Waymo will start offering robotaxi rides to people in its “Waymo One” early rider program in Mountain View, Los Altos, Palo Alto, and “parts of Sunnyvale” starting Wednesday, an expansion that will bring its footprint in Silicon Valley to 27 square miles.
With the markets selling off a bit, investors should examine which dominant stocks are good bargains. Much of the fear driving the sell-off is a potential trade war triggered by President Donald Trump's tariffs (or threat of tariffs).
Growing adoption of artificial intelligence (AI) remains an attractive long-term opportunity for investors. AI promises to bring substantial increases to productivity that could add an estimated $6.6 trillion to the global economy by 2030, according to PwC.
More nuclear power has to be part of the U.S. energy mix, Alphabet Chief Investment Officer Ruth Porat said. But the U.S. needs to move as soon as possible to slash the costs that have plagued new nuclear projects, Porat said.
Shares of major tech and artificial intelligence (AI) stocks are falling today, as fears over slower economic growth and President Donald Trump's tariffs continue to take center stage. The Nasdaq Composite (^IXIC -3.37%) has now fallen into correction territory and is down roughly 11.8% since Feb. 18.
Shares of Google parent Alphabet plunged nearly 5% early Monday in the first trading session since President Trump's Justice Department confirmed it is seeking a breakup of the online search giant's monopoly. DOJ attorneys formally asked US District Judge Amit Mehta to force Google to sell off its Chrome web browser.
The Department of Justice dropped its case for Alphabet (GOOGL) to divest all A.I. investments.
Alphabet Inc‘s GOOGL GOOG Google is in ongoing antitrust battle with the Department of Justice (DOJ) and the case just took another turn as the DOJ filed a revised set of proposed remedies.
News of the DOJ's affirmation that Google needs to sell off its Chrome business, but keep strategic investments in A.I. companies has investors looking at the price action in Alphabet (GOOGL).
CNBC's Joe Kernen reports on the latest news.
Alphabet's accelerated AI rollouts, particularly Gemini 2.0, are expected to boost search engagement and ad revenue, with promising monetisation rates matching non-AI searches. YouTube's growth is bolstered by increased TV watch times and new subscription models, enhancing ad revenue and subscription growth, similar to Netflix's lower ad tier strategy. Despite initial Cloud growth concerns, the $75 billion of capex aims to resolve capacity constraints, which should drive market share gains and margin expansion through to FY28 and potentially beyond.
The Justice Department has dropped its bid to force Google to sell its artificial intelligence (AI) investments.