Investment Management

15 Aug

Alphabet Shares Face Months of Uncertainty on New Breakup Risk

stp2y0 CommentsRAG modelsALPHABET INC-CL A, android, APPLE INC, artificial intelligence, Earnings, Investment Management, iphone, justice department, Technology, Wall Street, youtube

Alphabet Inc. investors are facing a long period of uncertainty as they grapple with a scenario they previously saw as unlikely: a possible breakup of Google.A bid to break up Google is being considered by the Justice Department, Bloomberg News reported Tuesday, with the most likely units for divestment the Android operating system and the Chrome web browser. The news surprised Wall Street, which had seen a breakup as unlikelyBloomberg Terminal even after a federal judge ruled earlier this month that Google has illegally monopolized the search market. Source link lol

Receding AI Stock Euphoria Has Bulls Seeing Some Opportunities

stp2y0 CommentsRAG modelsARM HOLDINGS PLC-ADR, artificial intelligence, DELL TECHNOLOGIES -C, Earnings, hardware, infrastructure, Investment Management, NVIDIA CORP, stocks, SUPER MICRO COMPUTER INC, Technology

Skeptics had long warned that artificial intelligence-related stocks were in a bubble. Now that some of the froth has come off, bulls see an opportunity.Shares in makers of AI hardware and infrastructure — including Dell Technologies Inc., Super Micro Computer Inc., ARM Holdings Plc. and Nvidia Corp. — have come under huge selling pressure in recent months, bringing their valuations back down to earth. And with most of their big customers planning to continue spending billions of dollars on AI, some say that it’s time to selectively get back in. Source link lol

SoftBank Unveils $3.4 Billion Buyback Ahead of Next Big AI Bet

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SoftBank Group Corp. announced a buyback worth up to ¥500 billion ($3.4 billion), following a month of sharp selloffs and pressure from activist investor Elliott Investment Management to bolster its stock price.The Tokyo-based technology investor plans to buy up to 6.8% of its free-floating outstanding shares in the year to August 7, 2025, according to a release Wednesday. The announcement comes after Elliott built a sizable stake in SoftBank this year and had pushed for a $15 billion buyback, people familiar with the matter said in June. Source link lol