The AI sector is rapidly expanding as technology advances, driving interest in AI stocks among investors. Companies in this sector develop or use artificial intelligence to enhance various applications, from data analysis and logistics to customer service and automation. This field is not just limited to tech giants. It also includes startups and mid-size companies making significant strides in AI technology.Investing in AI stocks offers the potential for substantial returns due to the growing reliance on A ...

Equity Research·Company Research·Software & Service Alphabet Inc. (GOOGL) With manageable Ads competition, AI empowers [Table_Author] 22 May 2024 Google cloud growth Buy (Initiation) Research Analyst Ruibin Chen (852) 3982 3212 Forecast & Valuation 2023A 2024E 2025E 2026E chenrobin@dwzq.com.hk Revenue (USD mn) 307,394.00 352,882.98 394,718.09 438,211.74 Growth (YoY %) 8.68 14.80 11.86 11.02 Net profit (USD mn) 73,795.00 94,544.31 106,509.96 120,550.72 P[Traicbel eP_ePrifcoQrmuoatnec] e Growth (YoY %) 23.05 ...

Loading...Loading... Google has been an early adopter of AI technology, integrating it into core products such as Google Docs, Gmail, and its advertising platforms, which are significant sources of revenue. At the Google I/O developer conference, CEO Sundar Pichai emphasized the critical role of AI by introducing AI-generated answers in Google's search engine. Google's stock recently broke through major resistance, indicating the start of another long-term bullish trend. Long before AI chatbots like ChatGPT ...

The latest CPI report indicated that inflation is once again cooling. CPI only increased by 3.4% year-over-year and was up by 0.3% in April. While inflation can still ramp up as it did in the first quarter, any deceleration can prompt the Federal Reserve to reduce interest rates sooner.Investors are starting to anticipate that scenario and have been accumulating more stocks. Equities tend to perform well during interest rate cuts since lower rates reduces the cost of borrowing money. Those lower interest ra ...

Following an impressive first-quarter earnings report, shares in Alphabet are up big.There are only seven companies in the world with a market capitalization of at least $1 trillion. Among these businesses, only Microsoft, Apple, Nvidia, and Alphabet (GOOG 1.06%) (GOOGL 1.08%) have reached an even more exclusive club.No, I'm not talking about gaining access to the "Magnificent Seven" -- although each of those companies is in that club, too. All four of these tech giants have a market cap of at least $2 tril ...

The Nasdaq Composite witnessed a robust 2023 and first quarter of 2024. The bull run has also continued into the second quarter despite growing concerns over inflation.On May 14, the tech-heavy Nasdaq ended 0.8% higher to close at a new record high of 16,511.18 points. The index has rallied 10% year to date after jumping 43.4% in 2023 to record its best year since 2020.This year, so far, has been great for Wall Street, with the Dow and the S&P 500 also notching record highs in February. The Nasdaq was a sha ...

Google parent company Alphabet (GOOGL) , reported strong quarterly earnings several weeks ago, crushing estimates and gapping significantly higher.Continued strong growth in key segments like search, YouTube, and cloud computing propelled YoY sales growth back into double digits (13%). Management at Alphabet is extremely excited about the prospects of the AI revolution as it will both enhance productivity at the company and drive continued growth as other companies utilize Alphabet’s products and services.T ...

Alphabet’s (GOOGL) Google recently partnered with Hewlett Packard (HPE) to commercialize its 3D video conferencing technology, Project Starline, in 2025.With the HP collaboration, Google plans to integrate this video technology into popular workplace video conferencing services like Google Meet and Zoom by leveraging HP’s expertise in computing.The Starline technology uses advanced computer vision, machine learning and real-time compression to create a “magic window,” allowing life-size participants to make ...

ToplineThe National Highway Traffic Safety Administration launched an investigation into Alphabet subsidiary Waymo’s robotaxi fleet on Tuesday, following a series of reports the vehicles violated traffic safety laws and collided with gates, chains and parked cars—the fourth probe into self-driving systems by regulators this year.The Alphabet subsidiary’s vehicles collided with gates, chains and parked cars, regulators said. Getty Images Key FactsA preliminary evaluation of Waymo’s vehicles follows 22 incide ...

Will OpenAI introduce a new product that can threaten Google?The market is up today, but Alphabet (GOOG -1.47%) (GOOGL -1.58%) shares traded as much as 2.8% lower in early trading, cutting more than $50 billion off the company's valuation. The stock recovered slightly but it was still down 2% at 11 a.m. ET.OpenAI stirs the potArtificial intelligence (AI) rival OpenAI is holding an event at 1 p.m. ET today and is expected to release a new product. But it's not clear what that product will be after CEO Sam Al ...