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The Latest Breaking News from Alphabet

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

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.

Al Jazeera

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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.”

Fortune

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.

Kiplinger

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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.

Fortune

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.

Barchart

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.

Fortune

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.

Barchart

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.

Fortune

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.

International Business Times UK

Billionaire Daniel Loeb's Third Point Boosts AI Holdings in Q1, Re-buys Alphabet After Selling Entire Stake

Daniel Loeb's fund increased holdings in Amazon and Meta while trimming exposure to Microsoft in Q1. It also bought 3 million Alphabet shares and opened a new position in Marvell Technology.

International Business Times UK

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Barchart

3 'Wide Moat' Tech Stocks to Buy and Hold

In the fast-paced world of technology, these three top-notch ‘wide moat’ tech stocks, highly favored by analysts, could be solid long term investments to buy and hold.

Barchart

This Underperforming S&P 500 Stock Is One of Warren Buffett’s Biggest Mistakes

Kraft Heinz, whose biggest stockholder is Berkshire Hathaway, is among the worst-performing S&P 500 stocks. Buffett has admitted to a mistake in valuing the company - and the food giant still does not look a compelling buy, despite the perennial underperformance.

Fortune

New U.S. bill could hurt China's U.S. robo-taxi hopes—and Waymo

Rep. Elissa Slotkin has introduced a bill that would formalize a national-security probe into Chinese connected cars.

Fortune

Generative AI is in the crosshairs at Meta and Alphabet annual meetings as shareholders vote for detailed reports

Shareholders at Meta and AlphaBet will vote on proposals calling for detailed reports by the companies about how generative AI technology is being used to create and spread misinformation.

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Barchart

2 Standout AI Dividend Stocks to Buy and Hold Forever

As AI continues to revolutionize various industries, here are two solid dividend-paying AI stocks that investors can buy and hold forever.

Barchart

Which ‘Magnificent 7’ Stock Should Split Its Shares Next After Nvidia?

Earlier this month, Nvidia announced a 10-for-1 stock split. Meta Platforms and Microsoft are two other "Magnificent 7" stocks that look ripe for stock splits.

StockNews.com

AI Tech Stock May Performance Analysis: Alphabet (GOOGL) vs. Microsoft (MSFT)

The technology industry is thriving due to the rapid development of AI-offering technology companies’ endless opportunities for progress and growth. Amid this, let’s compare tech stocks Alphabet (GOOGL) and Microsoft (MSFT) to analyze their performance. Read on.

International Business Times

Tech Stocks Get Another Boost From Nvidia, As The Rest Of The Market Retreats On High Interest Rates — What Is Next?

Nvidia's impressive financial performance adds to the strong results from Microsoft, Alphabet, Amazon, and Meta. These results reinforce the belief that the rally in the "magnificent five" continues, contributing to another week of gains for the tech-heavy Nasdaq.

International Business Times

Nvidia's 10-For-1 Stock Split To Lower Share Price For Investors

Following the news, Nvidia shares rose by 4% in after-hours trading. The post-split shares will start trading on June 10.

International Business Times UK

Billionaire Ray Dalio's Bridgewater Associates Offloads Cisco, HP, and More to Double Stake in Nvidia, Boost 'Magnificent Seven' Holdings

Billionaire Ray Dalio's fund boosts tech holdings to 17% of the total portfolio in Q1 by investing heavily in Nvidia, Alphabet, Apple, Microsoft, Meta, and Amazon.

Barchart

PayPal Stock Is Underperforming: Would Starting a Dividend Help?

PayPal stock has underperformed badly over the last three years. Should the company start paying a dividend now, and would that help to reverse its underperformance?

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