Alphabet Stock (NASDAQ:GOOGL) Is Now My Largest Tech Holding. Here's Why – – TipRanks

Alphabet stock (NASDAQ:Google) (NASDAQ:GOOG) is currently my largest technology holding, accounting for about 8% of my portfolio. I’ve added to my position a number of times recently as Alphabet’s fourth quarter results showed strong sales growth, margin expansion, sharply rising profits, and increased capital gains. Furthermore, even though Alphabet maintains double-digit revenue and bottom-line growth […]

Investors weary of cost of AI development as Microsoft, Alphabet shares fall

The tech giant on Tuesday talked about how its customers are perfecting products powered by generative AI, but expects a big jump in sales from the new technology as the cost of developing cutting-edge features increases. Investors are frustrated. shares of alphabet fell 6%, Microsoft fell 1%, and other big tech stocks like Apple, Meta […]

Google parent Alphabet sees AI investment providing long-term opportunities

The managing director of UBS Wealth Management said market opportunities that were once available through e-commerce are now being seized by AI. The rise of artificial intelligence remains a big focus for investors at Google and other tech giants, as emerging technologies reshape the tech world and transform the business of search, cloud, and advertising. […]

AI companies lose $190 billion in market cap after Alphabet and Microsoft report

AI companies lost $190 billion in stock market value late Tuesday after quarterly results from Microsoft, Alphabet and Advanced Micro Devices failed to impress investors who sent their shares soaring. . The tech giant’s reported selloff after the bell comes after hopes of embedding technology throughout the company pushed its stock to record highs following […]

Nasdaq 100 futures slide, Alphabet shares drop after results: Live updates – CNBC

Traders work on the floor of the New York Stock Exchange (NYSE) on January 29, 2024 in New York City, USA. Brendan McDiarmid | Reuters Futures for the tech-heavy Nasdaq 100 index fell on Tuesday night after two giant tech companies reported their quarterly results. Wall Street was also closely watching the Fed’s decisions on […]


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