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GOOGL News and Press, Alphabet Inc. From 06/21/24

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Company Name: Alphabet Inc.
Stock Symbol: GOOGL
Market: NASDAQ
Website: abc.xyz

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GOOGL - Nvidia Stock: Investing In The Biggest Market Mover Comes With Risks

2024-06-21 12:07:05 ET Summary Nvidia Corporation's strong demand drove significant revenue growth and raised expectations for continuous high growth, but I believe the current stock price is largely driven by sentiment and momentum. Despite Nvidia's 423% YoY growth in Data Center...

GOOGL - Global Survey Finds Audiences Suspicious of Newsrooms Using AI

A recently published report has highlighted concerns on the increased use of artificial intelligence in misinformation and the production of news. The report was published by the Reuters Institute for the Study of Journalism and provides a picture of the challenges newsrooms are already facin...

GOOGL - 7 Charts That Show How Extreme Nvidia's Valuation Has Become

2024-06-21 09:41:12 ET Summary Nvidia Corporation's market capitalization reached $3.45T on Thursday, making it the most expensive stock in the world thanks to eye-watering valuation multiples. Nvidia's market cap now exceeds the FTSE 100, the CAC 40, and the Hang Seng, despite it...

GOOGL - Amazon plans to upgrade Alexa with gen-AI, add $5 monthly fee: report

2024-06-21 09:17:41 ET More on Amazon Amazon: Why I'm Bullish But Uncomfortable Buying Now Amazon Remains Undervalued Despite Strong Growth Prospects Amazon: Excellence Across All Business Lines Amazon-backed Anthropic releases newest Claude AI model ...

GOOGL - Rubrik to benefit the most from CDK Global cyberattack: Cantor Fitzgerald

2024-06-21 08:33:22 ET More on Rubrik Rubrik: Cybersecurity IPO That Hasn't Overheated Rubrik: A Strong IPO In A Tough Market Rubrik: Latest Cybersecurity IPO - Initiating Coverage, Buy Rating SA Asks: What is the No. 1 cybersecurity threat facing companies t...

GOOGL - Google: APAC Retail Weakness May Flow Through In Q3 FY24 Financials

2024-06-21 08:32:25 ET Summary Search advertising revenues makes up the bulk of Alphabet's top-line. As I had anticipated last year, growth has been strong. This is driven by strength in APAC Retail. But now, I see a slowdown in APAC Consumer Sentiment and weaker than expected Ret...

GOOGL - 6 Reasons Tesla's $9 Trillion Robotaxi Dreams Will Likely Fail

2024-06-21 07:00:00 ET Summary Fund manager Cathie Wood made headlines with her $2,600 5-year price target for Tesla, Inc., with a best-case scenario of $3,200, 17X upside by 2029. Her thesis is that 90% of Tesla's value will come from licensing its self-driving tech, thus capturi...

GOOGL - SP500: Why The Next Decade Might Underwhelm Investors

2024-06-21 04:44:10 ET Summary The S&P 500 index is currently overvalued, with its P/E and CAPE ratios significantly above historical averages, suggesting limited future returns and heightened risk. There are increasing signs of economic weakness, including rising unemployment...

GOOGL - Google: More Than 100% Growth Potential By 2029, Regression Analysis

2024-06-20 15:48:39 ET Summary GOOG has more than 100% growth potential by 2029 based on regression analysis. Alphabet Inc. stock has outperformed the S&P 500 by 9% in the last three years, with a 41% increase. I have a bullish outlook on GOOG due to innovations, diversifi...

GOOGL - Alibaba: China Remains Uninvestable

2024-06-20 14:00:00 ET Summary Alibaba is facing challenges due to deteriorating Sino-American relations and the CCP's control over the Chinese private sector. Alibaba is also losing ground to domestic competitors in the eCommerce market. Despite being undervalued, Alibaba is ...

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