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"It seems like there hasn't been an 'awe dropping' event in nearly a decade" for Apple (AAPL), says Ross Gerber. He says part of the issue around Apple's annual product event is that it needs to boost the battery life on their new iPhones to support new features the company adds to its hardware.
Alphabet Inc.'s DOJ trial outcome is a major positive, removing a key overhang and requiring only manageable remedies that don't threaten Alphabet Inc.'s core business. Google's valuation remains attractive, trading at market multiples despite superior growth, profitability, and a strong balance sheet with $53bn net cash. Momentum in advertising, YouTube, cloud, and AI (Gemini, quantum) supports further upside, and I expect the valuation gap with Meta to narrow.
Alphabet's Google Meet was down for thousands of users in the U.S. on Monday, according to tracking website Downdetector.com.
Alphabet, Inc. GOOG GOOGL reported an incident affecting Google Meet on Monday afternoon.
The Investment Committee give you their top stocks to watch for the second half.
Advertising exchange PubMatic has filed a lawsuit against Google, accusing the tech giant of illegally monopolizing the ad technology market. PubMatic is seeking billions of dollars in damages, according a report from Bloomberg.
On August 28, Andrew Slimmon, a senior portfolio manager at Morgan Stanley, said in an interview with CNBC that the future for stocks is looking “very bright”.
Famous tech analyst Gene Munster, did some simple math. If a new compensation package for founder and CEO Elon Musk can hit $1 trillion over the course of 10 years, Tesla (NASDAQ: TSLA) will be worth $8.5 trillion in the tenth year.
After hitting an all-time high of $525.15 in February, AppLovin Corp.'s (NASDAQ: APP) share price tumbled more than 35% due to a pending class action lawsuit and to short seller reports.
Amazon.com Inc. (NASDAQ: AMZN) has been one of the stock market's biggest success stories ever.