Google-parent Alphabet got caught in the market downturn the first quarter of last year and reported a drop in earnings growth on a minuscule sales gain. Then it blasted off, posting rising earnings and sales growth, including 42% profit surges the past two quarters. With annual revenue topping $300 billion, it's surprising to see that Alphabet stock has soared 73% since January 2023...
Continue ReadingThe current AI-infused record highs in the stock market have some people remembering 2000, when the dot-com bubble burst leaving many investors holding the bag. But veteran financial journalist Allan Sloan says that he was there and this feels much different...
Continue ReadingAlphabet's (GOOGL) Google launches a song search capability for YouTube Music on Android devices, boosting the Google Services segment...
Continue Reading(Bloomberg) -- Microsoft Corp. has named Mustafa Suleyman head of its consumer artificial intelligence business, hiring most of the staff from his Inflection AI startup as the software giant seeks to fend off Alphabet Inc.’s Google in the fiercely contested market for AI products.Most Read from BloombergTrump Rules Out Vivek Ramaswamy as Running Mate as He Eyes New TeamApple Is in Talks to Let Google Gemini Power iPhone AI FeaturesNvidia Looks to Extend AI Dominance With New Blackwell ChipsEverg...
Continue ReadingYou might think these dominant tech-enabled enterprises are expensive, but one company will challenge that assumption...
Continue Reading(Bloomberg) -- Alphabet Inc.’s Google announced a slew of initiatives to deploy its artificial intelligence models in the health care industry, including a tool that will help Fitbit users glean insights from their wearable devices and a partnership to improve screenings for cancer and disease in India.Most Read from BloombergTrump Rules Out Vivek Ramaswamy as Running Mate as He Eyes New TeamApple Is in Talks to Let Google Gemini Power iPhone AI FeaturesNvidia Looks to Extend AI Dominance With N...
Continue ReadingThe U.S. advertising market shows growth with a 4.3% YoY increase in January. We see opportunity in some leading ad-tech names, click for our picks!...
Continue ReadingAlphabet (GOOGL) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term...
Continue ReadingGoogle stock lagged behind most Mag 7 and other AI-related stocks, but recent correction offers significant buying opportunity. Find out why GOOG stock is a Buy...
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