If the US stock market is like a giant stone wall whose structural integrity depends entirely on the sturdiness of five tech megacaps, it didn’t act like it on Tuesday.
Browsing: Alphabet
Alphabet reported quarterly revenue that missed analysts’ estimates on waning search advertising growth, while new sales numbers on YouTube also disappointed Wall Street.
Companies in the Nasdaq 100 are headed into earnings season with momentum that approaches the unprecedented, their value up by more than $1-trillion since October.
Alphabet CEO Sundar Pichai has left no doubt about how important he thinks artificial intelligence will be to humanity.
Alphabet shares rose 1.2% in pre-market trading on Thursday, following a flurry of positive analyst commentary on the Google parent’s 2020 prospects.
If you want to know how Alphabet’s new CEO, Sundar Pichai, will run the company you don’t need to look very far – he’s essentially been doing it for several years already.
Google founders Larry Page and Sergey Brin are stepping down as leaders of parent company Alphabet, ending day-to-day involvement as regulators intensify scrutiny of an Internet industry the two men helped create.
After a year of tough headlines, the world’s biggest technology companies showed last week that they’re powering through, continuing to rake in cash and invest in future growth.
Google parent Alphabet is in talks for a potential acquisition of smartwatch maker Fitbit, a move that could bolster its hardware business while also increasing antitrust scrutiny.
Apple fights the world’s biggest tax case in a quiet courtroom this week, trying to rein in the European Union’s powerful antitrust chief ahead of a potential new crackdown on Internet giants.