Alphabet (GOOGL) Thrives on Robust Google Services Division

Alphabet (GOOGL) Thrives on Robust Google Services Division

Alphabet’s stock has seen a 25.5% increase in value this year, outpacing industry growth due to strong performance in its services segment driven by Search, YouTube, Android, Pixel, and web apps. Revenue from Google’s services business increased by 13.6% in the first quarter of 2024 to $70.4 billion, making up 87.4% of total revenue. Google … Read more

Nvidia and Tech Stocks Drive Nasdaq 100 to New High; Solar Sector Thrives, Meme Stock Bubble Pops: Recap of the Market This Week – AMC Entertainment (NYSE: AMC)

Nvidia and Tech Stocks Drive Nasdaq 100 to New High; Solar Sector Thrives, Meme Stock Bubble Pops: Recap of the Market This Week – AMC Entertainment (NYSE: AMC)

Tech stocks on the Nasdaq 100, including Nvidia Corp., saw a surge to record levels this week, driven by Nvidia’s excellent earnings report. This marked the fifth consecutive week of gains for the Invesco QQQ Trust (QQQ), the longest streak since January. Shares of Nvidia rose over 9% following their first-quarter financial results, which showed … Read more