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The Latest Breaking News from Alphabet

‘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?

Barchart

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 )...

Barchart

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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?

Barchart

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

The Guardian - US

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?

Barchart

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

Zenger

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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

The Independent UK

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.

Fortune

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.

The Times of India

AI Dominates Earnings Calls As Google Leads The Pack

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

Zenger

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Zenger

Italian Authority Closes Google Probe, Focuses On Data Portability

Alphabet's Google escapes investigation as Italy commits to enhancing data portability.

Barchart

Alphabet Gushes Forth Record Free Cash Flow, Making GOOG Stock Cheap

Alphabet reported a massive gain in its free cash flow for Q2, up 73% YoY and even 26.5% higher than in Q1. This implies that GOOG stock is still too cheap despite a recent runup prior to the earnings.

Zenger

Trading Strategies For Alphabet Stock Before And After Q2 Earnings

Alphabet, Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) is set to print its second-quarter earnings after the market close on Tuesday

Fortune

New security flaw in A.I. chatbot spells big trouble for the A.I. boom

Open-source models are particularly vulnerable, while Anthropic's Claude 2 was the most secure

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news in one place.

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Fortune

Who won the A.I. buzzword contest this earnings season?

The language of Alphabet, Meta, and Microsoft executives says a lot about their priorities.

Fortune

Google U.K. boss says you can't trust its chatbot Bard for accurate info

Debbie Weinstein wants people to use the Google search engine in tandem with Bard to verify information.

The Independent UK

Stock market today: Asian shares advance after the Federal Reserve raises interest rates

Asian shares are mostly higher after the Federal Reserve raised interest rates to their highest level in more than two decades, as expected

Fortune

Alphabet's revenue growth finally outpaced spending

Google's parent company did something different in Q2, as revenue growth outpaced spending. With an AI arms race and an uncertain economy though, it's not clear if the company can do it again.

Barchart

Stocks Settle Mixed as Powell Signals a Skip in Rate Hikes is on the Table

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down -0.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.40%. Stocks on Wednesday settled mixed, with the Dow Jones...

Fortune

Alphabet is rolling generative A.I. into everything. Now it just has to figure out how to make money

As it races to catch competitors, Google still needs to tie generative A.I. into its primary source of revenue: advertising.

TechRadar

Record Google Cloud revenue sends Alphabet results to new high

Alphabet revenue is up despite severance-related costs, while Google Cloud reports its second profitable quarter.

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