News with the tag "alphabet"

Niantic, the game studio behind Pokemon Go, is reportedly in talks to sell its entire gaming portfolio to Saudi-owned Scopely for $3.5 billion. The deal will see the Saudi-backed gaming outfit add to its rapidly expanding portfolio and increase its influence on the gaming scene. Niantic, the Pokemon...

The dollar’s rise is threatening to reclaim S&P 500 tech and AI stocks’ two-year profit growth. So far, the US currency has risen by almost 7% from September, drawing closer to its highest levels since November 2022. Analysts have raised concerns that the dollar’s growing strength may dampen multina...

US stocks rallied on Tuesday after President Donald Trump temporarily paused tariffs on Mexico and Canada, but not on China, which gave Wall Street a break from escalating trade tensions and helped major indexes snap a two-day losing streak. The S&P 500 saw a 0.72% increase, the Dow Jones Industrial...

The U.S. is under immense pressure to maintain its dominance in developing Artificial intelligence. Alphabet’s Chief Investment Officer, Ruth Porat, emphasized that China is challenging the U.S.’ position, and maintaining dominance is not guaranteed. Speaking on the sidelines of the World Economic F...

Artificial Intelligence companies such as OpenAI, Google, Alphabet Inc., Moonvalley, and others are paying content creators thousands of dollars for their unused digital content. The unique footage is then used to train AI models. With the rise of AI, concerns have emerged about the unauthorized usa...

Can artificial intelligence make human analysts irrelevant? That’s the question on everyone’s mind as AI models completely revolutionize investment research. Byron Wien, a market strategist who defined the 1990s, believes the best research comes from bold, non-consensus ideas that prove correct. Now...

A sophisticated phishing campaign has been uncovered, targeting users of the Pudgy Penguins NFT project through malicious Google Ads. The attack uses advanced mechanisms to exploit vulnerabilities in Web3 wallets and ad networks, exposing unsuspecting users to significant risks. Researchers, includi...

Prediction markets have gone ballistic. Kalshi, one of the sharpest platforms out there, says there’s now a 77% chance that one of the Magnificent 7 companies (Apple, Amazon, Meta, Microsoft, Tesla, Nvidia, or Alphabet) will take the plunge and buy Bitcoin in 2025. A few months ago, those odds were ...

Google has flipped the script. After months of being dragged through the mud for losing its early advantage in artificial intelligence, the tech giant has returned with guns blazing. Its December rollout of new AI models and tools has sent investors into a frenzy, pushing Alphabet’s stock to a recor...

The Kingdom of Saudi Arabia is planning a $100 billion investment into an AI project called Project Transcendence. According to a Bloomberg report, the Saudi technology hub will build AI infrastructure and attract talent. The project is part of the Kingdom’s 2030 vision and is directly competing wit...