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The Latest Breaking News from Alphabet

AI Boom Reshapes Wall Street As TSMC Joins Trillion-dollar Club

The top ten of the world's most valuable companies is headed by Microsoft and Apple, closely followed by AI chip designer Nvidia.

Latin Times

AI Boom Reshapes Wall Street As TSMC Joins Trillion-dollar Club

The entry of Taiwanese chip giant TSMC into the elite club of the world's most valuable companies is further proof that the generative AI revolution is shaking up Wall Street.

International Business Times

Nvidia will win the race to a $4 trillion market cap—but the long-term big tech battle might be different, experts say

“I think, a year from now, we [will] have three $4 trillion market cap companies: Nvidia, Apple, Microsoft,” Wedbush tech analyst Dan Ives told Fortune.

Fortune

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China beat the U.S. in generative AI patents by 6-to-1 for the past ten years — almost 10,000 Chinese patents filed last year alone

China has more patents than the six top nations in generative AI research.

Tom’s Hardware

The Top-Performing Actively Managed Funds of the Last Decade

These are the actively managed funds that have performed best over the last decade.

Kiplinger

Walmart had a new headache with its drone deliveries: gun owners shooting them out of the air

A Florida man shot a DroneUp vehicle owned by the box-big retailer last week as it flew above his home, according to the Lake County Sheriff's Office.

Fortune

Google’s biotech company pulls out of Israel but says Gaza war not the reason

Exclusive: Verily says it is refocusing on core products and cutting costs three years after opening research centers in Haifa and Tel Aviv

The Guardian - US

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Anyone Can Hail A Waymo Robotaxi In San Francisco Now

The Alphabet-owned autonomous taxi service ditched its waitlist and is letting anyone who has the app take a ride.

InsideEVs

Alphabet Stock: Is GOOG Outperforming the Communication Services Sector?

Alphabet's shares have consistently outperformed the broader communication services sector, and Wall Street analysts remain highly optimistic about its prospects.

Barchart

Amazon joins Google parent Alphabet with $2 trillion market cap

Google parent firm Alphabet hit a $2 trillion market cap earlier this year.

Fortune

Apple's policy changes aren't good enough for the EU — iOS might get closer to Android

Apple already made iOS more like Android to comply with the DMA, but the European Commission wants more.

Android Central

Musk Names Dell, Super Micro As xAI Supercomputer Suppliers, Making Company Stocks Soar

Elon Musk's AI startup, xAI, partnered with Dell and Super Micro to build a supercomputer for its AI chatbot, Grok.

International Business Times UK

NVIDIA Closes Above $135, Becomes World’s Most Valuable Company

Thanks to the success of the burgeoning market for AI accelerators, NVIDIA has been on a tear this year. And the only place that’s even more apparent than the company’s rapidly growing revenues is in the company’s stock price and market capitalization. After breaking into the top 5 most valuable…

AnandTech

Tegna: Michael Steib to Succeed Dave Lougee as CEO

Artsy CEO has also worked for NBCU and Google

TV Tech

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Al Jazeera

Why Microsoft, OpenAI and Nvidia are facing antimonopoly probes

US Justice Department and Federal Trade Commission are seeking to root out anticompetitive practices in field of AI.

Fortune

Bank of America says Broadcom could be the next trillion-dollar company—but rival Nvidia would still be 3 times larger

While Nvidia stands as the undisputed winner of the AI chip wars, it soon could have a rival.

Fortune

Nvidia stock forecast: After rising more than 200% in a year the chipmaker could be fabulously profitable, an AI leader—and an extremely poor investment

As one skeptic notes, margins the size of Nvidia’s don’t last long: “That’s analyst training 101.”

Fortune

Larry Ellison's fortune grows $14 billion overnight, making him the seventh-richest person on earth

As Oracle shares hit record highs after it reveals “largest contracts in our history.”

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news in one place.

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Kiplinger

Oracle Stock Soars on OpenAI, Google Deals, Strong Outlook

Oracle stock is trading higher as the software firm's new AI deals and upbeat outlook offset an earnings miss. Here's what you need to know.

Fortune

Should a CFO switch industries? For these Fortune 500 finance chiefs, a new sector provided a career boost

Most CFOs have more options than they think, according to an expert.

Barchart

Is Meta Stock Underperforming the Nasdaq?

Despite recently underperforming the Nasdaq Composite, analysts are optimistic about Meta’s prospects due to its advances in AI.

Fortune

Alphabet’s next CFO Anat Ashkenazi ‘fills a void’ for the company at key time during AI Revolution, says top analyst

Ashkenazi is a 23-year veteran of Eli Lilly and Company.

Barchart

Which is the Cheapest ‘Magnificent 7’ Stock to Buy in 2024?

While we don't often use 'cheap' and 'Magnificent 7 stocks' in the same sentence, Amazon looks like a relatively cheap bet in the current markets.

Fortune

Google and Alphabet’s new CFO is Eli Lilly’s Anat Ashkenazi

Ashkenazi will have the task of investing in the company’s next wave of growth in the AI era.

International Business Times UK

George Soros's Fund Sells Uber, Novo Nordisk in Q1 to Focus on AI, Construction, and Apparel Stocks

Soros Fund Management made several changes to its portfolio in Q1, increasing stakes in Alphabet, Nike, and D.R. Horton.

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