Alphabet Inc

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• S&P 500 Companies' Latest Quarterly Results Mixed so Far, Oppenheimer Says, from 1 hour ago by MT Newswires

  1 hour ago by MT Newswires
  Companies Mentioned: GOOGL, LLY, MCD, MSFT, PFE, AAPL, AMZN, META, GOOG
  03:35 PM EDT, 04/29/2024 (MT Newswires) -- S&P 500 companies' quarterly financial results have been mixed so far in the current reporting cycle, with signs of both "strength and softness," Oppenheimer Asset Management said Monday. The brokerage said...

• Generative AI Surge Triggers Nationwide Rush for New Data Center Infrastructure, from 1 hour ago by PR Newswire

  1 hour ago by PR Newswire
  Companies Mentioned: GOOGL, PEGA, META, AVAI

  USA News Group News Commentary

  USA News Group News Commentary - Demand for new AI Data Centers which are powering the rise of such popular AI platforms as OpenAI's ChatGPT is being grossly underestimated according to analysts at this year's Bloomberg Intelligence summit. The ongoing generative AI boom is kicking off a rush for new data centers, and the providers of the infrastructure behind them. With this boom comes many challenges including power supplies and the price of necessary hardware. For 9 of the top 10 US electric utilities, data centers have been the main source of customer growth, according to analysis made by Reuters. The booming Global Data Center Market is expected to hit US$792.3 billion by 2032, according to Astute Analytica, while analysts at Christian & Timbers have identified what they believe will be a 27% increase in AI data center talent demand in 2024 over 2023. Behind the scenes are several developers advancing the data center surge, who over the last week updated the market with recent developments, including: Avant Technologies Inc. (OTC: AVAI), Alphabet Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) (NEO: GOOG), Meta Platforms, Inc. (NASDAQ: META) (NEO: META), Pegasystems Inc. (NASDAQ: PEGA), and Advanced Micro Devices, Inc. (NASDAQ: AMD).

• DJ Apple's Fear Factor Is a Draw -- WSJ, from 5 hours ago by Dow Jones

  5 hours ago by Dow Jones
  Companies Mentioned: GOOGL, MSFT, AAPL, AMZN, GOOG
  
  By Dan Gallagher
  
  Apples largest business is struggling, while the company is also losing ground in China and seems to have completely missed Big Techs AI party. That might make now a good time to buy the stock.
  

• --ARC Independent Research Raises Alphabet's Price Target to $210 From $175, from 5 hours ago by MT Newswires

  5 hours ago by MT Newswires
  Companies Mentioned: GOOGL, GOOG
  11:14 AM EDT, 04/29/2024 (MT Newswires) -- (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contac...

• Alphabet's Google Reportedly Asks Federal Court in Virginia to Toss Antitrust Case, from 7 hours ago by MT Newswires

  7 hours ago by MT Newswires
  Companies Mentioned: GOOGL, GOOG
  09:38 AM EDT, 04/29/2024 (MT Newswires) -- Alphabet's (GOOG, GOOGL) Google unit on Friday asked a federal court in Virginia to toss an antitrust case filed against the company by the US government, media outlets reported. Google said that the case ...