Tag Archives: googl

Obama Will Speed Self-Driving Car As Google Partners

The government is about to give self-driving cars a boost this week. And Alphabet (GOOGL) unit Google won’t go it alone with its self-driving car, a possibility that had rankled the auto industry, or even with just a sole partner. The federal government will announce efforts to speed the introduction of autonomous cars on Thursday, Reuters reports, citing government officials, adding that President Obama may discuss advanced transportation efforts

Tech A ‘Victim,’ Apple Still A Buy, Says BMO Capital

Technology stocks have been a “victim” of profit-taking early in 2016, says BMO Capital Markets, which expects the S&P 500 index, now trading near 1,900, to rebound to 2,100 by year-end. Among tech stocks rated outperform by BMO are Apple (AAPL), Google-parent Alphabet (GOOGL), Cisco Systems (CSCO), chipmaker Texas Instruments (TXN) and Visa (V), which has been innovating in online and mobile payments. Amid the broad market sell-off this month,

Google YouTube Paid Service Draws Price-Target Boost

Alphabet (GOOGL)-owned Google only needs to convince a few users of its free YouTube video service to sign up for paid subscriptions with its new YouTube Red offering in order to bring in significant revenue, according to investment bank Credit Suisse, which handed Alphabet a price-target boost on Tuesday. Credit Suisse raised its price target on Alphabet stock to 900 from 850 while maintaining its outperform rating. Alphabet stock was up more