Come for the comments about AI. Stay for the earnings call. That will most likely be the pattern of big tech earnings over the next two weeks as companies prioritize technology over financial reporting. It was the case when Meta reported Wednesday (April 24). And...
Google is consolidating the teams that focus on building artificial intelligence (AI) models across Google Research and Google DeepMind. All this work will now be done within Google DeepMind, Sundar Pichai, CEO of Google and Alphabet, said in a note to employees posted on the company’s website Thursday (April 18). Pichai...
Canada’s Parliament is considering a tax on digital services revenue that would impact the world’s biggest tech companies. The legislation would cover companies’ digital services revenue made from Canadian users, imposing a 3% tax on the revenue above 20 million Canadian dollars (about $14.5 million),...
Alphabet’s stock is reportedly headed toward a $2 trillion market value, driven by investors becoming more optimistic about the company’s strategy in the artificial intelligence (AI) field. Reaching the $2 trillion milestone would be a record for the tech company and would place it among...
July 02, 2023
June’s over, and thus far, two quarters in, the year’s been notably strong for the CE 100 Index. All indices were in the black, again, this past week, continuing a string of positive performances. And it was the Move sector, this time around — with a sanguine outlook on travel spending — that, well, helped […]
May 15, 2023
Just a few years back, “every company” was going to be a FinTech company. Now, artificial intelligence (AI) capabilities are the future-fit infrastructure integration du jour, as generative solutions enter...
April 10, 2023
Short sellers — who profit when stocks decline — held sway this past week. The CE 100 Stock Index slipped 2.2% as only one pillar gained ground in a holiday-shortened...
March 20, 2023
No surprise – this past week was all about the banking sector. Investors fled banks, worried about how bad the contagion would get in the wake of the collapses of...
May 09, 2024
Google parent company Alphabet is reportedly in continuing talks with HubSpot about acquiring that company. The companies have discussed the potential terms of a deal, although the deliberations are ongoing, there is no certainty the two companies will come to an agreement, and another potential buyer could emerge, Bloomberg reported Thursday (May 9), citing unnamed sources. Neither Alphabet nor HubSpot immediately replied to […]
April 18, 2024
Google is consolidating the teams that focus on building artificial intelligence (AI) models across Google Research and Google DeepMind. All this work will now be done within Google DeepMind, Sundar Pichai, CEO of Google...
April 17, 2024
Canada’s Parliament is considering a tax on digital services revenue that would impact the world’s biggest tech companies. The legislation would cover companies’ digital services revenue made from Canadian users,...
April 11, 2024
Alphabet’s stock is reportedly headed toward a $2 trillion market value, driven by investors becoming more optimistic about the company’s strategy in the artificial intelligence (AI) field. Reaching the $2...
