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Alphabet Inc., the parent company of Google, has made headlines with its largest acquisition to date: a $32 billion all-cash deal for cybersecurity firm Wiz. This strategic move underscores Alphabet’s commitment to enhancing its cloud security offerings, positioning it to compete more effectively with Amazon Web Services (AWS) and Microsoft Azure. Wiz: A Leader in […]
Microsoft recently witnessed a significant financial milestone when its market cap briefly surpassed $3 trillion during Wednesday’s intraday trading. This spike occurred as its stock price increased by more than 1%, reaching around $404 per share. Although the stock slightly receded later in the day, closing at $401.5 per share, the event marks a critical […]
In contrast to the robust performance of commodities in 2021 and 2022, 2023 did not follow the expected trajectory of strength. A mild European winter and an overestimated impact of geopolitical tensions, including Russia’s invasion of Ukraine and China’s economic instability, particularly in its property sector, led to a downturn in the commodities market. This […]
The Walt Disney Company recently showcased a robust fiscal-fourth-quarter performance that caught the attention and approval of many of its investors. The entertainment giant announced an ambitious plan to intensify its cost-reduction strategies with an additional $2 billion savings goal, alongside intentions to reinstate its shareholder dividends. This news propelled the company’s stock to its […]