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
Crockett initiates coverage of TTD with Buy rating and $77 price target. Despite macro concerns and competition, TTD is well-positioned in AdTech's growth, driven by CTV and programmatic. Stock has dropped due to Q4 miss but consensus estimates for growth remain positive. TTD is a leading DSP with a history of strong growth. Crockett projects Q1 revenue of $578.7 million and EPS of $0.25. TTD stock currently at $54.61.
President Donald Trump's recent executive orders aim to transform government procurement by prioritizing commercial technology over custom-built solutions, potentially saving billions in taxpayer dollars while opening federal contracts to innovative companies.
In a move to challenge YouTube's dominance in the video podcasting arena, Spotify Inc. (NYSE: SPOT) has paid out over $100 million to podcast creators and publishers since the start of the year.
OpenAI launched an ad-free shopping search feature within ChatGPT, offering users curated product suggestions to challenge Google's dominance in search and expand its AI-powered services.
Alphabet shares rallied after the company reported a strong Q1 2025 earnings beat, announced a dividend increase, and authorized a $70 billion buyback.