Last week, Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Google announced Gemini, their most prominent and capable AI model, marking a significant step in their AI development journey. Gemini comes in three sizes: Ultra, Pro, and Nano, each tailored for different applications. Gemini Nano has already been integrated into Android, starting with the Pixel 8 Pro, and a specific version of Gemini Pro is utilized in Bard, Google's AI chatbot. Today, Google has made Gemini Pro available to developers an...
Continue ReadingThe judge who could rewrite the future of Google's app business is a competition law expert who once defended technology companies and other defendants in antitrust cases. U.S. District Judge James Donato in San Francisco will decide what changes to impose on Alphabet's Google Play store, after a jury on Monday agreed with "Fortnite" maker Epic Games that Google illegally barred competing Android app stores and forced developers to use its payment system for in-app transactions. Donato, a 2014 Obama appointee, will consider arguments from both sides next month, when Epic is expected to propose ways to undo Google's alleged monopoly...
Continue ReadingAlphabet Inc's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google unveils MedLM suite, a set of artificial intelligence (AI) models specifically crafted for healthcare, aiming to assist clinicians and researchers in various medical facets. The suite, consisting of large and medium-sized AI models built on Med-PaLM 2, offers versatile applications, from managing doctor-patient interactions to facilitating complex medical studies. Google's latest move signifies its ongoing efforts to generate revenue from AI t...
Continue ReadingThe largest search engine sits on a treasure trove of data, and each year it releases a glimpse of information from behind the curtain...
Continue ReadingCoatue Management's 13F portfolio value dropped in Q3 2023. Key holdings are Nvidia, Meta, Amazon, AMD, and Microsoft. Read the article for more details...
Continue ReadingChairman Jay Powell leans dovish after Fed keeps rates on hold. Fed projection pencil in 3 rate cuts next year. Stocks rally, Treasury yields fall as Dow Jones tops 37K...
Continue ReadingThe strategy is called a broken wing butterfly, and we'll use puts because the short strike will be below the stock price. With a regular butterfly option trade, the wings are placed an equal distance from the short strike. Let's take a look at how a broken wing butterfly trade might be set up on GOOGL stock...
Continue ReadingAlphabet's stock has been trading at a discount compared to Microsoft, and a better chatbot could help bridge that gap...
Continue ReadingVenture capital firm GV, backed by Google parent Alphabet Inc, has hired Michael McBride from software firm GitLab as its latest general partner to focus on open-source and AI startups, the firm told Reuters. McBride served as the chief revenue officer for five years at GitLab, an open-source developer tools maker in GV's portfolio that went public in late 2021...
Continue ReadingJ.P. Morgan maintained the equivalent of a Buy rating, naming the company one of its top picks for 2024...
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