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The Latest Breaking News from Alphabet

What next for the AI revolution? Inside Google DeepMind, the world’s biggest AI company

Everyone laughed politely when I asked whether AI might, in the end, kill us all — everyone apart from one researcher from a US-based thinktank who told me that, as a pessimist, he believes there is about a “20 per cent chance that AI poses an existential threat to life.”

Evening Standard · Jan 12, 2024

Google Awaits EU Legal Opinion On 2.4-bn-euro Fine

The Advocate General of the European Court of Justice will on Thursday publish a long-awaited opinion on a contested 2.4-billion-euro ($2.6-billion) fine that Brussels slapped on Google for anti-competitive practices.

International Business Times · Jan 11, 2024

The European bureaucrat who sends a chill through Big Tech just said she's looking closely at Microsoft's relationship with OpenAI. It could be a very big deal

Margrethe Vestager, the European Commission’s top antitrust official, has a history of investigating Microsoft, Google, and their Big Tech peers.

Fortune · Jan 9, 2024

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Google's AI Patent Trial Sparks Multibillion-Dollar Battle in the US

Google finds itself embroiled in a high-stakes patent trial over its AI technology, with billions of dollars at stake. Will they emerge victorious?

What Are the Magnificent 7 Stocks?

The Magnificent 7 stocks were market leaders in 2023 and have been long-time outperformers. Here's a closer look at the group of mega-cap stocks.

Kiplinger · Jan 7, 2024

Who were the best CEOs of 2023?

Huang, Nadella and Alphabet's Sundar Pichai embraced AI and helped deliver huge returns for investors.

Fortune · Jan 5, 2024

AI Threatens To Turn The Service Economy Into A Winner-Take-All Game

The rapid deployment of Artificial Intelligence (AI) applications, computer systems that mimic human intelligence, could turn the service economy into a winner-take-everything game.

International Business Times · Jan 3, 2024

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Alphabet (GOOGL) 2024 Stock Analysis: What Should Investors Expect?

With significant momentum in its business and a focus on making AI more helpful, what should investors expect from Alphabet Inc. (GOOGL) in 2024? Let’s look at its financial metrics to gauge its prospects….

StockNews.com · Dec 29, 2023

Wall Street concludes 2023 with robust gains and record highs

Wall Street wraps up a year of remarkable gains as stocks hover near all-time highs. Tech giants fuel market growth, while investors anticipate Fed rate cuts.

Google Settles Billion Privacy Lawsuit, Breathing Sigh of Relief!

Google reaches a groundbreaking settlement of billion in a consumer privacy lawsuit, shaking up the tech world and raising questions about data protecti...

Why The Magnificent Seven Rally Could Last For Many More Years

Though past performance isn't a guarantee for future performance, as the usual Wall Street disclaimer goes, there is a good reason to believe that the Magnificent Seven will continue to outperform the market for many more years.

International Business Times · Dec 27, 2023

Apple, Tesla and Nvidia were among 2023's 'magnificent seven' stocks – here's what to expect from them all in 2024

In the 1960 western The Magnificent Seven, a group of seven gunfighters protect a village from bandits. Only three survive to ride out of town at the end of the movie. The odds look much better for the seven tech companies recently dubbed the magnificent seven after dominating US stock…

The Conversation · Dec 22, 2023

These Are the Best and Worst FAANG Stocks for 2024, According to Wall Street

As we head into 2024, Wall Street analysts are the most bullish on Amazon in the FAANG space, while the consensus expects Netflix shares to decline over the next year. Here's a closer look at what experts are forecasting for FAANG names next year.

Barchart · Dec 22, 2023

YouTube to MVPDs: Thanks for the Lift

Pay TV integrations have helped the powerful video service thrive in the living room

Multichannel News · Dec 22, 2023

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Barchart · Dec 21, 2023

If I Could Only Buy 1 Stock in 2024, This Would Be It

Alphabet’s dominance in the technology space, focus on innovation, and aggressive investment in various emerging technologies like AI position it well for long-term success.

Barchart · Dec 20, 2023

GOOGL Stock Has Large Unusual Options Activity Today

Alphabet (GOOGL) stock is showing large unusual put option activity today based on a Barchart report. The puts are set to expire after Friday so it's probably due to short-term trading activity.

Fortune · Dec 20, 2023

Finance leaders at OpenAI, Bumble, and Alphabet’s Wing on how they got doors to open throughout their careers

“To be an effective CFO, you have to be a lifelong learner," Shannon Nash, CFO at Wing said.

Kiplinger · Dec 19, 2023

Stock Market Today: Energy Stocks Pop as Geopolitical Risks Rise

U.S. crude futures climb as Tehran-backed Houthi rebels from Yemen continue to attack shipping vessels in the Red Sea.

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International Business Times · Dec 19, 2023

Google To Pay $700 Mn To US Consumers, States In Antitrust Settlement

Google parent Alphabet has agreed to pay $700 million as part of an antitrust settlement made public on Monday, with the funds going to US customers of its Android app store and state governments.

Fortune · Dec 16, 2023

Silicon Valley doesn’t care about Big Tech’s AI conflicts of interest

Generative AI technology is blurring the lines between businesses and bringing fresh scrutiny to the boardroom roles of heavy-hitters like Reid Hoffman and Marc Andreessen.

Alphabet Unveils Cost Cut for Top AI Model, Gemini

Unlock new horizons of innovation! Alphabet ups the AI game with cost-efficient Gemini model, paving the way for a smarter, more affordable technology era.

WEKU · Dec 13, 2023

Wall Street calls them 'the Magnificent 7': They're the reason why stocks are surging

The S&P 500 has surged this year, but most of those gains are thanks to a handful companies nicknamed "The Magnificent Seven." And that's worrying Wall Street.

Barchart · Dec 12, 2023

Apple, Microsoft, or Tesla: Which Will Be the First $5 Trillion Company?

While Apple is currently the biggest publicly traded company, with a market cap of $3 trillion, Microsoft is also in the race to become the first $5 trillion company.

Barchart · Dec 11, 2023

Can Megacap Tech Stocks Parlay the AI Craze into Higher Profits?

Seven megacap technology stocks in the S&P 500 ($SPX ) (SPY ) have driven about three-quarters of the S&P’s gain this year in a rally sparked in part by investor obsession with artificial intelligence (AI). These companies, including Microsoft (MSFT ), Nvidia (NVDA ), Alphabet (GOOGL ), Apple (AAPL ),...

Barchart · Dec 11, 2023

Stocks Push Higher on Strength in Chip Stocks

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.07%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.19%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.43%. Stocks this morning are modestly higher, with the Dow...

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