Alphabet Inc. is a multinational technology company that is best known for its role as the parent company of Google and various other subsidiary ventures. It specializes in a wide array of internet-based products and services, including search engine technology, online advertising, cloud computing, software development, and consumer electronics. Beyond Google's flagship search engine, Alphabet encompasses platforms like YouTube, Android, and Google Cloud, while also investing in innovative fields such as artificial intelligence, healthcare, and autonomous vehicles. The company's mission is to organize the world’s information and make it universally accessible and useful, driving advancements in technology and improving user experiences across its diverse offerings. Read More
Boone sees upgrade potential in Alphabet due to AI-driven growth and commercialization, raising revenue forecast to $79.9B and EPS to $2.16.Boone upgrades Alphabet (GOOGL/GOOG) to Market Outperform with a $220 price forecast. AI-driven growth and commercialization lead to revenue and EPS upgrades.
Meta explored acquiring AI startup PlayAI. Terms undisclosed. Zuckerberg prioritizes AI for 2025. Also invested in Scale AI. Plans to compete with tech rivals.
The Trump administration plans executive actions to boost energy infrastructure, addressing AI-driven power demand. Efforts include grid upgrades, federal land use, and a national AI strategy.
The EU chief’s comments come on the heels of Facebook-parent Meta being fined €200 million after the European Commission ruled that the company’s ‘Consent or Pay’ model was in violation of its rules.
ALPHABET (GOOGL) is a strong GARP stock with solid growth, high profitability, and a reasonable valuation, making it a standout for long-term investors.
SoftBank CEO Masayoshi Son aims to position the company as a leading platform provider in the artificial super intelligence sector within the next decade, with major investments in companies like Ampere and OpenAI.
OpenAI engineers Lucas Beyer, Alexander Kolesnikov and Xiaohua Zhai have dismissed rumors that they each received a $100 million signing bonus to join Meta Platforms Inc. (NASDAQ: META).
