement. Google joins other investors in the Italian energy storage firm such as Oman's sovereign wealth fund and global tank storage operator Vopak...
Continue ReadingA buoyant week for world markets driven by emerging U.S. trade deals with major economies has gone a bit flat into Friday, with the corporate earnings season throwing up a series of high profile disappointments. The interest rate backdrop also turned a shade darker, with the European Central Bank holding its 2% rate steady as expected but with some officials signalling that the bar was high for further easing. Federal Reserve rate cut expectations also continued to tick lower despite relentless political pressure, with futures markets now pricing in just 42 basis points of additional easing this year...
Continue ReadingAlphabet Inc.'s Q2 results showcase 12% growth, strong cloud performance, and robust cash flow. Click here to find out why I rate GOOGL stock a Strong Buy...
Continue ReadingNvidia stock is hovering near-all time highs. Spending plans from Amazon.com, Microsoft, and Meta Platforms could send it higher...
Continue ReadingStrong earnings and continued spending from Alphabet boosted the broad S&P 500 and tech-laden Nasdaq to fresh record highs...
Continue ReadingSeptember S&P 500 E-Mini futures (ESU25) are trending up +0.13% this morning as investors remain cautiously optimistic that the U.S. may strike more trade deals ahead of President Donald Trump’s August 1st deadline...
Continue ReadingAlphabet (GOOG, GOOGL) reported earnings that beat expectations, supporting the Google bulls on Wall Street. Gradient Investments investment analyst Lisa Schreiber, one of these bullish analysts, outlines why she's positive on Alphabet and shares two other top stock picks. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here...
Continue ReadingWhether the internet Google helped create will be sacrificed in the AI transition isn't answerable in a tidy summary...
Continue ReadingPresident defends EV subsidies amid Tesla's weak quarter...
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