CEO Sundar Pichai described current trends as "extraordinary," projecting confidence in the company's forward outlook. Wall Street analysts anticipate continued momentum in 2025 with 11.6% revenue growth and an EPS target of $8.99, a solid 12.5% year-over-year increase.
The vehicles Waymo receives from Geely, it says, are “base vehicles,” stripped of telematics systems and any other technology that would allow the vehicle to communicate with, or send data back to, its manufacturer. Only “authorized personnel” install Waymo's self-driving technology into the cars after they’re delivered to the United States.
Shares of Google parent Alphabet ( GOOG -1.14%) ( GOOGL -0.98%) surged 35.5% in 2024, according to data from S&P Global Market Intelligence . Alphabet entered 2024 under a cloud of skepticism regarding its competitiveness in the artificial intelligence (AI) races and amid pressure from antitrust authorities.
Wall Street anticipates Alphabet's Google to continue its innovation streak in 2025, with key growth drivers including generative AI and autonomous driving. JPMorgan analyst reiterates Overweight rating and sets $232 price target for both GOOG and GOOGL shares.
Alphabet Inc.‘s Waymo LLC has a valid driverless passenger permit to operate in San Francisco, a California state appeals court ruled Tuesday, citing evidence of a good safety record for the self-driving taxi service.
Mike Johns posted a video on LinkedIn in which he was headed to Sky Harbor International Airport in Phoenix. Johns was still able to catch his flight but was left dizzy and frustrated by the experience with the taxi from Waymo, the self-driving car arm of Google’s parent company Alphabet. Waymo said the incident caused a five-minute delay.
Despite the sector's struggles to start the new year, technology is still one of the best places to invest over the long run. The sector has helped power the market higher in recent years, which has led to eight of the largest companies in the S&P 500 being either technology companies or companies with strong technology ties.
As Google Maps approaches its 20th anniversary in February, the tech giant is working diligently to maintain its dominance in the mapping industry. With innovative advancements, including new camera systems and generative artificial intelligence,
As Google Maps turns 20, it's mapping more countries and rolling out generative AI capabilities to keep dominance as the world's top navigation app.
Tesla Inc. Chief Executive Elon Musk accused him of asking "boring, boneheaded questions" in an earnings call seven years ago. But in fact, Bernstein's Toni Sacconaghi was a rare, clear-headed analyst whose willingness to press management teams will be a big loss for Wall Street.
Phoenix, a longtime hub for aerospace and defense, is becoming an epicenter of semiconductor manufacturing and autonomous vehicles.
Artificial intelligence (AI) is already transforming many industries, but not all tech companies will benefit equally. The companies with the most potential notched their AI lead