Alphabet Inc. is a multinational technology company that is best known for its role as the parent company of Google and various other subsidiary ventures. It specializes in a wide array of internet-based products and services, including search engine technology, online advertising, cloud computing, software development, and consumer electronics. Beyond Google's flagship search engine, Alphabet encompasses platforms like YouTube, Android, and Google Cloud, while also investing in innovative fields such as artificial intelligence, healthcare, and autonomous vehicles. The company's mission is to organize the world’s information and make it universally accessible and useful, driving advancements in technology and improving user experiences across its diverse offerings. Read More
OpenAI, the company behind ChatGPT, has shown interest in acquiring Chrome —the world’s most widely used web browser—if Google were ever required to sell it. Nick Turley, a senior OpenAI executive, revealed this during testimony supporting the U.S. government’s antitrust case against Google.
Last week, on a post-earnings conference call with analysts, the Tesla CEO shared his thoughts on how Tesla’s upcoming robotaxi would compare with Waymo’s offering.
Brian Klo, Morningstar's equity strategist, expressed a bearish outlook on Nvidia's China business, while maintaining a positive view on its prospects in developed markets.
Google-backed Waymo and Toyota Motor Corp (NYSE: TM) have announced a preliminary agreement on Tuesday to explore collaboration on autonomous driving technologies, with a focus on personally owned vehicles, the companies said in a joint release.
Spotify defended its $11.99 subscription price on its Q1 earnings call and signaled that price hikes are now a strategic option, as the company eyes long-term revenue growth despite rising inflation and stiff competition from Apple and YouTube Music.
Crockett initiates coverage of TTD with Buy rating and $77 price target. Despite macro concerns and competition, TTD is well-positioned in AdTech's growth, driven by CTV and programmatic. Stock has dropped due to Q4 miss but consensus estimates for growth remain positive. TTD is a leading DSP with a history of strong growth. Crockett projects Q1 revenue of $578.7 million and EPS of $0.25. TTD stock currently at $54.61.
President Donald Trump's recent executive orders aim to transform government procurement by prioritizing commercial technology over custom-built solutions, potentially saving billions in taxpayer dollars while opening federal contracts to innovative companies.
In a move to challenge YouTube's dominance in the video podcasting arena, Spotify Inc. (NYSE: SPOT) has paid out over $100 million to podcast creators and publishers since the start of the year.
