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Google Follows Apple's Lead, Set To Begin Making Smartphones In This Asian Country
Thursday, February 22, 2024 - 2:07am | 468This story was first published in the Benzinga India portal. Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) subsidiary Google is poised to begin manufacturing its Pixel smartphones in India as soon as the next quarter, according to a report by Nikkei. This move signifies a strategic...
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Cathie Wood's Ark Sells Coinbase Shares Amid Bitcoin Rally Despite Surprise Quarterly Profit — Nvidia, Alphabet Stocks Also Shed
Friday, February 16, 2024 - 1:06am | 916In a notable move on Thursday, Cathie Wood-led Ark Invest adjusted its portfolio by selling shares of Coinbase Global Inc (NASDAQ:COIN) following the company’s announcement of its fourth-quarter results, which revealed a surprise profit. The Coinbase Trade The firm sold a total of 162,762...
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Google Commits $27M To Boost AI Skills In Europe
Monday, February 12, 2024 - 5:06am | 670In a bid to enhance artificial intelligence (AI) skills in Europe, Alphabet Inc.‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google has pledged a substantial sum. The initiative is aimed at addressing potential inequalities in the AI sector. What Happened: Google has committed to investing 25 million...
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Eyewitness Describes 'Wild' Experience As Crowd Vandalizes And Sets Google's Waymo Self-Driving Car On Fire In San Francisco: 'No One Stood Up'
Sunday, February 11, 2024 - 9:31pm | 761A crowd in San Francisco vandalized and set fire to a Waymo self-driving car on Saturday. This incident marks the most severe attack on autonomous vehicles in the U.S. to date. What Happened: The incident occurred in San Francisco’s Chinatown district on Saturday night, reported Reuters. The...
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Top Strategist Shrugs Off 'Magnificent 7' Concentration Risks: 'Stock Market Has Held Up Just Fine...When Mega-Cap Stocks Started To Wane'
Wednesday, February 7, 2024 - 10:45pm | 884Investors should not be overly concerned about the significant concentration of mega-cap tech stocks, according to a top strategist. What Happened: Brian Belski, the chief investment strategist at BMO Capital Markets, believes that the current market risk due to the dominance of mega-cap tech...
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Alphabet Is Reportedly Eyeing External Funding For GFiber Internet Expansion
Tuesday, February 6, 2024 - 4:09am | 683In a recent development, Alphabet Inc (NASDAQ:GOOGL) (NASDAQ:GOOG) is reportedly seeking external investment for its GFiber internet business. What Happened: Alphabet aims to accelerate the growth of GFiber, a provider of Wi-Fi and internet services in certain U.S. regions. GFiber, a subsidiary of...
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AI Dream Turns Nightmarish: $190B Wiped Out After After Microsoft, Alphabet, AMD Earnings
Wednesday, January 31, 2024 - 9:20am | 644Following the quarterly earnings reports of Microsoft Corp. (NASDAQ:MSFT), Alphabet Inc. (NASDAQ:GOOGL), and Advanced Micro Devices Inc. (NASDAQ:AMD), the stock market value of AI-related companies plummeted by a staggering $190 billion. What Happened: The stock market value of AI-related companies...
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EXCLUSIVE: Inverse Cramer ETF Shuts Down — How The Magnificent 7 Stocks Factor In And 'A Broken Clock Is Right Twice A Day'
Thursday, January 25, 2024 - 7:08pm | 970An ETF that generated headlines in October 2022 is shutting down. The ETF gave investors a way to bet against investor and television personality Jim Cramer. Here are the details and why the decision to shut the fund was made. What Happened: First announced in October 2022, Tuttle Capital launched...
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Google's Mysterious Layoff Reportedly Claims Over 1,000 Employees Overnight – What's Happening Behind Closed Doors?
Friday, January 12, 2024 - 5:12am | 465In a major layoff round, Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google has reportedly let go of over 1,000 staff members, marking the largest layoff since January 2023. The layoffs have expanded to non-hardware teams like Assistant as well as core engineering departments, among others....
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Google Layoffs: Hundreds Let Go From Hardware And Voice Assistant Divisions Amid Rising Competition From Microsoft, OpenAI
Thursday, January 11, 2024 - 2:58am | 872The technology titan, Alphabet Inc.’s Google (NASDAQ:GOOGL) (NASDAQ:GOOG), is making headlines with its decision to lay off hundreds of employees from its hardware and digital assistant teams. This move is part of a broad cost-cutting initiative within the company. What Happened:...
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Is The Market's Poor Start To 2024 A Sign Of Things To Come For Rest Of The Year? Here's What History Says
Thursday, January 4, 2024 - 4:15pm | 456The Nasdaq Composite closed down more than 1% on the two first trading days of 2024 for the first time since 2005, according to Bespoke Investment Group. Many of 2023’s leaders, including the "Magnificent Seven" mega-cap tech stocks — Alphabet (Google), Amazon, Apple,...
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Google Agrees To $5B Settlement In Consumer Privacy Lawsuit Over Alleged Clandestine Tracking
Friday, December 29, 2023 - 2:39am | 495Internet giant Alphabet Inc’s Google (NASDAQ:GOOG) (NASDAQ:GOOGL) has achieved a preliminary settlement in a legal action that accused the company of clandestinely tracking the online activity of millions of users who believed they were surfing the internet privately. What Happened: U.S....
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Amazon And Alphabet 'Top Picks' For 2024: JPMorgan Bets On Continued Mega-Cap Tech Rally
Wednesday, December 13, 2023 - 11:04pm | 668The future of Internet stocks seems bright, with industry behemoths Amazon Inc. (NASDAQ:AMZN) and Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) tipped to be the top performers in 2024, as per a recent forecast by JPMorgan. What Happened: JPMorgan identified Amazon and Alphabet as the probable front-...
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Federal Jury Rules Against Google's Android App Store In Epic Games Lawsuit
Monday, December 11, 2023 - 9:10pm | 710Alphabet Inc (NASDAQ:GOOGL) (NASDAQ:GOOG) received a legal setback on Monday after its search engine arm Google’s Android app store was ruled to have unfairly taken advantage of antitrust barriers, leading to detrimental effects on both consumers and software developers, according to a...
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Google, Meta Poach The Most Talent From Other Tech Companies: 1 In 4 Of Their Employees Come From Other Tech Giants
Thursday, November 30, 2023 - 8:46am | 726Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google and Meta Platforms Inc. (NASDAQ:META) poach the most talent from other big tech companies, accounting for one out of every four employees at these two companies. What Happened: A new survey has shed light on just how intensely Google and Meta...