Alphabet, Wall Street and stocks
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We recently published 9 Stocks Jim Cramer Discussed As He Commented On Big Tech. Alphabet Inc. (NASDAQ:GOOGL) is one of the stocks Jim Cramer recently discussed.
Stocks were mixed Thursday. The Dow Jones Industrial Average fell more than 300 points after Honeywell and International Business Machines slumped on quarterly earnings updates, and as UnitedHealth Group traded lower after saying it was “complying with formal criminal and civil requests” from the U.
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The S&P 500 and Nasdaq traded near all-time highs at midday as a strong earnings report from Alphabet lifted big tech stocks.
Both Elon Musk's Tesla (TSLA) and Alphabet (GOOGL) released second-quarter earnings after the close on Wednesday, and traders are treating them much the same. Alphabet stock has lost 1.6% at the time of writing, while TSLA has given up 1.0%.
Artificial intelligence (AI) investing remains the prevailing market theme, and it doesn't appear to be slowing. Even though 2025 is halfway over, there are still plenty of AI stocks that are worth your investment dollars and could see impressive growth throughout the rest of the year.
Most leaders in the tech industry owe their wealth to founding equity stakes in their platforms, which Google’s Sundar Pichai does not have.