Anat Ashkenazi, a long-time Eli Lilly and Company executive, has been appointed as the new Chief Financial Officer of Alphabet Inc. and Google, effective July 31. She will be taking over from Ruth Porat, who has been promoted to the role of President and Chief Investment Officer of Alphabet and Google. Ashkenazi has been with … Read more
The landscape of top global companies has shifted dramatically in the last two decades, with a notable acceleration in recent times. In 2004, General Energy and ExxonMobil reigned as the largest companies by market capitalization, valued at $319 billion and $283 billion, respectively. Fast forward to today, and tech companies have taken over the throne. … Read more
Broadcom, a semiconductor specialist, is experiencing significant growth due to the rising adoption of artificial intelligence systems. The landscape of top companies in the world has shifted towards technology dominance, with companies like Microsoft, Apple, and NVIDIA leading the market. Broadcom, with a market capitalization of approximately $650 billion, is working to join this elite … Read more
Zacks.com has released the Analyst Blog featuring stocks like Amazon, Microsoft, Alphabet, and Salesforce. Amazon’s cloud computing arm, AWS, is showing strong customer momentum and revenue growth, with partnerships like NinjaTech AI boosting its portfolio. AWS’s Trainium and Inferentia2 chips are driving efficiency and reliability, while new innovations like Amazon Bedrock are enhancing generative AI … Read more
Zacks.com has released a list of stocks featured in the Analyst Blog, including Amazon, Microsoft, Alphabet, and Salesforce. Amazon’s cloud computing arm, Amazon Web Services (AWS), has seen strong customer momentum, leading to a 20.4% increase in Amazon’s shares this year. The recent partnership of NinjaTech AI with AWS showcases the company’s commitment to innovative … Read more
Warren Buffett’s Berkshire Hathaway has been a major player in the investing world for over five decades, achieving impressive returns for its investors. Starting as a textile company on the verge of failure, Buffett transformed Berkshire into a holding company with investments in various successful businesses. Berkshire’s portfolio includes well-known companies like Apple, Coca-Cola, and … Read more
Alphabet Inc., the parent company of Google, is currently in discussions to potentially acquire HubSpot Inc., a $31 billion American marketing software company. This move could greatly enhance Google’s ability to compete with Microsoft Corp. in the cloud-based application market, according to analysts and investment bankers. Google is already offering competition to Microsoft’s Office platform … Read more
Alphabet, a major investment company overseeing more than $2.5 billion in assets, made significant changes to its portfolio in the March quarter. They reduced their stake in cybersecurity specialist CrowdStrike Holdings by a third and halved their position in medical device company DexCom. Additionally, Alphabet nearly quadrupled its stake in DevSecOps software developer GitLab, making … Read more
The American economy has a longstanding tradition of creating some of the most valuable companies in the world. Companies like United States Steel, General Motors, General Energy, and Apple have all achieved billion-dollar valuations at various points in history. Today, tech giants like Microsoft, Amazon, Alphabet, Metaplatforms, and NVIDIA are part of the billion-dollar club, … Read more
Goldman Sachs analyst Eric Sheridan has reiterated a Buy rating on Alphabet Inc (GOOG, GOOGLE) with a price target of $195. Sheridan highlighted Google’s recent Marketing Live keynote where the company outlined its vision for launching AI tools and services in the digital advertising space. Google is exploring how AI can enhance return on ad … Read more