The S&P 500 dropped below its 50-day moving average amid a selloff driven by oil prices hitting $100 per barrel and rising U.S. Treasury yields, which pushed the 10-year yield to 4.70%. This spike increased fears of Federal Reserve interest rate hikes, with traders now pricing an 82% chance of a September hike. Tech stocks like Alphabet and Tesla fell sharply after earnings misses, while the VIX volatility index rose, signaling increased demand for market protection. Investors are now cautious, watching upcoming economic data and geopolitical tensions that could further impact oil supply and market stability.
PatentVest's latest report analyzes OpenAI's 69 published patent families, showing the company's strategic shift from conversational AI to broader AI applications including generative media, AI agents, and developer infrastructure. This portfolio ref...
Roth Capital increased Alphabet's price target to $440 following strong Q2 results, including a 24% revenue rise and 300% net income jump. Despite a stock sell-off due to rising AI infrastructure spending, analysts view these investments as key to Al...
Google announced that its AI assistant Gemini now has over 950 million monthly users, tripling its user base from last year and approaching ChatGPT's 1 billion monthly users. The growth is driven by new features like Daily Brief and Gemini Spark, ava...
Google introduced a new biometric feature allowing users to unlock or recover their accounts using selfie videos instead of passwords. Users record a short video with guided head movements, which is encrypted and stored securely, to verify their iden...
Alphabet is rated a Buy ahead of its Q2 earnings report, supported by improving valuation, positive earnings momentum, and technical strength. Despite some setbacks in AI performance and recent talent losses, its Gemini AI models provide speed and co...
