|Day's range||51.49 - 51.49|
Artificial intelligence and this week's market melt-up are driving mega cap tech stocks higher. Yardeni Research President Ed Yardeni joins Yahoo Finance Live to discuss the trends seen across the tech space and the potential to broaden out to other industries.
Tech speculators may be starting to grow wary of the growth promised by the artificial intelligence hype bubble. WealthWise Financial CEO Loreen Gilbert details which major tech stocks remain independently strong, while benefiting from AI trends.
This year, both Meta and Alphabet decided to eke out the lifespan of their servers. Meta raised their estimated useful life cycle from four years to five. With little more than a keystroke, both companies lifted operating income.
Communication Services sector is up over 30%, thanks to its high-profile holdings
Google is looking to patent a device that can determine "chest conditions from radiograph data" using machine learning. This AI-powered tech...
A year ago, Google greeted staff members coming back to the office for the first time with a lavish party.
Shares of search and cloud giant Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) rose 14.5% in May, according to data from S&P Global Market Intelligence. The Google parent unveiled many new technologies during its I/O conference early in the month. Alphabet had been a relative laggard during the first quarter compared with some of its big-tech brethren, as investors feared that generative AI could disrupt the conglomerate's core search business.
According to the average brokerage recommendation (ABR), one should invest in Alphabet (GOOGL). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
Based on the average brokerage recommendation (ABR), Alphabet Inc. (GOOG) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?
Twilio (TWLO) strengthens its partnership with Google Cloud to bring generative AI into its customer engagement product base, which includes Flex, and improve customer experiences and satisfactions.
Did you know that Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), the parent company of Google, is already the third-largest American company? Not bad for a company that debuted on the stock market less than 20 years ago.
After overcoming an initial stumble over its artificial intelligence (AI) launch earlier this year, Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) stock has put up impressive results through 2023. There's new competition in search from ChatGPT and Bing, which is now powered by ChatGPT technology, and while Bard AI may have won over critics, it could be hard for the company to pivot to an AI-first search model and still preserve its advertising business. There are also signs that the digital advertising market, which is the source of nearly all of Alphabet's revenue, may be maturing.
Microsoft (NASDAQ: MSFT), the company that invested billions into ChatGPT's owner, OpenAI, is no exception. Year to date, Microsoft's shares are up around 40% and the Redmond, Washington-based tech giant is now at a $2.5 trillion valuation and right around its all-time highs. Has the stock become too expensive, or is Microsoft still a good buy right now?
Alphabet's Google and Microsoft are inserting ads into AI experiments without providing an option to opt out of participation, an approach that has already rankled some brands and risks further pushback from the industry, ad buyers told Reuters. The two tech giants are racing to revamp their search engines with artificial intelligence that can produce written responses to open-ended queries. Microsoft is testing ads in the Bing AI chatbot, which began rolling out to users in February, by relocating some traditional search ads and inserting them into the AI responses, the company said.
From Google Glass to Magic Leap to Meta's Oculus division, tens of billions of dollars have gone into building computing goggles, with minimal returns to show for it. After Facebook changed its name to Meta (NASDAQ: META) in 2021 and said it was investing at least $10 billion a year into building AR and VR products, industry hype went into overdrive and the term "metaverse" became a household name. Apple revealed its Vision Pro augmented reality device to the world this week, which looks like sleek skiing or snorkeling goggles.
Though the S&P 500 and Nasdaq Composite have bounced more than 20% off of their intra-day lows in 2022, numerous internal indicators suggest Wall Street isn't as healthy as it appears.
The article by Sundar Pichai, chief executive of Google and Alphabet, paints a sunny picture of the commitments Google is making to ensure artificial intelligence is developed responsibly (“Building AI responsibly is the only race that really matters”, Opinion, May 23). The piece implies that success with AI lies only in partnering with hyperscaler cloud providers, such as Google. The machine learning tooling from the likes of AWS, Google and Microsoft is highly complex and expensive to run — putting it out of reach for many smaller firms.
Microsoft (NASDAQ: MSFT) is investing in a cloud service provider, and Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) is investing in a video generative AI start-up. Check out the short video to learn what semiconductor investors Jose Najarro and Billy Duberstein had to say.
Booking Holdings' (BKNG) Priceline gears up to introduce a travel assistant chatbot backed by Google Cloud's generative AI technology.
Investors who stuck with growth names during last year's sell-off have been rewarded during 2023's rally.
The enterprise software and PC specialist has started off 2023 with a bang. Could this be just the beginning?