Daily Market and Trading News

Tag GOOGL

AMZN GOOGL MSFT

Mawer Investment Management Q1 2024 Quarterly Update

The first quarter of 2024 saw a divergence in fortunes between equity and fixed income markets. How did we do? Click here to find out...

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GOOGL

Meta and Google announce new in-house AI chips, creating a ‘trillion-dollar question’ for Nvidia

Nvidia still dominates the AI hardware sector, but the potential success of Big Tech companies’ native chips poses a threat...

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GOOGL

HubSpot: Don’t Expect Further Upside From Google’s Offer

Despite the potential acquisition buzz surrounding HubSpot, the upside potential for investors remains unclear. Find out why I rate HUBS stock as a hold...

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GOOGL

General Motors’ (GM) Cruise to Restart Operation in Arizona

General Motors' (GM) Cruise to restart operation with human drivers in Phoenix, AZ, after six months...

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GOOGL MSFT

Big Tech’s ‘Interconnected Web’ of AI Investments Concerns UK’s CMA

(Bloomberg) -- Investments in artificial intelligence by Alphabet Inc.’s Google, Apple Inc., and Microsoft Corp. warrant deeper scrutiny from the UK’s antitrust watchdog over concerns they are being leveraged to further entrench their market power.Most Read from BloombergUS Sees Imminent Missile Strike on Israel by Iran, ProxiesVietnam Tycoon Lan Sentenced to Death Over $12 Billion FraudUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsRussia Destroys Largest Power Plant in Ukraine...

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AMZN GOOGL

Amazon CEO Andy Jassy says the benefits of AI ‘will astound us all’

Amazon CEO Andy Jassy is going all in on generative AI...

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GOOGL

Nvidia Stock Gains. Why New Competition Isn’t Hurting It Yet.

Nvidia was edging up early on Thursday despite a flurry of announcements from rivals developing processors powering artificial-intelligence technology...

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AMZN GOOGL

Amazon CEO Jassy Says Generative AI Boom Will Be Built On AWS

(Bloomberg) -- Amazon.com Inc. Chief Executive Officer Andy Jassy said his company’s cloud infrastructure will become an essential part of the generative artificial intelligence boom.Most Read from BloombergUS Sees Imminent Missile Strike on Israel by Iran, ProxiesUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsVietnam Tycoon Lan Sentenced to Death Over $12 Billion FraudChinese Cement Maker Halted After 99% Crash in 15 MinutesRussia Destroys Largest Power Plant in Ukraine’s Kyiv...

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GOOGL

Alphabet Heads Toward $2 Trillion With Investors Cheering AI Progress

(Bloomberg) -- Investors are becoming more optimistic about Alphabet Inc.’s artificial intelligence strategy, after a run of glitches and misfires that sent its shares tumbling. Most Read from BloombergUS Sees Imminent Missile Strike on Israel by Iran, ProxiesUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsVietnam Tycoon Lan Sentenced to Death Over $12 Billion FraudChinese Cement Maker Halted After 99% Crash in 15 MinutesUS Inflation Refuses to Bend, Fanning Fears It Will StickTh...

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AMZN GOOGL

Amazon Stock Rises Toward $2 Trillion Valuation. AI, Cost Cuts May Be Key, CEO Says.

Amazon.com CEO Andy Jassy is forecasting the company will benefit from cloud-computing demand and the growth of artificial intelligence...

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