Latest news with #AlphabetInc
Bloomberg
8 hours ago
- Business
- Bloomberg
Uber-Backed Moove to Raise $1.2 Billion in Debt for Waymo Fleet
African ride-hailing startup Moove is close to raising $1.2 billion in a debt round that will help it finance a rollout of an autonomous-driving fleet with Alphabet Inc. 's Waymo and expand in the US, people familiar with the matter said. The round is oversubscribed, with interest from private credit firms and banks, and will be finalized in the coming weeks, said the people, who asked not to be identified because the information is still private.
Yahoo
12 hours ago
- Business
- Yahoo
Here are the Reasons to Establish a Position in Alphabet (GOOGL)
Qualivian Investment Partners, an investment partnership focused on long-only public equities, released its Q1 2025 investor letter. A copy of the letter can be downloaded here. The fund outperformed the iShares MSCI USA Quality Factor ETF (QUAL) by 66.0% and 59.4% on a gross and net basis, since inception through March 31, 2025. It also exceeded the S&P 500 by 32.7% and 26.1% respectively, on a gross and net basis. In Q1 2025, the fund outperformed QUAL by 5.3% and 5.2% on a gross and net basis, and we outperformed the S&P 500 by 5.2% and 5.1% on a gross and net basis. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Qualivian Investment Partners highlighted stocks such as Alphabet Inc. (NASDAQ:GOOGL). Alphabet Inc. (NASDAQ:GOOGL), the parent company of Google, offers various platforms and services operating through Google Services, Google Cloud, and Other Bets segments. The one-month return of Alphabet Inc. (NASDAQ:GOOGL) was 5.81%, and its shares lost 5.07% of their value over the last 52 weeks. On July 1, 2025, Alphabet Inc. (NASDAQ:GOOGL) stock closed at $175.84 per share, with a market capitalization of $2.14 trillion. Qualivian Investment Partners stated the following regarding Alphabet Inc. (NASDAQ:GOOGL) in its Q1 2025 investor letter: "Alphabet Inc. (NASDAQ:GOOGL) declined in the quarter due to (1) uncertainty regarding the returns on the large amount of capital expenditure being spent on generative AI investments and whether they will yield proper returns and (2) whether competing generative AI chatbots (Chat GPT, Perplexity, others) will take share away from GOOGL's core search business. A user's hands typing a search query into a Google Search box, emphasizing the company's search capabilities. Alphabet Inc. (NASDAQ:GOOGL) is in 4th position on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 227 hedge fund portfolios held Alphabet Inc. (NASDAQ:GOOGL) at the end of the first quarter, which was 234 in the previous quarter. While we acknowledge the potential of Alphabet Inc. (NASDAQ:GOOGL) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered Alphabet Inc. (NASDAQ:GOOGL) and shared the list of stocks Jim Cramer recently commented on. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. While we acknowledge the potential of GOOGL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
NDTV
15 hours ago
- Business
- NDTV
Google Fined $314 Million For Misusing Android Users' Phone Data
Google was told by a California jury to pay $314 million over claims that it illegally used Android users' cellular data to collect information without their knowledge. A state court jury in San Jose issued the verdict Tuesday following a trial over a class-action lawsuit, according to lawyers for consumers and a spokesperson for the company. Consumers alleged that the Alphabet Inc. unit programmed Android phones to transfer data to Google servers while users were not connected to a WiFi network, stealing cellular data that the customers were paying for. The company used this information "to further its own corporate interests," including to build more targeted digital advertising and to expand its mapping capability, according to the suit. This case is one of several recent legal challenges to Google's data privacy practices. A spokesperson for Google said the company strongly disagrees with the verdict and intends to appeal. "This ruling is a setback for users, as it misunderstands services that are critical to the security, performance, and reliability of Android devices," said Google's José Castaneda. Castaneda said the transfers discussed in the case are necessary to maintain the performance of billions of Android devices around the world, and that they take up less cellular data than sending a single photo. He added that Android users consent to the transfers through multiple terms of use agreements and device setting options. The class-action suit was filed in 2019 in Santa Clara Superior Court on behalf of California residents. A parallel federal case is pending for nationwide Android users, with a trial date set for early 2026. "We are incredibly grateful for the jury's verdict, which forcefully vindicates the merits of this case and reflects the seriousness of Google's misconduct," said Marc Wallenstein, a lawyer for the consumers.
Yahoo
16 hours ago
- Business
- Yahoo
Pearson and Alphabet Inc. (GOOGL)'s Google Cloud Partner To Bring AI Learning Tools To Classrooms
Alphabet Inc. (NASDAQ:GOOGL) is among the Goldman Sachs Stock Portfolio: 10 Large-Cap Stocks To Buy. On June 26, the company's Google Cloud service and Pearson entered a multi-year partnership to accelerate new AI-powered products and services. A user's hands typing a search query into a Google Search box, emphasizing the company's search capabilities. The strategic collaboration between the two companies will focus on personalizing learning for students, empowering teachers with AI knowledge and resources, and improving overall educational outcomes. It aims to create rich content to ensure an engaging learning experience for students, especially in the K-12 space. Under the agreement, Pearson will work with Alphabet Inc. (NASDAQ:GOOGL)'s Google team on integrating its expertise in K-12 learning with technologies from the Vertex AI Platform, advanced AI models, and agentic AI. Moreover, Pearson and Google for Education will also collaborate on exploring opportunities for further integration across their product suites. Pearson's CEO, Omar Abbosh, shared the following remarks on the agreement, while expressing optimism about how the use of AI could transform education by replacing conventional teaching methods: 'When applied thoughtfully and responsibly, AI has the power to transform K-12 education, moving beyond a one-size-fits-all model to support each student on their unique learning journey. By combining Pearson's deep learning expertise with Google's technology and AI capabilities, we will deliver a more personalized experience for students and equip K-12 teachers with tools that help them to focus on what matters most: sparking curiosity, developing critical thinking, and fostering a lifelong love of learning.' While we acknowledge the potential of GOOGL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. 登入存取你的投資組合
Bloomberg
a day ago
- Business
- Bloomberg
Google Ends Recipe Pilot That Left Creators Fearing Web-Traffic Hit
Google has ended tests of a feature that would have let users open a snapshot of cooking-recipe content directly in web search results — a welcome development for creators and food bloggers who were concerned about eroding traffic to their sites. In recent months, Alphabet Inc. -owned Google has tested Recipe Quick View, which showed some food bloggers' content in search. The company framed the feature as an attempt to help users determine whether they are interested in a recipe before visiting a website. But some bloggers said they feared that the product would keep users from clicking through to their sites, depriving them of traffic and ad revenue.
