Many in the market are looking to the two members of ‘the Magnificent 7’ who report quarterly results this week to help reverse the stock market’s recent weakness.The immediate catalyst for the stock market pullback appears to be renewed uncertainty about regulatory and trade policies following the November elections, particularly with respect to export restrictions on semiconductor players. That said, we are in a seasonally soft time of the year and should perhaps resist the temptation to read too much int ...

Alphabet’s (GOOGL) second-quarter 2024 results, scheduled to be released on Jul 23, are likely to reflect gains from its strengthening cloud service offerings.The company’s cloud services arm — Google Cloud — has become the key catalyst behind its business growth.Alphabet’s cloud offerings include Google Cloud Platform and Google Workspace, which have been continuously gaining momentum in the booming cloud computing market. Google’s growing investments in infrastructure, security, data management, analytics ...

Hands, tablet and doctor with body hologram, overlay and dna research for medical innovation on app. Medic man, nurse and mobile touchscreen for typing on anatomy study or 3d holographic ux in clinicDr. Scott Gottlieb is a physician and served as the 23rd Commissioner of the U.S. Food and Drug Administration. He is a CNBC contributor and is a member of the boards of Pfizer and several other startups in health and tech. He is also a partner at the venture capital firm New Enterprise Associates. Shani Benezra ...

The stock market is a place where investors can buy and sell shares of public companies. It reflects economic conditions and company performance, offering opportunities for wealth growth. However, the market can be volatile, with prices fluctuating based on various factors.Artificial intelligence is a rapidly evolving sector in the tech industry. AI companies develop technologies that mimic human intelligence, such as machine learning and natural language processing. This field has seen significant growth a ...

“When the facts change, I change my mind. What do you do, sir?” ~ Influential economist John Maynard Keynes“You adapt, evolve, compete, or die.”~ Billionaire investor Paul Tudor Jones Flexibility is a Super Power Early in my career, I worked for the late great William O’Neil, a famous and successful growth investor. Though I did not work directly with O’Neil, I learned through stories and teachings that he credited much of his success with his ability to be flexible and change course like a “tree blowing in ...

Alphabet Inc (NASDAQ: GOOGL) has already gained some 40% since its year-to-date low in early March but analysts at Jefferies remain convinced it can push further to the upside in the coming months. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Shares of the tech titan currently pay a dividend yield of 0.43%.  Why is Jefferies bullish on Google stock?Copy link to sectionThe investment firm reiterated its “buy” rating on Google stock this morning and ...

The ongoing bullish sentiment around the stock market has been primarily attributed to companies venturing into the artificial intelligence (AI) sector. Notably, these companies significantly control major indices, leading to concerns that the AI bubble might burst, reminiscent of the 2000 Dot-com bubble. Uncertainty regarding a potential recession hitting the US economy further exemplifies the possibility of a bubble burst.Indeed, if the AI sector faces a downturn, certain companies could stand out and wea ...

The AI sector is rapidly expanding as technology advances, driving interest in AI stocks among investors. Companies in this sector develop or use artificial intelligence to enhance various applications, from data analysis and logistics to customer service and automation. This field is not just limited to tech giants. It also includes startups and mid-size companies making significant strides in AI technology.Investing in AI stocks offers the potential for substantial returns due to the growing reliance on A ...

Equity Research·Company Research·Software & Service Alphabet Inc. (GOOGL) With manageable Ads competition, AI empowers [Table_Author] 22 May 2024 Google cloud growth Buy (Initiation) Research Analyst Ruibin Chen (852) 3982 3212 Forecast & Valuation 2023A 2024E 2025E 2026E chenrobin@dwzq.com.hk Revenue (USD mn) 307,394.00 352,882.98 394,718.09 438,211.74 Growth (YoY %) 8.68 14.80 11.86 11.02 Net profit (USD mn) 73,795.00 94,544.31 106,509.96 120,550.72 P[Traicbel eP_ePrifcoQrmuoatnec] e Growth (YoY %) 23.05 ...

Loading...Loading... Google has been an early adopter of AI technology, integrating it into core products such as Google Docs, Gmail, and its advertising platforms, which are significant sources of revenue. At the Google I/O developer conference, CEO Sundar Pichai emphasized the critical role of AI by introducing AI-generated answers in Google's search engine. Google's stock recently broke through major resistance, indicating the start of another long-term bullish trend. Long before AI chatbots like ChatGPT ...