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Google Parent Company In Bear Territory, Down 35% From Highs: Should Investors Be Eyeing Alphabet Comeback?
Benzinga· 2024-09-14 00:28
Google parent company Alphabet Inc‘s GOOGL GOOG shares have seen better days. The stock has plummeted 35% from its all-time highs, landing it squarely in bear market territory.Among the tech giants, Alphabet’s downturn is more severe than most, leaving investors wondering if it's time to buckle up for a rebound or remain cautious.Alphabet Stock In Deep Bearish WatersTechnically speaking, Alphabet stock is deep in bearish waters. The stock is trading below its five, 20- and 50-day exponential moving averages ...
S&P 500 Gains For 4th Straight Session Amid Rise In Nvidia, Alphabet, And Other Tech Stocks: Greed Index Remains In 'Fear' Zone
Benzinga· 2024-09-13 13:22
文章核心观点 - 美国股市在周四继续上涨,标普500指数连续第四个交易日上涨 [1] - 科技和半导体公司股价继续上涨,如英伟达和Alphabet [1] - 珠宝公司Signet Jewelers公布的二季度业绩好于预期,第三季度收入前景也强于预期 [1] - 美国8月生产者价格指数环比上涨0.2%,高于预期 [1] - 美国初请失业金人数环比增加2000人至23万人 [1] 行业总结 科技行业 - 科技和半导体公司股价继续上涨,如英伟达和Alphabet [1] 珠宝行业 - 珠宝公司Signet Jewelers公布的二季度业绩好于预期,第三季度收入前景也强于预期 [1] 宏观经济 - 美国8月生产者价格指数环比上涨0.2%,高于预期 [1] - 美国初请失业金人数环比增加2000人至23万人 [1] 公司总结 英伟达 - 英伟达股价上涨约1.9% [1] Alphabet - Alphabet股价上涨约2.3% [1] Signet Jewelers - 公司二季度业绩好于预期,第三季度收入前景也强于预期 [1]
Google AI Model Faces EU Data Privacy Investigation
PYMNTS.com· 2024-09-13 03:45
A European regulator is investigating whether Google’s artificial intelligence model complies with privacy laws.Ireland’s Data Protection Commission (DPC) is examining whether the tech giant performed a legally required data protection impact assessment before processing European Union residents’ personal data used in its Pathways Language Model 2, according to a Thursday (Sept. 12) press release.The DPC is the regulatory body in Ireland charged with enforcing the EU’s General Data Protection Regulation (GD ...
Google's Potential Path To $500
Seeking Alpha· 2024-09-12 22:32
Boy Wirat I discussed Alphabet Inc. (NASDAQ:GOOG, NASDAQ:GOOGL), aka “Google,” in a previous article. Google has had a rough time since peaking at around $193 in early July. Since then, Google's stock has cratered by 23% as the market goes through an increased volatility phase. Moreover, Google faces transitory company-specific issues. Yet, Google's temporary problems will likely be resolved. Meanwhile, Google's stock has become exceptionally cheap, trading below a 20 P/E ratio (2024 EPS forecasts). Fur ...
OpenAI, Anthropic and Google execs met with White House to talk AI energy and data centers
CNBC· 2024-09-12 22:26
Leaders at OpenAI, Anthropic, Microsoft, Google and several American power and utility companies met Thursday morning at the White House to discuss the future of artificial intelligence energy infrastructure in the U.S., sources familiar with the meeting told CNBC.OpenAI CEO Sam Altman, Anthropic CEO Dario Amodei and Google president Ruth Porat were all in attendance at the meeting, which focused on bringing the public and private sectors together to talk about artificial intelligence's energy usage, data c ...
Is Alphabet Going to $170? 1 Wall Street Analyst Thinks So
The Motley Fool· 2024-09-12 21:53
Is the recent sell-off a buying opportunity?Alphabet (GOOG 1.65%) (GOOGL 1.63%) has fallen significantly from its previous peak in recent months as concerns about new competition in search, overspending on artificial intelligence (AI) infrastructure, and the broader health of the economy have pressured the stock lower. The stock is now down 22% from its peak in July.Some see a buying opportunity in that sell-off, and one Wall Street analyst recently weighed on with coverage on the stock. DA Davidson sees up ...
Owens & Minor Stock to Gain From New Collaboration With Google Cloud
ZACKS· 2024-09-12 21:46
Owens & Minor, Inc. (OMI) has announced a partnership with Google Cloud, owned by the parent holding company, Alphabet (GOOGL)  to enhance the existing capabilities of its cloud-based clinical inventory management system, QSight. The collaboration will combine the company’s expertise in optimizing the healthcare supply chain with Google Cloud’s Vertex AI platform, to tackle the modern supply chain management complexities and support the patients more effectively.The latest development demonstrates the progr ...
Is ChatGPT Taking Market Share From Google Search? Alphabet Could Have a Problem It Hasn't Had to Worry About for Years
The Motley Fool· 2024-09-12 20:30
Alphabet's stock may look cheap, but investors may want to think twice about buying it.Alphabet (GOOG 1.43%) (GOOGL 1.68%) has built its business around two high-prized assets over the years: YouTube and Google Search. The latter, however, is facing some significant headwinds right now. Regulators have been taking a hard look at its dominance and recently found that it acted as a monopoly.And with a rise in artificial intelligence (AI) chatbots, there may be less of a reason for people to rely on search eng ...
Ireland launches EU privacy probe into Google AI development
Techxplore· 2024-09-12 20:01
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Google and other big tech firms have come under tight scrutiny in Europe. An Irish regulator helping to police European Union data privacy launched an investigation Thursday into Google's artificial intelligence development. The inquiry comes as the EU and other major regulators around the world crack down on big tech over a r ...
The CEO of $50 billion adtech giant The Trade Desk is calling for Google to be broken up
Business Insider· 2024-09-12 18:27
By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAs Google faces down the first week of its landmark US antitrust trial over its alleged digital ad market m ...