The potential acquisition would be Alphabet’s largest ever and allow it to put some of its cash pile, which reached $110.9 billion as of the end of December, to work.
Read More Exclusive: Google parent Alphabet weighs offer for HubSpot, sources say
Tag: Morgan Stanley
Industry pain abounds as electric car demand hits slowdown
A near-term global slowdown is causing pain, including bankruptcies, scrapped initial public offerings and production cuts.
Read More Industry pain abounds as electric car demand hits slowdown
Microsoft set for AI-powered revenue surge as stock pulls ahead
January 29, 2024 – 6:18 AM PST (Reuters) – Microsoft (MSFT.O) is expected to report a 15.8% jump in quarterly revenue, its best growth…
Read More Microsoft set for AI-powered revenue surge as stock pulls ahead
Wall Street ends down as US retail sales data crimps rate cut bets
Stocks finished lower after upbeat December U.S. retail sales data eroded expectations the Federal Reserve will kick off its rate-cut campaign as early as March.
Read More Wall Street ends down as US retail sales data crimps rate cut bets
Market bets for 2024 thrown into chaos by US recession conundrum
Investment banks and asset managers have wildly varying stock market and currency calls for 2024, reflecting deep division over whether the U.S. economy will enter a long-heralded recession.
Read More Market bets for 2024 thrown into chaos by US recession conundrum