Google's parent company Alphabet is increasing its investment in artificial intelligence, which has supported strong business results despite a 7% decline in its shares over the past month. The company is expected to report its Q2 earnings on July 22. Analyst Justin Purohit views the stock as a 'hold' at current prices, noting a positive outlook backed by AI-related spending and performance. Investors are watching to see how these investments will impact future growth and competition with rivals.
The market is expected to stay stable and range-bound during the summer doldrums, with limited movement after struggling to surpass previous highs. Hyperscaler capital expenditures (capex) are anticipated to be the main driver for stock performance, ...
Mark Lanier won a landmark $6 million verdict against Meta and Google, proving their platforms were designed to be addictive and harmful to children's mental health. The case, led by a young plaintiff named Kaley, exposed internal documents showing d...
Alphabet's stock is recovering after a recent pullback, supported by the 100-day moving average near $340. The stock faces critical resistance between $369.89 and $373.60, with a move above $373.60 expected to confirm a bullish trend reversal. An inv...
Alphabet (GOOG) receives a 'Buy' rating due to expected medium-term growth driven by ecosystem expansion and synergies from its acquisition of Wiz. The company's vertical business integration and asset consolidation are projected to protect and poten...
Google Search experienced its highest-ever queries per second during the World Cup knockout round, specifically after Argentina scored their winning goal against Egypt. This surge highlights Google's continued dominance in search despite rising compe...
