Google will reportedly make a more aggressive push into consumer devices with the upcoming launch of its latest Pixel smartphones. The company signaled this effort by moving up the launch of the phone from October to August, scheduling it before the debut of the next iPhone from its rival, Apple, Bloomberg reported Monday (Aug. 12).

Alphabet's Google (GOOGL) will hold its annual Made By Google launch event Tuesday, where it will unveil the next generation of Pixel smartphones, as well as provide updates on how it's integrating artificial intelligence (AI) into its devices with Gemini.

Tony Zhang, OptionsPlay chief strategist, joins 'Power Lunch' to discuss the re-rating of Google.

When investing for the long term, identifying the top stocks to buy and hold requires a good comprehension of overall business fundamentals. Investors should focus on companies with solid revenue growth, advanced technologies and strategic market leads for steady long-term gains.

A federal judge in California is giving plaintiffs a chance to file an amended lawsuit after dismissing their antitrust lawsuit against Google. The lawsuit accuses the tech giant of unlawfully dominating web search on smartphones, Reuters reported Monday (Aug. 12).

Waymo plans to start testing its fully autonomous vehicles with no human safety driver on freeways in the San Francisco Bay Area this week. Its employees will be the first guinea pigs.

Google has announced the rollout of its locally produced Pixel 8 devices in India, nearly 10 months after revealing its domestic manufacturing plans for the devices, and immediately ahead of the expected Pixel 9 unveiling later this week.

Alphabet's Q2 2024 revenue reached $85 billion, a 14% year-over-year increase, driven by growth in Google Cloud and AI integration. Google Cloud revenue surged by 29% YoY to $10.35 billion, marking its first-ever $1 billion in quarterly operating income, with a margin of 11%. GOOG's RSI dropped to 45, nearing oversold territory, with potential resistance at $175 and bullish solid momentum if it approaches $210.

Alphabet's Google is deactivating AdSense accounts in Russia, saying on Monday that it would no longer be able to make payments to users of its advertising service in the country.

Alphabet is best-known for its search engine, but the cloud computing wing is providing a growth boost. Meta continues to grow revenue and profits quickly thanks to its dominance in social media platforms.

Wedbush's Daniel Ives says Apple could surprise the market with the strength of its iPhone sales.

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