Alphabet reported a strong first quarter with revenues up 22% to $109.9 billion, beating analyst expectations and marking 11 consecutive quarters of double-digit growth. The company also raised its quarterly dividend by 5% to $0.22 per share, signaling confidence in its cash flow. Meanwhile, Meta beat Q1 earnings estimates but issued weak guidance and increased its capital expenditure forecast, causing its shares to drop 8% in premarket trading. These results highlight divergent outlooks among major tech firms as investors weigh growth prospects and spending plans.
TappAlpha introduced the TappAlpha Cboe Magnificent 10 Growth & Daily Income ETF (TMGN), which offers exposure to the Cboe Magnificent 10 Index featuring leading tech companies like Nvidia, Microsoft, and Apple. This ETF applies TappAlpha's options-b...
Warren Buffett revealed he personally initiated Berkshire Hathaway's recent large investment in Alphabet, including a $10 billion private stock purchase last month. Despite stepping down as CEO earlier this year, Buffett remains chairman and works cl...
A group of publishers and authors, including Hachette and Elsevier, filed a class action lawsuit against Google, accusing it of using their copyrighted books to train its AI platform, Gemini, without permission. The lawsuit alleges Google also remove...
Demis Hassabis, head of Google's AI division, called for a U.S.-led standards body to evaluate new AI models for risks including cybersecurity and biological threats. He proposed a public-private partnership overseen by the federal government to test...
Jim Cramer highlighted that technology stocks remain the best area for investors seeking significant gains due to their ability to create new growth catalysts beyond quarterly earnings. He cited Meta, SK Hynix, and Alphabet as examples of companies u...
