GOOG Jun 2024 167.500 call
- Yahoo Finance Video
This catalyst is needed for the market broaden out
BlackRock senior product strategist Tushar Yadava joins Market Domination Overtime to give insight into Big Tech's market concentration and what investors should consider for their portfolios. "Until we see some sort of broadening in earnings, it's unlikely you're going to see some sort of broadening in the market. And absent some kind of major market macro catalyst, you're not going to have that happen. And just, as a sort of footnote to that, a market catalyst that's a big sort of major macro driver of stocks is also going to be a uniform condition for the growth names and for the tech names, just like it hurt them in 2022," Yadava tells Yahoo Finance. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino
- Reuters
Italy claims 1 billion euros in unpaid taxes from Google
Italy is asking Google to pay 1 billion euros ($1.07 billion) in unpaid taxes and penalties, three sources with direct knowledge of the matter said on Friday, seven years after the U.S. company settled a landmark tax dispute with Rome authorities. "We comply with tax regulations in all countries where we operate, including Italy," a Google spokesperson said in a statement, in response to a Reuters query about the claim. The sources said Italy's Revenue Agency has started an adversarial process with Google which may end either with a settlement or with the opening of a judicial litigation.
- South China Morning Post
Google Translate now supports Cantonese after its biggest language expansion, driven by AI
Google has added Cantonese to its Google Translate service, as part of its largest-ever expansion that saw 110 new languages being supported, aided by generative artificial intelligence (GenAI) technology. From Thursday, users of the app and browser versions of the Google tool can translate between 243 languages, including Cantonese, a Chinese dialect widely spoken in Hong Kong, Macau, parts of the southern Chinese province of Guangdong, as well as some Chinese migrant communities worldwide. Goo
