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The Latest Breaking News from Alphabet

Wiz CEO lauds company's good timing as Alphabet reportedly prepares $23 billion bid

Wiz CEO Assaf Rappaport made a timely appearance at Fortune Brainstorm Tech yesterday.

Fortune

The CEO of Wiz, reportedly exploring a $23B acquisition with Alphabet, says cybersecurity consolidation is ‘truly in its infancy’

In his first public comments since reports of the Alphabet deal emerged, Wiz CEO and cofounder Assaf Rappaport said that the "dream" of an IPO has changed and founders see other options.

Fortune

3 Best-in-Class Stocks That Billionaires Love to Buy and Hold

These top-tier tech stocks, boasting robust double-digit gains over the past year, are billionaires' favorites, as evidenced by their increased holdings in Q1 2024.

Barchart

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The 'Magnificent Seven' have dragged the S&P to record highs. Will the moniker remain relevant?

Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla accounted for half of the S&P 500’s total gains last year, according to Morgan Stanley.

Fortune

Analysts Say 3 Magnificent 7 Stocks Will Beat The Rest

It's tempting to think of the Magnificent 7 as a group of stocks that moves in lockstep. That's not true, analysts say.

Investors Business Daily

Alphabet Eyes $23B Acquisition Of Cybersecurity Startup Wiz Amid Regulatory Scrutiny

The transaction, primarily financed in cash, could be finalized soon.

International Business Times

Google Near $23 Billion Deal For Cybersecurity Startup Wiz

Google-parent Alphabet is close to a deal to buy cybersecurity startup Wiz for $23 billion, its largest ever. Google stock was roughly flat.

Investors Business Daily

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AI Is Fueling A 'Nuclear Renaissance.' Bill Gates And Jeff Bezos Are In The Mix.

Artificial intelligence has investors buzzing about new nuclear power plants. Sam Altman, Bill Gates and Jeff Bezos all play a role.

Investors Business Daily

Tesla And Nvidia Investors Dangerously Delude Themselves

Stock prices anticipate the future. But such wishful thinking is reaching some extreme levels in the S&P 500.

Investors Business Daily

The Magnificent 7 stocks may soon yield to the 'Other 493'

"Growth is broadening out and so should the market."

Fortune

Congress Members Of Both Parties Make A Fortune Trading One Stock

Congresspeople are allowed to trade stocks — and some of their S&P 500 picks do rather well. Luckily, there's a way to cash in, too.

Investors Business Daily

HubSpot Shares Tumble As Alphabet Walks Away From Acquisition Talks

Shares in HubSpot tumbled as Alphabet ended acquisition talks. Google stock hit a new all-time high in intraday trading.

Investors Business Daily

Michigan’s “Smart Highway” Could Pave The Way For The Rest Of The US

Alphabet-backed startup Cavnue is rolling out America’s first “smart highway” in Michigan that alerts drivers and authorities about road conditions miles ahead.

RideApart

One Tech Company Outspends Apple, Nvidia On The Next Big Thing

Amazon.com may not be a $3 trillion company in the S&P 500 yet. But it's already spending to find the next big thing like one.

Investors Business Daily

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Latin Times

AI Boom Reshapes Wall Street As TSMC Joins Trillion-dollar Club

The top ten of the world's most valuable companies is headed by Microsoft and Apple, closely followed by AI chip designer Nvidia.

International Business Times

AI Boom Reshapes Wall Street As TSMC Joins Trillion-dollar Club

The entry of Taiwanese chip giant TSMC into the elite club of the world's most valuable companies is further proof that the generative AI revolution is shaking up Wall Street.

Fortune

Nvidia will win the race to a $4 trillion market cap—but the long-term big tech battle might be different, experts say

“I think, a year from now, we [will] have three $4 trillion market cap companies: Nvidia, Apple, Microsoft,” Wedbush tech analyst Dan Ives told Fortune.

Tom’s Hardware

China beat the U.S. in generative AI patents by 6-to-1 for the past ten years — almost 10,000 Chinese patents filed last year alone

China has more patents than the six top nations in generative AI research.

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Kiplinger

The Top-Performing Actively Managed Funds of the Last Decade

These are the actively managed funds that have performed best over the last decade.

Fortune

Walmart had a new headache with its drone deliveries: gun owners shooting them out of the air

A Florida man shot a DroneUp vehicle owned by the box-big retailer last week as it flew above his home, according to the Lake County Sheriff's Office.

Investors Business Daily

'Other Bets' Startup Mineral Bites The Dust In Google Cost Cutting Move

Alphabet said it's shuttering agricultural startup Mineral, one of its "Other Bets" ventures, in a cost-cutting move for Google stock.

Investors Business Daily

Palantir Spearheads This Brigade Of Breakout Stocks

Palantir stock, Google stock, CrowdStrike and Netflix lead the latest IBD Breakout ETF list of breakout stocks to watch.

Investors Business Daily

Microsoft Snags One Crown, Snatches Another From Nvidia

Microsoft stock topples Nvidia on the latest list of new buys by top funds as 13 names make the billion-dollar club.

Investors Business Daily

As Magnificent Seven Struggle, Alphabet Finds Support At 200-Day Line. Is Google A Buy?

A Google stock catalyst could be cloud computing leader Thomas Kurian's appearance at a Goldman Sachs tech conference on Sept. 10.

The Guardian - US

Google’s biotech company pulls out of Israel but says Gaza war not the reason

Exclusive: Verily says it is refocusing on core products and cutting costs three years after opening research centers in Haifa and Tel Aviv

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