The Investment Committee discusses the resurgence in tech and Alphabet's climb to a $4 trillion market cap. They debate what it means for the broader market and your money.
Alphabet expands its generative AI footprint with Nano Banana Pro, boosting image tools, search features and cloud momentum amid rising competition.
Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) shares fell 4.5% on Tuesday amid investor worries over rising competition in the artificial intelligence (AI) chip market. Investors are weighing reports that Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) is considering using Google's AI chips instead of Nvidia's, raising concerns about potential market share shifts in the fast-growing AI sector.
These undervalued wide-moat stocks of popular brands make great gifts for others—or for yourself.
Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) is in talks with Alphabet Inc (NASDAQ:GOOG)'s Google to spend billions of dollars on Google's custom AI chips called tensor processing units (TPUs) in its data centers starting in 2027, according to a report from The Information. Meta currently relies on Nvidia chips but may begin renting TPUs from Google Cloud as early as 2026 to test the technology before broader deployment, per the report.
After surging 16% since the beginning of November, shares of Alphabet look like they have plenty more room to run. That means the other “Magnificent Seven” names need to watch out.
It's been an eventful month for the Magnificent Seven and the state of the AI trade, to say the least.
Alphabet (GOOG) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Recently, Zacks.com users have been paying close attention to Alphabet (GOOGL). This makes it worthwhile to examine what the stock has in store.
Meta is reported to be in talks to spend billions on Google's AI chips in data centers in 2027 and may also rent chips from Google's cloud division next year. Tom Mackenzie reports on Bloomberg Television.
Shares in Alphabet Inc (Nasdaq: GOOG), the company better known as Google, are rising again in premarket trading today.
Alphabet ( NASDAQ:GOOG )( NASDAQ:GOOGL ) has been on a rocket ride this year, and its market capitalization recently crossed $3.62 trillion, overtaking Microsoft ( NASDAQ:MSFT ) to claim the title of third largest company globally.