Google's ( NASDAQ:GOOG ) recent pledge of €25 million (approximately $26.98 million) marks a significant step towards enhancing artificial intelligence (AI) proficiency across Europe. Announced on Monday, this initiative aims to facilitate AI literacy among individuals, with a particular focus on those who stand to benefit the most from such training. By opening...
Hello Traders, welcome to today's analysis of Alphabet. -------- Explanation of my video analysis: Back in 2012 Alphabet created a beautiful triangle formation and after we saw the breakout Alphabet pumped more than +750% towards the upside. At the moment Alphabet is creating a solid resistance area at the $150 level. If we get a retest of the bullish...
Alphabet Inc. ( NASDAQ:GOOG ), the parent company of tech giant Google, faced a tumultuous day in the stock market as shares slid 6%, erasing a staggering $110 billion off its market capitalization. The market's reaction came in the wake of Alphabet's ( NASDAQ:GOOG ) latest earnings report for the final quarter of 2023, where disappointing advertising revenues...
Alphabet Inc. (Google/ GOOG) is reporting Earnings today and the focus is whether or not they can keep fueling this strong multi-weak rally or cause a correction. Last time we looked into this stock (November 27 2023, see chart below), we gave a pull-back buy signal, which easily hit the 145.00 target: The price is still on the latest Bullish Leg of the...
In a surprising move, Alphabet, Google's parent company ( NASDAQ:GOOG ), has severed all ties with Appen, the Australian artificial intelligence (AI) data firm that played a crucial role in training Google's chatbot Bard, refining Google Search results, and contributing to other AI products. The termination, set to take effect on March 19, was communicated to...
Alphabet-owned Giant Expands Infrastructure to Meet Growing Demand for Internet Services In a strategic move to bolster its presence in the United Kingdom, Google ( NASDAQ:GOOG ) has announced a monumental $1 billion investment in the construction of a cutting-edge data centre just outside of London. The technology giant's commitment to building this facility,...
Hello Traders, welcome to today's analysis of Alphabet. -------- Explanation of my video analysis: In 2011 Alphabet stock broke out of a beautiful triangle continuation pattern and created a rally of more than +800%. This pump was followed by a retracement all the way back to the support trendline of 2011. Alphabet is currently creating a triangle formation...
In a move to streamline operations and cut costs, Google has recently announced significant layoffs across multiple teams, impacting its Voice Assistant, hardware division responsible for Pixel, Nest, and Fitbit, as well as the augmented reality (AR) team. Fitbit co-founders James Park and Eric Friedman are also leaving the company, marking a notable development...
#ALPHA The price has been moving in a descending triangle since May 2022 The price gained support at 35 The price is now at the upper border of the channel at 0.070 About to break the downtrend The price is expected to break the downtrend At the first price of 0.0900 First goal 0.0160 Second target 0.2170 Which represents 300% of the current price With an...
In the fast-evolving landscape of technological advancements, a groundbreaking partnership has emerged that promises to redefine the intersection of blockchain and cloud computing. Google Cloud, a powerhouse in the tech industry, and MAP Protocol, a trailblazer in peer-to-peer interoperability, have joined forces to create a synergy that opens new frontiers for...
Shares of Google-parent Alphabet ( NASDAQ:GOOGL ) hit a 52-week high Wednesday following reports of an impending shake-up in its core advertising business. Sean Downey, who leads Google’s ad business in North and South America, said in a department-wide meeting that the company's 30,000-person ad sales unit would be reorganized, according to people familiar with...
Google opened today under the 1D MA50, neutral on its 1D technical outlook (RSI = 48.601, MACD = -0.240, ADX = 32.196). Through out 2023, a 1D RSI value below 50.000 has been a buy opportunity and even more so now that the price is near the bottom of the twelve month Channel Up. This consolidation during the last Bullish Leg of the Channel Up (April 6th - May...
GOOG is currently in an uptrend, as it is above the 50-day EMA, the 100-day EMA, and the 200-day EMA. The 50-day EMA is also above the 100-day EMA and the 200-day EMA, indicating a strong bullish momentum. The stock recently bounced off the 50-day EMA, which acted as a support level, and broke above the previous resistance level of $1,500. The next resistance...
Alphabet, the parent company behind Google, is reportedly on track to seize a major stake in the digital retail bank Monzo as it leads investors in a fresh funding round. Alphabet will leverage its independent growth fund Capital to pour between £300 million and £500 million into the UK-founded challenger, valuing it above £4 billion, Sky News reports. Also set...
NASDAQ:GOOGL chart mapping/analysis. Multi-year consolidation/pennant pattern formation. Bull target(s) Overhead gap fill (~137.42) Descending trend-line resistance (white dotted) - plus breakout? TBC Previous ATH + upper range parallel channel (light blue) confluence resistance zone Bear target(s) 23.6% Fib + gap fill (~126.49) confluence support...
With a massive $2 billion reported investment from Google, Anthropic joins OpenAI in reaping the benefits of leadership in the artificial intelligence space, receiving immense sums from the tech giants that couldn't move fast enough themselves. A byword for the age: Those who can, build; those who can't, invest. The funding deal, according to sources familiar...
Well that was unexpected. According to my sources, Google came out with positive results (despite them not being as good as Microsoft). And yet the price crashed already 9.40% without the fail safe switch on yet. Technically, it's formed a Breakway gap. These don't close as quickly as other gaps, but if the trend stays down. It is likely to head to $111.50...
Alphabet Inc: A Deep Dive into the Pros and Cons of Investing in the Tech Giant Alphabet Inc., the tech behemoth that's likely woven into your daily life through its various products and services, has quietly become a ubiquitous presence. While Alphabet has consistently delivered solid returns to investors, it's currently trading 8% below its all-time high. This...