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The Latest Breaking News from Alphabet

Tech stocks faltered in August after a searing rally to start 2023. Here are three mega-cap tech stocks that are trading at attractive levels for investors looking to buy the dip.

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3 Standout Tech Stocks That Hit New Highs in August

The broader Nasdaq pulled back in August, but these three tech stocks bucked the trend to find new highs during the month. Here's why.

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Why the Top Fintech FAANG Stock Isn't Apple or Google

Amazon has made major strides to expand its payments business in recent quarters, and could snag market share from FAANG rivals like Apple and Google.

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Morgan Stanley analyst predicts S&P 500 could leap another 11% this year

The analyst pointed out that a handful of high-performing stocks are yet to reach the highs they enjoyed in 2021.

Fortune

Stocks Rally on Improved Prospects for a Pause in Fed Rate Hikes

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +1.45%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.85%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +2.15%. Stocks on Tuesday moved higher throughout the day, with...

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Everything you need to know about ‘protein-folding problem’ – but were too afraid to ask

In November 2020, Alphabet’s subsidiary DeepMind got the scientific community excited with its progress in solving the 50-year-old ‘protein-folding problem’.

Newslaundry

A.I. could boost earnings nearly 20% by replacing human jobs, Goldman says. These are the short- and long-term winners of the boom

Goldman’s vice president of U.S. equity strategy, Ryan Hammond, believes an A.I.-enabled productivity and cost-cutting boom will boost corporate earnings for years to come.

Fortune

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Is Apple the Best Buyer for ESPN?

It's been almost a week since Wedbush analyst Dan Ives suggested Apple buy ESPN. There’s been plenty of talk on the subject. The question is whether Apple is the right buyer for the cable sports network.

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Alphabet Stock Holds Up and Attracts Value Investors and Short-Put Traders

Alphabet stock has dropped just 1.83% in the August sell-off and GOOG stock is now rising. Along with its massive free cash flow, this makes it attractive to value investors and short-put traders.

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YouTube's 'NFL Sunday Ticket' ... And the Desperate Drive to Convert Around 6 Million Subscribers

Breaking even on the $2 billion rights package will be one long third-down conversion, so YouTube comes out of the tunnel with some aggressive promotional play calling

Broadcasting & Cable

Google’s A.I. is about to breach a new frontier: Life advice, from a chatbot

In the arms race to create hyper-specialized A.I. tools, there’s profit to be made replicating human relationships.

Fortune

‘Driverless cars are the hardest problem you could want to solve’ – Oxa’s Gavin Jackson

The head of the UK tech startup is as passionate about self-driving ‘autonomy’ as Elon Musk – but thinks it could be 20 years away

The Guardian - UK

Should You Buy the Dip in Apple Stock?

Apple stock has run up quite a bit in 2023, even after accounting for the stock's post-earnings sell-off. Is it time to buy the shares at current levels, or is there more weakness ahead in the short term?

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What Will Alphabet do with its Cash Surplus?

After cutting thousands of jobs and reducing some operating costs, Alphabet (GOOGL ) generated nearly $29 billion of cash in the second quarter. That left the company with cash and short-term marketable securities of about $118 billion, more than any other company in the Nasdaq 100 Stock Index ($IUXX )...

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Cathie Wood vs. Alphabet: Who's Right About Robinhood Stock?

While maverick investor Cathie Wood is loading up on Robinhood stock, tech titan Alphabet has cut its stake substantially. As HOOD struggles to find footing after its second-quarter results, should you buy or sell shares of the discount brokerage?

The Guardian - US

Canada publishers urge Ottawa to stop Meta from blocking users’ news access

Dust-up began after law passed requiring social media companies to compensate news publishers for posting their content

Barchart

The Best FAANG Stock to Buy After Earnings

Now that mega-cap tech companies have reported their latest quarterly results, which stock stands out as the top pick for investors - Meta, Amazon, Apple, Netflix, or Alphabet?

Zenger

Nikola’s Abrupt CEO Transition, Carl Icahn Led Icahn Enterprises Cuts Dividend Payout, FDA Rejects Mesoblast’s Cell Therapy For Kids: Today’s Top Stories

Wall Street Journal UAW Demands Significant Wage Increases For Factory Workers At GM, Ford, And Stellantis

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The Independent UK

RFK Jr sues ‘state actors’ YouTube and Google for alleged censorship of his anti-vaxx interviews

Democratic presidential candidate claims the tech firms are working at the direction of Joe Biden

Fortune

There's less and less financial incentive to be CEO as other C-suite roles earn more and more money

While average CEO pay has skyrocketed over the past several years, the pay of other C-suite executives like CFOs, CHROs and general counsels has increased even more.

Fortune

Companies are coming up short when it comes to CFO succession

Several major companies have announced CFO transitions or departures, but still need to find a permanent successor.

Fortune

Australians are taking firms to court to stop office mandates

A union for banking professionals asked Australia's labor tribunal to help stop an office mandate from the Commonwealth Bank of Australia.

Fortune

Fortune’s Global 500 is proof that even the biggest companies can be dethroned

Technological upheaval is a constant threat to corporate giants like No. 1 Walmart, No. 2 Saudi Aramco, and Google parent Alphabet.

The Times of India

Amazon, Google wooed by India for $750 million cricket rights: Report

India’s cricket governing body is trying to lure global giants Amazon.com Inc. and Alphabet Inc. to bid in a media rights auction of its team’s games amid waning interest from firms who had recently competed fiercely for the wildly successful Indian Premier League.

Zenger

AI Dominates Earnings Calls As Google Leads The Pack

Alphabet mentions AI 62 times, Intel and Microsoft tie for second with 58 mentions

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