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Google said Monday that it will buy power from nuclear energy company Kairos Power. Tech companies are increasingly turning to nuclear energy to meet data centers' growing power demands.
Startup Kairos Power plans to build smaller nuclear reactors to help power Google data centers, marking the first commitment to build such reactors in the U.S.
Alphabet's stock has seen recent downside volatility, recently pulling back to support levels, presenting a strong buying opportunity ahead of its next earnings report. Alphabet's Q2 earnings exceeded expectations with $1.89 per share and $84.74 billion in revenue, but YouTube's ad revenue fell short of estimates. Alphabet's forward P/E ratio of 21.5x is attractive compared to other Mag 7 companies, suggesting the stock is undervalued and has room to grow.
Former SEC Chairman Jay Clayton joins 'Squawk Box' to discuss news of DOJ considering a possible breakup of Google as an antitrust remedy following the court's monopoly ruling, what a potential breakup would look like, what the appropriate response should be, and more.
As Alphabet (NASDAQ: GOOGL) navigates an operational environment dominated by legal uncertainty stemming from antitrust issues, some analysts on Wall Street view this aspect as bearish for the company, leading to a recent adjustment of the firm's stock.
Google is seeking a stay on a federal judge's order that could drastically reshape its Android app store operations. The tech giant filed a request with the California federal court, arguing that the injunction would create “serious safety, security, and privacy risks” in the Android ecosystem if it takes effect on Nov. 1.
There are plenty of great companies to buy before the calendar flips to 2025.
Google wants to pause a ruling requiring it to open its Play Store to rivals. The tech giant argues that U.S. District Judge James Donato's injunction order from earlier this month would hurt its business and bring “serious safety, security and privacy risks into the Android ecosystem,” Reuters reported Saturday (Oct.
Google is facing new competition in the advertising market as AI transforms the industry. Google's search ad market share in the US could fall below 50% for the first time in a decade.
Payne Capital Management President Ryan Payne and Bullseye American Ingenuity Fund portfolio manager Adam Johnson on the potential economic impact of Hurricane Milton and the potential for the DOJ to separate Google. https://bit.ly/2D9Cdse Watch more Fox Business Video: https://video.foxbusiness.com Watch Fox Business Network Live: http://www.foxnewsgo.com/ FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street.