Alphabet Inc (GOOG)
Google buys part of HTC's XR business for $250 million
Google has agreed to acquire a part of HTC's extended reality (XR) business for $250 million, expanding its push into virtual and augmented reality hardware following the recent launch of its Android XR platform.
Taiwan's HTC to sell part of XR unit to Google for $250 mln
Taiwan's HTC said on Thursday it will sell part of its extended reality (XR) unit to Google for $250 million, with some members of the Taiwanese company joining the U.S. one.
Google releases free Gemini 2.0 Flash Thinking model, pressuring OpenAI's premium strategy
Google challenges OpenAI with free Gemini 2.0 Flash Thinking model, offering million-token processing, native code execution, and breakthrough performance in math and science benchmarks.
Google: Rule Of 40 Still Points To Buy
Applying the rule of 40 on GOOG shows an Internet powerhouse offering a well-rounded package of growth, profitability and also value. GOOG consistently surpasses the Rule of 40, with a current score of 42.8, showcasing an excellent balance of growth and profitability. Valuation may seem off-putting in absolute terms or when compared to the sector average.
Google wins UK injunction over YouTube block on Russian broadcasters
Google on Wednesday won an injunction from London's High Court to prevent the enforcement of Russian judgments against the U.S. tech giant over the closure of various Google and YouTube accounts.
Anthropic reportedly secures an additional $1B from Google
Anthropic has reportedly raised around $1 billion from Google as the AI company looks to deliver a number of major product updates this year.
Google Deepens Anthropic Partnership With New $1 Billion Investment
Google is reportedly investing more than $1 billion into artificial intelligence (AI) firm Anthropic. The tech giant had already given Anthropic around $2 billion and is now upping its stake in the company as it races to bolster its AI offerings, the Financial Times (FT) reported Wednesday (Jan.
Google hit with $12.6M fine in Indonesia for monopolistic practices in payment system
Indonesia's antitrust agency KPPU fined Google 202.5 billion Rupiahs, equivalent to $12.6 million, on Wednesday for antitrust violation related to its payment system services for the Google Play Store.
Google Stock Near All-Time Highs And A Top Holding Pre-Q4, But This Is A Bad Entry Point (Rating Downgrade)
Google's Q4 2024 revenue will likely benefit from AI innovations (Gemini), 30%+ Google Cloud growth, and over $50B in YouTube subscription revenue over the last 12 months. Using a conservative $600B revenue forecast, 31% net margin, and P/E of 22.5, GOOGL's 2030 price target is $370, implying a 13% CAGR from its current $200 price. Antitrust risks and competitive pressures in AI markets persist. With expected 5-year returns slightly above market averages, GOOGL remains a Hold under a 15% annual return threshold.
Google pours another $1bn into Claude owner Anthropic
Google is deepening its partnership with artificial intelligence developer Anthropic by investing an additional $1 billion, adding to over $2 billion already committed. This move increases the Alphabet Inc-owned (NASDAQ:GOOG) search giant's stake in Anthropic, known for its Claude AI models, which compete with OpenAI's GPT.
Google invests $1 bln in OpenAI rival Anthropic, FT reports
Google is making a fresh investment of more than $1 billion into OpenAI rival Anthropic, the Financial Times reported on Wednesday.
Alphabet Inc. (GOOG) Laps the Stock Market: Here's Why
The latest trading day saw Alphabet Inc. (GOOG) settling at $199.63, representing a +1.05% change from its previous close.
