GOOGL Jun 2024 2450.000 call
| Previous close | 439.72 |
| Open | 439.72 |
| Bid | 0.00 |
| Ask | 0.00 |
| Strike | 2,450.00 |
| Expiry date | 2024-06-21 |
| Day's range | 439.72 - 439.72 |
| Contract range | N/A |
| Volume | |
| Open interest | 4 |
Yahoo FinanceHow Big Tech is paying for its AI bets: Morning Brief
Big Tech companies have ramped up spending to compete on AI. They're compensating shareholders for the effort, too.
- Yahoo Finance Video
Focus on stocks with 'strong demand drivers,' not the wider market
47% of S&P 500 (^GSPC) companies have reported their results so far with nearly four in five beating Wall Street expectations, according to FactSet. Against this backdrop, Advisors Capital Management Partner and Portfolio Manager JoAnne Feeney joins Wealth! to discuss how investors should navigate the market. Feeney notes that earnings results from Big Tech names like Alphabet (GOOG, GOOGL) and Meta (META) have enabled the markets to sustain their upward momentum despite a Federal Reserve rate cut not yet materializing. Many of these companies are "on track to grow" on the back of the ongoing artificial intelligence boom, she adds. Feeney acknowledges that "there's a lot of mixed information coming out of the markets," emphasizing the importance of investing in individual stocks instead of taking a broad approach. Although the Fed hasn't cut rates, she describes it as a "good news story" because the economy remains strong, and earnings continue to grow. "What you have to do is not look at the market as a whole, but look at individual companies with strong demand drivers that are in the right place in the market for how the world is changing," Feeney tells Yahoo Finance. For more expert insight and the latest market action, click here to watch this full episode of Wealth. Editor's note: This article was written by Angel Smith
BenzingaGoogle Announces Layoffs Across Key Teams As It Gears Up For I/O Developer Conference
Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, ahead of its annual I/O developer conference in May, has confirmed layoffs across various vital teams such as Flutter, Dart, Python, and others, according to employee reports on social media. The tech giant did not specify the teams, roles, or the number of individuals affected, TechCrunch reports. Google spokesperson Alex García-Kummert explained that these changes aim to align resources with the company’s most significant product priorities, im
