|Day's range||9.30 - 10.00|
AI investments may be hot, but the VC space overall remains noticeably cool, recent Crunchbase data shows.
Investors who stuck with growth names during last year's sell-off have been rewarded during 2023's rally.
Tech companies remain secretive over the amount of energy and water it takes to train their complex programs and models
Shares of search and cloud giant Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) rose 14.5% in May, according to data from S&P Global Market Intelligence. The Google parent unveiled many new technologies during its I/O conference early in the month. Alphabet had been a relative laggard during the first quarter compared with some of its big-tech brethren, as investors feared that generative AI could disrupt the conglomerate's core search business.
Twilio (TWLO) strengthens its partnership with Google Cloud to bring generative AI into its customer engagement product base, which includes Flex, and improve customer experiences and satisfactions.
Key Insights Alphabet's estimated fair value is US$160 based on 2 Stage Free Cash Flow to Equity Current share price of...
Did you know that Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), the parent company of Google, is already the third-largest American company? Not bad for a company that debuted on the stock market less than 20 years ago.
After overcoming an initial stumble over its artificial intelligence (AI) launch earlier this year, Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) stock has put up impressive results through 2023. There's new competition in search from ChatGPT and Bing, which is now powered by ChatGPT technology, and while Bard AI may have won over critics, it could be hard for the company to pivot to an AI-first search model and still preserve its advertising business. There are also signs that the digital advertising market, which is the source of nearly all of Alphabet's revenue, may be maturing.
Microsoft (NASDAQ: MSFT), the company that invested billions into ChatGPT's owner, OpenAI, is no exception. Year to date, Microsoft's shares are up around 40% and the Redmond, Washington-based tech giant is now at a $2.5 trillion valuation and right around its all-time highs. Has the stock become too expensive, or is Microsoft still a good buy right now?
Alphabet's Google and Microsoft are inserting ads into AI experiments without providing an option to opt out of participation, an approach that has already rankled some brands and risks further pushback from the industry, ad buyers told Reuters. The two tech giants are racing to revamp their search engines with artificial intelligence that can produce written responses to open-ended queries. Microsoft is testing ads in the Bing AI chatbot, which began rolling out to users in February, by relocating some traditional search ads and inserting them into the AI responses, the company said.
From Google Glass to Magic Leap to Meta's Oculus division, tens of billions of dollars have gone into building computing goggles, with minimal returns to show for it. After Facebook changed its name to Meta (NASDAQ: META) in 2021 and said it was investing at least $10 billion a year into building AR and VR products, industry hype went into overdrive and the term "metaverse" became a household name. Apple revealed its Vision Pro augmented reality device to the world this week, which looks like sleek skiing or snorkeling goggles.
Though the S&P 500 and Nasdaq Composite have bounced more than 20% off of their intra-day lows in 2022, numerous internal indicators suggest Wall Street isn't as healthy as it appears.
Google has threatened to clamp down on staff who fail to come to the office, warning attendance will be included as part of their performance reviews.
(Bloomberg) -- New Yorkers are pulling out their masks again.Most Read from BloombergMystery Bet Before SEC Crypto Crackdown May Mint Trader MillionsBonds Everywhere Suffer as Rate-Hike Fears Swamp TradersRussian Elite Is Souring on Putin’s Chances of Winning His WarThese Are the World’s 20 Most Expensive Cities for Expats in 2023Messi Spurns $400 Million Saudi Offer to Join Beckham’s MiamiIn a city where emergencies rarely affect the steady flow of commerce, the metropolis came to a near stands
Microsoft (NASDAQ: MSFT) is investing in a cloud service provider, and Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) is investing in a video generative AI start-up. Check out the short video to learn what semiconductor investors Jose Najarro and Billy Duberstein had to say.
OTTAWA (Reuters) -Alphabet's Google and Meta Platforms are using "bullying tactics" against a Canadian push aimed at ensuring financial support for news publishers, Prime Minister Justin Trudeau said on Wednesday. The proposed legislation is designed to compel internet giants like Google and Meta's Facebook to negotiate commercial deals and pay publishers for their content. The U.S. technology companies say proposals in the bill, dubbed the "Online News Act," are unsustainable for their businesses.
Booking Holdings' (BKNG) Priceline gears up to introduce a travel assistant chatbot backed by Google Cloud's generative AI technology.
The enterprise software and PC specialist has started off 2023 with a bang. Could this be just the beginning?
Investors should put money into the market on a regular basis, and now is a good time to buy these growth stocks.
Calculating the actual environmental impact of flights has been an immature art. Getting real data from Lufthansa should advance the effort.
(Bloomberg) -- Google’s cloud-computing unit will begin offering consulting services to help clients use generative artificial intelligence as businesses across industries seek to capitalize on the wave of interest in the new technology.Most Read from BloombergRussian Elite Is Souring on Putin’s Chances of Winning His WarBonds Everywhere Suffer as Rate-Hike Fears Swamp TradersMystery Bet Before SEC Crypto Crackdown May Mint Trader MillionsRay Dalio Says US at Beginning of ‘Late, Big-Cycle Debt C
Among Meta Platforms (formerly Facebook), Apple, Amazon, Netflix, and Alphabet (formerly Google), there's one historically cheap industry leader begging to be bought and another outperformer that's priced for perfection.
(Bloomberg) -- Google is adding more Indian languages to its services and seeking ways to make its Android smartphones cheaper, eager to win more users in the world’s most populous country.Most Read from BloombergRussian Elite Is Souring on Putin’s Chances of Winning His WarBonds Everywhere Suffer as Rate-Hike Fears Swamp TradersMystery Bet Before SEC Crypto Crackdown May Mint Trader MillionsRay Dalio Says US at Beginning of ‘Late, Big-Cycle Debt Crisis’Why Lionel Messi Chose Miami Over RiyadhTh
Alphabet Inc. (GOOG) closed at $127.87 in the latest trading session, marking a +0.98% move from the prior day.
Alphabet (GOOGL) closed the most recent trading day at $127.31, moving +1.03% from the previous trading session.