Analyst issues stark warning on Big Tech stocks ahead of earnings [Yahoo! Finance]
Alphabet Inc. - Class C Capital Stock (GOOG)
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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Source: Yahoo! Finance
the lion's share of a record run in stocks that has defied the impact of a hawkish Federal Reserve and surging Treasury bond yields. And even with investors navigating a big disparity in performance among the so-called Magnificent 7 mega-cap stocks, with Tesla effectively jettisoned from the collective amid its 40% collapse, the sector remains crucial for overall market growth. Related: Tesla crash continues as Musk doubles down on 'blindingly obvious' strategy The US Technology Index rose 13.1% over the first three months of the year, driving an overall gain of around 10.2% for the S&P 500 benchmark. Nvidia paced the overall performance with a 58.2% surge, adding some $1.1 trillion to its overall market value. Bets on the power of AI technologies to transform a previously moribund chip sector (and the broader tech space itself) were a large part of this year's gains as investors pumped the value of stocks like Nvidia, Google parent Alphabet, Meta Platforms, and Microsoft on t
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GOOG
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- 4/25/24 - Beat
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- 5/2/24 - Form PX14A6G
- 5/1/24 - Form 4
- GOOG's page on the SEC website