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Zacks News
Alphabet is one of the most innovative companies in the modern technological age. Over the last few years, the company has evolved from primarily being a search-engine provider to cloud computing, ad-based video and music streaming, autonomous vehicles, healthcare providers and others. In the online search arena, Google is a monopoly with more than 94% of the online search volume and market. Over the years, the company has witnessed increase in search queries, resulting from ongoing growth in user adoption and usage, primarily on mobile devices, continued growth in advertiser activity, and improvements in ad formats. The company is gaining market share in the cloud-computing, driven by continued strength in Google Cloud Platform and G Suite offerings.
New Strong Buy Stocks for June 20th
by Tirthankar Chakraborty
Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List for Tuesday
The Zacks Analyst Blog Highlights: PowerShares QQQ Trust, Technology Select Sector SPDR Fund, Western Digital, Alphabet and Applied Optoelectronics
by Zacks Equity Research
The Zacks Analyst Blog Highlights: PowerShares QQQ Trust, Technology Select Sector SPDR Fund, Western Digital, Alphabet and Applied Optoelectronics
How China's Intense Business Climate Impacts Foreign Companies
by Zacks Research Staff
Strengthening of the Chinese consumer market has enhanced the business environment for many companies in the region. Although many domestic firms are growing exponentially, many foreign companies have had difficulty penetrating the market.
Dow 30 Stock Roundup: GE Appoints Flannery as CEO; UTX, CAT Hike Dividends
by Swarup Gupta
The Dow notched up successive record gains during a week marked by losses for tech stocks
Is the Tech Rout Overstated? Buy 3 Stocks & ETFs on the Dip
by Sanghamitra Saha
Why investors should look past the tech turmoil and buy these stocks and ETFs.
Alphabet's Google Coming Up with a Convenient Backup Tool
by Zacks Equity Research
Alphabet Inc. (GOOGL) owned Google will launch a backup and sync tool on Jun 28.
How to Short Technology Stocks with ETFs
by Sweta Killa
The hot and soaring technology sector, which has been a favorite destination for investors this year, has started to lose steam on overvaluation concerns.
Facebook to Make Use of AI Technology to Tackle Terrorism
by Zacks Equity Research
For some time now, Facebook and a host of other social media companies have been under government and law enforcement agencies' scrutiny for their inability to contain the spread of terrorism.
Stock Market News for June 16, 2017
by Zacks Equity Research
Shares of technology stalwarts continued to decline, sending the broader markets down on Thursday
Fiserv's Monitise Acquisition Faces Shareholder Hurdle
by Zacks Equity Research
Fiserv Inc's (FISV) plan to acquire Monitise has suffered a setback after a top shareholder of the British financial services technology firm announced that it would vote against the deal.
Equinix to Offer Alibaba Cloud Services via IBX Data Centers
by Zacks Equity Research
Equinix Inc. (EQIX) recently got a contract from the cloud computing arm of Alibaba Group (BABA), Alibaba Cloud, wherein it will offer the latter's cloud services via its International Business Exchange (IBX) data centers.
New Strong Buy Stocks for June 15th
by Tirthankar Chakraborty
Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List for Thursday
Technology Stock Roundup: AAPL, GOOGL, AMZN, FB, WDC
by Sejuti Banerjea
Apple's (AAPL) WWDC event for developers and Alphabet (GOOGL) joining Amazon (AMZN) in the $1000 club were the top news stories from last week.
Apple (AAPL) Gets Greener with $1 Billion Bond Issuance
by Zacks Equity Research
Apple Inc. (AAPL) has issued a new $1 billion green bond to ramp up its renewable energy and environmental efforts.
Stock Market News for June 14, 2017
by Zacks Equity Research
Technology shares staged a recovery on Tuesday, lifting benchmarks higher
Verizon Communications (VZ) to Launch Oath Post Yahoo Buyout
by Zacks Equity Research
Verizon Communications (VZ) completed its deal to acquire the core businesses of the Internet-company, Yahoo! Inc., for $4.48 billion. The deal will create a major player in the mobile media and advertising space.
CenturyLink Teams with Cisco for Managed Enterprise Services
by Zacks Equity Research
CenturyLink Inc. (CTL) has decided to offer managed enterprise services in association with Cisco Systems Inc.'s (CSCO) subsidiary, Cisco Meraki.
Apple (AAPL) CEO Says Self-Driving Car AI Project Underway
by Zacks Equity Research
Confirming longstanding rumors, Apple Inc's (AAPL) CEO Tim Cook, while talking to Bloomberg last week, stated that the company was indeed working on a self-driving car technology AI (artificial intelligence) project.
Tech Stocks Bounce Back, Help Wall St. Indexes Reach New Highs
by Benjamin Rains
Technology industry stocks rebounded on Tuesday, just one day after a brief downturn in the sector which has dominated both headlines and portfolios so far this year. The almost immediate jump back from tech stocks also helped major Wall Street indexes pop.
Uber CEO Travis Kalanick Takes Leave, Return Date Unknown
by Madeleine Johnson
On Tuesday, Travis Kalanick, the chief executive officer of ride-hailing giant Uber Technologies Inc., announced that he will be taking a leave of absence. He did not reveal a date in which he would return to the controversy-ridden company.
All Eye On Federal Open Market Committee
by Zacks Equity Research
All Eye On Federal Open Market Committee
Stock Market News for June 13, 2017
by Zacks Equity Research
The Nasdaq recorded its biggest two-day decline since December, sending broader markets lower on day
Smooth Sailing This Week - But What About Tech?
by Mark Vickery
There is nothing in the headlines that might point one way or another to the near-term fortunes of the tech sector.
Google Settles Tax Dispute with the Government of Indonesia
by Zacks Equity Research
Alphabet Inc.'s (GOOGL) Google has reached a tax settlement for 2016 with the government of Indonesia.
The Zacks Analyst Blog Highlights: Apple, Facebook, Amazon, Microsoft and Alphabet
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Apple, Facebook, Amazon, Microsoft and Alphabet