Alphabet Inc. is a multinational technology company that is best known for its role as the parent company of Google and various other subsidiary ventures. It specializes in a wide array of internet-based products and services, including search engine technology, online advertising, cloud computing, software development, and consumer electronics. Beyond Google's flagship search engine, Alphabet encompasses platforms like YouTube, Android, and Google Cloud, while also investing in innovative fields such as artificial intelligence, healthcare, and autonomous vehicles. The company's mission is to organize the world’s information and make it universally accessible and useful, driving advancements in technology and improving user experiences across its diverse offerings. Read More
Shares of online advertising giant Alphabet (NASDAQ:GOOGL)
jumped 3.3% in the afternoon session after the major indices rebounded, as the Bureau of Labor Statistics report revealed a resilient labor market with non-farm payrolls rising by 139,000 in May 2025, significantly above the consensus forecast of 125,000.
OpenAI CEO Sam Altman revealed AI can now perform entry-level employee tasks while Gen Z workers increasingly view artificial intelligence as a workplace companion rather than competition, as tech leaders predict the first billion-dollar single-person company could emerge next year.
ALPHABET INC-CL A (GOOGL) offers strong growth, profitability, and a reasonable valuation, making it a solid choice for GARP investors following Peter Lynch's strategy.
Fusion energy company TAE Technologies announced that it has raised $150 million in a new funding round, with participation from investors including Chevron, Google, and NEA.