Tag GOOGL

When Google parent Alphabet reported third-quarter earnings on Oct. 26, the stock dropped around 10%, its worst day in more than three years. The selloff — which came despite a strong earnings beat — was prompted by reduced growth at Google's Cloud division, where revenue landed $20 million short of analyst expectations. The tech giant, according to Brett Winton, chief futurist at Ark, is "caught in the thorns of an innovator's dilemma."...

It seems like just yesterday that a video went viral showing Meta Platforms' (NASDAQ: META) CEO Mark Zuckerberg putting his metaverse ambitions on full display. At the time, the prospects of the metaverse carried some allure, but investors quickly soured on the concept as Meta got a tad overzealous about its new pursuit. The last few quarters contained a lot of bright spots for Meta and the stock rallied, but its Q3 earnings report was somewhat mixed...

We're nearly two months into the Justice Department’s landmark antitrust case against Google -- one of the biggest fights in tech antitrust since the U.S. took Microsoft to trial in the 1990s -- and the revelations just keep getting juicier. In our last roundup, we learned how Google spent $26.3 billion in 2021 making itself the default search engine across platforms and how Google tried to have Chrome preinstalled on iPhones. Over the past couple of weeks, more of the inner workings of Google h...

Alphabet (GOOGL) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock...

The disclosure comes after the Google parent slashed its stake in the trading app company by nearly 90%...

The artificial-intelligence (AI) industry was jump-started nearly one year ago with the release of chatbot ChatGPT. On Friday, Reuters reported that search and cloud giant Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) is in talks to invest in AI startup Character.AI. Alphabet has recently attracted some investor concern around its AI standing after Microsoft (NASDAQ: MSFT) invested significantly in OpenAI, the parent company of ChatGPT...

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