Alphabet hits a milestone as it closes in on Nvidia
Alphabet added a record $421 billion to its market cap as massive cloud growth and AI momentum sent shares soaring.
Alphabet added a record $421 billion to its market cap as massive cloud growth and AI momentum sent shares soaring.
Investors are panning upbeat results from Western Digital and Sandisk after massive one-year stock rallies.
“I will continue to serve as a governor for a period of time to be determined,” the outgoing Federal Reserve chair said Wednesday.
“I do not have any inheritance from anyone coming my way as I lost most of my immediate family when young.”
Yes, the S&P 500 has powered back into record territory. But its equal-weighted sibling is still languishing below its previous peak.
With the cloud narrative now better understood, Microsoft has an opportunity to refocus investors around software and dispel negative sentiment.
Management highlights the “first quarter of significant revenue growth in 19 quarters.” But the stock is still well below its meme-stock-era highs.
The company is reportedly developing chips for OpenAI.
It’s a historic Wednesday for Wall Street as Alphabet, Amazon, Microsoft and Meta report alongside Jerome Powell’s final press conference
Sen. Thom Tills said Sunday he’s ready to support the confirmation of Kevin Warsh as the new chair of the Federal Reserve, now that the Justice Department has dropped its criminal case against outgoing Chair Jerome Powell.