Mega-cap Tech Stocks Could Underperform S&P 500 in 2023 - Goldman

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'Google will do what needs to get done' - Bernstein on staff cuts

November 16, 2022 6:29 AM EST

Yesterday, it was reported that activist investor TCI Fund Management wrote a letter to Alphabet (NASDAQ: GOOGL) CEO Sundar Pichai that the tech giant must take aggressive action to cut its expenses and headcount.

The hedge fund, which has a $6 billion stake in Alphabet, wrote to Google at times... More

London-based activist hedge fund calls on Alphabet (GOOGL) to cut costs - reports

November 15, 2022 12:30 PM EST

The London-based activist hedge fund TCI Fund Management has urged Alphabet (NASDAQ: GOOGL), the parent company of Google, to aggressively cut expenses and reduce losses in long-term projects like the self-driving car unit Waymo, according to reports on Tuesday.

In a... More