Kairos Power Announcement of Google Partnership for 500MW of Energy

Alphabet (GOOGL) PT Raised to $220 at Truist Securities

October 16, 2024 6:37 AM EDT

Truist Securities analyst Youssef Squali raised the price target on Alphabet (NASDAQ: GOOGL) to $220.00 (from $196.00) while maintaining a Buy rating.

The analyst comments "We remain constructive on GOOGL into 3Q24 results, believing that the quarter will come in line/slightly better than expected,... More

Oklo Inc (OKLO) Shares Up over 20% Following Google Nuclear News and CEO TV Interview

October 15, 2024 12:43 PM EDT

Oklo Inc (NYSE: OKLO) Shares Up over 20% Following Google Nuclear News and CEO TV Interview

Earlier: Oklo CEO: AI power demand numbers are mind-blowing hence the huge opportunity for us (YouTube Video)Earlier: Shares Up over 20% Following Google Nuclear News and CEO TV Interview (SI Report)... More

Google (GOOGL) Backs Buildout of Small Nuclear Reactors in Kairos Deal - Bloomberg

October 14, 2024 3:04 PM EDT

Google (GOOGL) Backs Buildout of Small Nuclear Reactors in Kairos Deal - Bloomberg

Investing in the development of next generation nuclear power, backing company that's building small modular reactors.... More

Google to buy power for AI needs from small modular nuclear reactor company Kairos

October 14, 2024 3:03 PM EDT

By Timothy Gardner

WASHINGTON (Reuters) -Alphabet's Google said on Monday it signed the world's first corporate agreement to buy power from multiple small modular reactors to meet electricity demand for artificial intelligence.

The technology company's agreement with Kairos Power aims to bring Kairos' first small modular reactor online by 2030, followed by additional deployments through 2035.

The companies did not reveal financial details of the agreement or where in the U.S. the plants would be built. Google said it has agreed to buy a total of 500 megawatts of power from six to seven reactors, which is... More

Goldman Sachs adjusts ratings on digital advertisers ahead of earnings

October 14, 2024 10:55 AM EDT

Investing.com -- Goldman Sachs has adjusted its ratings on several digital advertising companies ahead of the Q3 2024 earnings season.

In a recent note, the firm highlights that Q3 digital ad trends remained robust, with notable strength in areas like digital video and retail media networks. However, challenges such as tougher year-over-year (YoY) comparisons and evolving ad pricing dynamics are influencing performance across the sector.

Certain platforms/channels are beginning to face tougher YoY comps in terms of ad... More

Alphabet (GOOGL) PT Lowered to $208 at Goldman Sachs

October 14, 2024 3:35 AM EDT

(Updated - October 14, 2024 5:47 AM EDT)

Goldman Sachs analyst Eric Sheridan lowered the price target on Alphabet (NASDAQ: GOOGL) to $208.00 (from $217.00) while maintaining a Buy rating.

The analyst comments "We frame the current operating landscape for Alphabet, including around two judicial matters (two US DOJ antitrust lawsuits) and around the... More

Scotiabank Starts big tech coverage: Amazon and Google Outperform, Meta Neutral

October 11, 2024 1:00 PM EDT

Investing.com -- Scotiabank initiated coverage on three major tech giantsAlphabet (Google (NASDAQ: GOOGL)), Amazon (NASDAQ: AMZN), and Meta Platformsassigning Sector Outperform (Buy) ratings to Google and Amazon, while rating Meta Platforms (NASDAQ: META) as Sector Perform (Neutral). 

The analysts, in a note Friday, highlighted key differences in their growth trajectories and... More

Google’s EMEA boss to leave company after a decade in post

October 10, 2024 11:27 AM EDT

By Martin Coulter

LONDON (Reuters) - The man charged with overseeing Googles operations in Europe, the Middle East, and Asia has stepped down after a decade in post.

Matt Brittin first joined the tech giant as head of UK and Ireland operations in 2007, before rising through the ranks to become... More

AMD's AI product event likely to be 'a fade-the-news event' says analyst

October 10, 2024 8:58 AM EDT

Investing.com -- AMD (NASDAQ: AMD) is set to host its "Advancing AI" event this week, where analysts expect to hear about new product announcements that could lift sales and drive the chipmakers stock price.

Meanwhile, analysts at Lynx Equity Strategies believe this will be a fade-the-news event.

AMD stock has had a modest run-up over the past week on investor expectations for clarity on MI325X and its follow-ons. We think investors are likely to be disappointed, they emphasized.

Lynxs team is skeptical about AMD's ability to close the gap... More

Citi Reiterates Buy Rating on Apple (AAPL), Comments on Implications from Google (GOOGL)

October 10, 2024 8:37 AM EDT

Citi analyst Atif Malik reiterated a Buy rating and $255.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "Following Googles loss in the antitrust case on search and text advertising, the DOJ filed a proposal on Oct 8 that considers both behavioral and... More

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October 10, 2024 5:47 AM EDT

Active options: GOOGL BABA META AAL MSTR NIO MSFT MPW HOOD SOFI PDD

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