Tag GOOGL
Investors may be wondering if it's time to buy Alphabet's (GOOGL) stock for another bounce higher after impressively exceeding Q3 expectations and posting stellar quarterly growth...
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Apple disappointed investors with its soft guidance, but the iPhone maker still could rebound because of opportunities in Services and in India. Apple product revenue is still high, but growth has stalled since fiscal 2021. Apple’s Services segment, its second largest after iPhone, remains the strongest grower as it has been for a while...
Continue ReadingA Russian court fined Alphabet's Google $2 decillion, a 34-figure number, for blocking YouTube channels and content served up by the country...
Continue ReadingGoogle Maps users can now receive personalized activity and dining suggestions through the new "Inspiration with Gemini" feature...
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Amazon.com stock popped in late trading Thursday after the online retail giant reported third-quarter earnings that beat Wall Street estimates. Revenue for Amazon Web Services, the company’s cloud computing platform, increased 19% to $27.5 billion. Meanwhile, online stores revenue of $61.4 billion increased from last year’s $57.3 billion and was above analyst expectations for $59.7 billion...
Continue ReadingOpenAI is launching a ChatGPT-powered search engine that could put the artificial intelligence company in direct competition with Google and affect the flow of internet traffic seeking news, sports scores and other timely information. San Francisco-based OpenAI said Thursday it is releasing a search feature to paid users of ChatGPT but will eventually expand it to all ChatGPT users. Google upended its search engine in May with AI-generated written summaries now frequently appearing at the top of search results...
Continue ReadingUS stocks (^DJI,^GSPC, ^IXIC) are trading lower, with Big Tech leading the pullback after Meta (META) and Microsoft (MSFT) earnings fed into concerns about artificial intelligence (AI) spending. US SPDR Business at State Street Global Advisors chief investment strategist Michael Arone joins Market Domination Hosts Alexandra Canal and Josh Lipton to discuss his outlook for the Big Tech sector. “What's been happening is that these companies continue to beat on top and bottom line, yet their forecasts just aren't good enough given how far they've come from a price-performance perspective and where their valuations are,” Arone tells Yahoo Finance. The strategist adds, “I do expect this [Big Tech pullback] to continue to unfold, given some of the risks." For more on Arone’s expectations for Big Tech stocks and how to navigate the pullback, watch the video above. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Naomi Buchanan...
Continue ReadingThese dominant tech firms have long been leaders in the internet age...
Continue ReadingAlphabet shot up as much as 6.8% before closing up 2.8% Wednesday in hefty volume after the search giant reported strong earnings late Tuesday. Alphabet stock gave back a portion of its gain on Thursday. On Thursday, the Relative Strength (RS) Rating for Alphabet stock moved into a higher percentile as it got a nine-point lift from 63 to 72...
Continue ReadingSector Update: Tech Stocks Fall Late Afternoon...
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