First Eagle Investments's position in Alphabet is currently worth $1.24 Billion. That's 2.62% of their equity portfolio (9th largest holding). The first Alphabet trade was made in Q4 2015. Since then First Eagle Investments bought shares seventeen more times and sold shares on nineteen occasions. The stake costed the investor $474 Million, netting the investor a gain of 162% so far.
AI startup Anthropic and tech industry groups Engine Advocacy and TechNet reportedly said in a Friday (May 9) court filing that competition in the AI field w...
The Justice Department has dropped its bid to force Google to sell its artificial intelligence (AI) investments.
Alphabet's expanding AI portfolio is strengthening its position in the cloud, search and smartphone domains despite increasing regulatory headwinds.
After Google parent Alphabet (GOOGL) reported third-quarter earnings that topped analysts' expectations, CEO Sundar Pichai and other executives told investor...