Alphabet Inc
Investor Bill Nygren just bought this pharma giant, names two AI-adjacent stocks he likes going into 2025
Investors should consider scooping up shares of this pharmaceutical giant trading at a discount, according to longtime value investor Bill Nygren. ” Merck is attractive on a standalone basis, and it’s got really good portfolio characteristics,” said the portfolio manager at Oakmark Funds, who bought shares in the third quarter. “We’re heavy in financials, we’re […]
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Uber will offer robotaxi rides in Abu Dhabi through partnership with WeRide
Uber and WeRide are partnering to offer robotaxi service in Abu Dhabi. Courtesy Uber Technologies, Inc. Uber is partnering with China’s WeRide to offer autonomous vehicle rides in Abu Dhabi, the companies announced on Friday. To start, each WeRide robotaxi that’s hailed via the Uber app will come with a human driver present “to ensure […]
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Waymo to expand to Miami, aims to launch robotaxi service there in 2026
A Waymo autonomous self-driving Jaguar taxi drives along a street on March 14, 2024 in Los Angeles, California. Mario Tama | Getty Images Waymo is setting its sights on its next location: the Sunshine State. The Alphabet-owned company announced Thursday that it will be hitting the roads in Miami. Waymo said it will first begin […]
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Amazon rolls out Buy with AWS button to let software vendors more easily sell to its cloud customers
Amazon Web Services (AWS) CEO Matt Garman delivers a keynote address during the AWS re:Invent conference in Las Vegas on Dec. 3, 2024. Noah Berger | Getty Images In 2022, Amazon introduced the Buy with Prime button, allowing premium subscribers to make purchases using their Amazon account even when shopping on other websites. Now the […]
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Google CEO Sundar Pichai says he’d love to do side-by-side comparison with Microsoft’s AI models
Google CEO Sundar Pichai speaks in conversation with Emily Chang during the APEC CEO Summit at Moscone West on November 16, 2023 in San Francisco, California. The APEC summit is being held in San Francisco and runs through November 17. Justin Sullivan | Getty Images News | Getty Images Alphabet CEO Sundar Pichai is challenging […]
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Jeff Bezos says he’s optimistic about Trump, will help with reducing regulation
Jeff Bezos, founder and executive chairman of Amazon and owner of the Washington Post, takes the stage during the New York Times annual DealBook summit at Jazz at Lincoln Center on December 04, 2024 in New York City. Michael M. Santiago | Getty Images Amazon founder Jeff Bezos spoke optimistically of President-elect Donald Trump Wednesday […]
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Spotify Wrapped is out. Here’s who topped the 2024 streaming charts
This photograph taken in Paris on April 19, 2024, shows a smatphone displaying the US singer-songwriter Taylor Swift’s new album “The Tortured Poets Department” on Spotify. Queen of pop Taylor Swift released her highly anticipated record “The Tortured Poets Department” on April 19, 2024 — the 11th studio album from the megastar who is already […]
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‘We really like the U.S.,’ Julius Baer portfolio manager says. Here’s where she sees opportunity
At a time when investors are mixed on the U.S. market, one portfolio manager remains optimistic and sees reasons to stay invested. “We really like the U.S.,” Aneka Beneby, portfolio manager at Julius Baer International, told CNBC Pro last month. “Now that the [U.S.] election result is clear and behind us, we can reasonably assume […]
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OpenAI hires first marketing chief from Coinbase
Jaque Silva| Nurphoto | Getty Images OpenAI has hired its first chief marketing officer, nabbing Kate Rouch from crypto company Coinbase. Rouch joined Coinbase in August 2021 to lead global marketing and public relations, and oversaw the company’s Super Bowl ads. Before that, she spent more than 11 years at Meta, including a role as […]
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This is the biggest AI winner two years after ChatGPT’s debut — and it’s not Nvidia
In the two years since the launch of ChatGPT, stocks have soared to new highs, megacaps have ballooned in size and AI chipmaker Nvidia has become the second-largest stock in the U.S. by market value. But the biggest winner has in fact been a little-known Ohio-based cooling technology stock named Vertiv Holdings. Vertiv has benefited […]
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