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Continue ReadingThe Biden administration has tried to rein in what it views as anticompetitive behavior in the tech world, but Alphabet may find out that a second Trump administration isn't much friendlier...
Continue ReadingAn elite Israeli military intelligence unit may once again be about to prove its value to the nation's tech economy as Google's parent eyes cybertech company Wiz for an eyewatering $23 billion. Alphabet Inc , a person familiar has said, is in advanced talks to buy Wiz from founder Assaf Rappaport, a former officer from the famed 8200 military unit, which has built a track record in turning out tech entrepreneurs. As the war in Gaza squeezes Israel's economy, the deal underscores the resilience of the tech industry, which accounts for some 20% of the country's output and around 15% of jobs...
Continue ReadingAlphabet's AI push will lead to a huge boost in spending this year, but revenue from search and YouTube is also accelerating...
Continue ReadingWedgewood Partners, an investment management company, released its second-quarter 2024 investor letter. A copy of the letter can be downloaded here. In the second quarter, Wedgewood Composite’s net return was 3.7% compared to the Standard & Poor’s 4.3%, the Russell 1000 Growth Index’s 8.3%, and the Russell 1000 Value Index’s -2.2% return for the same […]...
Continue ReadingMegacap technology companies are delivering impressive results, and the market is rewarding them for it...
Continue ReadingA strong balance sheet makes Google stock stand out. With plenty cash and low debt, Alphabet has been eyeing a big acquisition, reports say...
Continue ReadingOakmark Select Fund returned -6.19% vs. 4.28% for the S&P 500 Index for Q2 2024. Click here to read the full commentary...
Continue ReadingThis tech titan could join the most exclusive club on Wall Street by the end of 2025...
Continue Reading(Bloomberg) -- Food and agriculture AI startup Cropin Technology Solutions has unveiled a real-time intelligence solution to forecast future yields for 13 vital crops as artificial intelligence helps overcome bottlenecks in the farming industry.Most Read from BloombergUS Floats Tougher Trade Curbs in Chip Crackdown on ChinaTrump Security Tightened on Iran Plot Intel; No Link to ShootingBlackRock Says Gunman From Trump Rally Appeared in Firm’s AdHSBC Names Elhedery CEO, Picking Insider for Top Jo...
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