The latest CPI report indicated that inflation is once again cooling. CPI only increased by 3.4% year-over-year and was up by 0.3% in April. While inflation can still ramp up as it did in the first quarter, any deceleration can prompt the Federal Reserve to reduce interest rates sooner.Investors are starting to anticipate that scenario and have been accumulating more stocks. Equities tend to perform well during interest rate cuts since lower rates reduces the cost of borrowing money. Those lower interest ra ...

Following an impressive first-quarter earnings report, shares in Alphabet are up big.There are only seven companies in the world with a market capitalization of at least $1 trillion. Among these businesses, only Microsoft, Apple, Nvidia, and Alphabet (GOOG 1.06%) (GOOGL 1.08%) have reached an even more exclusive club.No, I'm not talking about gaining access to the "Magnificent Seven" -- although each of those companies is in that club, too. All four of these tech giants have a market cap of at least $2 tril ...

The Nasdaq Composite witnessed a robust 2023 and first quarter of 2024. The bull run has also continued into the second quarter despite growing concerns over inflation.On May 14, the tech-heavy Nasdaq ended 0.8% higher to close at a new record high of 16,511.18 points. The index has rallied 10% year to date after jumping 43.4% in 2023 to record its best year since 2020.This year, so far, has been great for Wall Street, with the Dow and the S&P 500 also notching record highs in February. The Nasdaq was a sha ...

Google parent company Alphabet (GOOGL) , reported strong quarterly earnings several weeks ago, crushing estimates and gapping significantly higher.Continued strong growth in key segments like search, YouTube, and cloud computing propelled YoY sales growth back into double digits (13%). Management at Alphabet is extremely excited about the prospects of the AI revolution as it will both enhance productivity at the company and drive continued growth as other companies utilize Alphabet’s products and services.T ...

Alphabet’s (GOOGL) Google recently partnered with Hewlett Packard (HPE) to commercialize its 3D video conferencing technology, Project Starline, in 2025.With the HP collaboration, Google plans to integrate this video technology into popular workplace video conferencing services like Google Meet and Zoom by leveraging HP’s expertise in computing.The Starline technology uses advanced computer vision, machine learning and real-time compression to create a “magic window,” allowing life-size participants to make ...

ToplineThe National Highway Traffic Safety Administration launched an investigation into Alphabet subsidiary Waymo’s robotaxi fleet on Tuesday, following a series of reports the vehicles violated traffic safety laws and collided with gates, chains and parked cars—the fourth probe into self-driving systems by regulators this year.The Alphabet subsidiary’s vehicles collided with gates, chains and parked cars, regulators said. Getty Images Key FactsA preliminary evaluation of Waymo’s vehicles follows 22 incide ...

Will OpenAI introduce a new product that can threaten Google?The market is up today, but Alphabet (GOOG -1.47%) (GOOGL -1.58%) shares traded as much as 2.8% lower in early trading, cutting more than $50 billion off the company's valuation. The stock recovered slightly but it was still down 2% at 11 a.m. ET.OpenAI stirs the potArtificial intelligence (AI) rival OpenAI is holding an event at 1 p.m. ET today and is expected to release a new product. But it's not clear what that product will be after CEO Sam Al ...

In recent months, and particularly after he closed his controversial 2023 bet against the semiconductor industry, Michael Burry’s similarly contentious Alibaba (NYSE: BABA) bet – technically the single largest holding in his portfolio – has taken the bulk of attention.Despite the struggling investment which has seen the stock continuously remain below the purchase price, ‘The Big Short’ investors took a significant number of winning long positions, particularly during the ‘buying spree’ in last year’s final ...

Creating a portfolio with favorable liquidity stocks is likely to work in favor of investors seeking healthy returns.Liquidity measures a company’s capability to meet its short-term debt obligations. Stocks with high liquidity levels have always been in demand, owing to their potential to provide maximum returns.One needs to exercise caution before investing in such stocks. High liquidity may indicate that the company is clearing its dues faster than its peers. However, it may also suggest that the company ...

The search and cloud giant might be looking to add customer relationship management (CRM) to its resume.Rumors emerged (again) on Thursday that Alphabet (GOOGL 0.34%) (GOOG 0.24%) is making progress in talks to acquire customer relationship management (CRM) specialist HubSpot (HUBS -0.49%), according to a report by Bloomberg. The discussions appear to have advanced to the point the pair are talking terms.It's clear that the rumored talks -- if they're happening at all -- are still in the early stages. Howev ...