Artificial intelligence (AI) innovations have helped push top tech stocks like Nvidia and Palantir Technologies to trade at elevated valuations. The massive gains many AI stocks experienced over a relatively short timeframe have contributed to the impression among some investors that they can no longer find inexpensive stocks in this select sector.
Google is joining tech companies like Amazon and Meta in donating to Donald Trump's inauguration. The search giant said it is giving $1 million, more than triple what it gave Trump in 2017.
Waymo co-CEO Tekedra Mawakana speaks with Bloomberg TV's Ed Ludlow at CES in Las Vegas about the company's plans to expand autonomous driving to major US cities and internationally. Sign up for the Tech Daily newsletter to get exclusive reporting and analysis on tech and AI: https://bloom.bg/4bUP7rF -------- More on Bloomberg Television and Markets Like this video?
Tech giant Google is scheduled to be back in court Aug. 18, according to a Wednesday (Jan. 8) Reuters report. A federal judge in California denied a motion to dismiss a class action lawsuit alleging Google violated the privacy of both Android and non-Android mobile phone services users.
Alphabet Inc. (GOOG) concluded the recent trading session at $195.40, signifying a -0.67% move from its prior day's close.
In the closing of the recent trading day, Alphabet (GOOGL) stood at $193.88, denoting a -0.82% change from the preceding trading day.
Alphabet's expanding AI portfolio is strengthening its position in the cloud, search and smartphone domains despite increasing regulatory headwinds.
Right now, there are nine public companies with market capitalizations of at least $1 trillion. As of intra-day trading on Jan. 6, the trillion-dollar club in order from highest to lowest is made up of the following stocks:
Year two of Wall Street's bull market rally didn't disappoint. When the finish line was crossed, the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite respectively gained 13%, 23%, and 29% in 2024.
CNBC's Deirdre Bosa reports on Silicon Valley's latest developments and ties to President-elect Donald Trump.
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