Catenna, Tuesday, March 18, 2025- Google’s parent company Alphabet is in advanced negotiation stages to buy Israeli cybersecurity company Wiz with an offer of more than $30 billion, Reuters reported on Tuesday, marking its largest potential acquisition. The deal hasn’t been signed and could still change, the person familiar with the development has told Reuters. […]
Catenaa, Friday, April 25, 2025- Google parent company Alphabet beat wall street estimates by recording a revenue of $90 billion as ads, subscriptions, platforms, and devices recorded double digit growths. Alphabet’s revenue increased by 12% year over year in the first quarter to $90.2 billion, whereas the wall street estimated a revenue of $89.1 billion. […]
Catenaa, January 05, 2025 – Alphabet Inc. posted stronger-than-expected fourth-quarter earnings but missed revenue estimates, the company announced Friday. The tech giant reported earnings of $2.15 per share, surpassing analyst expectations by $0.03. However, revenue came in at $96.47 billion, slightly below the projected $96.7 billion. Despite the revenue miss, Alphabet’s stock has surged, gaining […]
Catenaa, Tuesday, June 03, 2025- Alphabet stock could drop between 15% and 25% if US District Judge Amit Mehta orders Google to sell off its Chrome browser, Barclays said. Barclays analyst Ross Sandler wrote in a Monday note that “the probability of a Chrome divestiture, while low, has increased in our view,” following the closing […]
Catenaa, Thursday, April 03, 2025- The Magnificent Seven stocks all fell on Thursday following the Trump Administration announcement of reciprocal tariffs, with Apple faring worst of all. The iPhone maker’s shares dropped 8% by mid-day after President Donald Trump late Wednesday imposed an 34% import tax on China, where Apple manufactures about 90% of its […]
Catenaa, Friday, May 23, 2025- Nvidia’s rise to center stage has been fueled by the spending of its fellow members of the so-called Magnificent Seven on chipmaker’s AI chips, Bloomberg said. Bloomberg estimates show that Microsoft is the largest driver of Nvidia’s revenue, followed by Meta, Amazon, and Google parent Alphabet, while Tesla is Nvidia’s […]
Catenaa, Monday, July 21, 2025- The S&P 500 and tech-heavy Nasdaq touched all-time highs on Monday, as investors hoped for trade breakthroughs and geared up for a week of tech earnings that could set the tone for US stocks. The S&P 500 gained 18.34 points, or 0.29%, to 6,315.13 and the Nasdaq Composite gained 110.40 […]
Catenaa, Monday, June 23, 2025- Tesla stocks gained about 10% on Monday after its driverless Robotaxi finally hit the road over the weekend. The EV giant debuted autonomous rides in Austin, Texas, on Sunday, opening the service to a limited number of riders by invitation only. CEO Elon Musk said in a post on the […]
Catenaa, Thursday, July 17, 2025- Uber will invest $300 million in EV maker Lucid in a robotaxi deal that aims to take on Tesla and Waymo, the companies said on Thursday. Over six years starting in 2026, Uber will acquire and deploy over 20,000 Lucid Gravity SUVs that will be equipped with autonomous vehicle (AV) […]