Google (NASDAQ:GOOG) (NASDAQ:GOOGL) is challenging a record €4.3 billion ($4.5 billion) antitrust fine imposed by Europe's top court in 2018, arguing that the penalty punishes the company for its innovation.
Markets are panicking as AI stocks sell off due to DeepSeek's cost-effective advancements, but this is bullish for long-term AI innovation.
AUSTIN, Texas - Oracle (ORCL), a prominent player in the software industry with a market capitalization of $453 billion, and Google (NASDAQ:GOOGL) Cloud have announced a significant expansion of their regional presence,
Google's growing cloud business prompted the analysts at Needham to increase its revenue estimates for fourth quarter 2024 as well as fiscal years 2025 and 2026. Read more here.
Google (NASDAQ: NASDAQ:GOOGL) announced the launch of Meridian, an open-source marketing mix model (MMM). Meridian is designed to assist marketers and data scientists in making intelligent, data-driven decisions when measuring outcomes across different channels.
Oracle (NYSE:ORCL) and Google Cloud (NASDAQ:GOOG) (NASDAQ:GOOGL) have added new capabilities to their joint Oracle Database@Google Cloud solution. The solution enables creation of new cloud applications using Oracle Database or migrating existing Oracle databases and applications to Google Cloud with integrated cloud purchasing and management.
Investing.com - Nasdaq futures inched up on Tuesday, after a steep sell-off in technology stocks in the prior session that stemmed from concerns over the impact of the success of Chinese firm DeepSeek’s low-cost AI model on Big Tech spending plans.
In a recent development, IAC Inc. (NASDAQ:IAC), a leader in media and Internet with a market capitalization of $3.65 billion, has amended its existing services agreement with tech giant Google (NASDAQ:GOOGL).
Google has agreed to acquire a part of HTC’s extended reality (XR) business for $250 million following the recent launch of its Android XR platform. The deal involves transferring some of the HTC VIVE engineering staff to Google and granting non-exclusive intellectual property rights.
The S&P 500 and the Nasdaq dropped on Monday, as the surging popularity of a low-cost Chinese artificial intelligence model knocked shares of chipmaker Nvidia and other companies benefiting from investments into the technology.
Google's significant investment in AI, particularly the Gemini AI, aims to surpass competitors. See why I reiterate my buy rating on GOOG stock.
Tsai Capital, an investment management company, released its fourth quarter investor letter. A copy of the letter can be downloaded here. Tsai Capital celebrated 25 years track record in 2024.