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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.
Will Spotify Stream Into an IPO in 2017?
by Madeleine Johnson
Launched in 2008 by entrepreneurs Daniel Ek and Martin Lorentzon, Stockholm, Sweden-based Spotify is one of the most popular streaming services on the market today. Many investors are wondering if--and when--Spotify will hit the market, but the company may surprise us all by how it makes its public debut.
Alphabet (GOOGL) Shares Hit $1,000, Joining Amazon
by Madeleine Johnson
On Monday, tech giant Alphabet Inc. (GOOGL) finally did it: shares of Google's parent company have soared past $1,000, doing so about a week after Amazon (AMZN) reached the same milestone. As of 10:59 AM EST, GOOGL stock is up 0.72%, or $7.19, to $1,003.44 a share.
Apple (AAPL) Stock Slumps Ahead of WWDC
by Ryan McQueeney
Shares of Apple (AAPL) slipped more than 1% in early morning trading Monday, just hours before the start of its annual Worldwide Developers Conference--an event that could reveal the first official details about the tech giant's next line of hardware.
5 Ways to Play Unstoppable Tech Rally with ETFs
by Sweta Killa
The sizzling technology sector is showing no signs of slowdown, pushing the Wall Street to multiple highs amid bouts of political and uncertainty.
Alphabet (GOOGL) Unveils Plans for "Landscraper" in London
by Zacks Equity Research
Alphabet Inc.'s (GOOGL) Google has submitted plans for its "landscraper" headquarters in London.
Apple's WWDC 2017 Kicks Off, Siri Speakers Hotly Anticipated
by Zacks Equity Research
Cupertino-based Apple Inc (AAPL) will begin its annual Worldwide Developers Conference on Monday at McEnery Convention Center in San Jose, CA.
IBM Extends Watson for Oncology in China, Partners Baheal
by Zacks Equity Research
International Business Machines Corp (IBM) recently inked a multi-year partnership with Baheal Pharmaceutical Group to extend the usage of Watson for treating cancer patients in China.
Amazon Prime Video to Premiere The Last Tycoon on Jul 28
by Zacks Equity Research
Amazon.com Inc. (AMZN) has scheduled the premiere of its prime-exclusive original one-hour drama series The Last Tycoon on Friday, Jul 28.
Summer Movies, Trump Pulls Out of Paris Deal, Amazon Beats Alphabet to $1,000
by Ryan McQueeney
On today's episode of the Zacks Friday Finish Line, Content Writer Ryan McQueeney and Editor Maddy Johnson take on this week's biggest stories, including the potentially weak summer movie schedule, Trump's decision to pull out of the Paris climate deal, and Amazon's victory in the race to $1,000.
Baidu Self Driving Car Gets Bosch and Continental On Board
by Zacks Equity Research
Baidu Inc. (BIDU) teams up with Bosch and Continental.
VMware (VMW) Beats on Q1 Earnings & Revenues, Guides Up
by Zacks Equity Research
VMware Inc. (VMW) reported first-quarter fiscal 2018 non-GAAP earnings of 72 cents per share, which beat the Zacks Consensus Estimate by 7 cents.
Tech Roundup: WDC-Toshiba Row, MSFT Surface, AAPL-NOK Settle
by Sejuti Banerjea
Western Digital (WDC) finally made an offer for Toshiba's memory unit, Microsoft (MSFT) updated its Surface Pro tablet and Apple (AAPL) settled long-standing disputes with Nokia (NOK) last week.
Will Uber Be the Hottest IPO of 2017?
by Madeleine Johnson
An IPO for Uber could be massive for both the company and Wall Street. It's currently valued at $68 billion after a total of nine rounds of funding worth $12.9 billion since its launch. Will the ride-hailing giant go public in 2017?
Amazon.com (AMZN) is the Newest Member of the $1000 Club
by Zacks Equity Research
Amazon.com, Inc. (AMZN) finally touched the coveted $1000 price milestone.
Why Is Alphabet (GOOGL) Up 11.4% Since the Last Earnings Report?
by Zacks Equity Research
Alphabet (GOOGL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Invest in Superstar Stocks with These ETFs
by Neena Mishra
Large multinational stocks are surging this year, thanks to the brightening global economy. Here are some ETFs to benefit from this trend.
As Shares Approach $1,000, Should You Buy Alphabet (GOOGL)?
by Ryan McQueeney
The race to $1,000 per share is over, and Amazon (AMZN) has won. Of course, this isn't the end of the world for Alphabet (GOOGL). In fact, the internet behemoth is a Zacks Rank #1 (Strong Buy). Find out why you should be buying GOOGL right now.
Amazon Shares Hit $1,000, Alphabet Inches Closer
by Ryan McQueeney
Sound the alarms! Amazon (AMZN) finally touched $1,000! The attention will now turn to Alphabet Inc. (GOOGL), another internet conglomerate set to hit $1,000 soon.
Web.com Group (WEB) Shows Strength: Stock Moves 8.9% Higher
by Zacks Equity Research
Web.com Group, Inc. (WEB) moved big last session, as its shares jumped almost 9% on the day.
Qualcomm (QCOM) to Settle License Dispute with BlackBerry
by Zacks Equity Research
Qualcomm Inc. (QCOM) will settle a licensing dispute with BlackBerry Limited (BBRY) by paying U.S. $940 million, on or before May 31, 2017.
Tech Collaborations Gaining Momentum: FB, INTC, GOOGL
by Sejuti Banerjea
Here's a look at the important tech collaborations from last week.
Google Launches Chrome Enterprise Bundle, Citrix Support
by Zacks Equity Research
Alphabet Inc.'s (GOOGL) Google is trying to make its Chrome browser as popular with enterprise users as it is with individual users.
Nvidia vs. Netflix: Which Stock Is the Real "N" in FANG?
by Ryan McQueeney
Earlier this week, CNBC's Jim Cramer echoed some interesting sentiment when he mentioned that chipmaker Nvidia (NVDA) should replace video streaming giant Netflix (NFLX) as the "N" in the infamous FANG stocks group.
3 Top Auto Stocks to Buy Now
by Madeleine Johnson
While the dream of fully-functioning self-driving cars and other big technologies certainly loom both near and far, there are other facets of the auto industry that investors should make sure do not get lost in the shuffle. With this in mind, check out three vauto stocks to buy now.
Facebook Reportedly Inks Content Deals for Video Service
by Zacks Equity Research
Facebook (FB) remains hawkeyed on boosting "live" video viewing on its platform to bring in more ad dollars.