Google may be forced to sell off some of its most prized businesses The European Commission may force Google to sell off some of its most prized businesses. Fortune · Jun 14, 2023
Alphabet Stock Is Powering Higher, But Is Still Cheap Based on Historical Metrics Alphabet stock is up over 5.69% in the last month and over 39% YTD. Nevertheless, it still looks cheap based on historical metrics. That makes shorting OTM puts attractive to income traders. Barchart · Jun 13, 2023
3 "Strong Buy" Mega-Cap Stocks to Add to Your Portfolio Wall Street analysts remain bullish on these three mega-cap stocks. Barchart · Jun 13, 2023
Layoffs and AI Are Changing Tech’s Once-Invincible Job Market A look at who’s unemployed, who should be worried and who’s more valuable than ever. Businessweek · Jun 13, 2023
With LPs like Michael Eisner, Alphabet’s Chairman and former Dreamworks President Chris DeFaria, a new $120M venture capital fund bets it already has a foot in the door Kyber Knight Capital is relying on deep ties to Fortune 500 execs to help it stand out. Fortune · Jun 12, 2023
Google's union speaks out against remote work crackdown: ‘Workers’ professionalism has been disregarded' Google employees represented by the Alphabet Workers Union are demanding "meaningful agency" in choosing how they work. Fortune · Jun 9, 2023
Waymo said that a small dog 'did not survive' after it was hit by a driverless car Alphabet-owned Waymo said that an initial review of the collision found that the autonomous driving system correctly identified the dog but “was not able to avoid contact.” Fortune · Jun 9, 2023
Nvidia: Down 10% From Last Week's High, is Now a Good Time to Buy? The AI frenzy has set tech stocks on a price spurt when the market faces recessionary risks. Is Nvidia’s $1 trillion valuation an AI bubble or here to stay? Barchart · Jun 7, 2023
4 tech giants accounted for more than 16% of Fortune 500 earnings—even in a down year Four big tech companies—Apple, Microsoft, Alphabet, and Meta Platforms—raked in $255.7 billion in profits in 2022, or 16.4% of the Fortune 500’s total earnings. Fortune · Jun 6, 2023
GV promotes 4 new general partners “There’s no way to hide behind the opaqueness of the private markets for a crypto fund with token holdings,” PitchBook’s Robert Le said. Fortune · Jun 5, 2023
Visualising Nvidia’s rise to the $1 trillion market value club Amid an AI boom, the US chipmaker has added more than $500bn in value since the start of 2023. Al Jazeera · Jun 1, 2023
One mom takes on YouTube over deadly social media blackout challenge After Wisconsin mom Annie McGrath's teenage son died in a YouTube blackout challenge, she's confronting shareholders at an annual meeting of its parent company. WEKU · Jun 1, 2023
CEOs got smaller raises. It would still take a typical worker two lifetimes to make their annual pay After ballooning for years, CEO pay growth is finally slowing The Independent UK · May 31, 2023
Just 5 stocks including Nvidia account for 96% of the S&P 500’s gains this year The S&P's comeback this year gets only two cheers. A few big stocks are overperforming, while the rest of the market reflects the reversal of a historic earnings blowout. Fortune · May 30, 2023
Barchart · May 30, 2023 Here’s a Couple of Reasons to Equal Weight the S&P 500 Investors need only compare the S&P 500 Index’s performance in 2023 with the S&P 500 Equal Weight Index to understand why it could all end badly in the second half.
PC Gamer · May 30, 2023 Nvidia briefly joined Apple, Amazon, Microsoft, and Alphabet in the $1 trillion club. But please don't forget us PC gamers, Jen-Hsun Nvidia today passed the $1 trillion mark in terms of market capitalisation before dropping back below the threshold at the close of the markets.
The Guardian - UK · May 30, 2023 Nvidia becomes first chipmaker valued at more than $1tn amid AI boom Shares in chip company soar amid hopes of rising demand from artificial intelligence applications
StockNews.com · May 29, 2023 Evaluating Microsoft (MSFT) and Alphabet (GOOGL) Amid the AI Boom With a wide range of applications across several end-use verticals, businesses and consumers are increasingly adopting and investing in AI. Therefore, industry leaders Microsoft (MSFT) and Alphabet (GOOGL) look primed to maintain their supremacy as the AI boom picks up steam, making them ideal investments now. Read more….
Bangkok Post · May 25, 2023 Press fights back Big Tech disruption Two years ago, the Australian parliament passed the News Media Bargaining Code, which forced Meta (Facebook) and Alphabet (Google) to compensate media outlets for news content shared on their platforms. The law has been a remarkable success, with Australian media outlets now receiving more than A$200 million (about 6.9 billion…
Fortune · May 23, 2023 OpenAI’s Sam Altman and Google’s Sundar Pichai are now begging governments to regulate the A.I. forces they’ve unleashed A.I. is “too important not to regulate well,” Pichai wrote, while Altman suggested that a body like the IAEA would soon be needed to oversee A.I.
Tribune News Service · May 23, 2023 Commentary: Laid off from Silicon Valley? Try public service The last few months have not been good for tech workers. Groupon laid off 500 employees, Spotify axed 600, Yahoo nixed 1,600, Paypal cut 2,000, Salesforce let go of 7,000, Microsoft fired 10,000, and Alphabet — Google’s parent company — parted ways with 12,000. Meta, the company behind Facebook, Instagram,…
Barchart · May 17, 2023 Large Unusual Put Options Activity in Alphabet Stocks Today - What We Can Learn A large increase in put options in Alphabet stock (GOOG, GOOGL) today. These trades can be analyzed to see if we can learn from them, as they are likely initiated by hedge funds.
Barchart · May 17, 2023 Cisco Systems a Laggard in Tech Stock Rally While most mega-cap technology stocks have posted impressive rallies this year, the performance of Cisco Systems (CSCO ) is an exception. With technology stocks such as Alphabet (GOOGL ) and Apple (AAPL ) soaring more than +30% this year, Cisco Systems is down -1.5%. While growth in other mega-cap tech...
Barchart · May 16, 2023 Artificial Intelligence Discussion a Factor in Stock Performance Top company executives are mentioning artificial intelligence (AI) this earnings season, which has become a factor in determining companies’ stock performance. According to transcripts analyzed by Bloomberg, there have been around 1,600 mentions of AI by U.S. and European companies in this season’s quarterly conference calls, a record number. Interest...
Fortune · May 13, 2023 Silicon Valley's latest casualty: summer internships Tech summer internships, famous for giving college students a taste of Silicon Valley life, are among the most sought after gigs. This year, there will be fewer of them.