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- Yahoo Finance
AI investments are showing signs of a payoff, but the price is steep
Amazon, Google, Meta, and Microsoft announced they are spending billions to build out their AI capabilities. It'll take time for it to pay off.
- GuruFocus.com
Insider Sale: CEO Sundar Pichai Sells 22,500 Shares of Alphabet Inc (GOOG)
On May 1, 2024, Sundar Pichai, CEO of Alphabet Inc (NASDAQ:GOOG), sold 22,500 shares of the company.
- Benzinga
Third Point's AI Focus Pays Off As Investments in Alphabet and TSMC Propel Q1 Growth
Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL), Taiwan Semiconductor Manufacturing Co (NYSE:TSM), and London Stock Exchange Group saw increased investments from Third Point LLC due to their AI-driven opportunities. Daniel Loeb, founder and CEO, highlighted its significant distribution and technological edge over competitors. In his investor letter, Loeb praised Alphabet’s ability to leverage AI to improve and monetize its product suite. Additionally, Third Point increased its stakes in Taiwan Semico
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