AlphaOmega Advisors founder Peter Cecchini, the former chief market strategist at Cantor Fitzgerald, expects “the fantasy narrative” surrounding GameStop’s (GME) surge “reverts to reality” at some point. Cecchini, who points out that Gamestop’s “fundamentals under no circumstances justify the valuation,” believes that the retail traders who feel they’re up against the hedge funds are going to be the ones “left holding the bag.” “The only way the stock can go up in value is… Source link

Ford Motor Co. and Google on Monday said they have formed a six-year “strategic partnership” under which the automaker will introduce the Android operating system into millions of vehicles and use Google technology for everything from in-vehicle connected services to manufacturing processes. Ford will designate Google as its preferred cloud provider, allowing the Blue Oval “to leverage Google’s world-class expertise in data, artificial intelligence and machine learning,” the automaker said… Source link

Google and Ford are teaming up in an alliance meant to “reinvent” virtually every aspect of the car business, from the way vehicles are designed, engineered and assembled to the way customers shop and then experience their vehicles. Among other things, motorists will be able to download features they might not originally have purchased, as well as new safety and infotainment technology that wasn’t originally available, Ford and Google officials said during a Monday morning news… Source link

Key Takeaways Analysts estimate EPS of $15.50 vs. $15.35 in Q4 2019. Cloud revenue is expected to rise sharply amid the pandemic, but at a slower pace than Q4 2019. Revenue is expected to show healthy growth, but slightly slower than the same quarter a year earlier. Google parent Alphabet Inc. (GOOGL) has seen its stock rise at nearly double the market in the past year, seemingly unfazed by global disruptions due to the COVID-19 pandemic. This performance comes despite uneven earnings… Source link

Over the past few years, Google owner Alphabet’s stock had lagged compared to the stellar rise of big techs like the other FAANG members and Microsoft. That’s finally starting to change. But investors might be overlooking one major problem: potential regulatory risk. Alphabet is trading near an all-time high, thanks to strong digital advertising and booming demand for its Google Cloud services. The stock has outperformed most of the other big techs during the past six months,… Source link

Ford Motor Co. plans to use Google’s Android operating system to power its vehicle display screens starting in 2023, the latest auto maker to tap Silicon Valley amid the accelerating digitization of the car business. The Dearborn, Mich.-based car company said Monday it has entered into a six-year agreement with the tech giant to embed Google’s suite of apps, including voice commands and navigation, in multimedia displays on all Ford models outside of China. … Source link

Google is surfacing more information about domains in search results, helping searchers learn about sources without conducting multiple queries. An update to Google Search, rolling out today, adds a new three-dot icon to the top right corner of search snippets. Tapping on the icon will pull up a card from the bottom of the screen with additional pieces of information about the search result. The new “about this result” cards include the following information: Description of the domain Whether… Source link

Have you ever needed to find the center of a circle? I don’t know about you, but it’s a problem I deal with maybe once every few weeks. Why? Probably because I can’t keep my hands still and constantly find stuff to fix or to make. Forget the clumsy way of trying to measure across at the exact widest part of the circle, which is my default method after rummaging through the house looking for the compass I thought I had. Instead, the other day, I went to Google. And a window, a window in… Source link

Ford Motor Co. will install Google Inc.’s Android operating system on all new vehicles starting in 2023 as part of a six-year partnership with the technology giant. The deal announced Monday allows Ford to tap into Google’s cloud system and utilize its artificial intelligence systems in factories, dealerships and vehicles. The automaker said Google’s technology can help spot defects in manufacturing processes, improve supply chain logistics, alert customers when their vehicle needs service… Source link

Ford Motor Co. and Google announced a strategic partnership on Monday that’s meant to more quickly modernize the 117-year-old automaker in unique ways and more aggressively use data to drive revenue and improve customer experience. Ford will start exploring this year the use of technology to provide oversight and quality control of factory robotics as well as additional training of UAW members on the plant floors, while Ford and Lincoln customers will start seeing new driver… Source link