Jim Cramer, Wall Street analyst, recently announced departure from investing in tech behemoth,
Alphabet (GOOG). Meanwhile, Alphabet's CEO,
Sundar Pichai, confirmed the company is close to striking an AI-focused deal with Apple amidst an ongoing antitrust trial. Pichai has also been defending Google against the government's 'extraordinary' proposals during court proceedings. Fears over the possible breakup of Alphabet have been voiced, with investors urged to support it. The company has cemented its position as a prime player in the
Augmented Reality and
Quantum Computing sectors and has boosted earnings following a stake in
SpaceX. A concern is raised over potential threats to Alphabet's search business, drawing an unsettling comparison with defunct giant, Kodak. Despite these threats, Alphabet remains a compelling option for investment, backed by potential AI developments and sound financial performance. It is bolstering its Google Cloud offerings following a partnership with
Virtusa and is working towards a
Gemini deal with Apple. Alphabet's impressive earnings and increased dividends provide 70 billion reasons for immediate investment, with its AI prowess soothing nervous investors.
Alphabet GOOG News Analytics from Mon, 07 Apr 2025 07:00:00 GMT to Sat, 03 May 2025 16:00:00 GMT -
Rating 8
- Innovation 7
- Information 7.5
- Rumor -2
