GOOG Dec 2024 125.000 call
| Previous close | 29.25 |
| Open | 29.25 |
| Bid | 0.00 |
| Ask | 0.00 |
| Strike | 125.00 |
| Expiry date | 2024-12-20 |
| Day's range | 29.25 - 29.25 |
| Contract range | N/A |
| Volume | |
| Open interest | N/A |
- Yahoo Finance Video
Magnificent Six will 'dominate' future AI, tech waves: Analyst
D.A. Davidson has initiated coverage on Meta Platforms (META) — with a Buy rating and $600 per share price target — and Alphabet (GOOG, GOOGL) — with a Neutral rating and $170 per share price target. Additionally, D.A. Davidson managing director Gil Luria has excluded Tesla (TSLA) in his Magnificent Seven coverage in the firm's "compute sector," grouping Meta and Alphabet with Microsoft (MSFT), Apple (AAPL), Amazon (AMZN), and Nvidia (NVDA). On Tesla, Luria wrote “if it looks like a duck (greater than 90% of revenue from cars) and quacks like a duck (greater than 90% of profits from cars) it might just be a duck (a car company)" in a note on Tuesday. Luria sits down with Julie Hyman and Josh Lipton on Market Domination to talk more about his call about these tech giants and their investments in AI and computing. "Those markets require scale, reach, and capital. So unlike previous waves of technology innovation that came from startups, innovation now is coming from... these biggest companies. So these six companies will continue to dominate in AI and spatial computing, and extend their lead from the sectors they're already in — desktop and mobile computing, cloud computing and advertising, computing," Luria tells Yahoo Finance. "They'll keep dominating those and they'll dominate the next two waves." Luria elaborates on how Meta is differentiating its AI usage and large language models from its Silicon Valley counterparts as prominent tech players continue to spend more on Nvidia chips. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
EU cracks down on Big Tech with fines to Apple, Google
Apple (AAPL) has suffered a significant setback, losing a longfought legal battle with European Commission regulators over its tax practices in Ireland. The European Union's top court has ordered the tech giant to pay nearly €13 billion euros (equivalent to $14.3 billion in USD) in back taxes to Ireland. This landmark ruling comes just after Apple's launch of its new iPhone 16 lineup on Monday, September 9. Additionally, Alphabet's Google (GOOG, GOOGL) lost an antitrust battle in the EU for prioritizing it's own price comparison shopping services against it's competitors. This resulted in a €2.4 billion euro ($2.64 billion) fine. To discuss the potential impact of this decision on the tech giants, Needham senior media and internet analyst Laura Martin joins Morning Brief. Martin suggests that the EU's actions against tech giants are motivated by a desire to generate revenue from their activities within the region to support its economies, dubbing it as "the hidden agenda of the EU." Martin criticizes Apple's previous tax strategy, calling it "a fool's errand" that the company operated without paying taxes in the region, adding that "now the EU has nothing to lose." The EU now is "just going to fine these large companies in order to pay for their social programs," she tells Yahoo Finance. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
GuruFocus.comInsider Sale: VP, Chief Accounting Officer Amie O'Toole Sells 2,835 Shares of Alphabet Inc (GOOGL)
Following this transaction, the insider now directly owns 24,321 shares of Alphabet Inc, as detailed in the SEC Filing. Alphabet Inc (NASDAQ:GOOGL), the parent company of Google, operates across various sectors including search, advertising, operating systems and platforms, enterprise, and hardware products. Over the past year, Amie O'Toole has sold a total of 4,881 shares of Alphabet Inc and has not made any purchases of the stock.
