The Nasdaq-100 and Nasdaq Composite indexes have officially entered bear market territory, down by more than 20% from their all-time highs. Many of their component stocks are down even more than that, including technology giant Alphabet (NASDAQ: GOOG), which is trading 29% below its peak as of this writing. The company that owns Google, YouTube, and Android has been on a roller-coaster ride ever since OpenAI's ChatGPT went viral over two years ago, and at the moment, the track is sloping downward...
Continue ReadingAlphabet's self-driving unit Waymo said on Thursday it will start collecting data in Tokyo with test rides operated by human drivers next week, marking the first time the company will be using its cars on public roads outside the United States. The California-based autonomous driving company will deploy 25 driver-operated electric Jaguar I-PACE to map key areas of the Japanese capital and gain insights into local infrastructure and driving patterns. "It's important for us to understand the difference in driving environment, what makes the driving here unique," Nicole Gavel, Waymo's head of business development and strategic partnerships, told reporters at an event in Tokyo...
Continue ReadingAlphabet (NasdaqGS:GOOGL) experienced a 5% rise last week, in alignment with broader market trends marked by a sharp rebound. The company's recent collaborations, such as Shirofune's integration with Google's DV360 and Bentley Systems' use of Google Maps for asset analytics, could enhance Alphabet's advertising and geospatial offerings. Meanwhile, the tech-heavy Nasdaq saw a substantial 12% increase amid tariff-related news, providing a favorable environment for heavyweight tech firms.....
Continue ReadingYieldMax Bitcoin Option Income Strategy Fund shows relatively good income stability and capital preservation despite volatility. See how YBIT ETF is a Buy now...
Continue ReadingJust a few weeks after OpenAI said it would adopt rival Anthropic’s standard for connecting AI models to the systems where data resides, Google is following suit. In a post on X on Wednesday, Google DeepMind CEO Demis Hassabis said Google would add support for Anthropic’s Model Context Protocol, or MCP, to its Gemini models and SDK. He did not specify a timeline for when this would be done. "MCP is a good protocol and it's rapidly becoming an open standard for the AI agentic era," wrote Hassabis...
Continue ReadingPresident Trump's announcement of tariffs on imports from countries worldwide has rocked the stock market -- and the tech-heavy Nasdaq Composite (NASDAQINDEX: ^IXIC) has led the decline, crashing more than 20% from its most recent high. Why are tech stocks being hit so hard? All this has prompted investors to worry about tech earnings ahead, fleeing shares of these companies...
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