$Alphabet(GOOG)$ Alphabet’s stock fell 9.5% in Wednesday’s action, wiping out $166.64 billion in market value for the Google parent company, according to Dow Jones Market Data. The decline in market cap is the largest one-day loss for Alphabet on record, though Meta Platforms Inc., Amazon.com Inc., Apple Inc. and Microsoft Corp. all suffered worse losses in the past.
$Netflix(NFLX)$ Netflix said on Monday it is ending its free mobile plan in Kenya, which has allowed users to access a quarter of its shows and movies without paying over the past two years.
$Palantir Technologies Inc.(PLTR)$ In the AI arms race that has been building in financial markets, investors have honed in on a few specific names to ride this wave higher. The stock that has gotten an increasing amount of interest of late is Palantir (NYSE: PLTR) stock.
$NVIDIA Corp(NVDA)$ AI chip giant, is once again in the spotlight after earning a coveted spot on Goldman Sachs' 'Americas Conviction List.' This move follows an upgrade from 'Buy' status late last month, with a price target of $605 per share.
$Microsoft(MSFT)$ Microsoft CEO Satya Nadella is expected to testify in the US Justice Department's antitrust trial against Google, highlighting the search giant's hold on the market. The government claims Google paid billions to be the default search engine on devices, boosting its advertising profits.