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Stocks Slide as Tech Selloff Persists Ahead of Google Earnings | Closing Bell
Youtube· 2026-02-04 23:42
And right now we are 2 minutes away from the end of the trading day. Romaine Bostick here with Katie Greifeld taking you through to that closing bell with a global simulcast. Carol Massar Tim Stenovec.Bring them in right now as you welcome our audiences across all of our Bloomberg platforms Television, Radio. Our partnership with YouTube. Another wild and crazy day here on Wall Street Carol Massar and some big earnings that are across the wire in a matter of minutes.Right. And one of those big earnings, pro ...
Alphabet won't talk about the Google-Apple AI deal, even to investors
TechCrunch· 2026-02-04 23:28
Core Insights - Alphabet is currently not ready to discuss the implications of its AI partnership with Apple, indicating a cautious approach towards its core business focused on AI [1] Group 1: Google-Apple Relationship - The partnership between Google and Apple has been beneficial, with Google paying Apple $20 billion to be the default search engine on Apple devices, providing Google access to Apple's 2.5 billion active devices [2] - The latest AI deal with Apple is rumored to cost Apple approximately $1 billion per year, but the immediate benefits for Google are less clear compared to its search business [3] Group 2: AI Advertising and Business Model - Google has announced plans to introduce ads in AI Mode for Google Search, with tests placing ads below or integrated into chatbot responses, aiming for a seamless shopping experience [4] - Competitor Anthropic is challenging the ad-supported AI model with a forthcoming Super Bowl ad, raising questions about the long-term viability of Google's and OpenAI's business models [5] Group 3: Earnings Call Insights - During Alphabet's earnings call, the Apple Siri deal received minimal attention, with CEO Sundar Pichai mentioning that Google would be Apple's "preferred cloud provider" and assist in developing next-generation foundation models based on Gemini technology [6]
American T&T successfully produces first antimony ingots at Antimony Canyon
The Market Online· 2026-02-04 23:01
Join our daily newsletter At The Bell to receive exclusive market insightsAmerican Tungsten and Antimony (ASX:AT4) has successfully produced its first antimony ingots, completed as part of metallurgical testwork using materials from the Australian company’s Antimony Canyon Project in Utah.Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.Disclaimer: This content has been prepared as part of a partnership w ...
Alphabet earnings and analysis, why one strategist is underweight the Mag 7
Youtube· 2026-02-04 22:46
Market Overview - The stock market closed mixed, with the Dow up 0.5% (259 points), while the NASDAQ fell 1.5% [1][2] - The S&P 500 was down about 0.5%, but the equal-weighted S&P 500 index closed up nearly 1% at a record high [2][3] - Small-cap indices showed varied performance, with the Russell 2000 down 0.7% and the S&P 600 up 0.9% [3] Sector Performance - The Dow Jones transports surged over 2% for three consecutive days, totaling an 8% increase, a trend not seen since May 2025 [4] - The materials sector led gains, with gold and silver trades up over 2%, followed by energy, which also rose by 2% [5] - The technology sector was the biggest loser, down 2.82%, with significant declines in major tech stocks like AMD (down 17%) and Palantir (down 11%) [5][6] Alphabet's Q4 Earnings - Alphabet reported Q4 operating income of $35.93 billion, slightly below the expected $36.95 billion, with total revenue of $113.83 billion, exceeding the estimate of $111.4 billion [9][10] - Google Cloud revenue was reported at $17.66 billion, surpassing the estimate of $16.2 billion, indicating strong performance in that segment [10][24] - The company projected 2026 capital expenditures between $175 billion and $185 billion, significantly higher than the consensus estimate of $120 billion, leading to a drop in stock price by about 6% in after-hours trading [11][12] Qualcomm's Q1 Results - Qualcomm reported Q1 EPS of $3.50, exceeding estimates of $3.41, with revenue of $12.3 billion, also better than the expected $12.2 billion [34][35] - The outlook for Q2 revenue is projected between $10.2 billion and $11 billion, below the previous estimate of $11.18 billion, due to headwinds from memory shortages in the smartphone market [36][40] - Qualcomm is diversifying its business beyond smartphones, focusing on markets like PC chips and robotics [37][38] Investment Strategies - A neutral stance on equities is maintained, with an underweight position in U.S. stocks compared to international markets, driven by attractive valuations overseas [43][45] - The current market environment shows targeted selling primarily in technology, with a focus on quality investments outside the tech sector [47][48] - Concerns about future earnings growth and valuation in the tech sector, particularly among the Magnificent Seven, are leading to a cautious investment approach [53][56]
Overlooked Stock: CRUS Earnings Rally & Ties to AAPL
Youtube· 2026-02-04 22:00
Welcome back to Market on Close. I'm Sam Bardis live from the floor of the New York Stock Exchange. It's time now for Overlooked Stocks.Shares of Sirrus Logic touching a new 52- week high after it topped earnings estimates and issued strong guidance. So, George Sllis is with us, senior markets correspondent to help us unpack this report here. So, this is a little bright spot in what is otherwise a pretty down day for tech, particularly in the chip business, which it is exposed to.Talk us through it. Well, y ...
3 Warren Buffett-Style Stocks for a Golden Retirement
247Wallst· 2026-02-04 19:54
Although former Berkshire Hathaway (NYSE:BRK-B) CEO Warren Buffett retired as the company's chief executive, his legacy looms large. ...
Apple: The Pros And Cons Of Investing Right Now - Downgrading To Hold
Seeking Alpha· 2026-02-04 16:52
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Past performance is not an indicator of future performance. This post is illustrative and educational ...
Schwab's 1000 Stock ETF Beat the S&P 500 With Just 3% Turnover
247Wallst· 2026-02-04 14:03
Most investors eventually discover they're paying too much for too little. The average actively managed mutual fund charges around 1% annually, and even popular index funds from legacy providers can run 0.10% to 0.20%. ...
Apple’s new AirTag Tracker is better, but not upgrade-worthy
BusinessLine· 2026-02-04 13:52
Apple Inc.’s new second-generation AirTag is basically a slightly better do-over of the original. At $29 for a single item tracker or $99 for a four-pack, it also costs the same. Upgraders can expect slightly better wireless range, a louder chime and the ability to pinpoint an item’s location with their Apple Watch: no iPhone necessary. Considering the original was released almost five years ago, some Apple fans and techies might have hoped for more.But after a few days of testing, the updated AirTag hasn’t ...
DOJ Cross-Appeals Antitrust Decision Protecting Google Chrome Amid 'Unlawful Monopolization' Of Internet Search - Apple (NASDAQ:AAPL), Alphabet (NASDAQ:GOOG)
Benzinga· 2026-02-04 12:39
The U.S. Department of Justice filed an appeal on Tuesday in response to a ruling that did not mandate Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) subsidiary Google to sell off its Chrome browser or terminate its profitable agreement with Apple Inc. (NASDAQ:AAPL) as the default search engine on new devices.In a post on X on late Tuesday, the DOJ Antitrust Division announced, "Today, the DOJ Antitrust Division filed notice that it will cross-appeal from the remedies decisions in its case against Google's unla ...