Despite topping their third quarter top and bottom-line expectations this week, Alphabet (GOOGL) and Meta Platforms' (META) stock have both dropped following favorable results.
The Magnificent Seven stocks have propped up the stock market in what would have otherwise been a down year. If the S&P 500 was an equal-weighted index, it would have only been up by 0.1% year-to-dat
Sundar Pichai, chief executive of Alphabet and its subsidiary Google, will testify on Monday in the once-in-a generation antitrust fight over Google's dominance of search and some parts of search adve
Google executive Prabhakar Raghavan testified Thursday (Oct. 26) in the search and advertising giant's ongoing antitrust trial, shedding light on the challenges the company faces from smaller rivals.
Prabhakar Raghavan testified that threats to Google's position are very much real, and innovation at the search engine has allowed it to maintain market share.
Despite better-than-expected results from Alphabet and Meta, investors dumped the stocks and rest of the tech sector over the past two days
Pichai likely will be pushed by prosecutors to explain why he has told employees in at least one recorded chat from 2021 to “change the setting of this group to history off,” according to sources
Raghavan said the company has been tagged with the disparaging moniker “Grandpa Google” among younger demographics who don't see it as an interesting product.

Why Alphabet Stock Lost 10% This Week

02:25pm, Thursday, 26'th Oct 2023
Alphabet beat estimates, but cloud growth was weak. Macroeconomic concerns are weighing on the stock as well.
Google executive Prabhakar Raghavan on Thursday detailed challenges the search and advertising giant faces from smaller rivals, describing efforts to avoid becoming "the next road kill."
Fully autonomous rides are now available to Uber customers in Phoenix via a partnership of the ride-hailing platform and Waymo. Starting Thursday (Oct. 26), Uber customers in Phoenix who request a rid
Customers ordering an Uber in Phoenix now have the option to ride in a fully autonomous vehicle.

Alphabet ETFs: Should You Buy the Dip?

09:01am, Thursday, 26'th Oct 2023
Alphabet shares slumped on Oct 25 as the company's cloud revenues missed estimates. While the industry's challenge in developing and shaping AI infrastructure caused this weakness, the rebound could b
Apple is strengthening its business by expanding into a sector less vulnerable to economic headwinds. Meanwhile, Microsoft has endless earning opportunities in AI.
Shares of Google parent Alphabet sank on disappointing growth for Google Cloud. Google CEO Sundar Pichai talked about two things in the Q3 call that bode well for his company's future.
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