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Microsoft Races Ahead Of Google In The Cloud
24/7 Wall St.2d agoneutral
Microsoft Races Ahead Of Google In The Cloud

The cloud war between Microsoft, Google, and Amazon is reshaping how AI gets built and deployed, and the gap between the three giants may surprise you. Hundreds of billions of dollars hinge on which platform corporations trust with their future.

Alphabet’s stock splits: History & prospects explained
TheStreet2d agoneutral
Alphabet’s stock splits: History & prospects explained

Alphabet was founded as Google in Menlo Park, California, in 1998, and its original name quickly became synonymous with the concept of the internet search engine. The company went public in 2004, and more than two decades later, it’s the third-largest company by market capitalization, with its ...

Amazon Hits $3 Trillion Market Cap for the First Time as Stock Heads Toward Record
Barrons.com2d agoneutral
Amazon Hits $3 Trillion Market Cap for the First Time as Stock Heads Toward Record

Amazon shares jumped 5.3% to $285.73 Monday and were on pace for a new all-time closing high, according to Dow Jones Market Data. Amazon also hit a market value of $3 trillion for the first time ever on Monday. It’s the fifth company to reach this milestone, after Apple Microsoft Nvidia and Alphabet Amazon first closed above a $1 trillion market cap on Feb. 4, 2020 and notched a $2 trillion market cap on June 26, 2024.

The Toll of Apple’s Losing Streak
The Wall Street Journal2d agoneutral
The Toll of Apple’s Losing Streak

$500 billion That's the approximate amount of market cap lost by Apple since its four-session losing streak started Wednesday. The iPhone maker had just reclaimed its market-cap crown earlier in the week, but it has now slipped back to third among U.

IBM’s Quantum Bet Just Got Bigger—What the HRL Deal Means for Investors
Insider Monkey2d agoneutral
IBM’s Quantum Bet Just Got Bigger—What the HRL Deal Means for Investors

The quantum computing field is continuing to advance. This can be seen from companies diversifying their strategies and governments getting more involved in funding the efforts. It’s against this backdrop that International Business Machines Corporation (NYSE:IBM) has agreed to acquire HRL Laboratories from Boeing Co. (NYSE:BA) and General Motors Co. (NYSE:GM). HRL Laboratories is a […]

Amazon Gets Upgraded to the $3 Trillion Club
The Wall Street Journal2d agobullish
Amazon Gets Upgraded to the $3 Trillion Club

Amazon shares jumped 5% this morning, propelling the company to a $3.08 trillion market valuation. The gain comes on the heels of a 15% jump on Friday, when Amazon stock had its best day in years after investors liked what they saw in its latest report card.